Business

Te Papa chief executive Courtney Johnston announces resignation

Courtney Johnston has resigned as the museum's boss after six and a half years in the job.

Peso sinks to new record low, nears P62/$1

MANILA, Philippines — The Philippine peso plunged to a record low on Wednesday, approaching 62 per dollar during early trading amid rising market volatility. The currency opened at 61.85 per dollar and weakened to an intraday low of 61.995…

PHP/USD: Philippine Peso Fell to New Record Low as Oil Prices Rise

The Philippine peso fell to a record low against the dollar as higher oil prices put renewed pressure on the currency.

China’s backflipping robot maker Unitree pops 542% in Shanghai debut

Unitree Robotics shares rise 542% on their first day of trading in Shanghai

California AG Bonta says case against Meta is about 'restitution and distortion,' not damages

Following opening arguments in the case against Meta, California Attorney General Bonta said the trial is not about extracting a massive payout.

China ‘cloudscape observer’ mist-monitoring job ends; resort plans more similar campaigns

A Chinese tourist site recently concluded a month-long position that paid 60,000 yuan (US$8,900) to live on a mountaintop, observe the cloudscape, and share daily videos of the sea of clouds. On July 8, the Laojun Mountain Scenic Area in…

Chinese humanoid robot maker Unitree set to jump over 600% in Shanghai debut

Chinese humanoid robot maker Unitree opens over 600% higher in Shanghai debut

The trading debut follows Unitree's roughly US$900 million initial public offering last week.

Seoul, Washington to halve joint drills as Trump reportedly seeks summit with North Korea's Kim

Former Komatsu President Masahiro Sakane dies at 85

A native of Shimane Prefecture, Sakane helped spur the construction firm's turnaround while serving as president from 2001 to 2007.

AI Startup Temporal in Talks for a Valuation of at Least $12 Billion

Temporal Technologies Inc. is in talks for a fresh funding round that would give the AI startup a valuation of at least $12 billion before the new money, according to people familiar with the efforts.

Japan Bond Volatility Is Pumping Up Futures Trading in Singapore

Global funds and relative-value traders are driving a surge in Japan bond futures trading in Singapore, drawn by rising volatility.