News

Samsung-backed AI chip firm Rebellions targets IPO in South Korea next year, CEO tells CNBC

AI, IPO

Sunghyun Park, CEO of Rebellions, told CNBC that the company is leaning toward a listing on the KOSPI over the KOSDAQ.

Singapore's Temasek hits record portfolio value, eyes more investment in AI, infrastructure and private credit

Over the course of its financial year, Temasek recorded a gain of S$49 billion and a 10.5% total shareholder return.

This former Apple executive is betting on Shenzhen, not Silicon Valley, to create the 'next Apple'

AAPL, AAPLN, AAPLCL, AAPLUS

Startups building consumer electronics will have a better shot at becoming the next Apple in Shenzhen than in Silicon Valley, said Will Wang, CEO of China's smart-glasses startup.

Strength Seen in CRINETICS PHARM (CRNX): Can Its 98.7% Jump Turn into More Strength?

CRNX, SPRY

CRINETICS PHARM (CRNX) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.

Trains and emergency calls affected after major outage at Australia's largest telecoms company

Servers at data centres in Sydney and Melbourne were to blame but the exact cause remains unknown.

Denmark PM vows to defend Greenland after Trump revives push for U.S. control

Danish Prime Minister Mette Frederiksen delivered a rebuke to President Donald Trump's latest push for U.S. control of Greenland.

Virgin Media fined £28m for preventing customers from cancelling contracts

Millions of phone calls from customers were "likely mishandled" over nearly a three-year period, the regulator says.

Halo stocks are benefiting from the AI boom, Goldman Sachs says. Here are the European firms they're backing

"This is a global shift," the investment bank's researchers said.

CNBC Daily Open: Dispatch from NATO, U.S. strikes Iran and Le Pen is back

NATO

Tensions between the U.S. and its allies heat up at the NATO Summit, while a fresh wave of stikes threatens the ceasefire in Iran.

Andy Burnham's theory of devolution for Britain

The U.K.'s prime minister in waiting wants to devolve power from London to the nation’s regions. But past efforts have been anything but successful.