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TECH 15 Feb 2017 | 4:26 AM

Electric car boom spurs investor scramble for cobalt

Investors are buying up physical cobalt anticipating that shortages of the metal, a key component of lithium-ion batteries used in electrical cars, will spur prices to their highest levels since the 2008 financial crisis.

Technology 25 Oct 2016 | 5:43 AM

'Siri, catch market cheats': Wall Street watchdogs turn to AI

Artificial intelligence programs have beaten chess masters and TV quiz show champions. Next up: stock market cheats.

Technology 24 Oct 2016 | 9:09 AM

Major banks mark first-ever international trade using blockchain tech

The first cross-border transaction between banks using multiple blockchain applications has taken place, Commonwealth Bank of Australia and Wells Fargo & Co said, resulting in a shipment of cotton to China from the United States.

Technology 08 Sep 2016 | 8:38 AM

Low tax Zug aims to become Switzerland's 'Crypto Valley'

The small Swiss canton of Zug, famed for the low taxes that have drawn multinational companies and hedge funds to its lakeside shores, is trying to turn itself into a hub for virtual currency firms.

TECH 31 Aug 2016 | 1:00 AM

Cyber threat grows for bitcoin exchanges

When hackers penetrated a secure authentication system at a bitcoin exchange called Bitfinex earlier this month, they stole about US$70mil (RM283.6mil) worth of the virtual currency.

TECH 15 Aug 2016 | 6:27 AM

'Grumpy hold-outs' could sink Bitfinex recovery plan after Bitcoin theft

Crypto-currency exchange Bitfinex's plan to impose losses on all its trading clients for the theft by hackers of US$72mil (RM289.37mil) in Bitcoin rests on two flawed pillars.

TECH 05 Aug 2016 | 9:19 AM

As Yahoo Messenger shuts down, oil traders bid a fond farewell

As European and American markets open on Aug 5, oil traders face a new era with Yahoo Messenger, the main tool used by traders to communicate since the late 1990s, shutting down.

TECH 28 Jul 2016 | 6:30 AM

Bytes and barrels: the origins of oil traders' love of Yahoo

For the oil industry, Yahoo Inc's decision this week to sell its core business to Verizon Communications Inc for US$4.8bil (RM19.44bil) does not matter all that much.

Technology 21 Jul 2016 | 5:56 AM

Unexpected high license growth fuels SAP Q2 operating profit beat

Unexpectedly strong growth in high-margin packaged software licenses fuelled quarterly earnings of Europe's largest software company SAP, which confirmed its full-year outlook.

TECH 09 Jun 2016 | 7:00 AM

Electric vehicles to power cobalt revival

Cobalt prices may be on the threshold of a major revival due to flourishing demand for the mineral, a key component of lithium-ion batteries used in electric cars.