Tech stocks

Asian Stocks Edge Higher as U.S. Markets Await Trump Cabinet Appointments and Fed Signals

Asian stocks gained modestly on Tuesday, buoyed by Wall Street’s recovery and easing U.S. bond yields, while the dollar hovered near multi-month lows. Investors monitored President-elect Donald Trump's cabinet appointments, scrutinizing their potential influence on Federal Reserve policy and global...
Cryptocurrency

Bitcoin Nears All-Time High Amid Renewed U.S. Embrace of Crypto Under Trump

Bitcoin is back in the limelight, edging close to its all-time peak, as the digital-asset industry experiences a resurgence fueled by favorable developments in the United States. The ascent, buoyed by policy optimism under President-elect Donald Trump and major corporate...
Apple Inc.

Apple Boosts Investment Proposal in Indonesia as iPhone 16 Sales Ban Looms

Apple Inc. has significantly increased its proposed investment in Indonesia, nearly tenfold, as the US technology giant attempts to overturn a government ban on the sale of its iPhone 16, according to sources familiar with the matter. The enhanced proposal...
Alibaba

Alibaba Group Unveils Initial Pricing for $5 Billion Dual-Currency Bond

Alibaba Group Holding Ltd., one of the world’s largest e-commerce and technology conglomerates, has set the stage for a significant financial maneuver by unveiling initial price guidance for its $5 billion dual-currency bond issuance. The strategic move, aimed at diversifying...
Japanese Yen

Yen Stabilizes Amid Dollar Weakness, Market Awaits Policy Signals

The Japanese yen found some stability on Tuesday, trading on the stronger side of 155 per dollar, as the U.S. dollar retreated from its recent highs. The respite follows a remarkable rally by the greenback, which reached a one-year peak,...
Keppel

Keppel to Spin Off Data Centre Joint Venture to Keppel DC REIT for S$1.38 Billion

Singapore-based conglomerate Keppel Corporation announced it will spin off its data center joint venture (JV) to Keppel DC REIT in a strategic move to consolidate and optimise its data centre assets. The deal, valued at a total gross divestment price...
Blackstone

Blackstone Nearing $8 Billion Deal for Jersey Mike’s Subs

Global buyout giant Blackstone is reportedly close to acquiring the popular U.S.-based sandwich chain Jersey Mike’s Subs in a deal valued at around $8 billion, including debt. According to a source familiar with the matter, the announcement could come as...
Asian Markets

Fidelity’s Efstathopoulos Bets Big on China’s Mid-Cap Stocks, Eyes Stimulus-Driven Growth

In the high-stakes world of global asset management, George Efstathopoulos, a Singapore-based money manager for Fidelity International, is positioning himself as a staunch believer in China’s economic resilience. After capitalizing on China’s dramatic stock market rally in September, Efstathopoulos is...
DF-100 Supersonic Missile Range to 4,000 km

China Boosts DF-100 Supersonic Missile Range to 4,000 km, Signaling Advanced Strategic Strike Capabilities

China’s Dongfeng-100 (DF-100) supersonic cruise missile, also referred to as the Changjian-100 (CJ-100). This revelation underscores the advanced capabilities of the DF-100, which has been a focal point of international defense and security discussions since its public debut during China’s...
China Speeds Up Nuclear Aircraft Carrier Project

China Speeds Up Nuclear Aircraft Carrier Project, New Satellite Images Reveal Rapid Progress

China’s naval modernization is making waves on the global stage, with the Middlebury Institute of International Studies unveiling a pivotal development: a land-based prototype nuclear reactor in the mountains near Leshan, Sichuan Province. This effort is reportedly part of a...
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