- April 30th, 2025
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 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...
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,...
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...
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...
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...
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’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...
The governments of Singapore and Australia have unveiled a significant expansion of the Shoalwater Bay Training Area, a sprawling military training site in Queensland. Spanning an area approximately five times the size of Singapore, the upgraded facilities reflect a deepening...
The U.S. Department of Defense (DoD) concluded its Virtual Flag: Coalition (VFC) 2024 exercise at Kirtland Air Force Base, marking another milestone in enhancing military collaboration between the U.S. and allied forces. Held from October 21 to November 4, the...
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