- February 5th, 2025
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...
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. 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...
Chinese scientists are advancing the design and development of next-generation hexapod robots, aiming to revolutionize lunar exploration capabilities. These six-legged robots, currently under development, promise unprecedented stability, motion fluidity, and load-bearing efficiency, paving the way for robust extraterrestrial exploration. The...
Vietnam, a rapidly growing manufacturing hub in Southeast Asia, is set to rely heavily on coal-fired power plants next year to meet its surging electricity demands, according to a statement by the government on Monday (Nov. 18). Amid efforts to...
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