Business
A family fights to keep control of 157-year-old firm in Japan
Nearly half of Japan’s listed companies are tied to a founding family, many of which no longer have enough equity to guarantee control…
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Firm
Business
Gold falls 1.5% on firm US dollar, silver recovers from over three-week low
Gold extended falls on Monday (Feb 2), pressured by a firm US dollar, as investors gauged US President Donald Trump’s Fed chair pick Kevin…
Business
SoftBank-backed analytics firm Patsnap weighs dual listing in Hong Kong and Singapore
Patsnap, an intellectual-property data provider, is mulling a dual listing in Hong Kong and Singapore, according to people familiar with…
News
Who Was Tara Arnold? Top Lawyer from Partner of Elite Texas Law Firm Among Six Killed in Private Jet Crash While on Girls Trip to Paris
The wife of a prominent lawyer was among six people who were killed in a devastating private jet crash on a snow-covered airport runway,…
Business
SoftBank stops talks to buy data centre firm Switch
O] SoftBank Group has halted talks about an acquisition of US data centre operator Switch, a setback to founder Masayoshi Son’s ambition…
Business
JPMorgan eclipses Dimensional as world’s biggest active ETF firm
The bank’s asset management arm currently controls nearly US$257 billion in active ETFs worldwide JPMorgan Asset Management has a new…
News
US lifts import ban on Malaysian palm oil firm FGV Holdings
The United States has lifted a ban on Malaysian palm oil firm FGV Holdings, after finding that the company had taken sufficient action to…
Unsorted
Fed served with DOJ subpoenas, Powell vows to stand firm
Trump has also sought to fire the central bank governor Lisa Cook, another extraordinary step US Federal Reserve chair Jerome Powell said…
Business
Chinese semiconductor firm OmniVision jumps 16.2% in Hong Kong trading debut
Shares of OmniVision Integrated Circuits jumped 16.2 per cent in their Hong Kong debut on Monday (Jan 12), after the Chinese semiconductor…
Business
CEO of Salonpas maker seeks to take the 450 billion yen drug firm private
The Japanese government has been promoting cheaper generic medicines and pushing drugmakers to cut prices as its population ages Hisamitsu…
Business
Nam Cheong sells vessel for US$20.5 million to Vietnam firm
The sale is expected to contribute positively to the group’s earnings for the financial year ending 2025 Malaysian offshore support vessel…
Business
Chinese AI firm MiniMax to launch Hong Kong IPO in early January
The firm develops multimodal AI models which can process text, audio, images, video and music Chinese artificial intelligence (AI) firm…
Business
Grab to acquire Chinese firm Infermove to expand in AI robotics
Grab Holdings has acquired Chinese tech company Infermove to expand in artificial intelligence-enabled robotics for food delivery. Grab…
Business
Trump Media, fusion power firm TAE Technologies combine in US$6 billion deal
Under the deal, shareholders of both companies will own about 50% of the combined entity US President Donald Trump’s social media firm is…
Business
Why fintech firm Bilt is funding its own original series 'Roomies'
At the Angelika Film Center in New York earlier this month, 115 people gathered around the theater’s big screen. But it wasn’t to watch a…
Business
Warburg Pincus is said to near acquisition of Asian firm Acclime
The transaction may value the corporate services firm at US$950 million to US$1 billion Warburg Pincus is nearing a deal to acquire…
Business
Warburg Pincus invests in corporate services firm Acclime, valuing it at US$1 billion
The private equity firm beat rival firms Carlyle Group, Blackstone, KKR and TPG in a bidding race American private equity firm Warburg…
Business
China AI chip firm Biren to launch Hong Kong IPO in coming weeks: sources
The company is banking on rapid growth as China seeks to develop domestic alternatives to US semiconductors [BEIJING/HONG KONG] Chinese…
News
Vietnam's Economy Holds Firm Despite Storms and Global Headwinds, Set to Push Toward 2025 Targets
Vietnam's economy continued to gain traction in November despite a rare combination of external economic pressures and relentless storms…
Business
E-commerce firm Meesho notches US$8.8 billion valuation in blockbuster India debut
The country’s IPO fundraising in 2025 is expected to surpass last year’s record US$20.5 billion Shares of e-commerce firm Meesho jumped…
Business
Machine Learning Platforms Generate Millions in Revenue for Financial Services Firm
"The financial services sector stands at an inflection point where artificial intelligence transitions from experimental curiosity to…
Business
Temasek-backed autonomous driving firm Momenta files for Hong Kong IPO: sources
The firm is joining a growing list of Chinese companies aiming to debut in the Asian financial hub Chinese autonomous driving developer…
Business
Surgical tech firm UltraGreen.ai files for US$150 million IPO on SGX mainboard
It is offering 112.1 million shares at US$1.45 or S$1.892 apiece; of which 5.9 million shares will be offered via a public offer in…
Business
Surgical tech firm UltraGreen.ai files for US$377.1 million IPO on SGX mainboard
It is offering 112.1 million shares at US$1.45 or S$1.892 apiece; this includes 5.9 million shares for a retail tranche in Singapore…