Culture
JD.com weighs raising 10 billion yuan in debut dim sum bond sale
Dim sum bonds are attractive to some Chinese tech firms because of their lower financing costsJD.COM is considering its first dim sum bond sale, with a potential offering that...
Chinese teahouse chain Chagee is said to explore Hong Kong listing
[HONG KONG] Chinese tea chain Chagee Holdings is considering a listing in Hong Kong, according to sources familiar with the matter, joining a rush of firms being drawn to...
India’s central bank intervenes again to support rupee, traders say
[MUMBAI] The Indian central bank was seen back in the foreign exchange market on Thursday, selling dollars through state-run banks to reinforce support for the rupee, traders said.The rupee...
Chinese tech firms rise in Hong Kong debut as US-China tech race heats up
The trio’s performance will help gauge whether Hong Kong can extend last year’s IPO resurgence[SINGAPORE] Three Chinese technology firms debuted higher on Thursday (Jan 8) after raising a combined...
US oil companies say they need guarantees to invest in Venezuela: FT
US OIL companies want “serious guarantees” from Washington before they make large investments in Venezuela, as President Donald Trump urges them to back his bid to reshape energy markets,...
Asia bankers fear US scrutiny of loans involving chips, China
The backlash against US capital flowing into an AI ecosystem linked to Chinese firms can be swiftSOME bankers in Asia are starting to worry about financing deals that would...
Australia’s goods trade surplus shrinks to A$2.9 billion in November
[SYDNEY] Australia’s surplus on goods trade narrowed sharply in November as shipments of iron ore fell back, data showed on Thursday, while imports were a fraction firmer.The Australian Bureau...
China metals in grip of frenzy as investors bet on global rally
Open interest has surged to a record across the six base metals traded in ShanghaiCHINA’S metal markets are in the grip of a speculative frenzy, with traders and deep-pocketed...
OUE Reit in ‘exclusive talks’ for partial stake in Salesforce Tower in Sydney
There is no certainty that any transaction will materialise at this juncture, says manager[SINGAPORE] OUE Real Estate Investment Trust (OUE Reit) is in “exclusive talks” with Mitsubishi Estate Asia...
Arm launches ‘Physical AI’ unit, joining rush to robotics by tech and automakers
Interest in humanoid robots has boomed as companies see human-form machines as the next frontier in AI and automation [BENGALURU] Chip technology company Arm Holdings has reorganised the company...
