Culture
UOBKH initiates coverage on UltraGreen.ai with ‘buy’ on optimistic growth outlook
The company is well-positioned to benefit from potential growth in the fluorescence-guided surgery market, say UOBKH analysts[SINGAPORE] UOB Kay Hian (UOBKH) initiated coverage on medical technology company UltraGreen.ai with...
China’s three major airlines extend refunds and Japan flight changes to March 2026
[BEIJING] Three major Chinese airlines will offer refunds and charge-free changes to Japan-related flights until March 28 next year, state-owned news outlet Yicai reported on Friday (Dec 5), extending...
Temasek-backed Fullerton pares China hedge fund operations, workforce: source
[SINGAPORE] Fullerton Fund Management, backed by Temasek Holdings, has sharply scaled back its China private fund operations after years of struggling to build scale, a person with direct knowledge...
German factory orders jump on 87% surge in big transport items
Demand increased 1.5% from the previous month, which was revised significantly higher to show a 2% gain[BERLIN] German factory orders surged in October, supporting the prospect that Europe’s biggest...
India central bank cuts key rate, boosts liquidity to support ‘Goldilocks’ economy
[MUMBAI] The Reserve Bank of India (RBI) cut its key repo rate by 25 basis points (bps) on Friday (Dec 5) and left the door open for further easing,...
Warner Bros begins exclusive deal talks with Netflix
The traditional TV business is in the midst of a major contraction as viewers shift to streaming[LOS ANGELES] Warner Bros Discovery has entered exclusive negotiations to sell its film...
China chipmaker Moore Threads soars 502% after eight billion yuan IPO
The listing comes as optimism over the country’s drive for tech self-sufficiency intensifies, fuelled by trade tensions and fears of US technology curbs MOORE Threads Technology, a leading Chinese...
CLI-backed SC Capital starts work on US$600 million first phase of Osaka data centre
The 100MW facility in a prime location will have direct access to robust power infrastructure and major network routes[SINGAPORE] Singapore-based institutional real estate investment management firm SC Capital Partners...
China’s risky shadow banks back in spotlight after Xi’s debt crackdown
Bridging the funding gap has become more urgent as bond issuance by the special financial vehicles has fallen to its lowest level since 2020[BEIJING] China’s crackdown on borrowing by...
VinFast to invest US$500 million in India to expand manufacturing
The company plans to increase production to 150,000 annually within a year and double it in the next three years[DELHI] VinFast Auto, Vietnam’s largest carmaker, plans to invest US$500...
