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China chipmaker Moore Threads soars 469% 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...
Philippines eyes easing IPO float rules to lure firms like GCash
Companies will be required to keep certain minimum public float levels after listing[MANILA] The Philippines’ securities regulator plans to relax free float requirements for initial public offerings (IPOs) as...
Asian markets mixed ahead of US data, expected Fed rate cut
Focus is now on the release later Friday of the personal consumption expenditures index[HONG KONG] Asian markets struggled into the weekend on Friday (Dec 5) following a bland lead...
Gold steady as rising yields offset dollar weakness; PCE data eyed
[BENGALURU] Gold prices held steady on Friday (Dec 5), as rising US Treasury yields offset support from a weaker US dollar, while markets awaited US inflation data later in...
The reluctant heiress who saved her father’s agriculture empire
Amid mounting losses, Liu Chang instilled a “wartime culture”.“I’M NOT like the heroes of the founding generation, I don’t have a story, I am the result of a process.”Liu...
Humanoid robots have a data problem. China’s ‘training centres’ hope to fix it
The humans controlling the droids have them repeat each task over and over, as a computer system logs their every move[SHENZHEN] Home economics meets Star Wars at this “training...
Almost one-third of firms on regional list of top employers have Singapore presence
The markets are Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, the Philippines, Singapore, Thailand and Vietnam[SINGAPORE] Almost one-third, or 32, companies on a list of the top 100 employers to...
Big shift in AI stock trade drives hunt for new stars in Asia
Rather than completely abandon the AI trade, investors are moving to other stocks[HONG KONG] The hunt is on for new Asian equity winners from the artificial intelligence (AI) trade,...
US plans more stakes in minerals companies, Trump official says
Critical minerals such as gallium and cobalt are used in products ranging from iPhones to industrial magnets[WASHINGTON] The US government plans to take more equity stakes in critical minerals...
Microsoft to lift productivity suite prices for businesses, governments
The company says that the changes reflect more than 1,100 new features added across Microsoft 365[BENGALURU] Microsoft will increase prices for its Microsoft 365 productivity suites globally starting July...
