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Hong Kong is Hyped and Hopeful As It Plans to Issue First Stablecoin Licences

DIFC reports best-ever record with 32% increase in company registration in H1 

GSK Signs License Deal With Jiangsu Hengrui, a Big Milestone for the Pharmaceuticals Industry

Intel CEO Rethinks Chip Manufacturing Plans in Bid to Win Apple, Nvidia

The Business PinnacleJuly 2, 2025063 views

The CEO wanted to concentrate more resources on 14A, a next-generation chipmaking process where Intel hopes to outperform TSMC. Intel’s new CEO is considering a big change to its contract…

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Bankers on Edge about New World Development $11 Billion Loan Deal

The Business PinnacleJuly 1, 20250199 views

After years of aggressive debt-driven growth, New World has faced continuous challenges amid the real estate recession in Hong Kong and mainland China. Hong Kong builder New World Development is…

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Google’s Emissions Jumped 51% As AI Data Centres Push Up Demands Hindering Green Energy Goals 

The Business PinnacleJune 30, 2025074 views

Google’s year-on-year electricity consumption surged 27%, indicating its inability to decarbonise as its energy needs are soaring.  Countries and private companies alike are in a race to develop their artificial…

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Japanese Companies Lead Asia M&A Wave With $232 Billion in Deals

The Business PinnacleJune 27, 2025084 views

LSEG data indicate that the value of deals involving Japanese companies increased threefold in the first half, and the value of M&A in Asia reached $650 billion, more than double…

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Why China’s $1.3 Trillion Fund Giant Quietly Exits from Wall Street

The Business PinnacleJune 26, 2025091 views

The US administration has put strict barriers on China’s funds, keeping CIC off a list of foreign investors and limiting Chinese investment in technology, energy, and healthcare. For many years,…

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Investors Go Euphoric as Hong Kong IPO Hits Jackpot With 30% Return

The Business PinnacleJune 25, 2025094 views

Hong Kong stocks went to month-highs in anticipation that the Federal Reserve would reduce interest rates due to a decline in global oil prices. Ever since the Hong Kong IPO…

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Virgin Australia Shares Jump 8.3% In Australian Exchange IPO Debut 

The Business PinnacleJune 24, 2025081 views

The IPO market is only just recovering from a major slump, and Virgin Australia’s soaring valuations have infused much hope and enthusiasm in the listings market.   The initial public offering…

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Metro Bank’s Biggest Shareholder To Sell Stake 

The Business PinnacleJune 23, 2025093 views

Gilinski owns 52.87% of the stake through his Spaldy Investments vehicle and enjoys the position of non-executive director on the Metro Bank board.   British moneylender Metro Bank is once again…

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ADNOC’s Takeover Proposal For Australia’s Biggest Energy Group Raises National Concerns

The Business PinnacleJune 20, 2025090 views

ADNOC founded XRG to invest in low-carbon, chemical, and natural gas projects. Santos would be a good fit for the plan given its development of gas fields. Abu Dhabi’s national…

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Southeast Asia’s Largest Low-Cost Airlines Bet on Travel Demand and Expand, Despite Eroding Profits

The Business PinnacleJune 19, 20250107 views

Over the next few decades, demand for air travel in Southeast Asia will grow faster than in other countries. AirAsia and VietJet Aviation will add more aircraft to increase their…

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