US businesses paid a staggering $187 billion in swipe fees, mostly driven by Mastercard and Visa cards. Stablecoins are now posing a threat to these traditional services, with their potential…
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…
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…
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…
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…
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,…
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…
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…
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…
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…