Culture
China lifts exit ban on Wells Fargo banker amid US trade talks
The Asian nation’s use of exit bans has been a point of contention between Beijing and Washington[BEIJING] China has released a Wells Fargo banker it earlier blocked from leaving...
Indonesia sovereign wealth fund INA targets data centres, AI in healthcare, renewables
[SINGAPORE] The Indonesia Investment Authority (INA) is prioritising digital infrastructure, healthcare and renewables as the sovereign wealth fund seeks foreign partners and supports the nation’s economic development, its chief...
Asia: Stocks swing as traders bide time ahead of US rate decision
ASIAN stock markets were mixed on Wednesday as investors bided their time ahead of an expected US interest rate cut later in the day.Traders took a breather from the...
Skylink opens at S$0.245 following reverse takeover by Sincap
The company has been revived from a reverse takeover of home-grown commercial vehicle specialist Skylink Apac by Sincap Group[SINGAPORE] Skylink Holdings made its debut on the Catalist board of...
China says US TikTok deal a ‘win-win’, will review app’s technology and IP transfers
[BEIJING] China on Wednesday called the framework deal reached in Madrid to switch short-video app TikTok to US-controlled ownership a “win-win” and said it would review TikTok’s technology exports...
Carro raises US$60 million to capture Japanese used car demand in Asia Pacific
The company says it expects overall demand for used cars and plug-in hybrid electric vehicles from Japan to grow[SINGAPORE] South-east Asia’s largest online used-car marketplace Carro raised US$60 million...
Nissan to shut design studios in US and Brazil and downsize London, Japan operations
The Japanese automaker says that the restructuring, which will be completed by the end of fiscal 2025, is aimed at streamlining its design operations[BENGALURU] Nissan Motor will close its...
China’s Chery Automobile seeks up to HK$9.1 billion in Hong Kong IPO
[HONG KONG] Chery Automobile is seeking to raise as much as HK$9.1 billion (S$1.5 billion) in a Hong Kong initial public offering (IPO), kicking off what’s shaping up to...
Gait Retraining After a Tibia or Femur Fracture From Impact Injuries
Recovering from a severe leg fracture, such as one to the tibia or femur, is rarely a simple process. These injuries are common after high-impact accidents like car crashes,...
Morgan Stanley CIO favours 60/20/20 portfolio strategy with gold as inflation hedge
A 60/20/20 portfolio strategy that includes 20 per cent gold is a more resilient inflation hedge at a time when US equities are offering historically low upside over Treasuries and...