Culture

Hong Kong, India fuel blockbuster year for Asia fundraising
Hong Kong’s share sales nearly quadruple to over US$73 billion via IPOs, placements and block trades[HONG KONG] Not long ago, Hong Kong’s share-sale market was a symbol of China’s...
Green stocks are big winners as tech boom drives energy demand
Lower interest rates have also improved the outlook for debt-heavy clean-power countersIT WAS supposed to be a glum year for green stocks as US President Donald Trump pushed his...
Intel has tested chipmaking tools from firm with sanctioned China unit: sources
Two of ACM’s units, based in Shanghai and South Korea, are barred last year from receiving US technology[WASHINGTON/SAN FRANCISCO] Chipmaker Intel, has tested chipmaking tools this year from a...
Singapore insurers brace for 2026 as medical inflation climbs and IP rules tighten
Despite challenges, longer-term demographic and wealth trends remain supportive, observers say[SINGAPORE] Medical inflation is expected to remain one of the most pressing challenges for Singapore’s insurance sector in 2026,...
Pakistan to allow Binance to explore ‘tokenisation’ of up to US$2 billion of assets
The move comes as other countries expand formal licensing rules for crypto exchanges amid broader global regulatory tightening[KARACHI] Pakistan has signed a memorandum of understanding with crypto exchange Binance...
Nvidia considers increasing H200 chip output due to robust China demand: sources
Chinese companies’ strong demand for the H200 stems from the fact that it is easily the most powerful chip they can currently accessNVIDIA has told Chinese clients it is...
Spacex sets US$800 billion valuation, confirms 2026 IPO plans
The Musk-led company is targeting a valuation of about US$1.5 trillion for the entire company[TEXAS] SpaceX has authorised an insider share sale that values Elon Musk’s rocket and satellite...
FMC to launch restructuring plan, targets plant closures and Asia cost cuts
[BENGALURU] Agrichemicals firm FMC said on Friday (Dec 12) that its board has approved a restructuring plan, aimed at cutting costs, shutting down high-cost plants and shifting production to...
China is ‘rejecting’ Nvidia’s H200 chips, outfoxing US strategy, David Sacks says
China is weighing a package of incentives worth as much as US$70 billion to support its local chipmaking industry[WASHINGTON] China has figured out the US strategy for allowing it...
Chinese AI euphoria obscures a gloomier technological reality
Washington and its allies are not supplying the country with the gear required to make the most sophisticated AI chips[TAIPEI] Moore Threads Technology’s phenomenal debut this month, China’s most...
US regulator grants crypto firms initial approval to launch trust banks
The regulator still has to sign off with a final stamp of approval before each of the trust banks can begin to operate[NEW YORK] Crypto giants, including Ripple and...
Bitcoin hoarding company Strategy remains in Nasdaq 100
[BENGALURU] Bitcoin hoarding giant Strategy clung to its place in the Nasdaq 100 on Friday (Dec 12), continuing its year-long stint in the benchmark at a time where analysts...