Chinese Automaker Geely Launches Satellites for Autonomous Vehicle Navigation
Zhejiang Geely Holding Group Co. successfully launched a second batch of 11 satellites into low-earth orbit. This initiative, spearheaded by Geely’s subsidiary Geespace, marks a significant milestone in the company’s…
Hyundai Considers US$3 Billion India IPO, Valued Between US$25-30 Billion
In a strategic move that could reshape its footprint in one of the world’s fastest-growing auto markets, South Korea’s automotive giant, Hyundai Motor, is reportedly considering a public offering for…
Appotronics, supplier to BYD, plans to make the production better amid rising smart EV demand.
Appotronics Leads Innovation in Smart EV Market with Strategic Expansion Shenzhen, China: Appotronics, a pioneer in laser display technology development, is making significant strides to dominate the intelligent electric vehicle…
DBS Group to new Merge Equity Capital, better Brokerage, and Digital Exchange Operations
DBS Group, Singapore’s leading banking entity, has embarked on a transformative journey to enhance its footprint in the global financial arena through a comprehensive organizational consolidation. This strategic move, slated…
Ant Group forms strategic alliance with Shanghai to support the city’s ambition in artificial intelligence
In a landmark move that underscores the deepening ties between China’s tech giants and municipal ambitions, Ant Group, the financial technology powerhouse under Alibaba Group Holding, has officially partnered with…
Concerns Arise as Apple Faces Sales Slowdown in China
In recent developments, Apple Inc. has encountered significant challenges within one of its most crucial markets, China. The technology giant, headquartered in Cupertino, California, reported a nearly 13% decline in…
Global Banks Face $560 Billion Challenge in US Commercial Real Estate Market
The US commercial real estate market has been struggling since the COVID-19 pandemic began, with recent developments from New York Community Bancorp and Japan’s Aozora Bank Ltd emphasizing that the…
ByteDance launches a rival to OpenAI’s GPT amid the growing ChatGPT excitement.
In a strategic move that intensifies the global AI race, ByteDance, the parent company of TikTok, has unveiled a revolutionary platform named Coze. This platform, launched in China on Thursday,…
SK Hynix to Bolster US Chip Supply Chain with $15 Billion Investment in Indiana
In a significant move to strengthen the United States’ semiconductor supply chain, South Korean chip giant SK Hynix Inc. is nearing a decision to establish its first major U.S. facility…
Small-cap stocks experience renewed selling pressure, led by Rapid Synergy and YNH
In Petaling Jaya, the fragile recovery observed in small-cap stocks over the past few weeks has abruptly ended, signaling a return to volatility for investors. Shares of several companies, notably…
Opec+ Set to Assess Continuation of Oil Production Cuts in March, Maintains Current Output Policy
On February 1, sources from Opec+ revealed plans to evaluate the continuation of voluntary oil production reductions in March. These cuts, amounting to approximately 2.2 million barrels per day (bpd)…
Global Factory Activity Shows Mixed Results in January
The beginning of 2024 saw a varied performance across global manufacturing sectors, highlighted by the latest surveys released on February 1. Weak demand from China impacted Asia’s economic stability, while…
Gamuda Land Collaborates with Alliance Bank to Enhance Community Ties and Create New Relationships for 2024
In an innovative move to strengthen community bonds and foster new connections, Gamuda Land has teamed up with Alliance Bank Malaysia Berhad in a strategic partnership aimed at enhancing community…
China Issues Warning to Ukraine for Labeling Its Enterprises as ‘War Sponsors’
In Kyiv, on February 1, tensions escalated as China communicated concerns to Ukraine over the potential damage to bilateral relations following Kyiv’s decision to label over a dozen Chinese firms…
Nvidia Enters Competition with Huawei in the Chinese AI Chip Market
In an era where technological supremacy forms the cornerstone of geopolitical power, Nvidia’s latest foray into the Chinese market with its AI chip, the H20, signals a pivotal moment in…
China’s Xpeng is introducing its great equivalent of Tesla’s Full Self-Driving technology to international customers in 2024.
Xpeng Eyes Global Expansion with Smart Driving Tech as Key Attraction Guangzhou-Based EV Maker Sets Sights on International Markets with Advanced Driving Assistance Systems In a strategic move that signifies…
China Vows to Continue Fiscal Expansion to Boost Economic Growth
The government plans to sustain a robust level of fiscal expenditure and continue transfer payments to local governments. The focal point of fiscal policy will be to expand domestic demand.…
Bidnow, pitchIN, and Gambit Join Forces to Boost Investor Knowledge in Digital Assets 2024
In a remarkable collaborative effort, three key players in the digital asset industry – Bidnow, pitchIN, and Gambit Custody – have come together to educate the public on the nuances…
Bitsmedia seamlessly secures $20M Series A from CMIA, Gobi, and Bintang Capital.
Singapore-based Bitsmedia, the innovator behind the widely popular Muslim lifestyle application, Muslim Pro, has successfully raised US$20 million (approximately RM93 million) in a Series A funding round. This significant financial…
China Implements Property Support Initiatives Amid Evergrande Crisis Concerns
As China faces mounting concerns over the liquidation of the Evergrande Group, the nation has launched significant new measures to support its property sector, marking a pivotal move towards stabilizing…