Two airliners nearly collide taking off from Houston’s Bush Intercontinental Airport

Two airliners nearly collide taking off from Houston’s Bush Intercontinental Airport

[ad_1] Two jets narrowly avoided a collision while departing Houston’s Bush Intercontinental Airport earlier this month, prompting a federal investigation. A Volaris Airlines flight bound for El Salvador made an unauthorized right turn into the path of a United Express flight headed to Jackson, Mississippi, according to the Federal Aviation Administration (FAA).  Air traffic control instructed…

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Gold hovers near two-week low as investors book profits

Gold hovers near two-week low as investors book profits

[ad_1] [BENGALURU] Gold hovered near a two-week low on Tuesday (Dec 30) that it touched in the previous session, as year-end profit-taking caused all precious metals to stage a broad pullback from record highs hit earlier. Spot gold was up 0.4 per cent at US$4,347.67 per ounce, as at 9.45 am, after hitting a record…

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Chinese stocks on track for best year since 2017 as rally widens

Chinese stocks on track for best year since 2017 as rally widens

[ad_1] The MSCI China Materials Index has gained around 108% this year, on track for its strongest year since 2003 [HONG KONG] Chinese stocks look set for their strongest showing since 2017, after a technology-driven bull run broadened out to include companies from gold miners to drug makers. The MSCI China Index has risen about…

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Two currency bets in Asia flash warning signs as year-end nears

Two currency bets in Asia flash warning signs as year-end nears

[ad_1] Moves in precious metals have also contributed to swings in the region’s currencies [MUMBAI] Some of Asia’s strongest currency trends are starting to unravel in the final trading days of the year, with the South Korean won and the Thai baht leading the reversals. The embattled won, which was approaching a threshold last breached…

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China’s reawakening puts Asia M&A on confident course for 2026

China’s reawakening puts Asia M&A on confident course for 2026

[ad_1] The country-focused PE firms have also been hunting overseas. [HONG KONG] The buoyant mood around deals is reverberating through Asia, with major markets such as China picking up the pace after a spell in the doldrums and Japan turning in record volumes. “The investment banking pipeline across this region is one of the strongest…

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ST Engineering expects positive H2 net profit

ST Engineering expects positive H2 net profit

[ad_1] [SINGAPORE] ST Engineering on Tuesday (Dec 30) said that it expects to report a positive net profit for the second half of 2025, after considering all the one-off effects for the half-year period. This comes as the group had forecast a positive full-year net profit, amid its strong base operating performance, in its Nov…

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Meta acquires Singapore-based startup Manus to bolster AI business

Meta acquires Singapore-based startup Manus to bolster AI business

[ad_1] [SAN FRANCISCO] Meta Platforms has agreed to acquire Singapore-based artificial intelligence (AI) startup Manus, which makes an AI agent that it sells to small and medium-sized businesses. The deal is part of a broader push by Meta to build a business around its massive AI investment, which has captured the focus of chief executive…

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