China chipmaker Moore Threads soars 502% after eight billion yuan IPO

China chipmaker Moore Threads soars 502% after eight billion yuan IPO

[ad_1] The listing comes as optimism over the country’s drive for tech self-sufficiency intensifies, fuelled by trade tensions and fears of US technology curbs MOORE Threads Technology, a leading Chinese artificial intelligence (AI) chipmaker, surged in its Shanghai trading debut after raising eight billion yuan (S$1.5 billion) in the year’s second-largest onshore initial public offering…

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Philippines eyes easing IPO float rules to lure firms like GCash

Philippines eyes easing IPO float rules to lure firms like GCash

[ad_1] Companies will be required to keep certain minimum public float levels after listing [MANILA] The Philippines’ securities regulator plans to relax free float requirements for initial public offerings (IPOs) as it seeks to entice more companies, especially large ones, to list on its faltering stock market. The Securities and Exchange Commission (SEC) is seeking…

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NYCFC star Alonso Martinez undergoes knee surgery in devastating blow

NYCFC star Alonso Martinez undergoes knee surgery in devastating blow

[ad_1] Alonso Martinez underwent successful surgery at Montefiore Einstein in The Bronx on Thursday, weeks after suffering a devastating ACL injury in his right knee that upended New York City FC’s playoff run.  Martinez suffered an ACL rupture in his right knee, an injury that he sustained while on international duty with the Costa Rica…

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Asian markets mixed ahead of US data, expected Fed rate cut

Asian markets mixed ahead of US data, expected Fed rate cut

[ad_1] Focus is now on the release later Friday of the personal consumption expenditures index [HONG KONG] Asian markets struggled into the weekend on Friday (Dec 5) following a bland lead from Wall Street as a mixed bag of US data did little to move the needle on expectations the Federal Reserve will cut interest…

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VinFast to invest US$500 million in India to expand manufacturing

VinFast to invest US0 million in India to expand manufacturing

[ad_1] The company plans to increase production to 150,000 annually within a year and double it in the next three years [DELHI] VinFast Auto, Vietnam’s largest carmaker, plans to invest US$500 million in India to expand its manufacturing operations to include electric buses, scooters and charging infrastructure, it said. The southern Indian state of Tamil…

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JJ McCarthy clears concussion protocol as he’s set for Vikings return

JJ McCarthy clears concussion protocol as he’s set for Vikings return

[ad_1] Vikings quarterback J.J. McCarthy should be ready to go for Sunday’s game against the Commanders. McCarthy cleared concussion protocol on Thursday, paving the way for his return to the starting lineup. The rookie quarterback suffered the concussion during Minnesota’s 23-6 Week 12 loss to the Packers and missed his team’s shutout loss against the…

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CNN’s Jake Tapper skewered for calling black DC pipe bomb suspect Brian Cole Jr. a ‘white man’ on air

CNN’s Jake Tapper skewered for calling black DC pipe bomb suspect Brian Cole Jr. a ‘white man’ on air

[ad_1] CNN anchorJake Tapper was ripped Thursday after he wrongly referred to accused DC pipe-bomber Brian Cole Jr. as a “white man.” Tapper made the cringeworthy gaffe while discussing the arrest of Cole, who is black, during his opening segment on “The Lead.” CNN’s Jake Tapper mistakenly called Brian Cole Jr. a “white man” on…

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