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Sygnum is sole new unicorn from South-east Asia in H1 2025: Tracxn report
[ad_1] [SINGAPORE] Digital asset group Sygnum has emerged as the sole new unicorn from South-east Asia in the first half of 2025, data platform Tracxn said in a report released...
Mystery US$33 billion Chinese medicine fortune collapses in days
[ad_1] [HONG KONG] When Yat-Gai Au was worth US$33 billion on paper, he was not in his Hong Kong office.
One week later, when his net worth plunged to US$10.1 billion,...
Japan private-sector rice imports soar in May
[ad_1] Published Fri, Jun 27, 2025 · 03:55 PM[TOKYO] Japan’s private-sector rice imports rocketed higher in May as the country grapples with supply shortages that have become a major headache...
Japan’s NTT lodges listing prospectus for Reit, set to be Singapore’s largest IPO in four years
[ad_1] [SINGAPORE] Japanese telco Nippon Telegraph and Telephone (NTT) is spinning off some of its data centres into a Singapore-listed real estate investment trust, or S-Reit, marking what is likely...
Bumper orders for Xiaomi‘s new SUV heighten threat to Tesla
[ad_1] [SHANGHAI] Exceptionally strong initial orders for Xiaomi‘s YU7 electric sport utility vehicle sent shares in the automotive newcomer to a record high on Friday and fanned speculation that Tesla may...
Masayoshi Son hints at succession plan while chasing AI ambition
[ad_1] [TOKYO] Masayoshi Son acknowledged the outlines of a succession plan, addressing what may be the single biggest concern among investors, and name-checked the head of SoftBank Group’s telecom unit...
Asia: Stocks climb, dollar holds on trade hopes and rate bets
[ad_1] [HONG KONG] Asian markets rose on Friday on fresh trade hopes and the dollar held around three-year lows amid bets of cuts to US interest rate cuts.Easing concerns about...
Gold heads for second weekly loss, investors eye US inflation data
[ad_1] Published Fri, Jun 27, 2025 · 10:57 AMGOLD prices fell on Friday, poised for a second consecutive weekly loss as a slight uptick in the dollar pressured bullion while markets...
India oil law revamp unlikely to draw foreign drillers amid red tape and weak incentives
[ad_1] [SINGAPORE] India’s first rewrite of its 77-year-old oilfield rules kicked in on Apr 15, with New Delhi hoping it’ll help turn around a decade of sluggish output and and...
Nike profits sink but company says it is turning a corner
[ad_1] [NEW YORK] Nike reported sharply lower quarterly profits on Thursday, but signalled it was past the worst stage of a corporate retooling as it implements “surgical” US price increases...
