Unitree IPO puts a price on China’s humanoid robot bet
The Hangzhou firm's record Shanghai listing has drawn frenzied retail demand, and a queue of rivals is forming behind it...
Category : Featured
Deutsche Bank becomes first European bank to clear China’s Renminbi
The move will allow the Deutsche Bank to provide direct end-to-end processing, clearing and settlement services for cross-border renminbi transactions...
Singapore doubles down on AI boom, raises forecast after Q2 GDP growth
In its second GDP upgrade of the year, Singapore's Ministry of Trade and Industry lifted its forecast to 4.5%-5.5%, from the previous range of 2%-4%...
Norway wealth fund posts record USD 184 billion profit as CEO warns of risks
Investing in the Norwegian state's revenues from oil and gas production, the fund currently owns on average 1.5% of all listed companies globally...
Battle of numbers: Airbus gets the edge as Boeing delivers only 53 jets in July
Boeing also booked 30 new orders after adjusting for cancellations in July. Airbus, on the other hand, booked 204 orders in the same month...
IF Insights: Intel’s USD 20 billion bet on becoming America’s foundry
A record share sale, a Tesla contract and a 175% stock run have put Lip-Bu Tan's turnaround beyond doubt. Beating TSMC is a different question...
ADB, insurers to unlock USD 2.5 billion for Asia-Pacific’s small businesses
ADB's 'Master Framework Program for Financial Institutions' expands a credit insurance program that the global lender launched in 2022...
Dominion-NextEra merger under regulatory fire as Virginia Governor, Senator raise red flags
Governor Abigail Spanberger will become a party before the Virginia State Corporation Commission, to get access to filings on the transaction...
Berkshire Hathaway shares hit post-Buffett high after buybacks, strong earnings
As per the American conglomerate's quarterly reports, its cash pile fell to USD 364.7 billion on June 30 from a record USD 380.2 billion three months earlier...
Washington’s USD 3 billion minerals bet and the chokehold it cannot buy its way out of
Washington is spending hard on mines, magnets and allies. Beijing still owns the refining stage that turns ore into weapons, motors and chips...