Culture

JD.com weighs raising 10 billion yuan in debut dim sum bond sale
[ad_1] Dim sum bonds are attractive to some Chinese tech firms because of their lower financing costsJD.COM is considering its first dim sum bond sale, with a potential offering that...
Chinese teahouse chain Chagee is said to explore Hong Kong listing
[ad_1] [HONG KONG] Chinese tea chain Chagee Holdings is considering a listing in Hong Kong, according to sources familiar with the matter, joining a rush of firms being drawn to...
India’s central bank intervenes again to support rupee, traders say
[ad_1] [MUMBAI] The Indian central bank was seen back in the foreign exchange market on Thursday, selling dollars through state-run banks to reinforce support for the rupee, traders said.The rupee...
Australia central banker says inflation rate still too high
[ad_1] An acceleration in inflation over the third quarter led the RBA board to warn in December[SYDNEY] A top Australian central banker said on Thursday (Jan 8) that a slowdown...
Gold, precious metals rise as softer US jobs data boost Fed rate cut bets
[ad_1] [BENGALURU] Gold and other precious metals rose on Thursday (Jan 8) after US private payroll data showed job openings fell to a 14-month low in November, reinforcing bets for...
Asia bankers fear US scrutiny of loans involving chips, China
[ad_1] The backlash against US capital flowing into an AI ecosystem linked to Chinese firms can be swiftSOME bankers in Asia are starting to worry about financing deals that would...
Australia’s goods trade surplus shrinks to A$2.9 billion in November
[ad_1] [SYDNEY] Australia’s surplus on goods trade narrowed sharply in November as shipments of iron ore fell back, data showed on Thursday, while imports were a fraction firmer.The Australian Bureau...
China metals in grip of frenzy as investors bet on global rally
[ad_1] Open interest has surged to a record across the six base metals traded in ShanghaiCHINA’S metal markets are in the grip of a speculative frenzy, with traders and deep-pocketed...
OUE Reit in ‘exclusive talks’ for partial stake in Salesforce Tower in Sydney
[ad_1] There is no certainty that any transaction will materialise at this juncture, says manager[SINGAPORE] OUE Real Estate Investment Trust (OUE Reit) is in “exclusive talks” with Mitsubishi Estate Asia...
CLI fund buys 5-hectare Jurong site to build S$260 million automated logistics facility
[ad_1] 71,000 sq m facility set for completion in 2028; CLI also takes minority stake in smart logistics firm Ally Logistic Property[SINGAPORE] CapitaLand Investment Limited (CLI) on Thursday (Jan 8)...
Former mm2 Asia subsidiary Vividthree dives 17% on news of payment demand from UOB
[ad_1] [SINGAPORE] Former mm2 Asia subsidiary Vividthree on Wednesday (Jan 7) announced that it received a letter of demand from UOB for nearly S$1.2 million. Minutes into the opening bell,...
China asks tech firms to halt orders for Nvidia’s H200 chips: report
[ad_1] [BENGALURU] Beijing has asked some Chinese tech companies to halt orders for Nvidia’s H200 chips this week, and is expected to mandate domestic artificial intelligence (AI) chip purchases, the...