Philippines eyes easing IPO float rules to lure firms like GCash
Companies will be required to keep certain minimum public float levels after listing The Philippines’ securities regulator plans to relax free float requirements for initial public…
Section
Culture
China’s risky shadow banks back in spotlight after Xi’s debt crackdown
Bridging the funding gap has become more urgent as bond issuance by the special financial vehicles has fallen to its lowest level since 2020 China’s crackdown on borrowing by local…
Judge blocks Trump firings at State Department, says spending bill prohibits cuts right now
A federal judge put a stop to the State Department's plans to fire some employees, ruling late Thursday that the new stopgap spending law passed by Congress to end the shutdown last month…
VinFast to invest US$500 million in India to expand manufacturing
The company plans to increase production to 150,000 annually within a year and double it in the next three years VinFast Auto, Vietnam’s largest carmaker, plans to invest US$500 million in…
Liu Chang: The reluctant heiress who saved her father’s agriculture empire
The “young” Liu has already been with New Hope Group, founded by her father Liu Yonghao, for 23 years. “I’M NOT like the heroes of the founding generation, I don’t have a story, I am the…
The reluctant heiress who saved her father’s agriculture empire
Amid mounting losses, Liu Chang instilled a “wartime culture”. “I’M NOT like the heroes of the founding generation, I don’t have a story, I am the result of a process.” Liu Chang, chair of…
Watch the Highlights From WIRED’s Big Interview Event Right Here
WIRED’s Big Interview series prides itself on being the place for engaging conversations with political leaders, creators, executives, and scientists moving the world forward. In 2024, we…
Immigration officers arrest Harvard professor who fired BB gun outside synagogue
Homeland Security said Thursday it had made an immigration arrest of a Harvard Law School professor who fired a BB gun outside a synagogue the day before Yom Kippur. Source link
It’s Time to Save Silicon Valley From Itself
Alex Komoroske has always been at odds with Big Tech’s darker side. Though he cut his product-management teeth at Google and Stripe, he was never comfortable with the industry’s increasing…
Capella, Micron, DHL, ST Telemedia: Almost one-third of firms on regional list of top employers have Singapore presence
The markets are Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, the Philippines, Singapore, Thailand and Vietnam Almost one-third, or 32, companies on a list of the top 100 employers…
Stocks to watch: CapitaLand Ascott Trust, Sheng Siong, Sunpower, Wee Hur, Nordic
The following companies saw new developments that may affect trading of their securities on Friday (Dec 5): CapitaLand Ascott Trust (Clas), Sheng Siong Group: The hospitality player and…
Circle’s Jeremy Allaire: We’re Building an ‘Economic OS’ for the AI Era
The global economy is about to undergo a major shift—and it’s going to be centered around cryptocurrency, according to Jeremy Allaire, cofounder and CEO of Circle, a software company that…
How the Macy’s CEO sees retail in a world of tarriffs and shifting consumer habits (and how he gets ready for the parade)
It’s been a tumultuous year for the legacy retailer, shaped by new tariffs, shifting consumer habits, and the constant flip between “wartime” and “peacetime” leadership. Macy’s Inc.…
Grand jury rejects new mortgage fraud indictment against New York Attorney General Letitia James
The Justice Department failed Thursday to secure a new indictment against New York Attorney General Letitia James after a judge dismissed the previous mortgage fraud prosecution encouraged…
Trump Pumps Up the Gas
The administration is right to abandon Joe Biden’s electric-vehicle mandate. Source link
Bank of America expands crypto access for wealth management clients
As US President Donald Trump continues to push regulatory relief for the asset class, crypto has been benefiting from widespread institutional adoption Bank of America will begin allowing…
Supreme Court restores Texas' GOP-friendly congressional map
The Supreme Court said Thursday that Texas can go back to using its new, Republican-friendly congressional map for the 2026 midterm elections, putting on hold a lower court ruling that had…
India’s regulator withdraws pilot rest policy after IndiGo chaos
India’s aviation watchdog has rolled back its new policy of weekly rest for pilots, reports said on Friday (Dec 5), after chaos caused by hundreds of flight cancellations by the country’s…
Exclusive: 20 years in, this OG YouTube channel is opening a new studio to support its growth
Twenty years ago, not too long after Youtube itself launched, Ian Hecox and Anthony Padilla started uploading videos to the platform. What started as two teenagers trying to make each…
Missouri court orders new wording for ballot measure seeking to restrict abortion rights
A Missouri appeals court panel ordered new wording Thursday for a ballot measure seeking to roll back abortion rights in the state, ruling that voters must be told the amendment would…
Florida starts redistricting talks in a growing battle for House control in 2026 elections
Florida's Republican-controlled House officially kicked off the first meeting of its select committee on congressional redistricting Thursday, as the state becomes the latest to consider…
Trump endorses Trever Nehls, identical twin of retiring Rep. Troy Nehls, for Texas seat
President Trump endorsed Trever Nehls, the identical twin of retiring Rep. Troy Nehls, for the Texas House seat his brother has held. Source link
Speaker Johnson pleads with Republicans to keep concerns private after tumultuous week
House Speaker Mike Johnson is imploring his fellow Republicans to stop venting their frustrations in public and bring their complaints to him directly. Source link
Oil settles up on expectations of Fed rate cut, Ukraine peace talks stalling
US crude futures briefly rose more than US$1 a barrel earlier in the session as global shares rose Oil prices settled up on Thursday (Dec 4) on investors’ expectations for the Federal…