Leadership
Nvidia supplier Ibiden weighs faster expansion to meet AI demand
IBIDEN, the dominant supplier of chip package substrates used in Nvidia’s cutting-edge semiconductors, may need to dial up the pace of production capacity increases to keep up with demand,...
Biggest danger in Trump era is risk of US economy overheating
The president-elect and his supporters seem determined to shake things up, but this could mean market volatility MOST Wall Street strategists anticipate the 2024 rally gaining stronger momentum in...
Yen gains as some BOJ policymakers see rate hike soon
THE Japanese yen rose off a five-month low against the dollar on Friday (Dec 27) after a summary of opinions from the Bank of Japan’s (BOJ) December policy meeting...
Hong Kong IPO market stages comeback after dismal 2023
INVESTORS in the Hong Kong initial public offering (IPO) of Chinese cosmetics firm Mao Geping Cosmetics received an early Christmas present on Dec 10 when the company made its...
OCBC sells stake in Hong Kong Life Insurance for HK$589.3 million
The sale is not expected to have an impact on the group’s net tangle assets or earnings per shareOCBC has agreed to sell its entire stake in Hong Kong...
Tokenisation has become Wall Street’s latest favourite crypto buzzword
BITCOIN’S record-breaking rally is rekindling hope that the digital-ledger technology that underpins cryptocurrencies will revolutionise everything from recording the ownership of houses to bonds.Tokenisation, or the process of creating...
China to cut import tariffs on some recycled copper and aluminium raw materials
CHINA will reduce import tariffs on ethane and certain recycled copper and aluminium raw materials from next year, the government said on Saturday (Dec 28).The Ministry of Finance announced...
Chicago loses another financial firm as Peak6 moves HQ to Austin
PEAK6 Investments will transfer its global headquarters to Austin from Chicago, making it the latest finance firm to dial back its operations in the Midwestern city.The company, with a...
