Technology

Sanofi to buy Vicebio for up to US.6 billion in vaccine push
Sanofi to buy Vicebio for up to US$1.6 billion in vaccine push
July 22, 2025
The French drugmaker will pay US$1.15 billion upfront with a commitment for potential milestones worth as much as US$450 millionPublished Tue, Jul 22, 2025 · 03:40 PM[PARIS] Sanofi agreed...
HSBC Global Private Banking appoints new senior leadership across S-E Asia, Australia markets
HSBC Global Private Banking appoints new senior leadership across S-E Asia, Australia markets
July 22, 2025
[SINGAPORE] HSBC Global Private Banking announced on Tuesday (Jul 22) a series of senior appointments to deepen its coverage across South-east Asia, Australia, and international markets.These include Joanne Ng,...
Indonesia plans US billion refineries contract with US firm amid tariffs deal: sources
Indonesia plans US$8 billion refineries contract with US firm amid tariffs deal: sources
July 22, 2025
[JAKARTA] Indonesian sovereign wealth fund Danantara plans to sign a US$8 billion engineering, procurement and construction contract with US engineering firm KBR to build 17 modular refineries, according to...
Link Reit CEO George Hongchoy retires after 16 years at company
Link Reit CEO George Hongchoy retires after 16 years at company
July 22, 2025
[SINGAPORE] The group CEO of Link Asset Management Limited, George Hongchoy, plans to step down before the end of June 2026.Hongchoy has held the CEO position for 16 years...
Google and OpenAI’s AI models win milestone gold at global math competition
Google and OpenAI’s AI models win milestone gold at global math competition
July 22, 2025
[SAN FRANCISCO] Alphabet’s Google and OpenAI said their artificial intelligence (AI) models won gold medals at a global mathematics competition, signalling a breakthrough in math capabilities in the race...
China’s Cosco eyes veto rights in deal for Li Ka-shing’s ports
China’s Cosco eyes veto rights in deal for Li Ka-shing’s ports
July 22, 2025
[HONG KONG] China’s biggest shipping company is set to join the global consortium that’s acquiring Hong Kong tycoon Li Ka-shing’s overseas ports, and is requesting a powerful role in...
Asia: Stocks mixed with trade and earnings in focus; Tokyo reopens with gains
Asia: Stocks mixed with trade and earnings in focus; Tokyo reopens with gains
July 22, 2025
[HONG KONG] Asian markets were mixed on Thursday as traders kept an eye on earnings from Wall Street titans this week while tracking US trade talks just over a...
China’s overcapacity drive faces stubborn oil-refiner revival
China’s overcapacity drive faces stubborn oil-refiner revival
July 22, 2025
[BEIJING] China’s oil refining sector is once again showing its knack for survival just as Beijing seeks to tackle industrial overcapacity.Of three small refiners in Shandong province that went...
UOBKH initiates coverage on Lum Chang Creations with ‘buy’ call on strong growth outlook
UOBKH initiates coverage on Lum Chang Creations with ‘buy’ call on strong growth outlook
July 22, 2025
[SINGAPORE] UOB Kay Hian (UOBKH) has initiated coverage on Lum Chang Creations (LCC), assigning the interior fit-out business a “buy” call and a S$0.39 price target on Monday (Jul...
US Treasury’s Bessent calls for review of Fed non-monetary policy operations
US Treasury’s Bessent calls for review of Fed non-monetary policy operations
July 22, 2025
[WASHINGTON] US Treasury Secretary Scott Bessent said the Federal Reserve’s vital independence on monetary policy is threatened by its “mandate creep” into non-policy areas and he called on the...