Firms

UK firms’ wage growth expectations fall sharply, BOE survey shows
UK firms’ wage growth expectations fall sharply, BOE survey shows
British businesses’ expectations for wage growth over the coming year fell sharply last month, according to a Bank of England (BOE) survey, which may ease policymakers’ worries that it...
China AI chip firms downgrading designs to secure TSMC production: sources
China AI chip firms downgrading designs to secure TSMC production: sources
SOME Chinese AI chip companies are now designing less powerful processors to retain access to Taiwan Semiconductor Manufacturing Company (TSMC) production in the face of US sanctions, four sources...
China AI chip firms downgrading designs to secure TSMC production: sources
China AI chip firms downgrading designs to secure TSMC production: sources
SOME Chinese AI chip companies are now designing less powerful processors to retain access to Taiwan Semiconductor Manufacturing Company (TSMC) production in the face of US sanctions, four sources...
FTX seeks to stop outside litigation against insiders, VC firms
FTX seeks to stop outside litigation against insiders, VC firms
FTX on Tuesday (Jun 4) asked a US judge to stop outside litigation against company insiders and venture capital (VC) firms accused of playing a role in the bankrupt...
Rebound in Chinese stocks sparks rush of firms to raise funds
Rebound in Chinese stocks sparks rush of firms to raise funds
CHINESE companies are rushing to take advantage of a recent equities rebound to raise funds, using what may be a narrow window before the market falters again. Mining company...
US bank profits jump 79.5% as large firms shake off failed bank costs
US bank profits jump 79.5% as large firms shake off failed bank costs
PROFITS for the US banking sector surged 79.5 per cent to US$64.2 billion in the first quarter of 2024, boosted primarily by large banks not shouldering billions in special...
GIC ‘excited’ by Japan, seeks to engage more with firms
GIC ‘excited’ by Japan, seeks to engage more with firms
GIC sees more opportunities to engage with Japanese companies to help them boost returns following a raft of governance reforms in the nation. The Singaporean sovereign wealth fund is...
Chinese firms once embraced, now shunned in US on security fears
Chinese firms once embraced, now shunned in US on security fears
FOR most of his 30 years running a Chinese-owned company in the United States, Ni Pin felt welcomed.He set up auto parts maker Wanxiang America – a unit of...
Chinese firms once embraced, now shunned in US on security fears
From ‘panda’ to ‘skunk’: China firms now shunned in US
FOR most of his 30 years running a Chinese-owned company in the United States, Ni Pin felt welcomed.He set up auto parts maker Wanxiang America – a unit of...
China financial firms are unusually cash-rich as savers pile in
China financial firms are unusually cash-rich as savers pile in
CASH is so abundant in China’s financial markets that even traditionally liquidity-starved firms are swimming with money.Non-bank institutions like asset managers are sailing through the last few days of...