Firms
Canada orders dissolution of two firms, citing national security concerns
Canada ordered on Friday (May 24) the dissolution of two technology companies’ businesses in the country, citing national security concerns.The companies, Bluvec Technologies and Pegauni Technology, were given the...
China’s securities firms rein in pay packets as pressures mount
ALTHOUGH Chinese securities firms’ pay packets are still among the highest in the country, they are now in the shadow of an industry-wide pay cut, under pressure from the...
Apple supplier Foxconn among firms asked to cut power use in Vietnam: sources
VIETNAMESE officials have called on Apple supplier Foxconn to voluntarily reduce power use by 30 per cent at its assembly plants in the north of the country where there...
Apple supplier Foxconn among firms asked to cut power use in Vietnam: sources
VIETNAMESE officials have called on Apple supplier Foxconn to voluntarily reduce power use by 30 per cent at its assembly plants in the north of the country where there...
Chinese firms make headway in producing high bandwidth memory for AI chipsets
TWO Chinese chipmakers are in the early stages of producing high bandwidth memory (HBM) semiconductors used in artificial intelligence (AI) chipsets, according to sources and documents.The progress in HBM...
Why Chinese PE and VC firms are chasing Middle East money
CHINESE venture capital (VC) and private equity (PE) firms are targeting deep-pocketed Middle Eastern investors, as funding from their traditional backers dwindles amid growing geopolitical tensions and shrinking opportunities...
A$90 billion Australia pension reviews investments as Israel-linked firms face pressure
CBUS, one of Australia’s largest pension funds, is reviewing its investment policy following pressure from a major union to divest shares in companies that supply weapons and defence technology...
US junk-rated firms refinanced US$270 billion debt in 2024, JPMorgan says
US HIGH-YIELD rated corporate debt borrowers have refinanced almost US$270 billion in bonds and loans this year and are on pace to beat 2023’s US$334 billion, according to a...
