Launches
Chinese tea chain Chagee launches US IPO defying stock slump
[NEW YORK] Chagee Holdings, a Chinese bubble tea chain, is seeking to raise US$411 million in an initial public offering (IPO) in the US, despite spiking stock volatility from...
Google launches new Ironwood chip to speed AI applications
The new chip brings functions from earlier split designs together and increases the available memory, which makes it better suited for serving AI applications[SAN FRANCISCO] Alphabet’s on Wednesday (Apr...
IBM launches new mainframe in bet that some data stays local
The intense computational requirements of generative AI have increased demand for many kinds of tech hardware[NEW YORK] International Business Machines (IBM) unveiled its latest mainframe system, saying that a...
Frasers Centrepoint Trust launches preferential offering at S$2.05 apiece
[SINGAPORE] The manager of Frasers Centrepoint Trust on Tuesday (Apr 8) announced the launch of a preferential offering at S$2.05 per unit.The issue price represents a 7.4 per cent...
Pete Hegseth: Pentagon Watchdog Launches Investigation into Defense Secretary’s Involvement in Signal War Plan Leak
The Pentagon's inspector general announced on Thursday that it has launched an investigation into Defense Secretary Pete Hegseth's involvement in Signalgate. Hegseth shared detailed attack plans in a Signal...
Apple launches ‘age assurance’ tech as US states mull social media laws
APPLE on Thursday (Feb 27) said it will introduce a way for parents to share the age of a child with app developers without revealing sensitive information such as...
Indonesia, home to giant gold mine, launches bullion banking
INDONESIA has launched its first bullion banks in a bid to draw tonnes of privately held gold into the financial system of South-east Asia’s largest economy.
The region’s largest gold...
Indonesia launches sovereign wealth fund aiming to hold US$900 billion in assets
A SWEEPING overhaul of how Indonesia runs its powerful state companies will create a multibillion-dollar investment vehicle that could give President Prabowo Subianto a major cache of funds to...
Indonesia launches Danantara investment fund, channelling US$20 billion into 20 strategic projects
[JAKARTA] Indonesia officially launched the Danantara investment fund on Monday (Feb 24), a high-stakes, multi-billion-dollar initiative designed to consolidate the country’s state-owned enterprises (SOEs), while serving as a powerful...
Indonesia launches Danantara investment fund, channels US$20 billion into 20 strategic projects
[JAKARTA] Indonesia launched the Danantara investment fund on Monday (Feb 24), a high-stakes, multi-billion-dollar initiative designed to consolidate the country’s state-owned enterprises (SOEs), while catalysing investment and fuelling the...