Plans
CNMC plans to appeal against additional tax assessment of RM29.6 million imposed on Malaysian unit
The notices were raised in relation to the disallowance of management fee expenses paid by the subsidiary to the gold-mining company[SINGAPORE] A Malaysian unit of CNMC Goldmine has been...
UBS plans January job cuts to kick off final year of integration
[ZURICH] UBS Group is set to begin its latest wave of job cuts in mid-January, according to people familiar with the matter. That step will be followed by another...
Spacex sets US$800 billion valuation, confirms 2026 IPO plans
The Musk-led company is targeting a valuation of about US$1.5 trillion for the entire company[TEXAS] SpaceX has authorised an insider share sale that values Elon Musk’s rocket and satellite...
As Elon Musk plans a robot army, China’s humanoid bots are already on the market
As Elon Musk touted plans to eventually manufacture an army of Tesla bots in Silicon Valley this month, humanoid robots were already being produced and sold to consumers in...
Samsung plans US$310 billion investment to power AI expansion
Five-year investment package includes plans to build a new semiconductor facility designed to meet the needs of memory-chip demands[SEOUL] South Korean conglomerate Samsung unveiled on Sunday (Nov 16) a...
Google plans US$40 billion Texas data center investment amid AI boom
ALPHABET’S Google said on Friday (Nov 14) it would invest US$40 billion in three new data centers in Texas, as part of its push to expand capacity for artificial...
Emirates NBD plans to invest US$3 billion in India’s RBL Bank
[MUMBAI] Emirates NBD bank will invest as much as US$3.1 billion in India’s RBL Bank in the biggest foreign investments in the country’s financial sector and underscoring growing overseas...
Chinese tech giants pause stablecoin plans after Beijing steps in
The government raised concerns about the rise of currencies controlled by the private sector, says the Financial TimesCHINESE tech giants, including Alibaba-backed Ant Group and e-commerce group JD.com, have...
