The initial public offering in December 2020 raised more than HKD 1.4 billion for Vesync. The firm is in a net cash position as at the end of 2023. It has an asset-light business model with low ...

The diversified miner said Wednesday that it sold 17.5 million shares of Anglo American Platinum, or about 6.6% of its issued share capital, at 548 rand each. The price is an 8.6% discount to Anglo ...

GSK's liquid meningitis vaccine, Menveo, received approval from the European Commission to be sold in the European Union. The British pharmaceutical company said Wednesday that the fully liquid ...

Yum China is well-positioned to gain share in the fragmented USD 700 billion Chinese restaurant market. Despite the current headwinds, we remain confident in the long-term growth of the quick-service ...

Our overall thesis on Dell includes consistent sales growth within the AI-optimized server market, a return to better growth with the storage market, and product cycle driven growth in PCs in fiscal ...

Banco Bilbao Vizcaya Argentaria said European Union competition authorities didn't raise any objections to its $12 billion-plus bid for smaller Spanish peer Banco de Sabadell after concluding a review ...

--SoftBank invested about $500 million in OpenAI through its Vision Fund 2 when the startup behind ChatGPT raised $6.6 billion in a recent round of new funding. --News Corp, owner of The Wall Street ...

Attention today is on a slew of scheduled U.S. data releases, including the PCE price index and jobless claims. Trump rounded out his economic team Tuesday, selecting longtime adviser Kevin Hassett to ...

Crude futures settled slightly lower on Tuesday as a cease-fire deal between Israel and Iran-backed Hezbollah eased concerns about risks to supplies in the oil-rich Middle East. Trump's oil-drilling ...

SINGAPORE--Singapore's businesses, households and financial institutions are in good shape to withstand potential shocks, but need to be prepared for volatility as they face an increasingly uncertain ...

QBE Insurance is in sound financial health. After a multidecade strategy of growth by acquisition, a much-needed period of consolidation has included the exit from Latin America, North American ...

Elsewhere however, the merger of 50% owned Hutchison Vodafone Australia with TPG created TPG Telecom, which we rate as narrow moat based on cost advantages from the scale of its infrastructure network ...