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Posted on February 5, 2025

Japan’s SKY Perfect JSAT to invest $230 mln in observation satellites

Japan's SKY Perfect JSAT will invest about $230 million to build a constellation of low-Earth orbit satellites using U.S. company Planet Labs' Pelican satellite, the company said on Wednesday.

Posted on February 5, 2025

Japan’s Marubeni targets over $4 bln net profit in FY 2027/28

Japanese trading house Marubeni said on Wednesday it is aiming for a net profit of more than 620 billion yen ($4 billion) in fiscal year 2027/2028, with shareholder returns of 40% which should allow ...

Posted on February 5, 2025

Pakistan Exports Uncompetitive After Gas Price Hike: Report

Pakistan's gas price hike for industries has made exports uncompetitive, jeopardizing the USD 60 billion export target and threatening investment in manufacturing. The move, though meeting IMF ...

Posted on February 5, 2025

Indonesia’s GDP Growth Slows to 5.03%, Missing 2024 Target

The World Bank, in its Indonesia Economic Prospects report released in October 2024, forecasted Indonesia’s GDP growth to average 5.1 percent annually between 2024 and 2026, despite challenges such as ...

Posted on February 5, 2025

AstraZeneca shareholders say they need clarity on China investigations

AstraZeneca investors will look past another strong set of quarterly results on Thursday to focus on the main issue overhanging shares: an investigation of a top executive by authorities in China, one of its key markets.

Posted on February 5, 2025

Breinrock and the Sustainable Revolution in Financial Technology

At the forefront of this revolution is Breinrock, a rising star in the financial technology landscape, recognised for its pioneering approach to cross-border payments. As highlighted in the World ...

Posted on February 5, 2025

Breinrock and the Sustainable Revolution in Financial Technology

At the forefront of this revolution is Breinrock, a rising star in the financial technology landscape, recognised for its pioneering approach to cross-border payments. As highlighted in the World ...

Posted on February 5, 2025

Macau gaming revenue falls 5.6% to $2.27 billion in January on seasonal factors

Macau’s casino industry recorded a second consecutive month of year-on-year declines in January, with gross gaming revenue (GGR) falling 5.6% to MOP 18.25 billion ($2.27 billion), as seasonal factors ...

Posted on February 5, 2025

Hong Kong’s 8 public universities amass nearly HK$140 billion in reserves

Finance chief Paul Chan earlier called on institutions to make better use of funds and expand their sources of income The financial reserves of Hong Kong's eight public universities rose to nearly ...

Posted on February 5, 2025

Hong Kong’s 8 public universities amass nearly HK$140 billion in reserves

Finance chief Paul Chan earlier called on institutions to make better use of funds and expand their sources of income The financial reserves of Hong Kong's eight public universities rose to nearly ...

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