SK Hynix, the world’s third-largest memory chipmaker, announced on Tuesday it planned to raise $29 billion on the Nasdaq, marking the South Korean giant’s U.S. trading debut in what could be one of …
Iran, Oman will start large-scale evacuation of ships through Strait of Hormuz, says IMO
Iran and Oman will start coordinating a large-scale evacuation of stranded vessels through the Strait of Hormuz, in cooperation with the US and nearby coastal states, the International Maritime …
Thai central bank keeps key interest rate unchanged, as expected
Thailand’s central bank kept its key interest rate unchanged for a second straight meeting on Wednesday, as it lifted its growth forecasts and said inflation would fall next year as supply-side …
OCBC boosts hiring for Indonesia wealth business as assets rise
OCBC plans to double the number of wealth advisers in Indonesia, part of a broader expansion after the Singapore lender agreed to buy HSBC Holdings’ assets in the country. Read more at The Business …
Nike Could Be Shaking Up Its China Business: Here’s How
Nike Inc.’s China business is in need of a shake-up — and the sportswear firm might have just figured out how to do it. December’s second-quarter earnings report saw declines in Greater China and the …
Trade pact signed with Cambodia
ISLAMABAD: Pakistan and Cambodia on Wednesday signed an agreement between their trade promotion organisations (TPOs) at the conclusion of the second meeting of the Joint Trade Committee (JTC). The …
eCloudvalley Partners up with The Royal Group to Accelerate Digital Transformation in Cambodia
SINGAPORE–(BUSINESS WIRE)–eCloudvalley Digital Technology, a leading provider of digital transformation in Asia, has announced the establishment of a joint venture in Cambodia with The Royal Group.
Gas Malaysia Advances Strategic LNG Infrastructure in Northern Peninsular With Tokyo Gas and Vtti
The project marks a significant step in strengthening Malaysia’s long-term energy resilience by introducing a new LNG entry point in the northern region of Peninsular Malaysia. RGT Yan is expected to …
Swedish firms plan to boost Philippines investment
Swedish companies in the Philippines plan to increase their investments over the next 12 months despite growing caution over regulatory hurdles and …
MC EXCLUSIVE How WhatsApp’s billion-dollar India business influenced Meta’s bet on Kunal Shah
A prolific angel investor known for conducting deals over WhatsApp, Shah has spent the past 15 years building products across digital payments, credit cards and lending-areas that increasingly overlap …