Fashion
KKR Asia credit fund draws 75% new investors as decoupling rises
The optimism around Asian private credit runs counter to a broader global pullback[HONG KONG] KKR raised three-quarters of its US$2.5 billion Asia private credit fund from new investors, as...
China brokers rebuild ranks, raise pay on dealmaking return
CHINA’S biggest securities firms are back on the offensive after taking a battering over the past few years.Investment banking divisions of major brokerages, including Citic Securities, Huatai Securities and...
Meta begins job cuts as it shifts from metaverse to AI devices
Reality Labs houses the company’s hardware and other futuristic product efforts[SAN FRANCISCO] Meta Platforms is beginning to cut more than 1,000 jobs from the company’s Reality Labs division, part...
TSMC likely to post fourth-quarter profit leap driven by AI boom
[TAIPEI] TSMC, the world’s largest manufacturer of advanced artificial intelligence chips, is expected to post a 28 per cent jump in fourth-quarter net profit to a record high on...
US stocks: Wall Street indexes end lower, led by drop in tech and bank shares
US STOCKS fell on Wednesday, led by a drop in the Nasdaq with technology shares declining as investors moved into more defensive areas, while bank stocks extended recent losses following some mixed...
Why is Meta laying off workers again?
Social media giant Meta said it’s cutting more than 1,000 workers and closing several content studios as it focuses its efforts on artificial intelligence-powered wearables such as smart glasses....
Iran Issues Chilling Assassination Threat to Trump Amid Mounting Tension as State TV Plays Footage of Assassination Attempt
Iran, which is witnessing widespread protests calling for the end of the Ayatollah Khamenei's regime, sharply escalated its rhetoric toward the United States on Tuesday, issuing what many viewed...
Who Is Erfan Soltani? 28-Yr-Old Protester Awaits Death as Iran’s Chief Justice Issues Chilling Execution Orders Against Anti-Government Demonstrators
Iran's chief justice signaled that authorities intend to move quickly to put detained protesters on trial and carry out executions amid the deadly anti-government demonstrations sweeping the country. The...
Jonathan Ross: ICE Agent Who Shot and Killed Renee Nicole Good Suffered Internal Bleeding During Encounter as His Condition Remains Unclear
The Immigration and Customs Enforcement (ICE) officer who shot and killed Renee Nicole Good suffered internal bleeding after the incident. Jonathan Ross, the ICE agent who fired three shots...
Alibaba and JPMorgan are said to invest in chip designer Montage’s HK listing
[HONG KONG] Chinese chip designer Montage Technology is set to enlist Alibaba Group Holding and JPMorgan Asset Management among the key investors in its upcoming Hong Kong listing, according...
