Gao Shanwen Dies at 55, Outspoken Economist Who Challenged China’s GDP Figures Gao Shanwen, a prominent Chinese economist known for questioning official GDP data, has died at 55 after a …
Sato Asahi
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Business
Momenta IPO raises $750m in Hong Kong as investors voice caution
by Sato Asahiby Sato AsahiMomenta IPO Raises $750 Million in Hong Kong Debut as Shares End Flat Momenta IPO drew mixed investor reactions after the Beijing-based autonomous driving startup raised $750 million in its …
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Itochu and Daikin launch aluminum recycling venture to cut Middle East dependence
by Sato Asahiby Sato AsahiItochu and Daikin to Launch Aluminum Recycling Venture to Reduce Japan’s Middle East Dependence Itochu and Daikin will recover aluminum from used commercial air conditioners in a new recycling venture, …
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Samsung, SK Hynix propose South Korea chip hub as AI demand surges
by Sato Asahiby Sato AsahiSouth Korea chip production hub plan unites Samsung and SK Hynix amid market caution South Korea aims to build a new chip production hub to anchor Samsung and SK Hynix …
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Temasek reveals plan to boost AI investments 2.5-fold, targets data centers and semiconductors
by Sato Asahiby Sato AsahiTemasek to Increase Artificial Intelligence Investments 2.5-Fold, Targeting Data Centers and Chips Temasek to raise artificial intelligence exposure by roughly 2.5 times over five years, focusing on data centers and …
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Foundation Healthcare lists on Singapore Exchange and reaches $780m market cap
by Sato Asahiby Sato AsahiFoundation Healthcare IPO values Singapore hospital group at $780 million Foundation Healthcare IPO: Singapore-based hospital operator lists on SGX with $780m market capitalization three years after founding. SINGAPORE — Foundation …
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IMF Downgrades Cambodia Economic Outlook: Growth to Slow to 3% as Inflation Climbs to 5.6% IMF warns Cambodia economic outlook will weaken as energy costs, border tensions and cybercrime weigh …
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Business
Tashkent airport breaks ground with Japan, South Korea and Saudi investors
by Sato Asahiby Sato AsahiJapan, South Korea and Saudi Investors Break Ground on New Tashkent Airport Japan, South Korea and Saudi partners break ground on the new Tashkent airport as Uzbekistan pushes to liberalize …
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Business
Taiwan’s CSBC says first homegrown submarine nearly ready, urges legislature to back drones
by Sato Asahiby Sato AsahiCSBC: First Homegrown Submarine Nears Completion as Chairman Urges Funding for Maritime Drones CSBC says Taiwan’s first homegrown submarine is nearing completion and calls on the legislature to approve funding …
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Business
Momenta IPO Raises $750m, Lists in Hong Kong Amid Profitability Concerns
by Sato Asahiby Sato AsahiMomenta IPO Opens in Hong Kong, Raises Over $750 Million as Shares Tick Up on Debut Momenta IPO in Hong Kong raised over $750 million; shares opened nearly 2% higher …