World Business News
Taiwan’s Gogoro teams up with Ayala, Globe unit to tap PH market
Taiwanese electric vehicle firm Gogoro has teamed up with Globe Telecom's 917Ventures and conglomerate Ayala Corporation to bring its smart scooter and battery-swapping technology in [more]
Temasek unit picks up stake in Zomato after Alibaba pares holding
Temasek Holdings has bought a 1.14% stake in India's Zomato, a day after Alipay Singapore Holding Pte offloaded 3.07% of its shares in the food [more]
Great Wall Motor’s hydrogen fuel cell arm raises nearly $79m in Series B round
FTXT Energy Technology, a Chinese developer of hydrogen fuel cell technology, has closed 555 million yuan ($78.6 million) in a Series B round of financing [more]
China Digest: PhiGent Robotics snaps funds; Swiss crypto bank SEBA opens HK office; HK-listed Brainhole Tech plans to buy $3m crypto
Beijing-based autonomous driving solutions provider PhiGent Robotics notches funds, while Swiss crypto bank SEBA Bank opens an office in Hong Kong. Also, Hong Kong-listed Brainhole [more]
Council Post: Planning An Estate: How A True Wealth Financial Binder Can Help
Letitia Berbaum AIF is COO & Partner at The Zandbergen Group, specializing in wealth management for families, widowers, and entrepreneurs. Recently, I've found myself and [more]
US bans new Huawei, ZTE telecom equipment, citing national security risk
The Biden administration has banned approvals of new telecommunications equipment from China's Huawei Technologies and ZTE because they pose "an unacceptable risk" to US national [more]
Why A Housing Bust Will Not Generate A Severe Recession
The latest Wall Street Journal survey of economists shows that nearly two thirds of the participants foresee a U.S. recession in 2023. This indicates they [more]
Asia Digest: GoPizza secures $45m; Australian startups Vald and Morse Micro raise funding
South Korea-based pizza startup GoPizza closed its Series C funding round at $45 million, while Australian sports tech company Vald and semiconductor maker Morse Micro [more]
A Different Take On Sustainable Apparel: Q&A With Rudy Glocker, CEO Of Burgeon Outdoor
Rudy Glocker is the CEO of Burgeon Outdoor, an outdoor apparel company established in 2019. Before starting Burgeon Outdoor, he was an executive at several [more]
Is Walgreens Stock A Better Pick Over This Giant Retailer?
We believe Walgreens stock (NASDAQNDAQ : WBA) is currently a better pick than Walmart stock(NYSE: WMT), given its better prospects. Although WalgreensWBA is trading at [more]
Tyler Perry Secures 4-Picture Streaming Deal With Amazon Studios
Atlanta media mogul Tyler Perry is taking his talents over to Amazon Studios with its more than 240 countries and territories worldwide where Prime Video [more]
Council Post: Planning Ahead: Three Key Wealth Strategies For High Net Worth Individuals In 2023
Travis Forman, CEO and Founder of Strategic Private Wealth Counsel. The holidays are a great time to celebrate with loved ones and to get serious [more]
The Pros And Cons Of Artificial Intelligence
Key Takeaways Artificial intelligence (AI) is hitting the mainstream, though the first form of AI was invented in England, way back in 1951. Nowadays AI [more]
Council Post: Gratitude: Good For The Soul, Good For Your Wallet
Andres Garcia-Amaya is the CEO & Founder of Zoe Financial, a wealth platform that accelerates wealth creation. A truth about money: Being grateful can grow [more]
Sunac China received 12 billion yuan in loans as state steps up support
BEIJING : A project of struggling property developer Sunac China received over 12 billion yuan ($1.69 billion) in loans from Chinese banks, asset management and [more]
Council Post: How Lenders Think About Credit Risk And What Borrowers Can Do To Benefit
Rocky Gor is the founder and CEO of CAPX, a digital platform that instantly connects middle-market borrowers with bank and non-bank lenders. As a young [more]
Gaw Capital completes $540m acquisition of Blackstone’s Japan logistics portfolio
Gaw Capital Partners, a Hong Kong-based private equity real estate fund management firm, has completed a $540-million acquisition of seven fully-leased warehouses in Japan from [more]
US to issue tariff decision on solar panels from Southeast Asia
US trade officials on Thursday (Dec 1) are expected to issue a preliminary decision on whether to impose tariffs on solar panels from four Southeast [more]
This trader sees a 43% drop for the S&P 500 and says to take shelter in these ETFs instead.
A day after the Dow DJIA, +2.18% climbed out of bear territory on hopeful comments by Fed Chairman Jerome Powell, stock futures indicate a rethink [more]
