Culture

Nanofilm Technologies reappoints founder as CEO
Current CEO will remain until Jun 13, 2025, to ensure a smooth transition of duties and responsibilitiesNANOTECHNOLOGY solutions provider Nanofilm Technologies has appointed its founder Shi Xu to be...

Malaysia says Facebook, X, TikTok must get licences, NST reports
The move is meant to combat rising cases of cybercrime, including online fraud and gambling, as well as cyberbullying and sexual crimes against childrenMALAYSIA has identified eight social media...

Trump threatens tariffs if EU doesn’t buy more US oil and gas
PRESIDENT-elect Donald Trump warned the European Union that its exports will get hit with US tariffs if its member states don’t buy more American oil and gas.
“I told...

China’s hottest stock, Pop Mart, rockets 370% on craze for collectibles
IN A Vanity Fair video last month, Lisa, a member of mega K-pop band Blackpink, shared her obsession with toys from Chinese company Pop Mart International Group. “I go...

China’s overseas investment adds to cash exodus weighing on renminbi
CHINESE firms from carmakers to miners are ramping up their overseas spending, adding to pressure on the renminbi amid an accompanying exodus of foreign capital.
Chinese non-financial companies invested almost...

Intel shortlists suitors for programmable chip arm Altera
INTEL has shortlisted a number of buyout firms for the next round of bidding for its Altera unit, according to sources familiar with the matter, as the beleaguered chipmaker...

Apollo says private credit may reach US$40 trillion by 2030
APOLLO Global Management said that a booming part of private credit is already a US$20 trillion industry and that the market as a whole may reach US$40 trillion within...

SK Hynix completes deal for US$958 million in US chips grant, loan
THE Biden administration has cemented a deal to give SK Hynix as much as US$458 million in grants and US$500 million in loans to support an advanced chip packaging...

Gold set for weekly drop; market awaits more US data for economic cues
GOLD prices were poised for a weekly fall on Friday (Dec 20) after the Federal Reserve’s verdict on its monetary policy-easing cycle noted a slowdown in cuts, while market...