Citi Secures Approval for Wholly Owned China Securities Venture
Citigroup has secured approval to establish a wholly owned securities venture in China, expanding its ability to underwrite onshore capital-markets deals.
Trusted Insights. Asian Perspective.
Citigroup has secured approval to establish a wholly owned securities venture in China, expanding its ability to underwrite onshore capital-markets deals.
British retail sales volumes declined 0.4% in September, although the latest three-month period still recorded 0.7% growth.
Vietnam’s growing manufacturing base is increasing electricity demand and coal imports, sharpening the trade-off between near-term reliability and long-term transition risk.
US regulators have rejected two connected devices containing HiSilicon chips, signalling stricter component-level scrutiny for global electronics manufacturers.
Gentari and BYD Malaysia will assess high-power charging, energy storage and potential operating models as Malaysia’s rapidly growing EV fleet tests existing infrastructure.
Meta’s advertising engine delivered strong third-quarter growth, but its US$135 billion–US$145 billion capital plan is raising the bar for measurable AI returns.
LSEG's US$3.535 billion acquisition agreement with Octus highlights the growing value of specialised financial intelligence. As AI makes information easier to process, competitive advantage may increasingly depend on access to reliable, proprietary data that competitors cannot easily reproduce.
Perak's Kerian Industrial City promises nearly 12,000 jobs and new manufacturing opportunities. But industrial progress should be measured by more than investment figures. The real test lies in skilled employment, competitive wages and meaningful participation by local businesses.
Zetrix AI's RM2 billion sukuk covenant has placed its financing obligations under scrutiny following a sharp decline in its founder's shareholding. The case reveals why investors must look beyond share prices and profits to understand the risks hidden in corporate debt agreements.
Barclays plans to eliminate approximately 5,000 positions in 2026 despite rising quarterly profits. As AI reshapes banking operations, the bigger question is whether companies can achieve greater productivity without weakening the talent pipelines they need for future growth.