By Yantoultra Ngui and Rae Wee SINGAPORE (Reuters) -JPMorgan Chase is accelerating hiring across its corporate banking business in the Asia Pacific region and aims to increase headcount by 20% next year as part of a regional growth push, senior executives told Reuters. JPMorgan, the largest U.S. bank, has already bumped up its staffing levels in the division by 20% as of July, double its initial target for 2025 growth, said Oliver Brinkmann, co-head of global corporate banking, Asia Pacific (APAC). "We' ...

Perenti's underground mining division, Barminco, has secured a four-year contract valued at approximately A$300m ($198.3m) to provide underground mining services at the Dalgaranga Gold Project in Western Australia (WA). Owned by Ramelius Resources following the acquisition of Spartan Resources, the Dalgaranga Gold Project is situated 475km north-east of Perth and 80km north-west of Mount Magnet. The scope of the contract includes the provision of underground development, production and related mining ser ...

VanEck targets Hyperliquid with plans for a U.S. ETF and European ETP as the DeFi exchange gains Wall Street attention. | Credit: Getty Images. Key Takeaways VanEck plans to launch the first HYPE spot staking ETF in the United States. A physically backed Hyperliquid ETP is also in the works for Europe. Hyperliquid’s rise as a decentralized trading hub has made it a target for institutional products. VanEck, the $100 billion asset manager behind some of the first Bitcoin (BTC) and Ethereum (ETH) e ...

Apple growers in Indian Kashmir are staring at huge losses this year as floods and highway closures disrupt the peak harvest season, enmeshing growers and truckers in uncertainty, farmers and industry officials say. ...

The newly public software company is growing fast, but the valuation is ahead of the fundamentals.Software company Figma (FIG -4.24%), which specializes in design tools for websites, apps, and a growing number of other things, went public on July 31 with a bang. The stock rocketed from its IPO price of $33 per share to as high as $124 per share on its first trading day, an incredible surge.The stock has taken a beating since then as investor enthusiasm cooled off a bit. Within days, Figma stock fell sharply ...

Accessibility StatementSkip Navigation Exchange Rate BEIJING, Sept. 11, 2025 /PRNewswire/ -- Cheetah Mobile Inc. (NYSE: CMCM) ("Cheetah Mobile" or the "Company"), a China- based IT company, today announced its unaudited consolidated financial results for the quarter ended June 30, 2025. Management Commentary Mr. Sheng Fu, Cheetah Mobile's Chairman and Chief Executive Officer, remarked, "We delivered another quarter of solid topline growth and meaningful improvement in profitability, underscoring the early ...

Alibaba Group Holding plans to raise US$3.2 billion by selling zero-coupon convertible senior notes, part of moves to fund its cloud and international e-commerce operations, according to a stock exchange filing on Thursday. The zero-coupon convertible senior notes - which mature on September 15, 2032 - would be sold via a private offering to non-US investors, the filing said. The US dollar-denomi denominated notes will not pay any interest but will allow bondholders to exchange the notes into US-listed sh ...

Chinese drug makers put on a brave face in the wake of a report that said the Trump administration was considering new restrictions on China-developed medicines, citing the country's supply chain and cost advantages, according to executives at a forum in Hong Kong on Thursday. While shares of Hong Kong-listed Chinese drug makers plunged after Thursday's New York Times report that the US government was drafting an executive order to curb licensing deals with China-based firms, pharmaceutical executives at ...

Business ties between mainland China and the Middle East were deepening, with Hong Kong playing a pivotal role as a value‑added "superconnector", panellists said at the Belt and Road Summit on Thursday. "There are a lot of opportunities happening between the two countries [Oman and China]," said Ibrahim Al-Eisri, chief investment officer of private markets at the Oman Investment Authority, who spoke during a panel discussion on exploring new markets and industries. "We have seen a big flow of investments ...

Independent UK law firm, Burges Salmon, has advised a club of lenders – comprising NORD/LB, Santander UK, Commonwealth Bank of Australia, Rabobank, and Aviva Investors – on its £240 million refinancing package for the Gresham House Energy Storage Fund plc (GRID), a 1 GW portfolio of 28 battery energy storage system (BESS) assets. The assets are strategically located across the UK and have all entered operation. The funds will be used to undertake augmentation works on the sites to increase battery capacity ...