We’ve seen Huawei’s surprising strides with its recent smartphones — especially the in-house 7nm 5G processor within, but apparently the company has been working on something far more significant to bypass the US import ban. According to a new Bloomberg investigation, a Shenzhen city government investment fund created in 2019 has been helping Huawei build … Read more
EMotorad, an Indian startup manufacturing electric bikes, raised $20 million in a Series B round as it aims to disrupt China’s market domination and expand its presence in global markets. The three-year-old startup has raised more than $22.5 million in total funding, with Singapore’s Panthera Growth Partners leading the latest round, along with participation from … Read more
Lau Tech Kheng of Past Time Collectable CNBC SINGAPORE — For Singapore-based Lau Tech Kheng, his love of toys has now spawned into a thriving business. Lau started selling vintage figurines with his friends on Sundays in 2005 while working a full-time job as a technician. “For many of us born in the 1970s, we … Read more
Yuichiro Chino/Getty Images Enterprise Singapore (EnterpriseSG) has set up an office in San Francisco, where it hopes to further deepen bilateral ties and support startups’ efforts to enter the digital hub. The new office is the government agency’s third in the US and underscores San Francisco as “a city of interest” for Singapore businesses, especially … Read more
LONDON — With big productions always needing big money, one theater expert explains how investment in the sector works and how London’s West End is used as a testing ground for its New York counterpart. Live events took a massive hit during the Covid-19 pandemic but now audiences are rushing back to sporting events, concerts, … Read more
More South Korean investors are putting money into Southeast Korea startups, creating an “investment corridor” between the two regions. The latest one is KIPSEA. Short for Korean Investment Partners Southeast Asia, KIPSEA has a Singapore-based team and just announced its first fund close of $60 million. Limited partners come from South Korea, Hong Kong and … Read more
Maneesh Jain, PhD, is CEO and co-founder of Mirvie, a company pioneering the prediction of life-threatening pregnancy complications months in advance. More than 500 years ago, Leonardo da Vinci became fascinated by his anatomical dissection of the womb of a pregnant woman who had died and intended to uncover the secrets behind conception and pregnancy … Read more
A partner at a Chinese semiconductor investment fund has welcomed the U.S. government’s ban of certain advanced chip types to be exported to China, describing the move as “great news” which may stimulate a domestic ecosystem. Chloe Wang, a partner and vice-president at the Guangzhou-headquartered Yang Cheng Fund, said: “We received the very great … Read more
The new ‘Exorcist’ movie isn’t raking in as much dough as its parent studio would like — which isn’t great news considering almost half a billion dollars was spent to get it going. Here’s the deal … the first-day box office numbers for David Gordon Green’s ‘Exorcist: Believer’ are in — and they’re underwhelming to … Read more
‘I was in complete shock’: New dating trend sees men asking for refunds when they don’t see a ‘return on investment’ — how high costs of living have changed the rules of romance Samantha Costanza went on a fairly unremarkable date last winter. She and her date grabbed hot ciders at a Brooklyn bar. When … Read more