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Likud lawmaker under threat of prosecution for leaking identity of Shin Bet agent
MK Tally Gotliv leaked the identity of a Shin Bet agent married to anti-Netanyahu protest leader Shikma Bressler, earning rare criticism from the Mossad.The State Prosecution announced on Thursday...
Samsung’s bet on foldable phones faces major test with slimmer new model
[SEOUL] Samsung Electronics on Wednesday unveiled thinner, lighter new foldable phones as it aims to fend off Chinese competition in the higher-margin, premium segment that remains untapped by arch rival Apple.The...
HSBC expands UK wealth bet in race to £100 billion asset goal
[LONDON] HSBC Holdings is ramping up growth plans for its UK wealth management operations as Europe’s largest bank seeks to double the assets it oversees for well-heeled individuals in...
Xiaomi founder’s bold EV bet is paying off where Apple’s failed
[HONG KONG] Lei Jun, founder and chairman of Xiaomi, the only tech company to have successfully diversified into carmaking, could not resist.Speaking at a triumphant launch event in Beijing...
IDF, Shin Bet airstrike kills Hamas naval commander, mortar deputy chief in Gaza City
Hamas naval security forces ride on top of a boat on a trailer during the opening ceremony of the first navy headquarters at the sea road of Gaza City,...
Two Chinese chip firms plan 12 billion yuan IPOs, bet US export curbs to spur growth
[BEIJING] Two Chinese artificial intelligence chip startups are seeking to raise a combined 12 billion yuan (S$2.1 billion) in initial public offerings, hoping US curbs on advanced chip sales...
Wall Street’s booming June is big bet against economy doomsayers
[NEW YORK] Wall Street is throwing a summer party with markets just closing out their best cross-asset advance in more than a year on receding fears of a global...
Ping An builds HK$180 billion stake in China banks on dividend bet
[HONG KONG] Ping An Insurance Group, as well as other Chinese insurers, have ramped up investments in the nation’s biggest banks on a bet that the dividend yields will...
Toyota crashes Indonesia’s used-car party with US$120 million bet
[JAKARTA] It’s an alliance everyone saw coming.After decades of dominating Indonesia’s automotive industry, Toyota and Astra are joining forces for the country’s used-car market. The Japanese automaker shelled out US$120 million...
Amazon Just Bet $4 Billion on South Korea’s AI Boom — Here’s Why It Could Be a Game-Changer
Amazon Web Services (NASDAQ:AMZN) and SK Group are teaming up to build what could become South Korea's most powerful AI infrastructure project to date. The two giants are putting...
JPMorgan, Macquarie bet on S-Reits amid falling borrowing costs, MAS mandates
[SINGAPORE] Singapore-listed real estate investment trusts (S-Reits) could gain from falling interest rates, particularly those with a domestic focus, as well as The Monetary Authority of Singapore’s (MAS) initiatives,...
South-east Asia’s budget airlines bet on travel demand, despite competition woes
[SEOUL] South-east Asia’s biggest budget airlines are pursuing a bruising capacity expansion race despite rising cost pressures that are squeezing profitability and led Qantas Airways to shut down Singapore-based...