4 d. ago New World’s Cheng family weighs capital injection, sources say

New World Development’s controlling shareholder, the billionaire Cheng family, is considering injecting capital into the debt-laden Hong Kong developer as early as the end of the year, according to people familiar with the matter. The family of Hong Kong tycoon Henry Cheng was willing to contribute about HK$10 billion (US$1.3 billion) and was seeking a partner that could provide a roughly similar amount for an equity stake, said the people, who asked not to be identified discussing private...

Politics

1 week ago Iran nuclear deal risks collapse over European demand for talks, inspection

The 2015 deal under which Iran agreed to curb its nuclear programme is on the verge of collapse after its three European signatories last week threatened to reinstate United Nations sanctions if Tehran did not heed Western demands. With Iran’s Foreign Minister Abbas Araghchi rejecting pressure from his British, French and German counterparts on Friday to resume negotiations with a disinterested United States and allow UN inspectors back into nuclear facilities bombed by Israel and the US in...

Events

1 week ago Trump wants more investment deals like Intel’s, worrying business community

US President Donald Trump said he wants to make more investments in healthy US companies on Monday. Whether Corporate America is on board is another story. The White House announced a near-10 per cent stake in chipmaker Intel on Friday that converts government grants into an equity share. Trump doubled down on the idea of similar deals in other sectors on Monday, telling reporters at the White House: “I hope I’m going to have many more cases like it.” The administration’s approach upends a...

Economics

1 week ago Tech Industry Reacts to Trump's Intel Stake, Beijing's Nvidia Backlash, and Zuckerberg's AI Restructuring

Tech Industry Reacts to Trump's Intel Stake, Beijing's Nvidia Backlash, and Zuckerberg's AI Restructuring  AInvest

Politics

2 w. ago Trump says Intel has agreed to deal for US to take 10% equity stake

The United States government will take a 10 per cent stake in Intel under an agreement with the struggling chipmaker, US President Donald Trump said on Friday, marking the latest extraordinary intervention in corporate affairs. Intel, whose shares rose more than 6 per cent, declined to comment. The move marks a clear change of direction just weeks after Trump called for the resignation of the company’s new chief Lip-Bu Tan over his “highly conflicted” ties to Chinese firms. It also follows a...

Politics

2 w. ago Chipmaker Intel’s US$24 billion rally sends valuation to dot

After months of turbulence, Intel Corp bulls are finally being rewarded for their patience. But the stock’s sudden rebound comes with a worrying side effect: a valuation so high its most recent precedent is from the dotcom era more than two decades ago. Shares of the struggling chipmaker have rallied 28 per cent this month, adding about US$24 billion in market value, on reports that the US government is in talks for a potential equity stake, as well as plans for a US$2 billion investment from...

Economics

2 w. ago Chipmaker Intel’s US$24 billion rally sends valuation to dotcom levels

After months of turbulence, Intel Corp bulls are finally being rewarded for their patience. But the stock’s sudden rebound comes with a worrying side effect: a valuation so high its most recent precedent is from the dotcom era more than two decades ago. Shares of the struggling chipmaker have rallied 28 per cent this month, adding about US$24 billion in market value, on reports that the US government is in talks for a potential equity stake, as well as plans for a US$2 billion investment from...

Economics

3 w. ago Trump tariffs live updates: Trump says gold will not face a tariff; Nvidia, AMD agree to unusual revenue deal

Trump tariffs live updates: Trump says gold will not face a tariff; Nvidia, AMD agree to unusual revenue deal  Yahoo Finance

Politics

3 w. ago Trump tariffs live updates: Nvidia and AMD agree to unusual revenue deal, China deadline looms

Trump tariffs live updates: Nvidia and AMD agree to unusual revenue deal, China deadline looms  Yahoo Finance

Politics

3 w. ago Intel CEO to visit White House after Trump called for his ouster over alleged China ties: report

Intel CEO to visit White House after Trump called for his ouster over alleged China ties: report  Fox Business

Politics

3 w. ago Malaysians, Singaporeans brush off Trump’s attack on Intel CEO

Intel’s Malaysian-born CEO was thrust into the international spotlight this week as the latest subject of US President Donald Trump’s scatter-gun targeting, calling for him to “resign immediately” over alleged links to Chinese military contractors and surveillance companies. Lip-Bu Tan, 65, born in the riverine town of Muar on Malaysia’s Malacca Strait coast in 1959, grew up in Singapore and studied at Nanyang University, which later merged with the University of Singapore to become the National...

Politics

4 w. ago Under fire from Trump over China ties, Intel’s Tan counters resignation calls

Under fire from Trump over China ties, Intel’s Tan counters resignation calls  Investing.com

Politics

4 w. ago President Trump presses Intel CEO to resign after alleged China ties surface

President Trump presses Intel CEO to resign after alleged China ties surface  Fox Business

Politics

4 w. ago Trump demands 'highly conflicted' Intel CEO resign over China ties

Trump demands 'highly conflicted' Intel CEO resign over China ties  Reuters

Politics

4 w. ago Trump calls on CEO of tech firm Intel to resign over China investments

Trump calls on CEO of tech firm Intel to resign over China investments  Al Jazeera

Economics

4 w. ago Trump accuses Intel CEO of being 'highly conflicted,' demands resignation as Tom Cotton highlights reporting into China ties

Trump accuses Intel CEO of being 'highly conflicted,' demands resignation as Tom Cotton highlights reporting into China ties  Fortune

Politics

4 w. ago Trump demands Intel CEO resign over alleged Chinese company ties

Trump demands Intel CEO resign over alleged Chinese company ties  Fox Business

Politics

4 w. ago Trump calls on ’highly conflicted’ Intel CEO to resign over China ties By Reuters

Trump calls on ’highly conflicted’ Intel CEO to resign over China ties By Reuters  Investing.com

Politics

4 w. ago Trump calls for Intel’s CEO to go. Lawmakers have focused on his ties to China.

Trump calls for Intel’s CEO to go. Lawmakers have focused on his ties to China.  MarketWatch

Politics

4 w. ago Trump calls on 'highly conflicted' Intel CEO to resign over China ties

Trump calls on 'highly conflicted' Intel CEO to resign over China ties  Reuters

Politics