More than 150 Hong Kong civil servants have been dismissed for serious misconduct or criminal convictions over the past three financial years, with the police force accounting for the largest number of cases. In a written reply to a lawmaker’s inquiry on Thursday, the Civil Service Bureau said 151 civil servants were dismissed for serious misconduct or criminal offences between 2022 and 2025, with...
More than 150 Hong Kong civil servants have been dismissed for serious misconduct or criminal convictions over the past three financial years, with the police force accounting for the largest number of cases. In a written reply to a lawmaker’s inquiry on Thursday, the Civil Service Bureau said 151 civil servants were dismissed for serious misconduct or criminal offences between 2022 and 2025, with the number of dismissals dropping steadily from 60 in 2022–23 to 51 in 2023–24 and 40 in...
(RTTNews) - South Korea's Hyundai Motor Co. (HYMTF.OB, HYMLF.OB, 005380.KS) on Friday announced the launch of its all-electric IONIQ brand in China, reinforcing its focus on the NEV market.
(RTTNews) - South Korea's Hyundai Motor Co. (HYMTF.OB, HYMLF.OB, 005380.KS) on Friday announced the launch of its all-electric IONIQ brand in China, reinforcing its focus on the NEV market.
Genesis AI, a global full-stack robotics company, today announced that Vivian Sun has joined the company as Vice President of Commercial and Strategy. Sun is a veteran startup builder and former Amazon leader with deep roots in AI, robotics and autonomous driving. She will lead commercialization, go-to-market and strategic partnerships to bring Genesis AI's full-stack general-purpose robotics solu...
Genesis AI, a global full-stack robotics company, today announced that Vivian Sun has joined the company as Vice President of Commercial and Strategy. Sun is a veteran startup builder and former Amazon leader with deep roots in AI, robotics and autonomous driving. She will lead commercialization, go-to-market and strategic partnerships to bring Genesis AI's full-stack general-purpose robotics solutions to market globally.
SoftBank Group Corp. priced yen hybrid bonds targeting retail investors at an initial five-year coupon of 4.97%, marking the highest level for such debt issued by the company. The ¥418 billion ($2.6 billion) offering consists of 35-year subordinated notes callable after five years. Proceeds will be used in part to refinance bonds with a first call date in June 2026, according to a company statemen...
SoftBank Group Corp. priced yen hybrid bonds targeting retail investors at an initial five-year coupon of 4.97%, marking the highest level for such debt issued by the company. The ¥418 billion ($2.6 billion) offering consists of 35-year subordinated notes callable after five years. Proceeds will be used in part to refinance bonds with a first call date in June 2026, according to a company statement. The coupon is the highest among yen-denominated retail bonds issued by Japanese companies excluding financial firms, data compiled by Bloomberg show. SoftBank Group has been accelerating its investments in artificial intelligence, raising concerns over potential deterioration in liquidity and financial flexibility, and stoking rating downgrade risks. SoftBank Corp. , a unit of SoftBank Group, is also considering its first euro-denominated bond sale. The company is planning a benchmark-sized offering of fixed-rate senior unsecured notes with six- and 10-year maturities, said people familiar with the matter. These investments and fund raising plans are pressuring its credit metrics. SoftBank Group shares are down about 14% so far this year, underperforming the broader market and its credit default swaps , a gauge of credit risk, have widened about 20%.
Amprius Technologies, Inc. (NYSE:AMPX) is among the most profitable stocks in each sector so far in 2026. During the 38th Annual Roth Conference on March 23, Amprius Technologies, Inc. (NYSE:AMPX) announced its strategic shift towards outsourced manufacturing, while highlighting meaningful developments in silicon anode battery technology. The company also noted strong revenue growth and emphasized...
Amprius Technologies, Inc. (NYSE:AMPX) is among the most profitable stocks in each sector so far in 2026. During the 38th Annual Roth Conference on March 23, Amprius Technologies, Inc. (NYSE:AMPX) announced its strategic shift towards outsourced manufacturing, while highlighting meaningful developments in silicon anode battery technology. The company also noted strong revenue growth and emphasized its […]
Cheng Li-wun, chairwoman of Taiwan’s largest opposition party, the Kuomintang (KMT), will speak to the press in Beijing at 2pm on Friday, hours after her historic meeting with Communist Party chief Xi Jinping. It was the first meeting between leaders of the two parties in nine years after then-KMT chairwoman Hung Hsiu-chu visited the mainland in November 2016. During the meeting on Friday morning,...
Cheng Li-wun, chairwoman of Taiwan’s largest opposition party, the Kuomintang (KMT), will speak to the press in Beijing at 2pm on Friday, hours after her historic meeting with Communist Party chief Xi Jinping. It was the first meeting between leaders of the two parties in nine years after then-KMT chairwoman Hung Hsiu-chu visited the mainland in November 2016. During the meeting on Friday morning, both Xi and Cheng highlighted a message of peace across the strait. “Compatriots on both sides are...
BING-JHEN HONG/iStock Editorial via Getty Images Taiwan Semiconductor Manufacturing ( TSM ) released its March 2026 revenue figures . Consolidated revenue reached NT$415.19 billion, a 45.2% increase compared to March 2025. Monthly revenue jumped 30.7% sequentially, driven by surging demand for AI-related products. For the first quarter (January through March), total revenue reached NT$1,134.10B (B...
BING-JHEN HONG/iStock Editorial via Getty Images Taiwan Semiconductor Manufacturing ( TSM ) released its March 2026 revenue figures . Consolidated revenue reached NT$415.19 billion, a 45.2% increase compared to March 2025. Monthly revenue jumped 30.7% sequentially, driven by surging demand for AI-related products. For the first quarter (January through March), total revenue reached NT$1,134.10B (Bloomberg consensus was NT$1.12T), marking a 35.1% rise over the same period last year. All eyes are now on Thursday, April 16, 2026 , when TSMC will report full Q1 earnings. More on Taiwan Semiconductor Manufacturing Company TSMC's AI Grip Tightens Further Taiwan Semiconductor Is Setting Up For Another Beat (Preview) TSMC: Bulletproof Your Portfolio Even Though Peace Should Prevail Taiwan Semi sees bullish views at GF ahead of earnings Chip and AI-related stocks spring as US and Iran agree to temporary ceasefire
Sandisk Corporation (NASDAQ:SNDK) is among the most profitable stocks in each sector so far in 2026. On March 26, BofA Securities reaffirmed a Buy rating on Sandisk Corporation (NASDAQ:SNDK) with a price target of $900. This is driven by robust demand from hyperscalers and AI inference applications. During investor meetings with senior leadership, Sandisk Corporation (NASDAQ:SNDK) […]
Sandisk Corporation (NASDAQ:SNDK) is among the most profitable stocks in each sector so far in 2026. On March 26, BofA Securities reaffirmed a Buy rating on Sandisk Corporation (NASDAQ:SNDK) with a price target of $900. This is driven by robust demand from hyperscalers and AI inference applications. During investor meetings with senior leadership, Sandisk Corporation (NASDAQ:SNDK) […]
Walter Cicchetti/iStock Editorial via Getty Images The US IPO market in 2026 is shaping up to be a historic bottleneck break. After years of companies staying private longer, a combination of easing interest rates and a massive backlog of AI unicorns has created a highly anticipated, albeit selective, window for public debuts. SpaceX Ready to Launch Just last week news broke that SpaceX ( SPACE ) ...
Walter Cicchetti/iStock Editorial via Getty Images The US IPO market in 2026 is shaping up to be a historic bottleneck break. After years of companies staying private longer, a combination of easing interest rates and a massive backlog of AI unicorns has created a highly anticipated, albeit selective, window for public debuts. SpaceX Ready to Launch Just last week news broke that SpaceX ( SPACE ) had confidentially filed to go public, meaning the financials of the company are not disclosed until later. SpaceX is reportedly eyeing a June 2026 listing, and is targeting a staggering $1.75 trillion valuation, seeking to raise between $50 billion and $75 billion. If successful, this would comfortably unseat Saudi Aramco ( ARMCO ) as the largest IPO in history. What’s driving this valuation? 1 While the rocket business is steady, the valuation is heavily anchored by Starlink ( STRLK ). In a post on X, the satellite internet provider confirmed they surpassed 10 million subscribers in February 2026 and are seeing revenues projected as high as $24 billion for this year. The IPO Race Among AI Unicorns OpenAI ( OPENAI ) and Anthropic ( ANTHRO ) are also rumored to be eyeing public debuts in 2026. According to a recent report from The Information, however, there is reported tension at OpenAI between CEO Sam Altman, who wants a Q4 2026 IPO, and CFO Sarah Friar. Friar has expressed concerns that the company isn't operationally ready and that slowing revenue growth might not yet support their $600 billion five-year spending plan. 2 The company was recently valued at $852 billion after a $122 billion funding round. 3 To shore up its "path to profit," OpenAI began running ads for non-premium users in February. Fellow AI darling Anthropic is said to be considering an IPO as early as October 2026, potentially aiming to beat OpenAI to the public markets. It was valued at $380 billion in February. 4 Bankers suggest they could raise over $60 billion, capitalizing on their perceived lead ...