Empire Capital Partners Facilitate Mergers & Acquisitions On Behalf Of Businesses

Jio Platforms shares surged on their first day of trading, even as questions mount about the telecom firm’s growth prospects and a new generation takes charge.

China said it would seek India’s help to “maintain peace and stability in the border areas” after new stand-offs in a long-disputed region threatened to undermine improved relations. “We hope that India will work with China in the same direction by jointly implementing the common understandings between the two sides,” Chinese foreign ministry spokesman Guo Jiakun said at a daily media briefing on Monday. China “strictly abides by the relevant agreements”, he said. Guo also said that China...

For three decades, Lao Gan Ma’s glass jars, bearing the stern portrait of founder Tao Huabi, have been a fixture on Chinese dinner tables and a symbol of traditional food manufacturing. This week, however, the iconic chilli sauce has become an unlikely focus of public anxiety over artificial intelligence. Online rumours that the Guizhou-based company had replaced hundreds of factory workers with AI went viral, prompting boycott threats and highlighting growing public unease over the impact of...

Australia’s national broadcaster ABC called on the far-right One Nation party on Wednesday to stop using children’s TV character Bluey in its political cartoons. Bluey is the popular star of an Australian cartoon series featuring canines navigating childhood and parenting in the suburbs. Pauline Hanson’s One Nation party has come under fire for a 2024 political cartoon depicting Bluey driving a car over an Australian politician. That cartoon in particular has come into the spotlight since a man...

Malaysia’s Prime Minister Anwar Ibrahim is up against it in next month’s Melaka state poll, as his ruling Pakatan Harapan (PH) coalition risks yet another electoral wipeout at the hands of its federal partner Umno. The two are competing head-to-head in nearly all of the 28 state assembly seats up for grabs on November 14, in a contest widely seen as favouring an incumbent state administration led by the United Malays National Organisation’s Barisan Nasional (BN) coalition. Whether BN holds onto...

Malaysia will still lose tens of billions of ringgit to the 1MDB scandal even after further overseas asset recoveries, its second finance minister said on Wednesday, as disgraced former prime minister Najib Razak prepares to move to house arrest. Najib has been imprisoned since 2022 following his conviction for corruption and money laundering tied to SRC International, a former subsidiary of 1Malaysia Development Berhad (1MDB). The sovereign wealth fund was co-founded by Najib in 2009 during his...

Malaysian customs said on Wednesday ⁠that it ⁠had seized about 49.5 ⁠million ringgit (US$12 million) worth of advanced artificial intelligence chips this month, as authorities close in on a syndicate suspected of smuggling high-performance semiconductors through the country’s main airport. Malaysia imposed export controls last year on the movement of advanced AI chips of US origin, following pressure from the United States to stem their flow into China. On October 15, authorities found 30 server...

A heated disagreement over recent land mine explosions is part of the legacy of the truce that halted the Korean War 73 years ago.

A Singaporean behavioural therapist who was repeatedly hit in the face by a four-year-old boy with special needs grabbed his hand and dragged him off his chair and onto the floor. Tricia Lee Hsien, 29, was fined S$5,000 (US$3,900) by a court on Wednesday. She pleaded guilty to one charge of voluntarily causing hurt to a minor. The prosecution sought only a fine, saying this was an “exceptional case” as the harm caused was low and the woman’s culpability was low in this isolated act of...

Yosafat Menteng travelled from Kalimantan on Indonesia’s Borneo island with five fellow students to join Wednesday’s protest in Jakarta against the government’s handling of forest fires that have blanketed parts of Indonesia and neighbouring countries in toxic haze. Back home in Palangka Raya, one of the worst-affected cities by the haze, he heads the students’ council at the University of Palangkaraya’s Faculty of Social and Political Sciences. “We in Kalimantan strongly urge the government to...

India has emerged as a major exporter of ammunition and other weapons to Europe since the outbreak of the Ukraine-Russia war, but analysts caution that New Delhi has yet to secure a lasting foothold in Europe’s defence market. Defence Secretary Rajesh Kumar Singh cited a Bloomberg report last Friday stating that India had become the third-largest arms exporter to Europe under the “ReArm Europe” initiative – also known as Readiness 2030 – largely because of ammunition demand. Bloomberg, citing...

A total of 2,097 Malaysian police officers and personnel have been arrested for drug-related offences, robbery and corruption between 2021 and August this year, according to Home Minister Saifuddin Nasution Ismail. Of the total, 1,551 were arrested for drug offences, 64 for robbery and 482 by the Malaysian Anti-Corruption Commission (MACC). Saifuddin Nasution said in a written parliamentary reply to Kepong MP Lim Lip Eng on Tuesday that the drug-related arrests were made under the Dangerous...