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    • UBS

    UBS is in talks about a joint venture for Indian minority-owned assets, sources said
    Utah

    UBS is in talks about a joint venture for Indian minority-owned assets, sources said

    UBS is in talks with Mumbai-based 360 One WAM to set up an Indian wealth management joint venture, two sources with direct knowledge of the matter told Reuters. The joint venture would help the Swiss bank expand its Indian wealth…

    Posted on Caradoc Wyn
    China’s Silicon Valley benefits from high-tech focus: production and investments increase
    Alabama

    China’s Silicon Valley benefits from high-tech focus: production and investments increase

    Shenzhen’s high-tech economic activities have emerged as a bright spot amid China’s sluggish economy, with the southern Chinese city seeing strong growth in advanced industrial production and investment. The value added of the city’s major manufacturers of computers, communications equipment…

    Posted on Idris Bevan
    According to analysts, the share price collapse of Temu owner PDD reflects the “shattered confidence of investors”
    New Jersey

    According to analysts, the share price collapse of Temu owner PDD reflects the “shattered confidence of investors”

    A 28.5 percent plunge on Monday that wiped $55 billion off the value of PDD Holdings, owner of shopping apps Temu and Pinduoduo, reflected “shattered investor confidence” in the company’s future after top management stunned investors by downplaying its earnings…

    Posted on Seren Anwen

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