Khaled Ayoub

Khaled Ayoub covers business and finance for Beijing Times, reporting on markets, companies, and the economic developments driving the global economy.

QNB Corp. to Expand Footprint with $41 Million Acquisition of Victory Bancorp

QNB Corp. announces acquisition of Victory Bancorp for $41 million, creating a larger Pennsylvania-based bank with expanded assets and market reach.

IMF Advises Japan Against Sales Tax Cuts, Recommends Continued Rate Hikes

The IMF urges Japan to avoid sales tax cuts and continue raising interest rates, citing fiscal risks and the need for monetary policy normalization.

Veritas Capital Secures $14.4 Billion for Ninth Flagship Fund Amidst Market Slowdown

Veritas Capital successfully closes its ninth flagship fund at $14.4 billion, exceeding targets amidst a challenging private equity market. Learn about their investment strategy and recent successes.

Coca-Cola Europacific Partners Announces Record Financial Results and a €1 Billion Share Buyback

Coca-Cola Europacific Partners (CCEP) announces record fiscal year 2025 results, including €20.9 billion in revenue and a €1 billion share buyback program, with a positive outlook for 2026.

L’Oréal’s Q4 Sales Growth Slows, Missing Expectations Amidst Asian Weakness

L'Oréal's fourth-quarter sales growth of 6% missed expectations, impacted by its luxury division and weakness in Asia, despite strong performance in North America and Europe.

Safran Soars: Aerospace Giant Boosts 2028 Targets on Strong Aftermarket and Defense Performance

French aerospace firm Safran raises its 2028 financial outlook significantly, driven by strong civil engine aftermarket demand and robust defense sector performance in its latest fiscal year.

Fed’s Schmid Cautions Against Interest Rate Cuts Amid Persistent Inflation Worries

Kansas City Fed President Jeff Schmid warns against premature interest rate cuts, citing persistent inflation concerns and the need for a restrictive monetary policy.

Addentax Group Eyes Expansion with Proposed Acquisition of Hong Kong Digital Lending Platform

Addentax Group Corp. announces proposed acquisition of a Hong Kong-based digital lending platform, aiming to expand its fintech presence in the Asia-Pacific region with AI-driven credit technologies.

Axera’s Hong Kong IPO Priced at HK$28.20 as Market Awaits Debut

Axera Semiconductor sets its Hong Kong IPO price at HK$28.20 amid active gray market trading, signaling early investor caution despite strong initial demand.

Alibaba Unveils RynnBrain: A New Open-Source AI Model for Robotics

Alibaba launches RynnBrain, an open-source AI model for robotics, challenging Google and Nvidia in the physical AI race. Learn how this innovation empowers robots.

Hong Kong Set to Issue First Stablecoin Licenses in March, Bolstering Crypto Hub Ambitions

Hong Kong is set to issue its first stablecoin licenses in March 2026, as part of its strategy to become a leading crypto hub. Learn more about the regulatory framework and licensing process.

Pony.ai and Toyota Accelerate Autonomous Future with Mass-Produced Robotaxis in China

Pony.ai and Toyota launch mass-produced robotaxis in China, featuring advanced autonomous driving technology and aiming for large-scale commercial deployment.

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