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Siemens has won a €1.3bn contract to digitize Austrian rail signaling for ÖBB, shifting train-control logic from trackside equipment to centralized data centers from 2030.
https://t.co/mRAwXZxLJd
New World Development has won Shanghai Stock Exchange approval to spin off its K11 Art Mall and Atelier NWT properties cutting its indirect stake from 100% to 20%, part of a broader effort to unlock value from its Shanghai real-estate portfolio.
https://t.co/vODQFZE9IO
Taiwan’s Delta Electronics plans a THB3.2bn reconstruction of two Thai facilities. The civil-engineering contract—THB1.58bn—went to Sinohydro, a centrally owned Chinese SOE, highlighting a notable Taiwan–China commercial link in Southeast Asia.
https://t.co/Crpp0rQGI5
The 275 million Euro underscores growing demand for drone technology in modern warfare, with initial deliveries slated to begin soon, initially to a German brigade stationed in Lithuania. https://t.co/Tmf9lqKQ3P
Part III: Chinese banks appear to function primarily as foreign-exchange transactors and RMB price-setting intermediaries rather than long-term managers of China’s accumulated US-dollar assets
https://t.co/l9YbWCKTQM
Today's Siphtor podcast is about what tradeoffs should the US be willing to make when we consider the state intervening in the market in pusuit of national security policy aims? https://t.co/X0e8myeKkF
"China may produce output that generates a large trade surplus, however, there simply is no evidence that Chinese banks are materially increasing their non-RMB assets inside or outside of China."
https://t.co/fkeQYekbpJ