Russia doesn’t really need Iranian drones 

Washington says Russia has taken delivery of the first shipment of drones from Iran and that the Russians plan to purchase hundreds of them. Russia replies that it is not buying Iran’s drones while the Iranians insist they are neutral regarding the war in Ukraine.   The view in Washington is that the Russians are running […]

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China’s August factory activity shrinks as orders weaken: Caixin PMI

BEIJING: China’s manufacturing plant activity contracted the first time in three months within August amid weakening demand, while strength shortages and refreshing COVID-19 flare-ups disrupted production, a private field survey showed on Thursday (Sep 1).   The Caixin/Markit manufacturing purchasing managers’ catalog (PMI) slid in order to 49. 5 withinContinue Reading

Singapore startup Propseller raises US mil Series A funding

Used to scale business model, discover overseas marketsBustle Fund, Iterative, Rapzo Capital participated in this round Singapore-headquartered startup Propseller announced an US$12 mil (RM53. 7 mil) Series A funding brought by Vertex Ventures Southeast Asia plus India.In a declaration, the firm said this round saw participation from existing investors, Hustle Fund,…Continue Reading