Culture
Google to obey South Korean order to blur satellite images on maps
This paves the way for the US tech giant to compete better with local navigation platforms[SEOUL] Google said on Tuesday (Sep 9) that it would comply with the South...
VinFast plans US plant in 2028 as it seeks equity backers
The automaker expects to open another assembly plant in Indonesia’s West Java by October[SINGAPORE] VinFast Auto expects to open its delayed North Carolina plant in 2028 while the Vietnamese...
India’s RBI cut US debt, bought gold even before Trump’s tariffs
Central banks have been boosting gold purchases to reduce their risks to the US dollar as global growth becomes more uncertain[MUMBAI] India’s central bank steadily reduced its purchases of...
GIC, SoftBank are said to weigh selling stake in fintech VNLife
The Vietnamese fintech firm has a presence in Vietnam, Singapore, Myanmar and Cambodia [HONG KONG] GIC and SoftBank Vision Fund are considering selling their stakes in Vietnamese fintech firm...
China derivatives fuel 36% surge in SGX trading volume to 31.8 billion units in August
Value traded up 17% at S$33.6 billion; bourse operator cites global institutions tapping China-access derivatives to manage risk across multiple asset classes [SINGAPORE] Singapore Exchange (SGX) reported that its...
Indonesian markets face sell-off after finance minister’s exit
The rupiah has already weakened more than 1% against the US dollar this year, the worst-performing currency in Asia after the Indian rupee[MELBOURNE] Indonesian markets are set for a...
Ant digital arm puts 60 billion yuan energy assets on its blockchain
The firm has so far completed financing for three clean energy projects using this approach, raising about 300 million yuan in total for the companies that operate them[HONG KONG]...
US electric vehicle uptake to hit the brakes on Trump policies
Automakers have curtailed multi-billion-dollar bets on the technology that they made earlier this decade[NEW YORK] Already sluggish adoption of electric vehicles (EVs) in the US will slow even further...
Microsoft signs Nebius cloud deal worth up to US$19.4 billion
The Redmond, Washington-based company is focused on building new data centres and equipping them with expensive servers and networking equipment[SEATTLE] Microsoft struck a multiyear deal worth nearly US$20 billion...
ANZ bank plans to cut 3,500 employees within the next year
[MELBOURNE] ANZ Group Holdings expects 3,500 employees to leave the bank by September 2026, the lender said on Tuesday (Sep 9).ANZ also plans to reduce engagements with consultants and...
