Culture
BYD seeks to shift mass market image with souped-up race track
[BEIJING] The name BYD is mainly associated with mass market electric vehicles. A manufacturing behemoth that churns out more electric cars than anyone else on the planet, it’s a...
Vietnam billionaire’s taxi firm takes on grab in South-east Asia
[JAKARTA] Vietnam’s richest man Pham Nhat Vuong is looking to disrupt ride-hailing sectors across South-east Asia as his taxi company Green & Smart Mobility, or GSM, battles Grab Holdings...
US Fed’s Jackson Hole exposes hard road ahead for central bankers
[WASHINGTON] The US Federal Reserve’s annual gathering in the Rocky Mountains is usually a time for central bankers and their wonky friends to kick back, discuss a few complicated...
Spotify flags price rises as it introduces new services: FT
Published Sun, Aug 24, 2025 · 07:54 PM[BENGALURU] Spotify will raise prices as it invests in new features and targets one billion users, the Financial Times reported on Sunday...
Singapore-headquartered Mirxes to join Alibaba, Tencent on Hang Seng Composite Index
[SINGAPORE] Home-grown biotech firm Mirxes will join the Hang Seng Composite Index on Sep 8, the startup announced on Saturday (Aug 23). The Hang Seng Composite Index is a benchmark...
Hospitality lags while industrial S-Reits defy tariff concerns in H1 results
[SINGAPORE] While the hospitality sector “disappointed” in the latest half-year results for Singapore real estate investment trusts (S-Reits), the industrial sector turned in a better-than-expected performance despite concerns over...
Wave of director acquisitions as local rally takes a breather
[SINGAPORE] Over the five trading sessions from Aug 15 to 21, institutions were net sellers of Singapore stocks, with net institutional outflow of S$53 million after the heavier S$465...
Databricks to buy Sequoia-backed Tecton in AI agent push
[TORONTO] Databricks will acquire machine learning startup Tecton to expand its artificial intelligence (AI) agent offerings, the latest in a string of deals aimed at offering full-scale AI building...
Goldman’s US$500 million Texas expansion takes shape in Dallas
[DALLAS] Goldman Sachs’ US$500 million bet on Texas is poised to put a stamp on the Dallas skyline. The storied investment bank’s new office complex is ascending out of...
Alphabet’s Waymo gets first permit to test autonomous vehicles in New York City
New York State law requires that a test vehicle operator be present at all times and be ready to assume control of the vehicle while the self-driving technology is...
