Culture
US embeds trackers in AI chip shipments to catch diversions to China: sources
[SINGAPORE / NEW YORK] US authorities have secretly placed location tracking devices in targeted shipments of advanced chips they see as being at high risk of illegal diversion to...
Temasek-backed ST Telemedia is said to consider selling stake in data centre operator GDS: sources
[SINGAPORE] ST Telemedia (STT) is considering selling its holding in Chinese data centre operator GDS Holdings, people familiar with the situation said.The company, backed by Singapore state investor Temasek...
Japan’s Nikkei tops 43,000 for first time ever
[TOKYO] Japan’s Nikkei share average breached the 43,000-mark for the first time on Wednesday (Aug 13), with the broader Topix index also scaling a fresh all-time peak, tracking Wall...
Paytm shares surge after RBI grants payment aggregator license
Payment aggregators are platforms that provide diverse payments options to customers, including merchantsPublished Wed, Aug 13, 2025 · 01:06 PM[MUMBAI] Shares of One 97 Communications surged to the highest...
Nomura sees Fed cutting rates by 25bps in September as inflation cools
Published Wed, Aug 13, 2025 · 01:01 PMNOMURA now expects the US Federal Reserve to cut interest rates by 25 basis points at its September meeting, citing softer core...
Why China’s banks are hunting for fortunes stashed abroad
BEHIND the gates of an opulent mansion in Vancouver, San Francisco, or Sydney, a wealthy Chinese individual lives a life of quiet opulence, his wealth secured in offshore accounts...
Circle falls after company, holders offer 10 million shares
[NEW YORK] Shares of Circle Internet Group fell after the second-largest stablecoin issuer and a group of shareholders, including co-founder and chief executive officer Jeremy Allaire announced an offering...
Pony AI nears full-year robotaxi target despite scaling hurdles
Robotaxi services revenue has climbed 158% to US$1.5 million in the second quarter from the same period in 2024Published Wed, Aug 13, 2025 · 10:26 AM[HONG KONG] Pony AI...
China’s US$11 trillion stock market is staging a quiet resurgence
[BEIJING] Chinese stocks have gained ground in recent months despite a lack of major catalysts, with ample domestic liquidity likely to sustain the rally. Mainland households, flushed with record-high...
Panama Canal to enter ports business as Trump-China feud simmers
[NEW YORK] The Panama Canal is planning to enter the ports business with a tender for two terminals, a move that comes amid a high-profile clash between the US...
