Culture
Chinese AI firms form alliances to build domestic ecosystem amid US curbs
[SHANGHAI] China’s artificial intelligence (AI) companies have announced two new industry alliances, aiming to develop a domestic ecosystem to reduce dependence on foreign tech as they seek to cope...
HKMA to cut costs, freeze hiring as city battles deficit: report
Published Mon, Jul 28, 2025 · 01:38 PM[HONG KONG] Hong Kong’s de-facto central bank is planning to cut costs next year, according to a local news report, as the...
South Korea pitches Trump on shipyards for last-minute trade deal
[SEOUL] South Korea is pitching the US on a shipbuilding partnership as a key proposal to seal a last-minute agreement to avoid a 25 per cent tariff rate.While details...
Asia: Most markets rise, euro boosted after EU strikes US trade deal
[HONG KONG] Most stock markets rose with the euro on Monday after the European Union and United States hammered out the “biggest-ever” deal to avert a potentially damaging trade...
Chinese steel profits recover as Beijing targets overcapacity
[BEIJING] The profitability of Chinese steel mills began to recover last month, with the improvement likely to accelerate in the second half of the year if the government delivers...
Gold hits near two-week low after US, EU agree to tariff deal
Gold prices fell on Monday (Jul 28) to their lowest in nearly two weeks, as a framework trade agreement between the United States and European Union reduced appetite for...
Macau casino bulls see stock rally extending as revenue grows
Eased travel policy and railway improvements are among the factors seen keeping the uptrend goingPublished Mon, Jul 28, 2025 · 08:34 AM[HONG KONG] Macau casino stocks are poised to...
Investors revive interest in CK Hutchison despite deal delay
[HONG KONG] Investors are regaining enthusiasm for CK Hutchison Holdings despite a delay in the company’s plan to sell 43 ports, with optimism fuelled by news that a Chinese...
Boeing workers threaten strikes at fighter jet factories
[SAN FRANCISCO] Members of a union representing workers who assemble fighter jets in two Boeing factories rejected the US aircraft manufacturer’s proposed new contract on Sunday, paving the way...
AEM Holdings CEO Amy Leong resigns
[SINGAPORE] Semiconductor testing equipment manufacturer AEM Holdings has announced the resignation of its chief executive officer Amy Leong, which took effect on Sunday (Jul 27).Leong, who held the post...
