Culture
Iata ‘watching very carefully’ for profiteering in tariff-exempt aerospace industry
[SINGAPORE] The International Air Transport Association (Iata) is on the lookout for players in the aerospace industry attempting to profiteer by using trade tariffs to justify price hikes.The industry...
SoftBank-backed travel app Klook is said to consider US listing: sources
Published Wed, Jul 16, 2025 · 04:54 PM[HONG KONG] Klook, a travel and leisure booking platform, is exploring an initial public offering in the US that may raise as...
Low-cost carrier model not dead, but may not work at every airport: Iata chief
[SINGAPORE] The budget airline model is not dead, but it does not always work at every airport, said Willie Walsh, director-general of the International Air Transport Association (Iata), at...
CCCS seeks public feedback on proposed takeover of Seaco by Stonepeak-linked company
[SINGAPORE] The Competition and Consumer Commission of Singapore (CCCS) is seeking public feedback on the proposed acquisition of Global Sea Containers (Seaco) by special purpose vehicle Typewriter Ascend. On...
Huawei tops China smartphone market for first time in years
Published Wed, Jul 16, 2025 · 01:29 PM[SINGAPORE] Huawei Technologies took the top spot in China’s smartphone market for the first time in more than four years, a comeback...
Nvidia’s Huang says China’s open-source AI a ‘catalyst for progress’
[BEIJING] Nvidia CEO Jensen Huang called China’s open-source artificial intelligence a “catalyst for global progress” and hailed the country’s innovation in the sector as he addressed an expo in...
Japan’s Nidec builds made-in-China EV motor to help Toyota catch rivals
[TOKYO] Japan’s Nidec is building an almost totally “made-in-China” electric vehicle (EV) motor to help Toyota Motor compete in the world’s largest auto market, according to chief executive officer...
Flying taxi CEO is billionaire again after stock’s 160% rally
[NEW YORK] Four years after a much-hyped Spac deal followed by a swift collapse, shares of flying taxi company Joby Aviation have rallied to an all-time high, lifting the...
Gold nudges higher as focus turns to US tariff negotiations
Keeping gold gains in check, the US dollar and benchmark US 10-year Treasury yields held near multi-week highsPublished Wed, Jul 16, 2025 · 09:44 AM[BENGALURU] Gold prices edged higher...
Chinese convertible bonds rally to decade-high on surging demand
[BEIJING] Convertible bonds have emerged as one of the most popular asset classes in China this year, trouncing the performance of local stocks and fixed income.The CSI convertible bond...
