Culture
Asia: Stocks mostly rise on trade deal optimism
[HONG KONG] Asian markets mostly rose on Thursday on optimism that governments will hammer out deals to avoid the worst of US President Donald Trump’s tariffs even after he broadened...
Singtel’s NCS to invest S$130 million to scale AI adoption in Apac
[SINGAPORE] Singtel’s technology services arm, NCS, will invest S$130 million over the next three years to further its artificial intelligence (AI) development across the Asia-Pacific region. Its investments include...
China lenders rush to sell riskiest debt to catch low yields
Chinese authorities have pushed through the mergers of hundreds of smaller, mostly rural banks, while the larger behemoths are struggling to generate profits due to record-low marginsPublished Thu, Jul...
BYD, other EV battery makers face more pressure to cut emissions
[HONG KONG] Electric vehicle (EV) battery suppliers, including BYD and EVE Energy, need to step up efforts to switch to clean power at manufacturing sites and curb emissions in...
Nissan poised to offer record-high coupon in US$4 billion bond sale
[TOKYO] Nissan Motor is expected to sell some of its upcoming US$4 billion foreign-currency bonds at a record-high coupon, piling more pressure on the struggling Japanese automaker as it...
Chinese tycoons are turning Indonesia into an aluminium giant
[LONDON/SINGAPORE] Chinese tycoons are turbo-charging Indonesia’s aluminium industry with multi-billion dollar projects that rival the vast bets made on the country’s nickel riches roughly a decade ago, and threaten...
UOL unit prices S$75 million fixed rate notes at 2.78%
They will be issued as the second tranche of the fifth series of a S$2 billion multicurrency medium-term note programme [SINGAPORE] Property player UOL on Wednesday (Jul 9) announced...
AI chip startup Groq discusses US$6 billion valuation, The Information reports
Published Thu, Jul 10, 2025 · 07:37 AMUS semiconductor startup Groq has spoken to investors about raising between US$300 million and US$500 million at a US$6 billion post-investment valuation,...
US: Wall Street opens higher as markets await trade talks
Published Wed, Jul 9, 2025 · 09:48 PM[NEW YORK] Wall Street’s main indexes opened higher on Wednesday (Jul 9), as investors shrugged off President Donald Trump’s aggressive tariff moves...