Culture

World Bank and IMF climate snub ‘worrying’, says COP29 presidency
[BONN] The hosts of the most recent UN climate talks are worried international lenders are retreating from their commitments to help boost funding for developing countries’ response to global...
Tesla to build first grid-scale power plant in China
Published Sun, Jun 22, 2025 · 11:00 AM[NEW YORK] Tesla announced on Friday (Jun 20) that it signed an agreement to build its first grid-scale energy storage power station...
Meta launches US$399 Oakley AI glasses with 3k video recording
The company is planning to introduce higher-end glasses with a display to view notifications and the camera view finder later this year, Bloomberg News has reported. In 2027, it...
Circle gets buy rating after Senate passes stablecoin bill
The company behind USDC has seen its shares rise more than 600% since they started trading earlier this month Published Sun, Jun 22, 2025 · 10:00 AM[NEW YORK] Circle...
Apple sued by shareholders for allegedly overstating AI progress
The company shares have lost nearly one-fourth of their value since their Dec 26, 2024 record highPublished Sun, Jun 22, 2025 · 08:30 AM[NEW YORK] Apple was sued on...
Former EMA board director now leads energy firm H2G; predecessor stays on amid court case
[SINGAPORE] Former Energy Market Authority (EMA) board director Pek Hak Bin has been appointed chief executive of energy transition firm H2G Green, as the home-grown company sharpens its focus...
US may target Samsung, Hynix, TSMC operations in China: sources
[BENGALURU] The US Department of Commerce is considering revoking authorisations granted in recent years to global chipmakers Samsung, SK Hynix and Taiwan Semiconductor Manufacturing Company (TSMC), making it more...
Taiwan central bank says US debt rising too fast may impact trust in Treasuries
[TAIPEI] Taiwan’s central bank governor warned on Saturday (Jun 21) that rapidly rising US debt could be “unfavourable” to the outlook for US Treasuries and that US President Donald...
Malaysia keeps anti-dumping duties on some Chinese, Japanese iron, steel
Published Sat, Jun 21, 2025 · 12:52 PM[KUALA LUMPUR] Malaysia said on Saturday (Jun 21) it would maintain anti-dumping duties on imports of Chinese and Japanese cold rolled coils...
Trump pledge of quick China magnet flows has yet to materialise
[HONG KONG] Almost 10 days since US President Donald Trump declared a “done” trade deal with Beijing, US companies remain largely in the dark on when they will receive...
Tesla set to open India showrooms in July with made-in-China EVs
[NEW DELHI] Tesla is set to open its first showrooms in India in July, sources familiar with the discussions said, kicking off formal operations in the world’s third-biggest automobile...
Trump says he may change his mind about firing Fed chair Powell
[WASHINGTON] US President Donald Trump on Friday (Jun 20) again floated the idea of firing Jerome Powell, the Federal Reserve chair he has long attacked over interest rates he...