Culture
China cuts coal imports, deepens Asean ties amid trade shifts
China’s coal imports fell for the fifth time in six months in July as Beijing leaned more on domestic mining and boosted oil and gas…
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Culture
Culture
Tata Consultancy Services layoffs herald AI shakeup of US$283 billion outsourcing sector
Indian outsourcing giant Tata Consultancy Services’ (TCS) decision to cut over 12,000 jobs signals the start of a broader AI-fuelled trend…
Culture
Intel CEO Tan Lip-Bu says has board support as Trump calls for resignation
Tan has reached out to the White House to clear up what he calls ‘misinformation’ about his track record Intel chief executive officer Tan…
Culture
Thai Airways shares soar to seven-year high after earnings jump
Its market value has reached more than 407.5 billion baht (S$16.2 billion), making it the fifth-largest carrier in Asia Thai Airways…
Culture
A 240-year-old Swiss watchmaker’s race to beat Trump’s tariff deadline
[LONDON/GENEVA] As a US tariff deadline neared this week, Swiss watch manufacturer DuBois et fils rushed to ship five high-end watches…
Culture
From rubber roots to risk management: Singapore’s 60-year mastery of global trades
Singapore has certainly experienced a remarkable journey from third world to first over the last six decades. In this week’s Brunch, we…
Culture
China’s SMIC says Trump tariffs did not cause expected ‘hard landing’
China’s top foundry Semiconductor Manufacturing International Corporation (SMIC) said on Friday (Aug 8) US tariff policy had not led to a…
Culture
Standard Chartered forms joint venture to issue stablecoins in Hong Kong
DARD Chartered said on Friday that it has formed a joint venture with strategic partners to apply for a license to issue stablecoins in…
Culture
Indonesia’s benchmark yield falls to lowest in almost two years
Emerging Asian sovereign bonds have rallied this year as global funds diversified their investments away from US dollar assets Indonesia’s…
Culture
Accumulating bitcoin a risky digital rush by companies
US PRESIDENT Donald Trump’s media group and Tesla, the electric carmaker owned by tech billionaire Elon Musk, are among an increasing…
Culture
Over 30 companies in IPO pipeline: SGX
More than 30 companies are currently in the Singapore Exchange’s (SGX) initial public offering (IPO) pipeline, according to the group’s…
Culture
Asia: Tokyo soars on trade deal relief as markets limp into weekend
JAPANESE stocks rallied on Friday on a mixed day for Asian markets, fuelled by relief that Tokyo and Washington had settled a tariff issue…
Culture
China’s tech giants Alibaba, Baidu, Tencent spook a generation of workers with job cuts
FOR years, a job at one of China’s technology behemoths was a golden ticket for the country’s ambitious youth. Now, a wave of downsizing…
Culture
Blackstone makes first hire for Japan private credit origination
The Japanese market has become a vital source of money for private credit funds, as investors from high-net-worth individuals to insurers…
Culture
Leading ladies: The women heading the biggest family-led hotels in Asia
Kuok Hui Kwong’s appointment as the new chief at Shangri-La Asia is only the latest in a string of women taking over the reins across…
Culture
Trump signs order targeting banks over political discrimination
US President Donald Trump signed an executive order on Thursday (Aug 7) aimed at eliminating practices by banks and their regulators that…
Culture
Wealth firms are preparing richest Australians for pension tax fallout
A looming pensions tax on rich Australians is sparking a flurry of behind-the-scenes planning by the nation’s wealth managers, who say…
Culture
BOJ debated chance of resuming rate hike, July summary shows
Some Bank of Japan policymakers warned of mounting inflationary pressures and one signaled the chance of resuming interest rate increases…
Culture
STI, semiconductor stocks fall, as Genting, Sembcorp, SGX decline
Shares of some Straits Times Index (STI) constituents and semiconductor firms fell on Friday (Aug 8), on the impact of earnings reports as…
Culture
GM to buy EV batteries from China’s CATL for low-cost Bolt EV
The Chinese company is one of the world’s largest battery manufacturers and a major supplier of LFP batteries to the auto industry General…
Culture
Gold futures hit record high after US tariff report
Gold futures jumped to a fresh high on Friday (Aug 8) following a report that the United States has imposed tariffs on imports of one-kilo…
Culture
DBS shares jump 2.5%, cross S$50 mark
DBS shares surpassed the S$50 mark in early trade on Friday (Aug 8), a day after it reached that record level following news of its…
Culture
Australian authorities file proceedings against Singtel’s Optus, allege cyberattack-linked breaches
Telco’s unit says it is unable to determine the quantum of any penalties, which the Australian federal court will determine The Australian…
Culture
Nextdoor cuts 12% of workforce in quest for profitability
Nextdoor Holdings, the neighbourhood social networking company, is eliminating 12 per cent of its workforce, part of a broader effort by…