News
Alibaba rolls out latest flagship AI model in post-DeepSeek race
[BEIJING] Alibaba Group Holding took the wraps off a new version of its flagship Qwen AI model, sustaining the breakneck pace of development that’s characterised China’s artificial intelligence (AI)...
S&P removes Boeing’s rating from CreditWatch negative on improving aircraft production
Published Tue, Apr 29, 2025 · 06:59 AMS&P has removed Boeing’s rating from CreditWatch negative on improving aircraft production and lower cash burn, the global ratings agency said on...
First Sponsor reports subdued market sentiments affecting China property development in Q1 2025
It remains cautiously optimistic that government support this year will contribute to gradual market recovery in country[SINGAPORE] First Sponsor reported that weak market sentiments in the first quarter of...
Ant Group enters brokerage business with HK$2.81 billion Bright Smart buy
Published Mon, Apr 28, 2025 · 07:13 PM[HONG KONG] Ant Group, an affiliate of China’s e-commerce giant Alibaba Group, is buying a HK$2.81 billion (S$476 million) controlling stake in...
CapitaLand Ascendas Reit reports positive rental reversions despite dip in occupancy in Q1
[SINGAPORE] CapitaLand Ascendas Real Estate Investment Trust (Clar) reported a growth in portfolio rental reversions of 11 per cent in the first quarter of 2025, despite occupancy dipping, in...
China claims no need for US grain as Brazil supplies grow
[BEIJING] China’s grain supply will not be affected by a loss of US feed grain and oilseed imports, thanks to abundantly available substitutes on the global market and sufficient...
Bay Area tech workers thought their jobs were safe. Then the ‘golden handcuffs’ came off
Evan Richardson grew up in Silicon Valley, surrounded by big tech companies that transformed how people live, socialize and work.As a curious kid, Richardson took apart electronics and put...
US shoppers pay for Trump tariffs on Temu, doubling some prices
Published Mon, Apr 28, 2025 · 04:12 PM[BEIJING] Discount Chinese retail app Temu appears to be passing on nearly all of US President Donald Trump’s new import taxes to...
Toyota Industries shares set to surge on potential buyout by Toyota Motor
[TOKYO] Shares of Toyota Industries were set for their biggest daily jump on record on Monday (Apr 28) after Japanese automaker Toyota said it was considering a potential buyout...
Japan denies report citing Bessent’s push for strong yen
Trump’s past remarks accusing Japan of intentionally maintaining a weak yen, have fuelled market expectations that Tokyo will face pressure to strengthen the yen’s value against the US dollar...
