News
CATL rises in Hong Kong trading debut after world’s top listing in 2025
[HONG KONG] Contemporary Amperex Technology Co Limited (CATL) rose in its Hong Kong trading debut after the Chinese battery giant wrapped up the world’s biggest listing this year by...
Top Vietnam steelmaker says local building boom will fuel growth
[HANOI] Vietnam’s top steelmaker Hoa Phat Group is counting on the nation’s rising economic growth and massive infrastructure projects from railways to seaports to fuel the company’s expansion and...
FAA investigating after Newark air traffic control suffered two-second outage
Published Tue, May 20, 2025 · 07:59 AMTHE Federal Aviation Administration said the facility that handles Newark air traffic on Monday lost radio frequencies for about two seconds, the...
GM to stop exporting vehicles from US to China, company says
Published Tue, May 20, 2025 · 07:09 AM[DETROIT] General Motors informed employees and dealers for its China export business on Thursday in China that it would stop shipping vehicles...
Actors’ union sues ‘Fortnite’ over AI Darth Vader
[LOS ANGELES] An actors’ union is suing the makers of the Fortnite video game over the use of AI to create an interactive Darth Vader, it said on Monday.Fortnite...
Europe: Stocks subdued as corporate news outweighs US credit downgrade
EUROPEAN stocks closed flat on Monday, following a five-week winning streak, as declines from a surprise US credit rating downgrade were offset by upbeat corporate updates.The pan-European Stoxx 600 index...
After rocky week, Coinbase becomes first crypto exchange to join the S&P 500
Coinbase on Monday became the first cryptocurrency exchange to join the Standard & Poor’s 500 index, marking a pivotal moment for the digital assets industry.The inclusion on the S&P...
SAG-AFTRA files unfair labor charge against use of Darth Vader’s voice in ‘Fortnite’
James Earl Jones’ voice of Darth Vader is one of the most recognizable sounds in movie history — and now it’s at the center of a fight over the...
Billionaire Richard Li’s FWD Group again files for Hong Kong listing
Its previous attempts to go public were scuttled by regulatory delays and market volatilityPublished Mon, May 19, 2025 · 11:10 PM[HONG KONG] FWD Group, a Hong Kong-based insurer backed...
23andMe sells gene-testing business to DNA drug maker Regeneron
Bankrupt genetic-testing firm 23andMe agreed to sell its data bank, which once contained DNA samples from about 15 million people, to the drug developer Regeneron Pharmaceuticals for $256 million.The...
Airbus in talks with Malaysia Airlines for its A220 planes
Airbus sees potential for the A220 in Malaysia, where about 150 of its other commercial planes operatePublished Mon, May 19, 2025 · 07:05 PM[KUALA LUMPUR] European planemaker Airbus is...
Ossia appoints Asian Corporate Advisors as independent financial adviser for privatisation offer
The controlling shareholders of Ossia have made an unconditional offer on May 15 to take the company private at S$0.16 a share[SINGAPORE] Mainboard-listed Ossia International has appointed Asian Corporate...