News
China turns to electric taxis to soften Hormuz oil shock
Taxi usage and ridesharing are booming across Chinese cities, with trips up 6% since the Iran warPublished Wed, Jul 15, 2026 · 02:48 PM[BEIJING] China has an increasingly important...
Ng Chee Khern to succeed Edmund Cheng as CAAS chairman from Aug 1
Ng is currently director and chief executive officer of Iseas-Yusof Ishak Institute[SINGAPORE] The Civil Aviation Authority of Singapore (CAAS) will see a leadership transition next month, with current deputy...
Malaysia says higher energy prices will support subsidy spending
The government said it could spend up to RM40 billion (US$9.83 billion) on fuel subsidies this yearPublished Wed, Jul 15, 2026 · 12:46 PM[KUALA LUMPUR] Malaysia said on Wednesday...
DeepSeek prepares for IPO filing as soon as 2027, targets US$71 billion valuation: FT
The startup begins talks with potential backers for a fresh funding round after closing a US$7 billion round of financingPublished Wed, Jul 15, 2026 · 11:57 AM[BEIJING] Chinese artificial...
Asian stocks rise after soft US CPI, Kospi rallies over 6% on SK Hynix wins
MSCI’s Asia Pacific equities gauge climbs 1.2% as shares also rose in Japan and AustraliaPublished Wed, Jul 15, 2026 · 10:37 AMASIAN shares rose on Wednesday (Jul 15) as...
Kuroda’s negative rate surprise shocked his own BOJ board, minutes show
Dissenters were concerned over Kuroda’s proposal to charge 0.1% interest on a portion of financial institutions’ deposits at the BOJPublished Wed, Jul 15, 2026 · 09:28 AM[TOKYO] The Bank...
UK plans default midnight social media curfew for 16- and 17-year-olds
Published Wed, Jul 15, 2026 · 08:54 AM[LONDON] Britain will introduce a default overnight curfew on social media apps for 16- and 17-year-olds, the government said, adding new restrictions for older...
Citi shares fall as investor worry over expenses overshadows second-quarter profit beat
Published Wed, Jul 15, 2026 · 07:54 AMCITIGROUP beat Wall Street estimates as it reported surging trading revenues but its stock slid as investors worried about potentially worse results...
IBM warns AI boom squeezing software budgets; shares sink in sector rout
The company said it expects revenue to rise just 1 per cent to US$17.2 billion in Q2Published Wed, Jul 15, 2026 · 06:53 AMIBM said it had “faltered” in keeping...
US stocks: S&P 500 and Nasdaq end higher on cool inflation data, solid bank earnings
Published Wed, Jul 15, 2026 · 05:53 AM[NEW YORK] The S&P 500 and the Nasdaq advanced on Tuesday (Jul 14) as solid big bank results and a cooler-than-expected inflation...
