News
As Elon Musk plans a robot army, China’s humanoid bots are already on the market
As Elon Musk touted plans to eventually manufacture an army of Tesla bots in Silicon Valley this month, humanoid robots were already being produced and sold to consumers in...
Singapore stocks rise as market cheers new SGX announcements; STI up 0.2%
Frasers Logistics & Commercial Trust is top gainer on benchmark index; three local banks also end higher[SINGAPORE] Singapore stocks ended higher on Thursday (Nov 20), as the market cheered...
ByteDance’s valuation soars to US$480 billion in share auction
[HONG KONG] [A Chinese investment firm bought a block of ByteDance shares at a valuation of US$480 billion, far above recent levels, a sign of strong investor interest in...
DBS, UOB, OCBC, Jardine among stocks that could gain from smaller board lot sizes
[SINGAPORE] US-listed Grab might have been dual-listed in Singapore if the Singapore Exchange’s (SGX) latest push for dual listings was around at the time they went public on the...
Vietnamese airline Vietjet to resume use of Chinese-made Comac planes: sources
C909, which seats up to 90 passengers, has been operating commercially since 2016[HANOI] Vietnamese budget airline Vietjet plans to resume the use of Comac jets next week after a...
Google opens new AI engineering centre in Taiwan
[TAIPEI] Alphabet’s Google on Thursday opened in Taiwan its biggest artificial intelligence (AI) infrastructure hardware engineering centre outside of the US, in what Taiwan’s president said was a show...
Chinese copper demand sags in busy season after prices surge
A slump in government spending, meanwhile, has kicked away another prop to demand[BEIJING] As the busy period for Chinese manufacturing draws to a close, copper consumption has largely disappointed,...
BOJ board member Koeda calls for policy normalisation
[NIIGATA] The Bank of Japan must continue to normalise monetary policy by raising real interest rates to “a state of equilibrium” to avoid creating unintended distortions in the future,...
Asian currencies to regain ‘much-needed’ stability in 2026: DBS report
Countries have also bypassed US to trade with one another in view of tariff risks[SINGAPORE] DBS analysts are upbeat about the region’s prospects for 2026, forecasting that Asian currencies...
China leaves benchmark lending rates unchanged for the sixth straight month
October economic data, including a contraction in exports and a further slowdown in retail sales, point to a tougher fourth quarter, analysts say[SHANGHAI] China left benchmark lending rates unchanged...
