News
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...
Wilmar China unit convicted of fraud; to appeal against judgement
[SINGAPORE] A subsidiary of Wilmar International has been found guilty of contract fraud by a Chinese court and ordered to jointly bear losses amounting to 1.88 billion yuan (S$345.6...
CDL divests US$143.5 million residential asset in larger Silicon Valley area to US institutional investor
Part of the group’s capital recycling and portfolio management, the sale allows it to lower gearing and redeploy capital [SINGAPORE] City Developments Limited on Thursday (Nov 20) said that...
Trump considering executive order to preempt state AI laws
US PRESIDENT Donald Trump is considering an executive order that would seek to preempt state laws on artificial intelligence through lawsuits and by withholding federal funding, according to a...
Geely-linked car electronics maker eager to shed Chinese roots
Ecarx is in advanced discussions to combine with another Nasdaq-listed automotive-sensor company[HONG KONG] Ecarx Holdings, the Nasdaq-listed automotive electronics firm controlled by the founder of major Chinese automaker Geely,...
Shipping giants race to speed up China-Peru trade with new route
The ports of Callao and Chancay are only about 50 miles apart, or a few hours by truck, and both are close to Lima. [LIMA] Competition to accelerate maritime...
