News
Australia aims to avoid Panama repeat in China port showdown
[CANBERRA] Prime Minister Anthony Albanese is confronting a fresh diplomatic dilemma with China: How to fulfil a pledge to regain control of a strategic port without jeopardising improved relations...
Sembcorp unit wins solar energy project to supply 150 MW of power in India
[SINGAPORE] Sembcorp Industries’ wholly owned renewables subsidiary, Sembcorp Green Infra, was awarded a solar energy storage hybrid project by SJVN, an Indian state-owned power company. Sembcorp Green Infra will...
Gold touches over one-week low after US court blocks Trump’s tariffs
Published Thu, May 29, 2025 · 09:32 AM[BENGALURU] Gold hit a more than one-week low on Thursday (May 29), as the US dollar rallied and risk sentiment improved after...
CapitaLand Ascendas Reit raises S$500 million from private placement of 202 million shares at S$2.47 each
Proceeds will help fund S$700 million purchase of Tai Seng data centre, Science Park building [SINGAPORE] CapitaLand Ascendas Real Estate Investment Trust (Clar) has raised S$500 million from a...
Hong Kong, Saudi bourses seek deeper ties to spur trading volume
[HONG KONG] Hong Kong and Saudi Arabia are ramping up efforts to boost trading activity as inflows to their exchange-traded funds (ETFs) wane and cross-listings fail to materialise.Hong Kong...
Chevron to cut nearly 800 jobs in Texas
Published Thu, May 29, 2025 · 08:23 AM[HOUSTON] Chevron will lay off nearly 800 employees in Texas, according to a notice on Wednesday to the Texas Workforce Commission, part...
Chevron to cut 200 jobs in Texas
Published Thu, May 29, 2025 · 08:23 AM — Updated Fri, May 30, 2025 · 07:22 AM[HOUSTON] Chevron will lay off 200 employees in Texas, according to figures from...
China’s Honor developing humanoid robots in US$10 billion AI plan
The company is building its own agentic AI services that will be integrated into its software for smartphones and other devicesPublished Thu, May 29, 2025 · 07:27 AMHONOR Device,...
Tesla targets June 12 launch of robotaxi service in Austin
[SAN FRANCISCO] Tesla is poised to begin its long-awaited robotaxi service in Austin on Jun 12, according to a source familiar with the matter, a milestone in Elon Musk’s...
US curbs chip design software, chemicals, other shipments to China
[WASHINGTON] The United States has ordered a broad swathe of companies to stop shipping goods to China without a licence and revoked licences already granted to certain suppliers, said...
