News

Chinese firms rush to buy Nvidia H20 AI chips as sales set to resume
[BEIJING/HONG KONG] Chinese firms are scrambling to buy Nvidia’s H20 artificial intelligence chips, two sources told Reuters, as the company said it planned to resume sales to the mainland...
Indonesia looking at levy on coal exports to boost state coffers
Prabowo Subianto’s administration has been rolling out an array of revenue-boosting measures to fund the president’s big-ticket spending plansPublished Tue, Jul 15, 2025 · 12:03 PM[JAKARTA] Indonesia, the world’s...
Thailand to name Vitai Ratanakorn as central bank chief, reports say
[BANGKOK] Thailand is poised to name veteran banker Vitai Ratanakorn as the next governor of the central bank, local media reported ahead of a Cabinet meeting likely to endorse...
FCT extends Northpoint City South Wing management by a year
The automatic renewal follows the March acquisition of the mall’s South Wing.Published Tue, Jul 15, 2025 · 10:28 AM[SINGAPORE] The manager of Frasers Centrepoint Trust announced on Monday (Jul...
China Medical System surges 6% at the open with its secondary listing on SGX
[SINGAPORE] Shares of China Medical System (CMS) jumped 6 per cent at market open with its secondary listing made on the mainboard of the Singapore Exchange (SGX) on Tuesday...
Global EV sales jump 24% in June though North American market struggles: research firm
GLOBAL sales of electric and plug-in hybrid vehicles jumped 24 per cent in June from a year ago, as a switch to electric vehicles maintained momentum in China and...
Boeing’s triple China deliveries sign of easing trade tensions
Published Tue, Jul 15, 2025 · 08:15 AM[HONG KONG] Chinese airlines took delivery of three Boeing aircraft on Sunday (Jul 13), a rare same-day triple handover that points to...
Federal Reserve’s Powell asks watchdog to take fresh look at renovation project: Politico
Published Tue, Jul 15, 2025 · 07:16 AM[WASHINGTON] US Federal Reserve Chair Jerome Powell has asked the Fed board’s inspector general to take a fresh look at the project...
Oil falls as Trump gives Russia 50 days to avoid new sanctions
[NEW YORK] Oil prices settled down on Monday by more than US$1, as investors weighed new threats from US President Donald Trump for sanctions on buyers of Russian oil that may affect global...
Zuckerberg says Meta will invest hundreds of billions in superintelligence
Published Mon, Jul 14, 2025 · 11:48 PM[SAN FRANCISCO] Mark Zuckerberg said on Monday (Jul 14) that Meta Platforms would spend hundreds of billions of US dollars on computing...
US: Wall Street opens mixed as investors digest fresh tariff threats
Published Mon, Jul 14, 2025 · 09:43 PMWALL Street’s main indexes opened mixed on Monday (Jul 14) as investors digested President Donald Trump’s latest tariff threats against the European...
BOJ finishes offloading bank stocks, bringing focus to ETFs
[TOKYO] The Bank of Japan (BOJ) finished selling millions of US dollars of stocks it bought from besieged banks during a domestic banking crisis in the early 2000s and...