News
Alibaba risks deepening US$100 billion rout as turf war heats up
[HONG KONG] A protracted battle in China’s food-delivery market has chopped US$100 billion in market value from Alibaba Group Holding, with no end in sight for damage to profits...
Pimco sees Japan wooing capital as tariffs spur diversification
[SINGAPORE] Japan has emerged as a prime destination for global investors as the trade war triggers a reassessment of capital flows into the US, according to Pacific Investment Management...
Huawei seeks AI chip customers in Middle East, South-east Asia
[HONG KONG] Huawei Technologies is trying to export small quantities of artificial intelligence (AI) chips to the Middle East and South-east Asia, an effort to establish a foothold in...
Delta Air Lines offers upbeat outlook on travel demand, lifting shares
Published Fri, Jul 11, 2025 · 06:42 AM[NEW YORK] Shares of Delta Air Lines rocketed higher on Thursday after the carrier reported better-than-expected profits and reinstated its full-year forecast...
Temasek sees more opportunities in Europe after investing S$10b in the region last year
[SINGAPORE] Singapore’s state investor Temasek sees growing investment opportunities in Europe as the impact of trade tensions on the economic climate makes some companies more attractive in terms of...
Temasek sees more opportunities in Europe after investing S$10 billion in the region last year
[SINGAPORE] Singapore’s state investor Temasek sees growing investment opportunities in Europe as the impact of trade tensions on the economic climate makes some companies more attractive in terms of...
Cordlife offers enhanced support to clients affected by damaged tanks in Singapore
[SINGAPORE] Private cord-blood bank Cordlife will offer enhanced support to its customers who were affected by the November 2023 discovery of its damaged storage tanks.This includes a five-year extension...
Meta poached Apple’s AI engineer Pang with pay package over US$200 million: sources
[SAN FRANCISCO] Meta Platforms has made unusually high compensation offers to new members of its “superintelligence” team – including a more than US$200 million package for a former Apple...
eSIM platform Airalo raises US$220 million in new funding round, lifts valuation past US$1 billion
Company says this makes it the industry’s first unicorn; latest financing includes new investor CVC[SINGAPORE] eSIM platform Airalo has raised US$220 million in a financing round, valuing the company...
Opec trims oil demand for next four years
THE Organization of the Petroleum Exporting Countries (Opec) cut its global oil demand forecasts for the next four years on Thursday (Jul 10) as Chinese growth slows. This came...
