News
Tencent Music in talks to buy Ximalaya for US$2.4 billion
Published Fri, Apr 25, 2025 · 09:02 PM[BEIJING] Tencent Music Entertainment Group is in advanced talks to buy Chinese podcasting startup Ximalaya in a US$2.4 billion deal that would...
China’s Didi recruits ride-hailing drivers in Hong Kong push
[HONG KONG] China’s Didi Global is quietly recruiting new drivers in Hong Kong as it looks to grow outside of mainland China.
The move sets the Chinese ride-hailing pioneer up...
BYD first-quarter profit soars, beating Tesla on another metric
[HONG KONG] BYD’s net income in the first quarter jumped to 9.15 billion yuan (S$1.7 billion), overtaking Tesla on another key metric and signalling a robust start to the...
Seatrium chief financial officer resigns, to be replaced by strategy EVP
Current CFO Adrian Teng is leaving to pursue personal interests, with Stephen Lu taking up the role[SINGAPORE] Seatrium has appointed Stephen Lu, its executive vice-president (EVP) for strategy, as...
Apple aims to build most iPhones for US in India by end-2026
[NEW DELHI] Apple is seeking to import most of the iPhones it sells in the US from India by the end of next year, accelerating a shift beyond China...
China’s Baidu says its Kunlun chip cluster can train DeepSeek-like models
Published Fri, Apr 25, 2025 · 02:22 PM[BEIJING/SHANGHAI] China’s Baidu has successfully “illuminated” a cluster comprising 30,000 of its self-developed, third-generation P800 Kunlun chips, which can support the training...
Keppel Infrastructure Trust downgraded to ‘hold’; Mapletree Logistics Trust ‘buy’ call maintained: DBS
[SINGAPORE] Analysts from DBS Group Research are mixed on some real estate investment trusts (Reits) this earnings season – where they have kept their “buy” rating on logistics-focused Mapletree...
HSBC launches wealth centre at Star Vista, seeks to deepen local wealth banking network
[SINGAPORE] HSBC Singapore has launched its newest wealth centre in Singapore at The Star Vista mall in Buona Vista, marking the second of three planned sites as the bank...
Hongkong Land to sell 147,025 sq ft of One Exchange to HKEX, launch share buyback programme
[SINGAPORE] Property group Hongkong Land will sell 147,025 square feet (sq ft) of One Exchange Square to Hong Kong’s stock exchange operator for HK$6.3 billion (S$1.1 billion) and launch...
Hongkong Land to sell 147,025 sq ft of One Exchange to HKEX, and launch share buyback programme
[SINGAPORE] Property group Hongkong Land will sell 147,025 square feet (sq ft) of One Exchange Square to Hong Kong’s stock exchange operator for HK$6.3 billion (S$1.1 billion), and launch...
