News
Toyota meets “aggressive” Apac entry of China carmakers with more EVs – but also combustion engines
[SINGAPORE] Facing fierce regional competition from Chinese carmakers, Japanese automotive giant Toyota is banking on a strategy of continuing to offer combustion engine cars alongside ramped-up electric vehicle (EV)...
Deutsche Bank sees more China clients moving out of US assets
The outlook for European markets has improved due to Germany’s approval of a landmark spending package and scope for more interest-rate cuts by the European Central BankPublished Fri, Apr...
Apple’s China smartphone shipments slide 9% in first quarter
The government subsidies for smartphones and some other consumer electronics refund consumers 15 per cent of products with a sticker price under 6,000Published Fri, Apr 18, 2025 · 12:43...
Asia: Markets mixed as traders track tariff talks
[HONG KONG] Asian markets were mixed in holiday-thinned trade on Friday (Apr 18) as investors keep tabs on countries’ tariff talks with the White House, while Donald Trump’s remarks...
Adani to sell Australian terminal to his port firm in stock deal
More than 30 million tonnes of thermal and metallurgical coal are exported annually through the terminalPublished Fri, Apr 18, 2025 · 10:48 AM[MUMBAI] Billionaire Gautam Adani will transfer ownership...
Trump signals tit-for-tat China tariffs may be near end; TikTok deal on ice
[WASHINGTON] US President Donald Trump on Thursday (Apr 17) signalled a potential end to the tit-for-tat tariff hikes between the US and China that shocked markets, and that a...
Intel CEO Lip-Bu Tan flattens leadership structure, names new AI chief: memo
[SAN FRANCISCO] Intel’s new CEO, Lip-Bu Tan, is flattening the semiconductor giant’s leadership team, with important chip groups reporting directly to him, according to a memo from Tan seen...
Nvidia CEO visits Beijing after US bars chip sales to China
[HONG KONG] Nvidia chief executive officer Jensen Huang arrived in Beijing on Thursday (Apr 17), shortly after the Trump administration barred the company from selling H20 artificial intelligence (AI)...
Congressmen sound alarm over data privacy following 23andMe bankruptcy
Three congressmen from the House Committee on Energy and Commerce are raising concerns over data privacy weeks after the genetic testing company 23andMe filed for bankruptcy, putting millions of...
Google held a monopoly in online ad tech, U.S. judge finds
In another major legal blow to Google, a federal judge on Thursday ruled that the search giant held an illegal monopoly over some advertising technology.Judge Leonie Brinkema of the...
