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Surge AI is latest San Francisco startup accused of misclassifying its workers
Artificial intelligence training company Surge AI has been hit with a lawsuit alleging it has misclassified contractors hired to improve chat responses from AI software for some of the...
Contributor: Why is the GOP resisting Chinese investment in the U.S.?
The United States and China are locked in a standoff with no resolution in sight. The U.S. wants to reshore manufacturing, and China wants to sell its manufactured products...
US: Wall Street opens lower with focus on Trump’s tax Bill
Published Wed, May 21, 2025 · 09:42 PM[NEW YORK] Wall Street’s main indexes opened lower on Wednesday (May 21), as investors awaited the outcome of a pivotal debate around...
DBS’ Tan Su Shan ranked sixth in Fortune’s list of the most powerful women in business
[SINGAPORE] Tan Su Shan, chief executive officer of DBS, has been named the sixth most powerful woman in business in Fortune magazine’s 2025 100 Most Powerful Women in Business...
Microsoft-backed Builder.ai set for bankruptcy after cash seized
[LONDON] Builder.ai, the British artificial intelligence startup backed by Microsoft and the Qatar Investment Authority, is filing for bankruptcy after the chief executive officer said a major creditor had...
CATL’s 1.8-billion euro German plant boosts China’s invest-abroad bet
[SINGAPORE/BERLIN] More than two years ago on the outskirts of a medieval German town, China’s biggest EV battery company placed a 1.8-billion euro (S$2.6 billion) bet on the future...
Julius Baer faces US$156 million loan loss charge
[ZURICH] Julius Baer Group said it’s booking another large loss from property developments it helped finance, just as the Swiss wealth manager is emerging from a crisis triggered by...
Singapore’s ultra-rich among wealthy Asians snapping up property in Dubai
[SINGAPORE] Property cooling measures may have dampened housing demand here, but Singapore’s ultra-rich are among high net-worth individuals (HNWI) around the world that are flooding into Dubai.In the first...
Labubu maker Pop Mart flagged for global expansion potential; CGSI initiates coverage
[Hong Kong] CGS International (CGSI) has initiated coverage on Pop Mart’s stock with an “add” rating, citing the group’s transformation from a toy retailer to an intellectual property (IP)-centric...
Toyota takes all-hybrid plunge with its best-selling US vehicle
[DETROIT] Toyota Motor is scrapping the petrol-powered version of its best-selling vehicle in the US as the Japanese carmaker doubles down on its push into hybrids.The latest generation of...
