News
TSMC eyes smaller tech gap between US and Taiwan chipmaking fabs
The company is accelerating the buildout of its capacity in Arizona due to strong demand[TAIPEI] Taiwan Semiconductor Manufacturing Company (TSMC) will try to accelerate the transfer of its advanced...
Beijing warns carmakers as price war escalates
CHINESE regulators summoned executives from major new-energy vehicle (NEV) makers this week, demanding an end to excessive competition just as a fresh round of price cuts was set to...
Japan’s Katayama says all options open on yen, including joint action with US
[TOKYO] Japanese Finance Minister Satsuki Katayama said on Friday Tokyo would not rule out any options to counter excessive foreign exchange volatility, including coordinated intervention with the US, as...
Mandarin Oriental to delist from SGX on Jan 20 following successful privatisation
[SINGAPORE] Mandarin Oriental will be delisted from the Singapore Exchange (SGX) on Jan 20, 2026, the luxury hotel group announced on Friday (Jan 16). The voluntary delisting follows the...
Australian dollar holds ground as US dollar firms, eyeing small weekly gains
THE Australian dollar held its ground on Friday, lifted by a rebound in global stocks and unfazed by a firmer US dollar on the back of growing expectations that...
Singtel-owned NCS names Sam Liew as CEO as Ng Kuo Pin steps down
[SINGAPORE] Singtel’s subsidiary NCS on Friday (Jan 16) announced that Ng Kuo Pin will step down as chief executive officer on Apr 1 after seven years in the role.Replacing...
Seatrium end-customer gets reprieve after judge rejects Trump’s wind farm ban
The wind farms are collectively worth US$25 billion according to an offshore wind advocacy group[WASHINGTON] US President Donald Trump’s attempts to torpedo offshore wind farms suffered a second blow...
US asks allies to step up measures on Chinese minerals
America has been pressing some European Union member states to sign bilateral memorandums of understanding[NEW YORK] The US will convene dozens of foreign ministers from allied countries next month...
Bank of Japan is said to heighten focus on price impact of weak yen
A fall in the local currency increases inflationary pressures via the higher cost of imports, while it boosts exporters’ profits[TOKYO] Bank of Japan (BOJ) officials are paying increasing attention...
Oil settles down 4% as Trump comments ease Iranian supply concerns