News
Uber teams up with Baidu to start robotaxi trials in UK
Global robotaxi rollouts are accelerating, with Chinese companies and Alphabet’s Waymo leading the charge [HONG KONG] Uber Technologies said that it’s teaming up with Baidu to trial driverless taxis...
Asia: Markets rally with Wall Street as rate hopes rise, AI fears ease
ASIAN markets rallied on Monday and gold hit a record high as the latest round of US data boosted hopes for more interest rate cuts, while worries over AI...
Uniqlo’s owner boosts new graduate pay as Japan faces inflation
UNIQLO owner Fast Retailing will raise base salaries for new graduates in Japan by as much as 12 per cent, stepping up efforts to secure and retain talent as...
China consumer shares hit record losing streak on weak demand
[BEIJING] Chinese consumer stocks are headed for their longest-ever stretch of annual underperformance, and analysts expect the trajectory to continue amid a sluggish economy and policy uncertainty.A gauge of...
Li Ka-shing is remaking his empire as a generational shift looms
[HONG KONG] Li Ka-shing and his family set in motion a series of deals this year that stand to completely transform his business empire.The Hong Kong billionaire’s flagship conglomerate,...
Seatrium, Maersk resolve contract dispute with giant line to pay US$360 million upon vessel delivery
[SINGAPORE] Offshore, marine and energy specialist Seatrium has reached an agreement with buyer Maersk Offshore Wind’s affiliate Phoenix II, for the latter to pay the balance of the contract...
Seven & i’s IPO of US arm hinges on faster turnaround, CEO says
[TOKYO] Seven & i Holdings’ chief executive is pressing its US convenience-stores business to deliver a faster turnaround as the retailer seeks a public listing of the unit to...
Emerging markets bring high hopes for 2026 after stellar year
This year’s capital rush into the sector is a sign more investors are allocating to a sector that’s been out of favour after years of lacklustre performance[LONDON] Emerging markets...
US still in pursuit of third oil tanker in Venezuela blockade
THE US is still in pursuit of a third oil tanker near Venezuela, according to a US official, as President Donald Trump intensifies an oil blockade on Nicolás Maduro’s government. The Bella...
AI model developer MiniMax passes Hong Kong stock exchange listing hearing
CHINESE artificial intelligence (AI) startup MiniMax has passed a Hong Kong stock exchange listing hearing, according to a stock exchange filing on Sunday (Dec 21), with sources having earlier...
