News
YouTube says it will comply with Australia’s teen social media ban
The Australian ban is being closely watched by other jurisdictions considering similar age-based measures[SYDNEY] Google’s YouTube said that it will obey Australia’s world-leading ban on social media accounts for...
China can still meet US soybean pledge, traders say
[BEIJING] China is expected to step up US soybean purchases to meet a pledge to buy at least 12 million tonnes by the end of the year, according to...
Nike continues to shake up leadership team under CEO Elliott Hill
[NEW YORK] Nike is continuing to shake up its leadership team under chief executive officer Elliott Hill, who has been trying to get the company back on track and...
ESR weighs selling some China assets: sources
The logistics and industrial properties investor plans to appoint advisers to help it review options for the sale of the assets[HONG KONG] ESR Group is considering selling some of...
Waymo hits a dog in San Francisco, reigniting safety debate
A self-driving Waymo taxi hit a dog in San Francisco, reigniting a heated debate over autonomous vehicle safety just weeks after one killed a popular neighborhood cat.On Sunday, around...
Temasek-backed Xora Innovation leads US$46 million funding in Vinci
[SINGAPORE] Vinci, the brain behind a physics-driven artificial intelligence (AI) platform for hardware design and simulation, raised US$46 million in seed and Series A funding, it said on Tuesday...
Nomura CEO sees big growth phase in wealth and asset management
[TOKYO/YOKOHAMA] Nomura’s chief executive officer vowed to build on the company’s earnings revival by strengthening businesses across the board, ranging from wealth to asset management and dealmaking. “I believe we...
Citigroup faces US$5 million bill to transport its lead from Singapore
Citi plans to keep about 24,000 tons in Singapore, while 88,000 tons will likely go to Taiwan or Malaysia[LONDON] Citigroup will move most of its lead stocks from Singapore...
Buying the S&P 500 is an active bet on AI: BlackRock Investment Institute
The unprecedented AI boom is catalysing a mega structural change that impacts investing., the institute says[SINGAPORE] Just buying the S&P 500 is no longer a passive bet on US equities,...
Temasek-backed autonomous driving firm Momenta files for Hong Kong IPO: sources
The firm is joining a growing list of Chinese companies aiming to debut in the Asian financial hub[HONG KONG] Chinese autonomous driving developer Momenta has confidentially filed for a...
