News

Malaysia says it plans to ban social media for under-16s from 2026
France, Spain, Italy, Denmark and Greece are also jointly testing a template for an age verification app[KUALA LUMPUR] Malaysia plans to ban social media for users under the age...
Lenovo stockpiling PC memory due to ‘unprecedented’ AI squeeze
The company will aim to avoid passing on rising costs to its customers in the current quarter, as it wants to sustain this year’s strong sales growth, according to...
Macquarie Asset Management offers US$7.5 billion for logistics firm Qube
The Australian logistics and shipping-containers’ operations span container leasing, car and grain cargo terminals, and road and rail transport services[SYDNEY] Macquarie Asset Management offered to buy Qube Holdings in...
China’s grip on copper sets scene for make-or-break supply talks
Tensions have been building for years, fuelled by a rapid expansion of metal-processing capacity that has outpaced mined production[BEIJING] A pricing mechanism underpinning the global copper-processing industry faces a...
Snap starts checking users ages before Australian under-16 ban
SNAP will start checking many users’ ages in Australia as it prepares for a world-first social media ban for under-16s next month.Snapchat account holders will be able to verify...
China’s Premier Li Qiang launches charm offensive on rare earths at G20
European nations have been hit hard by the Asian nation’s decision to require export licenses for metals with military purposesCHINA’S Premier Li Qiang came to the Group of 20...
BRC Asia H2 profit falls 5% to S$52.2 million 
[SINGAPORE] Steel solutions provider BRC Asia reported a 5 per cent decrease in net profit for the second half of the year to S$52.2 million, from S$55 million in...
Wingtech urges Nexperia to respond on control dispute as it appeals Dutch decision over ownership
The Dutch suspend their Nexperia intervention but but do not revoke the original Sep 30 ruling[AMSTERDAM/BEIJING] Chinese semiconductor company Wingtech on Sunday (Nov 23) has escalated its dispute with...
Investors eye holiday season turbulence amid AI and rate cut doubts
A crucial uncertainty set to dog markets in coming days is whether the Fed will cut rates at its Dec 9 to Dec 10 meeting[NEW YORK] Stock market investors...
World-beating stock rally creates new headaches in South Korean market
Up 61% so far in 2025, Kospi is on track to post their strongest gains in a quarter century[SEOUL] The words ‘Kospi 4,000’ have been glowing in gaudy yellow...
Making SGX small and mid-caps great again: MAS-appointed fund managers could lead charge
Many of 240 such stocks neglected despite robust fundamentals; nine funds named so far under S$5b scheme to energise local equity could spark re-rating[SINGAPORE] Singapore’s 240 small and mid-cap...
Meta buried ‘causal’ evidence of social media harm, US court filings allege
[SAN FRANCISCO] Meta shut down internal research into the mental health effects of Facebook and Instagram after finding causal evidence that its products harmed users’ mental health, according to...