Business
Xiaomi billionaire touts SUV, Chinese chip in tech showcase
Xiaomi’s billionaire founder outlined plans for its first SUV and top-end gadgets with self-developed mobile chips, showcasing ambitions…
Section
Business
Business
BYD beats Tesla in Europe for first time with 169% sales surge
sold more electric vehicles in Europe than Tesla for the first time, overtaking the American brand that’s long led the continent’s EV…
Business
Yangzijiang Shipbuilding order wins dip to US$0.3 billion
This is down from US$3.3 billion in the year-ago period, but vessel deliveries remain on track Marine vessel manufacturer Yangzijiang…
Business
Rajeev Mittal appointed CEO of Prudential’s asset management arm
Rajeev Mittal will lead Prudential’s asset management business, Eastspring Investments, from Jul 1. He will replace Bill Maldonado, who…
Business
Apac family offices favour developed market equities, bonds: UBS report
Family offices (FOs) in the Asia-Pacific favoured equities and bonds from developed markets in 2024 and plan to increase their strategic…
Business
Public Schools Robbed Children of Learning and Earnings. They Should Pay Kids Back
A national effort to compensate Americans affected by prolonged pandemic-era public school closures and other education policy failures is…
Business
Singapore shares slide in tandem with regional bourses and Wall Street
Decliners beat gainers 288 to 178 across the broader Singapore market, with 1.1 billion of securities valued at S$1.4 billion changing…
Business
Singapore shares slide in tandem with regional bourses and Wall Street; STI drops 0.1%
Decliners beat gainers 288 to 178 across the broader Singapore market, with 1.1 billion securities valued at S$1.4 billion changing hands…
Business
Changi Airport Group full-year net profit doubles to S$841 million
Changi Airport Group (CAG) saw its net profit almost double to S$841 million for the full year ended Mar 31, up from S$431 million in the…
Business
What Casey Means and MAHA Want You to Fear
If you close your eyes and imagine an up-from-the-bootstraps embodiment of boomer triumphalism—the ambitious young technocrat of a systems…
Business
Footage of assault predates latest India-Pakistan conflict
A video of a transgender woman being dragged to a car and beaten has resurfaced in posts falsely claiming it shows a Pakistani woman being…
Business
CGSI downgrades Delfi, cuts target price as high cocoa prices sour sentiment
CGS International (CGSI) has downgraded its recommendation on chocolate confectioner Delfi to “hold”, from “add” previously, and slashed…
Business
Power Grid Corp Of India Ltd (BOM:532898) Q4 2025 Earnings Call Highlights: Strong Financial ...
Revenue (Standalone Q4): INR 12,082 crore. Profit After Tax (Standalone Q4): INR 4,336 crore. Revenue (Consolidated Q4): INR 12,591 crore.…
Business
Citi launches AI tools for Hong Kong employees
GROUP has launched Citi AI, a suite of artificial intelligence (AI) tools for its employees in Hong Kong, the bank said on Thursday. The…
Business
Lenovo reports 64% profit decline in fourth quarter
China’s Lenovo, the world’s largest personal computer manufacturer, on Thursday reported a worse-than-expected 64 per cent fall in…
Business
Goldman Sachs combines Asia investment banking units, names Drayton APAC head
Goldman Sachs is bringing together previously separately-managed three Asian investment banking businesses into one unit to integrate its…
Business
Cole Haan to Get Into Performance Apparel Through a License With Catapult Group
Cole Haan is jumping feet first into the performance apparel space. The footwear brand has signed a licensing deal with Catapult Group to…
Business
Former central bank deputy governor to head Bank of China: sources
China will appoint financial veteran Liu Guiping as chairman of Bank of China (BOC), the nation’s fourth-largest state-owned bank, two…
Business
Luxury Footwear Brand Moreschi Acquired by Fellow Italian Label and British Fund
Storied Italian luxury footwear brand Moreschi has found a pair of white knights. Glam Srl, the company behind the Superglamourous shoe…
Business
CPF Special, MediSave and Retirement Accounts’ interest rate remains at 4% for Q3 2025
The interest rate for the Central Provident Fund’s (CPF) Special, MediSave and Retirement Accounts (SMRA) will remain at 4 per cent per…
Business
JPMorgan sees broad-based recovery, more interest in China
JPMorgan Chase is seeing a broad-based recovery in China and growing interest from foreign investors seeking to diversify, as the global…
Business
JPMorgan is long-term in China despite pressure, Dimon says
JPMorgan Chase chief executive officer Jamie Dimon said his firm is committed to long-term investments in China, despite tension between…
Business
Private credit funds target billions in retail demand from Asia
From Singapore to Japan and Australia, fund managers in Asia are looking to unlock billions of US dollars for private credit from the last…
Business
Bank of Japan policymaker rules out intervention to stem bond yield spike
Bank of Japan board member Asahi Noguchi said on Thursday (May 22) he saw no need for the central bank to intervene in the bond market to…