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SGX-listed China carmaker Nio to make South-east Asia debut in Singapore
Mainboard-listed China electric vehicle (EV) manufacturer Nio has taken a step closer to a South-east Asia debut with the appointment of…
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China
Business
Watchmaker Swatch apologises for ‘slanted eye’ ad after online backlash in China
The criticism over the advert is the latest setback for the watchmaker whose shares have fallen by more than half since early 2023 and now…
Business
A2 Milk to buy New Zealand formula plant to target China growth
The company forecasts high single-digit per cent increase in revenue in the 2026 full year A2 Milk has agreed to buy a New Zealand infant…
Business
Jollibee posts record sales as China business recovers
Top Philippine restaurant operator says net income rises 5.6% to 3.2 billion pesos in April-to-June quarter Top Philippine restaurant…
Business
China Aviation Oil H1 profit rises 18% to US$50 million on higher gross profit and associates’ share of results
Asia-Pacific’s largest physical jet fuel buyer China Aviation Oil (CAO) posted a net profit of US$50 million for the first half of its…
Business
China Aviation Oil H1 profit rises 18.4% to US$50 million on higher gross profit and associates’ share of results
Asia-Pacific’s largest physical jet fuel buyer China Aviation Oil (CAO) posted a net profit of US$50 million for the first half of its…
Business
Starbucks struggles to find a new identity in cutthroat China
When a group of private equity investors and Chinese technology companies were asked for ideas on how they would revive Starbucks’s…
Business
Starbucks struggles to find a new identity in cut-throat China
When a group of private equity investors and Chinese technology companies were asked for ideas on how they would revive Starbucks’s…
Business
US chip-gear maker sued in China over alleged trade secret theft
Top US chip-equipment supplier Applied Materials was sued by a rival in China over what that company characterised as trade secret theft,…
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US embeds trackers in AI chip shipments to catch diversions to China: sources
US authorities have secretly placed location tracking devices in targeted shipments of advanced chips they see as being at high risk of…
Business
China urges firms not to use Nvidia H20 chips in new guidance
China has urged local companies to avoid using Nvidia’s H20 processors, particularly for government-related purposes, complicating the…
Business
China urges firms to avoid Nvidia H20 chips after Trump resumes sales
China has urged local companies to avoid using Nvidia’s H20 processors, particularly for government-related purposes, complicating the…
Business
DBS China signs MOU with two other parties to advance carbon credit trading
DBS China on Tuesday (Aug 12) signed a memorandum of understanding with a subsidiary of China-Singapore Suzhou Industrial Park Development…
Business
China Everbright Water H1 net profit slips 3% to HK$563.8 million on revenue decline
Dual-listed China Everbright Water on Tuesday (Aug 12) posted net profit of HK$563.8 million (S$92.4 million) for the six months ended Jun…
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Trump open to Nvidia selling scaled-back Blackwell to China
US President Donald Trump signalled on Monday (Aug 11) that he’d be open to allowing Nvidia to sell a scaled-back version of its most…
Business
US: Wall St opens flat as chip stocks dip on China sales deal
Wall Street’s main indexes opened flat on Monday (Aug 11) as major chip companies slipped on the eve of a key tariff deadline after a…
Business
Lithium prices and stocks jump after CATL halts major China mine
Chinese lithium prices and shares of Australian-listed producers of the metal jumped after Contemporary Amperex Technology Co Limited…
Business
China reshuffles soy trade to counter local glut and US tensions
China has long worried about its shortage of soybeans, solidifying its status as the world’s biggest buyer to the benefit of farmers from…
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CATL suspends output at China lithium mine for three months
Battery giant Contemporary Amperex Technology Co Limited (CATL) has suspended production at a major lithium mine in China’s Jiangxi…
Business
Nvidia, AMD to pay 15% of China chip sale income to US: report
Nvidia and Advanced Micro Devices (AMD) agreed to pay 15 per cent of their revenues from chip sales to China to the US government as part…
Business
Nvidia, AMD agree to pay US 15% of China chip sale revenue
Nvidia and Advanced Micro Devices (AMD) agreed to pay 15 per cent of their revenues from chip sales to China to the US government as part…
Business
Nvidia, AMD agree to pay US 15% of China AI chip sales in unusual move
Nvidia and Advanced Micro Devices (AMD) agreed to pay 15 per cent of their revenues from Chinese AI chip sales to the US government in a…
Business
Nvidia H20 chips not safe for China: state media
The chips could achieve functions including “remote shutdown” through a hardware “backdoor”, according to the article Nvidia’s H20 chips…
Business
US licenses Nvidia to export chips to China, official says
The commerce department has started issuing licences to Nvidia to export its H20 chips to China, a US official told Reuters on Friday (Aug…