Culture
Low-cost carrier model not dead, but may not work at every airport: Iata chief
[ad_1] [SINGAPORE] The budget airline model is not dead but it does not always work at every airport, said Willie Walsh, the director-general of the International Air Transport Association (Iata),...
Competition watchdog seeks public feedback on proposed takeover of Seaco parent by Stonepeak-backed entity
[ad_1] [SINGAPORE] The Competition and Consumer Commission of Singapore (CCCS) is seeking public feedback on the proposed acquisition of Global Sea Containers by an entity controlled by US investment firm...
CDL shares surge over 6% after Philip Yeo exits board
[ad_1] [SINGAPORE] Shares of City Development Limited (CDL) rose more than 6 per cent on Wednesday (Jul 16), after the property conglomerate said on Tuesday evening that Philip Yeo will...
Nvidia’s Huang says China’s open-source AI a ‘catalyst for progress’
[ad_1] [BEIJING] Nvidia CEO Jensen Huang called China’s open-source artificial intelligence a “catalyst for global progress” and hailed the country’s innovation in the sector as he addressed an expo in...
TikTok’s Chinese workers seek tax compensation for US relocation
[ad_1] [BEIJING] Some of TikTok’s Chinese employees are requesting company compensation for additional taxes incurred due to their relocation to the US, according to sources familiar with the matter.The workers...
Asia: Hong Kong stocks lifted by Nvidia rally
[ad_1] [HONG KONG] Tech firms led another rally in Hong Kong stocks Wednesday after US titan Nvidia said it would resume exports of key chips to China after Washington pledged...
Japan’s Nidec builds made-in-China EV motor to help Toyota catch rivals
[ad_1] [TOKYO] Japan’s Nidec is building an almost totally “made-in-China” electric vehicle (EV) motor to help Toyota Motor compete in the world’s largest auto market, according to chief executive officer...
Flying taxi CEO is billionaire again after stock’s 160% rally
[ad_1] [NEW YORK] Four years after a much-hyped Spac deal followed by a swift collapse, shares of flying taxi company Joby Aviation have rallied to an all-time high, lifting the...
Senior Fed official says it will take until autumn to see tariffs’ inflation effect
[ad_1] Published Wed, Jul 16, 2025 · 08:48 AMDALLAS Federal Reserve Bank President Lorie Logan said on Tuesday (Jul 15) that she expects it will take until the fall to...
Bessent suggests Powell should leave Federal Reserve board in May
[ad_1] [WASHINGTON] US Treasury Secretary Scott Bessent suggested that Federal Reserve chair Jerome Powell should step down from the central bank’s board when his term as chair is up in...
