Fashion
From banks to tech: Job cuts and layoffs for 2025
[ad_1] [SINGAPORE] In 2025, a growing number of corporations globally have announced job cuts, as macroeconomic pressures, restructuring efforts, and shifting strategies force companies to trim their workforces.Here are some...
China raises quota for foreign investment, ending 13-month pause
[ad_1] The QDII programme allows local institutional investors who meet certain conditions to buy foreign securities, bonds, and commodities within their prescribed limitPublished Tue, Jul 1, 2025 · 01:42 PM[BEIJING]...
Chinese automakers grab record hybrid market share in Europe
[ad_1] [LONDON] Chinese automakers continued to expand their European foothold in May, capturing the highest share ever of hybrid-car sales and the biggest slice of the electric vehicle (EV) market...
Chinese money fires up Hong Kong shares
[ad_1] [SHANGHAI/HONG KONG] Chinese investors are piling into Hong Kong shares lured by lower valuations and the city’s strategic position in China’s growing rivalry with the United States.A record US$90...
PwC Singapore appoints 11 new partners across different practices
[ad_1] [SINGAPORE] PwC Singapore has named 11 new partners as it responds to increasing demand for industry-focused advice and cross-border capabilities.The appointments spanned a wide range of sectors, including financial...
South Korea wealth fund to boost bets on AI startups, eyes China tech
[ad_1] [SEOUL] South Korea’s sovereign wealth fund plans to increase allocations to tech startups and venture capital funds (VCs) as part of its broader push to deepen exposure to artificial...
Sydney flights disrupted by heavy rain and winds, flood alert raised
[ad_1] Published Tue, Jul 1, 2025 · 09:32 AM[SYDNEY] Strong winds and heavy rain led airlines to cancel many domestic flights from Sydney on Tuesday as Australia’s weather bureau warned...
Stocks to watch: CDL, UMS Integration, Capital World
[ad_1] [SINGAPORE] The following companies saw new developments that may affect trading of their securities on Tuesday (Jul 1): City Developments Ltd (CDL): Its Singapore-based subsidiary, Millennium Hotels and Resorts,...
Struggling semiconductor firm Wolfspeed files for bankruptcy
[ad_1] [NEW YORK] Wolfspeed, a chipmaker caught in US President Donald Trump’s push to reshape Biden-era tech subsidies, filed bankruptcy to enact a creditor-backed plan to slash US$4.6 billion in...
Zuckerberg debuts Meta ‘superintelligence’ group, more hires
[ad_1] [SAN FRANCISCO] Meta Platforms chief executive officer Mark Zuckerberg announced a major restructuring of the company’s artificial intelligence (AI) group, including a commitment to developing AI “superintelligence”, or systems...
