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Chinese producers of polysilicon, a building block for solar panels, are in talks to create a 50 billion yuan (S$8.9 billion) fund to acquire and shut down roughly a third of production…
Profits of Japanese firms are likely to fall this year because of US tariffs, leading them to downgrade capital expenditure plans, the central bank said on Friday (Aug 1), signalling…
As the clock ticks down to the 12:01 Aug. 1 deadline, shoe firms that produce in Mexico get a last-minute reprieve — but only for another 90 days. U.S. President Donald Trump had…
Despite the talk about the parameters for trade deals, firms largely remain in the dark as they scramble to adjust sourcing strategies amid an evolving tariff landscape. Second-quarter…
Financial officers representing 21 red states said Tuesday that if investment firms want to conduct business with their states, they need to confirm that their decisions are based on…
China’s artificial intelligence (AI) companies have announced two new industry alliances, aiming to develop a domestic ecosystem to reduce dependence on foreign tech as they seek to cope…
Tech firms huge and small will converge in Shanghai this weekend to showcase their artificial intelligence innovations and support China’s booming AI sector as it faces US sanctions.…
The S&P Global UK Composite Purchasing Managers’ Index (PMI) slowed to 51.0 points from 52.0 in June British business activity grew only weakly in July and employers cut jobs at…
A global attack on Microsoft server software used by thousands of government agencies and businesses to share documents within organisations is likely the work of a single actor, a…
Gold prices dipped in early Asian trade on Thursday (Jul 17), pressured by a firmer US dollar and easing market tensions after US President Donald Trump said it was “highly…
Many US firms passed along “at least a portion of cost increases” to consumers in recent weeks, as businesses faced higher prices linked to President Donald Trump’s tariffs, the Federal…
Where will the tariff sweep settle? No one knows yet what the way forward will be, but a likely double-digit percent tariff for all countries seems to be where rates are headed. Based on…
Two prominent U.S. senators have urged Nvidia CEO Jensen Huang to avoid meetings with Chinese companies suspected of undermining U.S. export controls during his planned visit to China. In…
A new logistics facility by Danish giant DSV will support the flow of goods across the Causeway, said Minister-in-charge of Energy and Science & Technology Tan See Leng on Wednesday (Jul…
China’s Shenzhen Stock Exchange has urged brokers to speed up applications for companies to list on the ChiNext board as officials seek to boost private enterprise and reignite the economy…
Synopsys, Cadence Design Systems and Siemens together control more than 70% of China’s EDA market Shares of Synopsys and Cadence Design Systems jumped in premarket trading on…
Getting out of China was probably the right move for firms against the specter of a 145 percent tariff rate, but the added costs will mean lower full-year profits. Most shoe firms pulled…
Two Chinese artificial intelligence chip startups are seeking to raise a combined 12 billion yuan (S$2.1 billion) in initial public offerings, hoping US curbs on advanced chip sales to…
Canada is rescinding taxes impacting US tech firms that had prompted Donald Trump to call off trade talks in retaliation, Ottawa said on Sunday, adding that negotiations with the…
Tech companies Google and Palo Alto Networks are sounding the alarm over the “Scattered Spider” hacking group’s interest in the aviation sector. In a statement posted on LinkedIn…
Meta Platforms is seeking to raise US$29 billion from private capital firms to build artificial intelligence (AI) data centres in the US, the Financial Times reported on Friday (Jun 27).…
The Monetary Authority of Singapore (MAS) has fined five major payment institutions a total of S$960,000 for breaches of its anti-money laundering and countering the financing of terrorism…
After a chastening crackdown that wiped billions off their value and forced top executives out of the public eye, China’s technology giants are back in favour and on the front foot, making…
The healthcare industry has many ills. The payer-provider disconnect creates confusion, limits access, and exacerbates inefficiencies. Doctor and nurse burnout has led to widespread…
