Culture

South Korea bets US$150 billion on reviving troubled US shipbuilding to woo Trump
[SEOUL] South Korean President Lee Jae-myung is leaning on promises to “Make America Shipbuilding Great Again” during his first official US trip, as the two allies wrangle over other...

BYD ships first made-in-Thailand EVs to Europe
[CHONBURI] Just over a year after Chinese auto giant BYD invested nearly half a billion dollars in a new plant in Thailand’s Rayong province, the company has shipped its...

Korean Air announces 103 Boeing jet order amid Trump-Lee summit
Published Tue, Aug 26, 2025 · 07:21 AM[WASHINGTON] Korean Air announced an order on Monday for 103 Boeing airplanes coinciding with the visit of South Korean President Lee Jae...

US: Wall St opens lower as Powell-led momentum cools
Published Mon, Aug 25, 2025 · 09:41 PM[NEW YORK] Wall Street’s main indexes opened lower on Monday (Aug 25), retreating from the previous session’s gains when fed chair Jerome...

China’s Sinochem to sell two bankrupt refineries to local operators
[SINGAPORE] China’s state-run Sinochem Group will sell another two bankrupt refineries in eastern Shandong province to local refiners for much less than they are valued via auctions that closed...

Indonesia scraps coal pricing rules after pushback from buyers
Published Mon, Aug 25, 2025 · 03:30 PM[JAKARTA] Indonesia scrapped rules forcing miners to sell coal and minerals at government-determined levels after buyers pushed back against a system introduced...

Dongfeng Motor Group at near eight-year peak on privatisation plan
Regulators in Beijing have recently stepped up scrutiny of the intense competitionPublished Mon, Aug 25, 2025 · 11:07 AM[HONG KONG]Shares of Chinese state-owned automaker Dongfeng Motor Group surged 69.2...

Singapore-headquartered Mirxes to join Alibaba, Tencent on Hang Seng Composite Index
[SINGAPORE] Home-grown biotech firm Mirxes will join the Hang Seng Composite Index on Sep 8, the startup announced on Saturday (Aug 23). The Hang Seng Composite Index is a benchmark...

Goldman’s US$500 million Texas expansion takes shape in Dallas
[DALLAS] Goldman Sachs’ US$500 million bet on Texas is poised to put a stamp on the Dallas skyline. The storied investment bank’s new office complex is ascending out of...

Alphabet’s Waymo gets first permit to test autonomous vehicles in New York City
New York State law requires that a test vehicle operator be present at all times and be ready to assume control of the vehicle while the self-driving technology is...