Culture
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...
Starbucks throttles operations at US coffee plants to curb costs
[CHICAGO] The Starbucks plants that roast and package the company’s coffee beans in the US are cutting two days of weekly production as part of management’s efforts to cut...
Apple explores using Google Gemini AI to power revamped Siri
[LOS ANGELES] Apple is in early discussions about using Google Gemini to power a revamped version of the Siri voice assistant, marking a key potential step towards outsourcing more...
Apple claims ex-employee, China’s Oppo stole trade secrets
[HONG KONG] Apple accused smartphone maker Oppo in a lawsuit of poaching a highly paid member of the Apple Watch team and encouraging him to steal trade secrets for...
China’s Longi Green narrows loss as solar installations surge
Chinese authorities have amped up their rhetoric against so-called involution, pledging to put an end to the ruinous competition that bedevils a number of Chinese industriesPublished Sat, Aug 23,...
US Fed’s Alberto Musalem says more data is needed to decide whether a September rate cut is warranted
[JACKSON HOLE, Wyoming] St Louis Fed president Alberto Musalem said on Friday (Aug 22) that he will need more data before deciding to support a rate cut at the...
Visa closes US open-banking unit as data fight heats up: source
Open banking has gained traction in Europe, where regulators required banks to share data with licensed third parties, but the US lacks such rules, leaving adoption to private agreementsPublished...
