Culture
GIC, SoftBank are said to weigh selling stake in fintech VNLife
The Vietnamese fintech firm has a presence in Vietnam, Singapore, Myanmar and Cambodia [HONG KONG] GIC and SoftBank Vision Fund are considering selling their stakes in Vietnamese fintech firm...
Hidden inflation drives Japan consumers to price-tracking sites
Shoppers in the island nation are facing higher living costs for the first time since the burst of an asset bubble in the early 90s ushered in decades of...
VW unveils affordable EVs to take on Chinese rivals
Volkswagen has made considerable cost savings on the cars by sharing technology across the different models[MUNICH] Europe’s top car manufacturer Volkswagen on Monday (Sep 8) presented a series of...
Thailand vows to curb baht swings as currency hits 4-year high
[BANGKOK] Thailand’s central bank vowed to take steps to ease baht volatility and limit the influence of gold prices after the local currency rallied to a four-year high.The baht...
Cosco Shipping Holdings and Orient Overseas (International) could be hit by over US$2.1 billion in US port fees: HSBC
[SINGAPORE] Chinese lines Cosco Shipping Holdings and Orient Overseas (International) could be hit by US port fees amounting to more than US$2.1 billion in 2026, a report by HSBC...
mm2 Asia Malaysia unit gets RM1.3 million payment demand from Antenna Entertainments
[SINGAPORE] Media company mm2 Asia on Friday (Sep 5) announced that its subsidiary in Malaysia, MM2 Screen Management, received a payment demand of around RM1.3 million (S$396,000) from Antenna...
Mercedes keeps ‘value over volume’ approach in tough Chinese market
The German luxury automaker and its European peers are currently awaiting a lowering of US auto import tariffs to 15% from 27.5%Published Mon, Sep 8, 2025 · 06:16 AM[MUNICH]...
Nasdaq 100 gains as weak labour data fuels rate-cut bets
THE Nasdaq 100 rose on Thursday (Sep 4), closing 218.17 points, or 0.93 per cent higher, at 23,633.01, as investors digested weaker-than-expected labour market data ahead of Friday’s closely...
From vision to action: Global Asia Insurance Partnership’s new CEO targets greater coverage in Asia
[SINGAPORE] As the Global Asia Insurance Partnership’s (GAIP) new chief executive officer, Cheng Min Hung is on a mission to tackle one of the region’s most pressing challenges: a...
Bank of America sees two US Fed rate cuts this year vs none before
[NEW YORK] Economists at Bank of America forecast two US Federal Reserve interest-rate cuts this year, in September and December, based on weak August employment data, scrapping what had...
