Culture

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...

Disney races to keep promises made in launch of ESPN online
[NEW YORK] Three weeks after ESPN launched an online version of its pay-TV network, parent Walt Disney is racing to cut deals with cable providers so viewers can see...

China joins big oil in opposition to Trump’s biofuel proposal
[NEW YORK] US oil refiners have found an unlikely ally in their opposition to US President Donald Trump’s proposed changes to biofuel policy: China.A plan to slash incentives for...