Leadership
China oil products demand peaked in 2023, with decline to accelerate, researcher says
OIL products demand in China, long the driver of global crude consumption, peaked in 2023 and is projected to decrease by 1.1 per cent annually between 2023 and 2025,...
Top Malaysia coffee chain gets funding from buyout firm KV Asia
ZUS Coffee, Malaysia’s biggest coffee chain operator, raised RM250 million ($74.6 million) from a group of investors including buyout firm KV Asia Capital as it seeks to expand globally.The...
Singapore shares open higher on Tuesday; STI up 1.2%
SINGAPORE shares began Tuesday (Sep 10) trading in positive territory, mirroring overnight gains in global markets. As at 9.01 am, the Straits Times Index (STI) climbed 0.5 per cent or...
Biggest US banks’ capital hike chopped in half in latest plan by regulators
THE biggest US banks would face a 9 per cent increase in capital requirements – a dramatic retreat from the original plan – after regulators agreed to sweeping changes...
After TikTok, China biotech next to face wrath of US congress
CHINA hawks in the US House are working to overcome a last-ditch lobbying effort and pass legislation as early as on Monday (Sep 9) night that would blacklist Chinese...
US House passes bill to blacklist some China biotech firms
CHINA hawks in the US House overcame a last-ditch lobbying effort and passed legislation on Monday (Sep 9) night that would blacklist Chinese biotech companies and their US subsidiaries.The...
US House passes bill to blacklist some China biotech firms
CHINA hawks in the US House overcame a last-ditch lobbying effort and passed legislation on Monday (Sep 9) night that would blacklist Chinese biotech companies and their US subsidiaries.The...
Apple looks to entice iPhone 16 shoppers with not-quite-ready AI
APPLE introduced the latest version of its flagship device, the iPhone 16, betting it can entice consumers with modest hardware upgrades and artificial intelligence (AI) technology that’s still on...