Leadership
Taiwan’s TSMC says second quarter profit up 60%
The quarterly results follow Trump’s latest barrage of tariffs and renewed threats to impose levies on pharmaceutical products and chipsPublished Thu, Jul 17, 2025 · 02:22 PM — Updated...
China vows to address ‘irrational competition’ in EV sector
[BEIJING] China pledged to rein in “irrational competition” in its electric vehicle (EV) sector, reflecting authorities’ increasing urgency to tackle deflationary price wars threatening economic and industrial growth.The vow...
mm2 Asia evaluating all available options, including winding up Cathay Cineplexes
[SINGAPORE] Cathay Cineplexes parent company mm2 Asia said on Thursday (Jul 17) that it is evaluating all available options to address its financial challenges, including winding up the cinema...
City Energy launches app-free electric vehicle charging across Singapore, Malaysia
[SINGAPORE] City Energy’s electric vehicle (EV) charging arm, Go by City Energy, on Wednesday (Jul 16) introduced the first app-free EV charging experience in Singapore. The new “AutoCharge” system...
What is Laopu Gold? Its stock soared 2,000% and now it’s opened a store in Marina Bay Sands
[SINGAPORE] Up-and-coming Chinese jewellery label Laopu Gold has made waves in the past year with both consumers and investors alike. There has been rapidly rising demand for its offerings...
Walmart eliminates hundreds of store-support and training jobs
The company aims to staff the academies differently based on the needs and number of participants and plans to add some new rolesPublished Thu, Jul 17, 2025 · 11:27...
Scale AI to cut 14% of staff following Meta investment
[SAN FRANCISCO] Scale AI is laying off hundreds of employees from its data-labelling business, one-month after Meta Platforms invested US$14.3 billion in the startup and hired away its chief...
French prosecutors demand Fiat face trial in diesel scandal
Published Thu, Jul 17, 2025 · 10:50 AM[PARIS] French prosecutors have demanded Italian car maker Fiat face trial on fraud charges over the emissions-tampering scandal that struck German giant...
Gold dips as US dollar firms, Trump’s Powell remarks ease market jitters
Published Thu, Jul 17, 2025 · 10:22 AM[BENGALURU] Gold prices dipped in early Asian trade on Thursday (Jul 17), pressured by a firmer US dollar and easing market tensions...
ST Engineering unit, SP Group to sell joint venture for S$290 million to Singapore fund manager Seraya Partners
[SINGAPORE] ST Engineering Urban Solutions, a wholly owned subsidiary of ST Engineering, has entered into an agreement with national grid operator SP Group to divest their joint venture (JV)...