Leadership
China’s SMIC may have violated US export curbs to make Huawei chip: US official
China’s top chipmaker SMIC, under sanctions by the US, may have violated US export regulations by producing a chip to power Huawei’s Mate 60 Pro phone, a senior Commerce...
Apple accused of monopolising smartphone markets in US antitrust lawsuit
THE US Department of Justice and 15 states on Thursday (Mar 21) sued Apple, alleging it used the powerful demand for its iPhone and other products to drive up...
Goldman Sachs raises US$700 million to co-invest with hedge funds
THE asset management arm of Goldman Sachs Group has raised about US$700 million for a new fund that invests side by side with hedge funds and private credit firms....
Sterling slips as BOE holds rates; Swiss franc tumbles after surprise SNB cut
STERLING fell after the Bank of England (BOE) on Thursday (Mar 21) kept its benchmark interest rate on hold as expected, while the Swiss franc fell to a multi-month...
Apple CEO Cook opens new Shanghai store in show of China commitment
APPLE chief executive officer Tim Cook opened an expansive new store in central Shanghai on Thursday (Mar 21), signalling his company’s commitment to China as a market and production...
CK Hutchison warns growth risks building after profit drops
CK HUTCHISON Holdings reported its steepest drop in profit since 2015 and struck a cautious tone for the year ahead as uneven growth and heightened geopolitical risks weigh on...
Wary of inflation, Taiwan central bank raises key rate in surprise move
TAIWAN’S central bank surprised markets by raising its policy rate on Thursday (Mar 21), wary of continued inflationary pressures and ahead of an expected rise in electricity prices next...
Taiwan central bank raises benchmark rate in surprise move
TAIWAN’S central bank surprised markets by raising its policy rate on Thursday (Mar 21), and also lifted its inflation forecast for the year as inflationary pressures persist. The central...
