Leadership

China EV battery giant CATL’s Hong Kong IPO positive for mainland listings: Morningstar
China EV battery giant CATL’s Hong Kong IPO positive for mainland listings: Morningstar
May 20, 2025
[SINGAPORE] Chinese electric vehicle battery maker Contemporary Amperex Technology Company Limited (CATL) seemed poised for a winning start in its Hong Kong IPO (initial public offering) on Tuesday (May...
Local building boom will fuel growth, says top Vietnam steelmaker
Local building boom will fuel growth, says top Vietnam steelmaker
May 20, 2025
[HANOI] Vietnam’s top steelmaker Hoa Phat Group is counting on the nation’s rising economic growth and massive infrastructure projects from railways to seaports to fuel the company’s expansion and...
FAA investigating after Newark air traffic control suffered two-second outage
FAA investigating after Newark air traffic control suffered two-second outage
May 19, 2025
Published Tue, May 20, 2025 · 07:59 AMTHE Federal Aviation Administration said the facility that handles Newark air traffic on Monday lost radio frequencies for about two seconds, the...
Angry taxi drivers battle Paris police over fare change
Angry taxi drivers battle Paris police over fare change
May 19, 2025
Published Tue, May 20, 2025 · 06:49 AM[PARIS] Taxi drivers set alight wooden pallets and tyres in central Paris on Monday and police fired tear gas amid nationwide protests...
Actors’ union sues ‘Fortnite’ over AI Darth Vader
Actors’ union sues ‘Fortnite’ over AI Darth Vader
May 19, 2025
[LOS ANGELES] An actors’ union is suing the makers of the Fortnite video game over the use of AI to create an interactive Darth Vader, it said on Monday.Fortnite...
Europe: Stocks subdued as corporate news outweighs US credit downgrade
Europe: Stocks subdued as corporate news outweighs US credit downgrade
May 19, 2025
EUROPEAN stocks closed flat on Monday, following a five-week winning streak, as declines from a surprise US credit rating downgrade were offset by upbeat corporate updates.The pan-European Stoxx 600 index...
Nike lays off some workers in shakeup of technology division
Nike lays off some workers in shakeup of technology division
May 19, 2025
Efforts to recapture growth by refocusing on sports and wholesale channels have been complicated by US President Donald Trump’s trade war and uneven spending by US consumersPublished Tue, May...
US tariff wall to hurt S-E Asia petrochemical players as excess products flood the region
US tariff wall to hurt S-E Asia petrochemical players as excess products flood the region
May 19, 2025
[SINGAPORE] Petrochemical players in South-east Asia are bracing themselves for increasing competition, as the tariff-led breakdown of trade between the US and China creates a flood of petchem products...
Apple partner Foxconn injects US.5 billion into India unit
Apple partner Foxconn injects US$1.5 billion into India unit
May 19, 2025
Published Mon, May 19, 2025 · 10:28 PM[HONG KONG] Taiwan’s Foxconn, the main manufacturer of Apple’s iPhones, will inject US$1.5 billion into its India unit as production shifts away...
Indonesia taps Singapore traders in US billion Pertamina probe
Indonesia taps Singapore traders in US$12 billion Pertamina probe
May 19, 2025
[SINGAPORE] Indonesian authorities have contacted a number of Singapore-based trading companies to request their cooperation in a US$12 billion corruption probe involving state-owned oil giant Pertamina. The oil traders received...