Lifestyle
China auto market hits milestone as EVs, hybrids make up half of July sales
HALF of all vehicles sold in China in July were either new pure electric vehicles (EV) or plug-in hybrids, industry data showed, a milestone that underscores how far the...
China chipmaker SMIC beats Q2 estimates despite steep profit fall
SEMICONDUCTOR Manufacturing International Corp (SMIC) reported a 59.1 per cent fall in second-quarter net profit on Thursday (Aug 8) though the result from China’s largest chip foundry beat expectations.
SMIC...
British Airways suspends Beijing flights on airspace challenges
BRITISH Airways will suspend flights from London to Beijing starting Oct 26, the latest airline to pull services to China amid continued Russian airspace closure and weaker demand.
The airline,...
Malaysia’s Petronas withdraws from South Sudan amid investment shift
MALAYSIAN state energy firm Petroliam Nasional (Petronas) said it will withdraw from South Sudan as it tailors its investment strategy to business conditions.
“The decision was made following a two-year...
BOJ didn’t see July hike as policy tightening, summary shows
A SUMMARY of opinions from the Bank of Japan’s Jul 31 board meeting showed that authorities believed monetary policy would remain accommodative even as they conducted a small interest...
Xiaomi-backed AI chipmaker Black Sesame falls in Hong Kong debut as AI frenzy wanes
Shares of artificial intelligence (AI) chipmaker Black Sesame International tumbled as much as 35 per cent on their debut, dealing a blow to Hong Kong’s efforts to attract more...
Malaysia boasts of chip clout as Infineon opens 7 billion euro site
Malaysia is gaining more heft in the global supply chain as Infineon Technologies opens a major semiconductor manufacturing complex in the country, the South-east Asian nation’s leader said. “We are...
Sasseur Reit H1 DPU falls 5.1% to S$0.03153
SASSEUR Real Estate Investment Trust (Sasseur Reit) posted a distribution per unit (DPU) of S$0.03153 for the first half ended Jun 30, down 5.1 per cent from S$0.03322 in...
