Lifestyle
China’s Comac is designing a new widebody jet
CHINA’S state-owned planemaker Commercial Aircraft Corporation of China (Comac) has preliminary drafts for a new widebody jet called the C939, the South China Morning Post reported, likely a larger...
Japanese bond yields climb to decade highs on BOJ policy bets
JAPANESE sovereign bond yields are surging to the highest levels in more than a decade amid signs the central bank is ready to reduce debt purchases to ease pressure...
Capital A’s Teleport targets rapid growth after airline spinoff
CAPITAL A’s logistics arm Teleport will not be hampered by the imminent spinoff of the group’s airline assets and harbours its own IPO ambitions, chief executive officer Pete Chareonwongsak...
SingPost, Lithuania Post ink MOU to advance global postal network
Singapore Post (SingPost) and the largest provider of postal services in Lithuania, Lietuvos paštas (Lithuania Post), will collaborate to explore opportunities in postal and express delivery sectors, after signing...
IMF endorses Japan’s commitment to flexible yen
THE International Monetary Fund (IMF) said Japan’s commitment to allow the yen to move flexibly will help the central bank focus on achieving price stability, warning against growing calls...
UAE releases new AI model to compete with big tech
A GOVERNMENT research institute in the United Arab Emirates on Monday (May 13) released a new open source GenAI model, which could rival the ones from big technology companies.Abu...
China extradition worries grow for convicted money launderer deported to Cambodia
CONVICTED money launderer Su Wenqiang may have cause for worry over a possible extradition to China following his deportation from Singapore to Cambodia on May 6, The Straits Times...
Tencent’s buyback plan in focus as China tech earnings start
INVESTORS will closely watch for Tencent Holdings’s buyback plan in earnings due on Tuesday (May 14) as the company’s shares rebound.The most valuable Chinese technology company is ramping up...