Real Estate
German regulator orders oversight, limits on GIC-backed online bank N26
The measures mark the second time since 2021 that BaFin has directed a special monitor to oversee the fast-growing Berlin-based lender[FRANKFURT] Germany’s financial regulator BaFin on Monday (Dec 15)...
Thai baht is too strong, impacting economy, finance minister says
[BANGKOK] Thailand’s baht is too strong and affecting its export-driven economy, the country’s finance minister said on Monday (Dec 15), as the currency reached its highest level against the...
Middle East oil market weakens as glut concerns gain traction
The IEA, meanwhile, projects output will exceed consumption by 3.8 million barrels a day in 2026[SINGAPORE] The Middle Eastern oil market has weakened in recent weeks on concern that...
Rebate cuts won’t hurt Singapore’s momentum as South-east Asia’s top EV market in 2026
The Republic’s EV take-up is expected to rise due to a continued price advantage and new benefits for electric heavy vehicles [SINGAPORE] The Republic’s electric vehicle (EV) adoption rate...
Xpeng in negotiations partner with EPMB to start EV production in Malaysia
Chinese EV maker aims to make Malaysia a base for expansion across Asean’s right-hand-drive markets[SHANGHAI] Xpeng said on Friday (Dec 12) that it is in negotiations to partner EP...
Intel has tested chipmaking tools from firm with sanctioned China unit: sources
Two of ACM’s units, based in Shanghai and South Korea, are barred last year from receiving US technology[WASHINGTON/SAN FRANCISCO] Chipmaker Intel, has tested chipmaking tools this year from a...
FMC to launch restructuring plan, targets plant closures and Asia cost cuts
[BENGALURU] Agrichemicals firm FMC said on Friday (Dec 12) that its board has approved a restructuring plan, aimed at cutting costs, shutting down high-cost plants and shifting production to...
Chinese AI euphoria obscures a gloomier technological reality
Washington and its allies are not supplying the country with the gear required to make the most sophisticated AI chips[TAIPEI] Moore Threads Technology’s phenomenal debut this month, China’s most...
