Technology

China’s CATL seeks US billion loan for Indonesia plant expansion
China’s CATL seeks US$1 billion loan for Indonesia plant expansion
The company has said that it expects to see little impact from the tariffs the Trump administration has imposed on China because the company’s US exposure is “quite small”.Published...
Hong Kong DIY watch brand sets sights on Europe amid Trump tariffs
Hong Kong DIY watch brand sets sights on Europe amid Trump tariffs
[HONG KONG] When Washington announced higher tariffs and the axing of a de minimis rule that allowed for low-value packages from Hong Kong and mainland China to enter the...
New Zealand PM proposes banning under-16s from social media
New Zealand PM proposes banning under-16s from social media
Published Tue, May 6, 2025 · 10:11 AM[SYDNEY] New Zealand’s prime minister on Tuesday proposed banning children under 16 from social media, stressing the need to protect them from...
CATL starts gauging interest for potential US billion Hong Kong listing
CATL starts gauging interest for potential US$5 billion Hong Kong listing
The company is barrelling ahead with the offering in spite of the turbulent markets that have been whipsawing on the back of US President Donald Trump’s tariffsPublished Tue, May...
IFA defends valuation methods in Sinarmas Land offer as ‘appropriate’ amid criticism
IFA defends valuation methods in Sinarmas Land offer as ‘appropriate’ amid criticism
[SINGAPORE] W Capital Markets, the independent financial adviser (IFA) appointed by Sinarmas Land to opine on its privatisation offer by the Widjaja-family linked Lyon Investments, responded to criticisms by...
Changi Airport Terminal 5 contracts worth S.75 billion awarded
Changi Airport Terminal 5 contracts worth S$4.75 billion awarded
[SINGAPORE] Changi Airport Group (CAG) announced on Monday (May 5) that contracts of around S$4.75 billion in value for substructure and airside infrastructure works at Changi Airport’s Terminal 5...
Hong Kong sells record amount of currency to defend exchange peg
Hong Kong sells record amount of currency to defend exchange peg
The recent rally in currencies of trade-dependent Asian economies is fuelling concerns among central bank policymakersPublished Tue, May 6, 2025 · 07:06 AM[MELBOURNE] Hong Kong authorities said they continued...
Nike president O’Neill out in latest shake-up under new CEO
Nike president O’Neill out in latest shake-up under new CEO
[NEW YORK] Nike is reorganising its senior leadership team as its new chief executive officer shakes up several top roles at the world’s largest sportswear company.CEO Elliott Hill, who...
OpenAI says its nonprofit will remain in control of its for-profit business
ChatGPT maker OpenAI said Monday that its nonprofit will remain in control over its for-profit business, as the startup moves forward with plans to change its organizational structure.The move...
Trump to Sign Executive Order Banning All Risky Research that Lead to Covid-19 Pandemic: Report
President Trump will sign an executive order on Monday that will ban all federal funding for high-risk gain-of-function research that is being conducted in China, Iran, and other nations...