Technology

Tesla profit falls in the wake of brand controversy and tariffs
Tesla is off to a bumpy start this year.The electric vehicle giant’s profit plunged 71% in the first quarter to $409 million as the company faced a flurry of...
Trump says he has no intention of firing Fed chief Powell
Trump says he has no intention of firing Fed chief Powell
Published Wed, Apr 23, 2025 · 06:38 AM[WASHINGTON] US President Donald Trump said he had no intention of firing Federal Reserve chairman Jerome Powell despite his frustration with the...
South-east Asia’s place in the sun just got dimmer
South-east Asia’s place in the sun just got dimmer
[SINGAPORE, VIETNAM, MALAYSIA] Washington has fired another shot in the clean energy trade war with South-east Asia in the crosshairs – a move that could dim the region’s standing...
Walmart-backed Flipkart to shift base back to India from Singapore
Walmart-backed Flipkart to shift base back to India from Singapore
Published Tue, Apr 22, 2025 · 07:26 PM[BENGALURU] Flipkart will shift its holding company from Singapore to India, the e-commerce company said on Tuesday (Apr 22), as its parent...
Indian banks hit record as new RBI liquidity rules boost outlook
Indian banks hit record as new RBI liquidity rules boost outlook
The rally – led by private lenders – reflects growing investor confidence that the sector’s credit growth is recovering from last year’s slumpPublished Tue, Apr 22, 2025 · 06:38...
Offshore renminbi funding costs in Hong Kong sink to record low
Offshore renminbi funding costs in Hong Kong sink to record low
[HONG KONG] The cost to borrow the offshore renminbi in Hong Kong dropped to the lowest since data became available in 2013, putting pressure on the Chinese currency even...
Chinese tech firms eye US listings despite widespread ructions
Chinese tech firms eye US listings despite widespread ructions
[HONG KONG] Beijing Smart Walnut Education Technology, a provider of services that help children learn to code, is one of several Chinese firms considering initial public offerings in the...
China’s Nio looks to European partners to overcome expansion challenges
China’s Nio looks to European partners to overcome expansion challenges
[SHANGHAI] Nio, which is preparing to launch its lower-priced Firefly and Onvo sub-brands in Europe, is recalibrating its expansion strategy due to challenges in growing its network in the...
China’s Cnooc agrees LNG deal with UAE’s Adnoc amid tariff war with US
China’s Cnooc agrees LNG deal with UAE’s Adnoc amid tariff war with US
Published Tue, Apr 22, 2025 · 09:56 AM[SINGAPORE] China National Offshore Oil Corporation (Cnooc) has agreed a term deal to buy liquefied natural gas (LNG) from Abu Dhabi National...
Circle plans stablecoin-powered cross border payment network
Circle plans stablecoin-powered cross border payment network
[NEW YORK] Circle Internet Group is launching a payments network designed to allow financial institutions and technology firms to settle cross-border transactions in stablecoins.The network is designed to link...