Firms
Raffles Medical H1 earnings slide to S$30.6 million; chairman says insurance must not become ‘arms war’ between firms
If insurance companies continue trying to outdo each other, the risk pool could become untenable, says the group’s executive chair Loo Choon YongMAINBOARD-LISTED Raffles Medical Group on Monday (Jul...
China solar firms ink deals with Saudis for global expansion
TWO major Chinese solar manufacturers will build plants worth US$3 billion in Saudi Arabia, highlighting efforts to globalise their production bases as they face margin pressures at home.
Shares in...
More misses than hits for Singapore firms that listed in the US in H1
Despite all the drawbacks, analysts say that the US market remains more attractive than the local bourseEVEN as many initial public offering (IPO) aspirants seek to list in the...
Chinese AI firms showcase resilience, innovations at AI event despite US sanctions
CHINESE tech companies, from industry giants to ambitious startups, converged at the World AI Conference in Shanghai this week to showcase their latest innovations and express strong support for...
Local firms’ payment performance improves further in Q2: Singapore Commercial Credit Bureau
LOCAL firms’ payment performance continued to improve for a fourth consecutive quarter in Q2 2024, said the Singapore Commercial Credit Bureau (SCCB) on Tuesday (Jul 2). The credit and...
China’s rare earths firms rally as fresh industry overhaul looms
CHINA’S rare earths producers jumped after Beijing unveiled a regulatory overhaul of the sector that could squeeze supplies and lift languishing prices of the critical minerals.
A “unified development plan”...
Chinese AI firms woo OpenAI users as US company plans API restrictions
CHINESE artificial intelligence(AI) companies are moving swiftly to attract users of OpenAI’s technology, following reports that the US firm plans to restrict access to its API in China and...
China says EU mandated its EV firms turn over ‘unprecedented’ amounts of data
THE European Commission sought an unprecedented amount of detailed information on Chinese automakers’ supply chains during its investigation into the country’s subsidised electric vehicle imports, China’s commerce ministry said...
