Firms

Chinese firms helping military get AI chips added to US export blacklist
Chinese firms helping military get AI chips added to US export blacklist
THE United States is adding four Chinese companies to an export blacklist for seeking to acquire AI chips for China’s military, a US official said on Wednesday (Apr 10). The...
China commerce minister kickstarts Europe trip with Chinese EV firms meeting
China commerce minister kickstarts Europe trip with Chinese EV firms meeting
CHINA’S commerce minister kicked off a trip to Europe by meeting top Chinese automakers BYD and CATL, as he prepares to discuss an ongoing probe by the bloc into...
China commerce minister kickstarts Europe trip with Chinese EV firms meeting
China commerce minister kickstarts Europe trip with Chinese EV firms meeting
CHINA’S commerce minister kicked off a trip to Europe by meeting top Chinese automakers BYD and CATL, as he prepares to discuss an ongoing probe by the bloc into...
Singapore proposes increased scrutiny of critical transport firms through legislation amendments
Singapore proposes increased scrutiny of critical transport firms through legislation amendments
SINGAPORE is proposing a set of amendments to designate critical entities in air, sea and land transport in order to “strengthen the resilience of key firms” and safeguard their...
Chinese firms’ fundraisings in limbo as IPOs scrutinised at home and abroad
Chinese firms’ fundraisings in limbo as IPOs scrutinised at home and abroad
CHINESE companies are staring at the prospects of a drought of new equity capital as tougher domestic initial public offering (IPO) rules and challenges in listing overseas severely curb...
Gold firms on softer dollar, focus on US inflation data
Gold firms on softer dollar, focus on US inflation data
GOLD prices inched higher on Tuesday (Mar 26), buoyed by a weaker US dollar as investor focus turns to US inflation data due later this week, which could shed...
Gold firms on hopes for Fed rate cut in June, softer US dollar
Gold firms on hopes for Fed rate cut in June, softer US dollar
GOLD prices edged higher on Monday (Mar 25) as renewed bets that the US Federal Reserve would begin cutting interest rates in June and a softer US dollar lifted...
China boosts supervision of fund firms, launches inspections, newspaper reports
China boosts supervision of fund firms, launches inspections, newspaper reports
CHINA’S securities regulator has launched onsite inspections of some mutual fund companies as part of efforts to strengthen management of the industry, the 21st Century Business Herald reported on...
China tightens scrutiny over IPOs, listed firms to revive stock market
China tightens scrutiny over IPOs, listed firms to revive stock market
CHINA published a set of rules on Friday (Mar 15) that would tighten scrutiny over stock listings, public companies and underwriters, as regulators ramp up efforts to revive investor...
US banking sector profits drop 44% in Q4 as big firms cover failed bank costs
US banking sector profits drop 44% in Q4 as big firms cover failed bank costs
THE US banking sector saw its profits drop by nearly half in the last quarter of 2024, as large firms began paying hefty fees to help recoup costs incurred...