Equities Trim Advances Amid Evaluation of Chinese Market Support Measures: Financial Overview
In a day marked by fluctuating investor sentiment, Asian stock markets reflected a cautious optimism tempered by concerns over China’s latest market stabilization efforts and a series of reserved comments…
ISUZU continues to lead in market sales, maintaining its No. 1 position as Malaysia’s top truck brand.
Year 2023 witnesses another exceptional performance by Isuzu Malaysia, solidifying its position as the leading truck brand in Malaysia. Kuala Lumpur, February 7, 2024 – Isuzu Malaysia, a prominent name…
Chinese Corporations Escalate Share buybacks Activities to Counter Severe Market Downturn
In an assertive response to a staggering $7 trillion market downturn, Chinese companies are intensifying their share buyback efforts, signaling a robust participation in a broader initiative to arrest the…
Singaporean Android users will be blocked from installing some unverified apps as part of an anti-scam trial.
SINGAPORE – February 7, 2024 In a bid to fortify its defenses against malware scams, Google has announced a groundbreaking security feature that will be gradually implemented for Android users…
Scientex’s recent Johor land acquisition receives approval.
PETALING JAYA – In a strategic move that underscores the growing interest in Muar as a key hub in the future Kuala Lumpur-Singapore high-speed rail (HSR) corridor, Scientex Bhd has…
Neumann Kaffee aims for expansion in Indonesia amidst growing coffee market
Hamburg’s Global Coffee Powerhouse Sets Eyes on Indonesia’s Growing Market Neumann Kaffee Gruppe (NKG), the esteemed global coffee conglomerate, has unveiled ambitious plans to deepen its footprint in Indonesia, signaling…
Subsidiary of CapitaLand excited to purchase three industrial properties in India for $43.2 million
In a significant move signaling its bullish outlook on the Indian real estate market, Singapore-based CapitaLand, through its Indian investment arm CapitaLand India Trust (CLINT), has announced the acquisition of…
Rising Incidents of Unauthorized Chinese Immigration into the United States
In recent years, there has been a noticeable surge in the number of Chinese immigrants entering the United States through its southern border. This influx is driven by individuals seeking…
RBA Maintains High Interest Rate, Open to Future Adjustments Amid Inflation Concerns
In a move closely aligned with global central banking trends, the Reserve Bank of Australia (RBA) has opted to keep its cash rate steady at a 12-year peak of 4.35%.…
CapitaLand Ascott Trust plans to sell Citadines for a big total of S$148 million.
Singapore, February 6, 2024 – CapitaLand Ascott Trust (CLAS) has announced its plans to divest Citadines Mount Sophia Singapore in a strategic move that is expected to generate significant gains.…
Deliveroo reports that 57% of restaurants have adopted digital technologies.
In an era where technology continuously reshapes business landscapes, Singapore’s food and beverage (F&B) sector stands out as a beneficiary of digital advancement, particularly through the instrumental role of food…
Chinese Semiconductor Manufacturers Embrace Open Source Technology for Advanced Chip Production
Beijing’s Strategic Move in the Global Chip Market In a significant development that underscores China’s ambitious efforts to reshape the half-trillion-dollar global semiconductor industry, a Beijing-based military institute has made…
The AI Rush: Unveiling the Better Landscape of China’s AI Sector in 2023
In 2023, the artificial intelligence (AI) wave, powered by the remarkable progress of generative AI technologies like ChatGPT, captured global attention. This surge of interest did not bypass China, even…
OpenAI’s CEO happily considers a trip to Seoul in search of a new semiconductor partner in 2024.
SEOUL – In a strategic move to diversify its semiconductor sources and reduce its dependency on Nvidia, the US leader in artificial intelligence chips, OpenAI CEO Sam Altman is reportedly…
Tan Chong Motor’s division named distributor for GAC Group’s vehicles in Vietnam
KUALA LUMPUR, February 5 – In a significant move to expand its presence in the Southeast Asian automotive market, Tan Chong Motor Holdings Bhd‘s indirect subsidiary, TC Services Vietnam Co…
Chinese Automaker Geely Launches Satellites for Autonomous Vehicle Navigation
Zhejiang Geely Holding Group Co. successfully launched a second batch of 11 satellites into low-earth orbit. This initiative, spearheaded by Geely’s subsidiary Geespace, marks a significant milestone in the company’s…
Hyundai Considers US$3 Billion India IPO, Valued Between US$25-30 Billion
In a strategic move that could reshape its footprint in one of the world’s fastest-growing auto markets, South Korea’s automotive giant, Hyundai Motor, is reportedly considering a public offering for…
Appotronics, supplier to BYD, plans to make the production better amid rising smart EV demand.
Appotronics Leads Innovation in Smart EV Market with Strategic Expansion Shenzhen, China: Appotronics, a pioneer in laser display technology development, is making significant strides to dominate the intelligent electric vehicle…
DBS Group to new Merge Equity Capital, better Brokerage, and Digital Exchange Operations
DBS Group, Singapore’s leading banking entity, has embarked on a transformative journey to enhance its footprint in the global financial arena through a comprehensive organizational consolidation. This strategic move, slated…
Ant Group forms strategic alliance with Shanghai to support the city’s ambition in artificial intelligence
In a landmark move that underscores the deepening ties between China’s tech giants and municipal ambitions, Ant Group, the financial technology powerhouse under Alibaba Group Holding, has officially partnered with…