China Renaissance Holdings saw its shares plummet by as much as 50 per cent on Friday (Feb 17) after the investment bank said that it was unable to contact its chairman and chief executive Bao Fan, in the latest disappearance of a top business executive. The disappearance of Bao, theContinue Reading
ASML Holding, the world’s largest supplier of chip-making machines, accused a former employee in China of stealing data from a shared drive, leading to a possible violation of certain export control regulations. The accusation was made in the company’s 2022 annual report released on Wednesday. It comes as the Dutch and Japanese governments are reportedly […]Continue Reading
The 50 Americans who gave or pledged the most to charity in 2022 committed to giving US$14.1 billion to foundations, universities, hospitals and more – a total that was 60% below an inflation-adjusted $35.6 billion in 2021, according to the Chronicle of Philanthropy’s latest annual tally of these donations. The Conversation US asked David Campbell, […]Continue Reading
China’s Contemporary Amperex Technology Co (CATL) will join hands with Ford Motor Co to produce lithium-iron-phosphate batteries for electric vehicles (EVs) made in Michigan, a move the Fujian-based battery maker hopes will gain and maintain market share in the fast-growing industry. Ford, the second largest EV maker in the United States after Tesla, said on […]Continue Reading
SINGAPORE – Finance Minister Lawrence Wong expects “positive but slower” growth in Singapore this year due to high inflation and a slowing global economy, headwinds the city-state hopes to address through an expansionary budget designed to help households and businesses. Unveiling a S$104 billion (US$78.4 billion) spending plan in parliament on February 14, Wong said […]Continue Reading
Expert say it shows the airline’s desire to reclaim its pole position in India’s crowded aviation market.Continue Reading
 Tap brightest of the over 100k international students in MalaysiaÂ
Encourage use of Malaysian solutions & spark virtuous cycle of innovation As we move in various circles both locally and when we travel abroad, one theme seems to commonly surface – the Malaysian startup ecosystem is lagging behind. Yes, weâve had…Continue Reading
CNA called and/or visited a number of condominium showrooms in Singapore on Tuesday evening after the announcement, but they were either closed or empty. Mr Ken Tay, a property agent at ERA Realty Network, a lot of buyers called him when they first heard the news. “They panic, they thinkContinue Reading
Under President Joe Biden, the United States has stepped up its campaign to build out and expand its geostrategic position in the Indo-Pacific. Japanese Prime Minister Fumio Kishida’s recent White House visit was a significant payoff for this strategy. The visit was preceded by Japan’s announcements in December 2022 of a new security strategy, including the doubling of […]Continue Reading
The conglomerate had more than $100bn wiped off its stock market value after the claims.Continue Reading