News

PBOC signals no urgency for rate cuts despite poor economic news
[ad_1] [BEIJING] China’s central bank indicated it’s holding back from aggressively easing monetary policy with moves such as interest-rate cuts, even though the economy just recorded its worst month so...
China’s cement slump signals end of 21st-century building boom
[ad_1] The industry is also exposed to the government’s supply-side reforms, and further declines are likely as producers are required to shrink capacity to better align with demandPublished Mon, Aug...
China’s US$11 trillion stock market is a headache for both Xi and Trump
[ad_1] [BEIJING] At the heart of why consumers in China save so much and spend so little, and why President Xi Jinping and US leader Donald Trump will struggle to...
Air Canada set to shut down over flight attendants strike
[ad_1] [Toronto] Air Canada’s flight attendants were poised to strike on Saturday (Aug 16) as the carrier cancelled hundreds of flights affecting more than 100,000 passengers ahead of a threatened...
‘Real-life nightmare for kids.’ ‘Roblox’ faces multiple lawsuits over child safety
[ad_1] “Roblox” faced a wave of new lawsuits this week that allege the popular gaming platform hasn’t done enough to safeguard kids from pedophiles and sexual content.One of the latest...
US: Stocks mostly lower after mixed data
[ad_1] Published Sat, Aug 16, 2025 · 05:43 AM[NEW YORK] Wall Street stocks finished mostly lower on Friday (Aug 15) with chip companies under pressure as markets digested mixed US...
Petronas yet to finalise gas deal with Sarawak, says minister
[ad_1] The national oil firm runs one of the world’s biggest liquefied natural gas terminals in the Borneo state, which holds the largest gas reserves in Malaysia Published Fri, Aug...
Over 160 Blizzard workers in Irvine join union as gaming-industry labor movement expands
[ad_1] More than 160 workers at video game company Blizzard Entertainment have voted to unionize.The workers, who produce in-house cinematics, animation, trailers, promotional videos and other narrative content, are just...
Geely profit beats estimates amid reshuffle, sector scrutiny
[ad_1] [HONG KONG] Geely Automobile Holdings’ first-half profit beat estimates as sales soared and the carmaker sought to reduce costs, even as the wider Chinese auto industry faces regulatory scrutiny...
Mapletree Logistics Trust to divest logistics property in Australia for A$60 million
[ad_1] Its manager says the capital freed up will give MLT room to pursue investment openings in modern, high-spec facilities with more growth potential [SINGAPORE] Mapletree Logistics Trust is to...
US embeds trackers in AI chip shipments to catch diversions to China: sources
[ad_1] [SINGAPORE / NEW YORK] US authorities have secretly placed location tracking devices in targeted shipments of advanced chips they see as being at high risk of illegal diversion to...
Delfi H1 net profit down 37.7% to US$12.2 million on softer performance in Indonesia
[ad_1] [SINGAPORE] Delfi posted a 37.7 per cent drop in net profit to US$12.2 million for its first half ended Jun 30, 2025, from US$19.6 million in the previous corresponding...