Business
BMW sales slide after brake fault recall, China demand slump
BMW car sales slipped last year as a costly recall compounded a slump in demand in China that’s hit Germany’s automakers hard. Sales of…
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China
Politics
Biden Administration Adopts Rules to Guide A.I.’s Global Spread
The Biden administration issued sweeping rules on Monday governing how A.I. chips and models can be shared with foreign countries, in an…
Business
OpenAI Courts Trump With Vision for ‘A.I. in America’
In December, Sam Altman, OpenAI’s chief executive, donated $1 million to President-elect Donald J. Trump’s inaugural fund, joining a…
Business
China vehicle export growth to slow in 2025, association data shows
CHINA’S vehicle exports are expected to grow 5.8 per cent to 6.2 million units this year, cooling from a 19.3 per cent increase in 2024,…
Politics
China flags more policy measures to bolster renminbi
CHINA announced more tools to support its weak currency on Monday (Jan 13), unveiling plans to park more US dollars in Hong Kong to…
Business
iPhone loses global market share with Apple AI absent in China
APPLE sold fewer iPhones and lost ground to Chinese rivals last year, reflecting the absence of Apple Intelligence in its largest market…
Business
China’s Trade Surplus Reaches Nearly $1 Trillion
China announced on Monday that its trade surplus reached almost $1 trillion last year as its exports swamped the globe, while the…
Business
Goldman strategists see tumbling China stocks rising 20% in 2025
GOLDMAN Sachs strategists are sticking to their bullish stance on Chinese stocks despite an ongoing rout, predicting that benchmarks will…
Business
Will 2025 herald an IPO revival in China?
PRIVATE equity (PE) and venture capital (VC) funds in China had another gloomy year in 2024, but many in the industry are hoping that a…
Business
Report on China's new fleet of barges drops amid Taiwan invasion fears
A report published by the Naval News on Friday that China is building a fleet of barges suitable for amphibious landings amid fears of a…
Politics
China turns to humanoid robots to support its expanding elderly population
In order to address demographic challenges, China has announced the inclusion of humanoid robots in its elderly care services. The…
News
China has ample fiscal space to bolster growth this year
BEIJING (Reuters) - China has ample fiscal policy space and tools to support economic growth this year and it will step up spending to…
Business
China’s Central Bank Stops Buying Bonds as Deflation Fears Grip Economy
In a striking sign of the Chinese economy’s stagnation, the central bank said on Friday that it had temporarily stopped buying government…
News
AmberCycle forges alliances to boost circular textile production in China
The collaboration with Shenghong aims to upscale the production of regenerated filament yarns using cycora, a material developed by…
News
Mercedes-Benz car sales drop as China, EV slump take toll
MERCEDES-Benz Group car sales dipped last year as the German luxury-auto maker struggled with weak demand for pricey models in China and…
Business
Tesla launches redesigned Model Y in China, seeking to fend off rivals
TESLA launched a new version of the Model Y, its best-selling car, in China on Friday (Jan 10), hoping that a redesigned exterior and…
Politics
U.S. Ambassador Says China Is Aligned With ‘Agents of Disorder’
The United States ambassador to China, R. Nicholas Burns, said the Biden administration is making a last push to try to persuade China to…
Business
Uniqlo operator posts higher Q1 profit despite sluggish China results
THE operator of the Uniqlo global clothing chain reported first quarter results on Thursday (Jan 9) that trailed analyst forecasts as a…
Business
2-GW Gas-Fired Plant With GE Vernova Turbines Now Online in China
GE Vernova and Harbin Electric said a 2-GW natural gas-fired power plant has entered commercial operation in China, providing power to…
News
German prosecutors indict three people alleged of spying for China
German prosecutors have indicted three people of spying for China by obtaining information about military technology on behalf of China's…
Business
China car sales maintain growth pace in 2024, EV and hybrid sales hit record
CHINA’S car sales maintained their growth pace in 2024 as sales of electric vehicles and plug-in hybrids in the world’s largest auto…
Business
Stocks to watch: Suntec Reit, China Everbright Water, Tan Chong International
THE following companies saw new developments that may affect trading of their securities on Thursday (Jan 9): Suntec Real Estate…
Business
China Everbright issues first tranche of medium-term notes for 2025
CHINA Everbright Water has issued its first tranche of medium-term notes (MTNs) for 2025 with a principal amount of 1.5 billion yuan…
Business
China renews car trade-in subsidy to boost hybrid, EV sales
CHINA has renewed a trade-in subsidy of up to 20,000 yuan (S$3,724) to help underpin sales of fuel-efficient vehicles, including electric…