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Grifols takes $494 million writedown on Chinese investment
Reuters via Yahoo Singapore Finance· 3 hours ago(Reuters) -Spanish drugmaker Grifols has taken a 457 million euros ($494 million) writedown on its...
Shanghai expects record turnout at world's biggest import trade fair later this year
South China Morning Post via Yahoo Singapore Finance· 6 days agoThe countdown to CIIE, the world's biggest import trade fair, has begun as Shanghai gets ready to...
China securities regulator promotes law enforcement chief to vice chair
Reuters via Yahoo Singapore Finance· 7 hours agoHONG KONG/BEIJING/SHANGHAI (Reuters) -China's securities regulator on Tuesday promoted its head of...
Hong Kong stocks tumble as Politburo balm fails to soothe, Hang Lung dives post-earnings
South China Morning Post via Yahoo Singapore Finance· 7 hours agos Politburo meeting. Local developers tumbled, with Hang Lung Properties crashing to a 24-year low after it reported its income halved amid a property downturn. The Hang Seng Index lost 1.4 ...
Chinese banks cut deposit rates to relieve squeezed lending margins
Reuters via Yahoo Singapore Finance· 6 days agoBEIJING/SHANGHAI (Reuters) -Five of China's major state-owned banks on Thursday cut deposit rates to...
Singapore’s AI ambitions: How the city-state is keeping up in an arms race dominated by the U.S. and...
Fortune via Yahoo Singapore Finance· 19 hours agoThe result: Operators rushed to build data centers in Malaysia and Indonesia, which were more than...
China's top leaders vow to support consumers and improve confidence in its slowing economy
Associated Press Finance via Yahoo Singapore Finance· 7 hours agoChina’s powerful Politburo has endorsed the ruling Communist Party’s long-term strategy for growing...
Chinese AI start-up Baichuan raises US$700 million from Alibaba, Tencent, Xiaomi
South China Morning Post via Yahoo Singapore Finance· 5 days agoBaichuan AI, one of China's four so-called artificial intelligence (AI) tigers, raised about 5 billion yuan (US$687.6 million) in a new funding round that valued the start-up at more than 20 ...
US stocks waver, extending tech-led selloff
AFP News via Yahoo News Singapore· 5 days agoWall Street stocks mostly slipped Thursday despite robust US economic growth that briefly boosted sentiment, while European markets wavered following a...
Stock market today: Asian shares dive after a wipeout on Wall Street as Big Tech skids
Associated Press Finance via Yahoo Singapore Finance· 6 days agoU.S. stock indexes suffered their worst losses since 2022 after profit reports from Tesla and...