Business
BMW’s iX3 spearheads multibillion-dollar reboot that takes the fight to Tesla, BYD
On Friday (Sep 5), German luxury carmaker BMW launched its second-generation iX3 – and with it, a sweeping reset strategy to catch up with…
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Business
Business
ByteDance chip design staff suddenly find out they report to Singapore unit: sources
Chip design workers at Chinese tech giant ByteDance, many based in Beijing or Shanghai, unexpectedly found out last week that they are…
Business
Apple’s India sales hit record US$9 billion after big retail push
Apple’s annual sales in India hit a record of nearly US$9 billion in the last fiscal year, signalling growing consumer demand for its…
Business
China bonds see renewed selloff after stock market rebound
Chinese government bonds declined in Friday (Sep 5) afternoon trading as an equity rebound extended and higher yields at a longer-dated…
Business
Why Google’s new Nano Banana means you can never trust a photo you see online again
Despite billions of dollars of AI investment, Google’s Gemini has always struggled with image generation. The company’s Flash 2.5 model…
Business
Unifrance Rendez-Vous Le Havre Takeaways From Its Big Series, U.S. Market Implosion and How Measuring Streamer Audiences Is Getting Slightly Easier
The Unifrance Rendez-Vous TV market in Le Havre came to a close on Thursday with a celebration of animation, namely the latest season and…
Business
Nikkei ends at over 2-week high as Trump lowers tariffs on Japanese automobiles
Japan’s Nikkei share average closed at a more-than two-week high on Friday (Sep 5) as auto shares rose after US President Donald Trump…
Business
Citi expects global digital asset trades to hit US$2 trillion a day; DBS sees volume surge in H1
In a white paper released this week, Citi projected that in five years, the world will see US$2 trillion in digital assets held or traded…
Business
Tencent-backed Airwallex acquires OpenPay; move pits it against Stripe Billing
Fintech company Airwallex has acquired OpenPay, a San Francisco-based billing platform that provides subscription management, payment…
Business
Asia: Markets rally as Chinese stocks selloff eases
ASIAN markets mostly gained on Friday after an intense selloff of Chinese equities stalled this week, with rumours the country’s financial…
Business
Singapore swim school Fitness Champs splashes into Nasdaq with US$15 million IPO
As a former competitive swimmer who was waiting to enter university, Joyce Lee started freelancing as a swimming instructor in 1999 to…
Business
Qantas trims executive bonuses by 15% for fiscal 2025 over cyber hack
RALIA’S Qantas Airways has cut short-term bonuses for its top executives and CEO by 15 per cent in fiscal 2025 after a cyber hack earlier…
Business
Mark Zuckerberg - no, not that one - sues Facebook for account shutdowns
A US lawyer with the same name as Facebook founder Mark Zuckerberg is suing the social media platform, arguing it keeps suspending his…
Business
OpenAI set to start mass production of its own AI chips with Broadcom, FT reports
AI is set to produce its own artificial intelligence chip for the first time next year, as the ChatGPT maker attempts to address…
Business
Broadcom to help OpenAI create AI chip to take on Nvidia
Broadcom is helping OpenAI design and produce an artificial intelligence accelerator from 2026, getting into a lucrative sphere dominated…
Business
Starbucks China valued at about US$5 billion by bidders, sources say
Most of the bidders seeking to buy a portion of Starbucks’ China operations have submitted offers valuing the business at as much as US$5…
Business
Starbucks China reportedly valued at about US$5 billion by bidders
Most of the bidders seeking to buy a portion of Starbucks’ China operations have submitted offers valuing the business at as much as US$5…
Business
Stocks to watch: ST Engineering, Olam, Yangzijiang Financial, Stoneweg Europe Stapled Trust
The following companies saw new developments that may affect trading of their securities on Friday (Sep 5): ST Engineering: Over the next…
Business
Why China’s world-beating stock rally is making investors anxious
WHEN a quiet resurgence in Chinese equities developed into a world-beating rally, it took many seasoned market watchers by surprise.…
Business
Asia-Pacific’s aerospace MRO players must be adaptable, collaborate for growth: panellists
Adaptability and ecosystem-wide collaboration are key to the growth of Asia-Pacific’s aerospace maintenance, repair and overhaul (MRO)…
Business
Apac aviation boom presents ‘tremendous opportunity’ for maintenance, repair and overhaul
The strong growth of Asia-Pacific’s (Apac) aviation sector “presents tremendous opportunity” for the region’s maintenance, repair and…
Business
Aerospace advancements create jobs that ‘Singaporeans will want to take up’: EDB vice-president
Technological progress in aerospace is creating attractive jobs, but also increasing the need for upskilling, said panellists in a Sep 3…
Business
The tech and trends driving growth in aerospace MRO
Featuring leaders from both the private and public sectors, The Business Times roundtable on aerospace maintenance, repair and overhaul…