Culture
China mandates 50% domestic equipment rule for chipmakers
They must prove through procurement tenders that at least half their equipment will be Chinese-made[BEIJING] China is requiring chipmakers to use at least 50 per cent domestically made equipment...
LV applies for summary judgement against ValueMax in alleged trademark infringement lawsuit
[SINGAPORE] Global luxury and fashion goods company Louis Vuitton has applied for summary judgement for its lawsuit against a wholly owned subsidiary of mainboard-listed ValueMax Group over alleged trademark...
AI memory demand propels Kioxia to world’s best-performing stock
[TOKYO] Artificial intelligence’s insatiable appetite for data storage has delivered Japanese memory chipmaker Kioxia Holdings world-beating stock gains this year, a sign that the AI boom is alive and...
Singapore stocks end higher amid mixed regional trading; STI up 0.5%
Across the broader market, gainers outnumber decliners 299 to 203, after 1.4 billion securities worth S$1.1 billion change hands[SINGAPORE] Local stocks closed higher on Tuesday (Dec 30) as regional...
US approves Samsung, SK Hynix chipmaking tool shipments to China for 2026: sources
Trump’s administration has been re-examining export controls that it thought were too relaxed under the Biden administration[SEOUL] The US government has granted an annual licence to Samsung Electronics and...
Chinese firms make strong Hong Kong debuts, capping bumper listings year
With more than 300 companies filing for IPOs, the momentum is set to carry into 2026[SINGAPORE/HONG KONG] Several Chinese companies that raised about HK$7 billion (S$1.2 billion) combined in...
Six China IPOs debut in Hong Kong after raising HK$7 billion to cap banner year
With more than 300 companies filing to list, the momentum is set to carry into 2026[SINGAPORE/HONG KONG] Six Chinese companies made their Hong Kong trading debuts on Tuesday (Dec...
LTA awards Obayashi Corp S$281 million contract to design and build new Brickland MRT station
[SINGAPORE] The Land Transport Authority (LTA) has awarded a contract for the design and construction of the new Brickland MRT station and viaduct, valued at around S$281 million, to...
Precious metals fall again, Asian stocks swing as traders wind down
Investors have been piling into commodities on bets for more US rate cuts, a weaker US dollar and geopolitical tensions[HONG KONG] Precious metals extended losses on Tuesday (Dec 30)...
Trump says he still might fire Jerome Powell as Fed chair pick looms
[WASHINGTON] US President Donald Trump teased that he has a preferred candidate to be the next chair of the US Federal Reserve, but is in no hurry to make...
