Culture
Trump wants Asia’s ‘cute’ Kei cars to be made and sold in US
The ultra-compact cars are tailored to narrow roads with an affordable price tag to match their size[TOKYO] US President Donald Trump, apparently enamoured by the pint-sized Kei cars he...
China floods the world with gasoline cars it can’t sell at home
China’s gasoline-vehicle exports alone – not including EVs and plug-in hybrids – made it the world’s largest auto-exporting nation by volume in 2024[WARSAW] China’s electric-vehicle (EV) industry captured half its...
Paramount hikes Warner Bros breakup fee to US$5 billion
[LOS ANGELES] Paramount Skydance more than doubled the proposed breakup fee in its offer to acquire Warner Bros Discovery to US$5 billion, according to sources familiar with the company’s...
Race for talent is on as bankers brace for IPO boom in Vietnam
[HANOI] Vietnam’s potential upgrade to emerging-market status by FTSE Russell in September has investment banks bulking up staff in anticipation of a flood of initial public offerings (IPOs).Brokerage VnDirect...
M&A boom fuels record decline in Japan’s listed companies
The country is mirroring the decline in listings in developed markets that has been going on for decades[TOKYO] Japan has nearly as many listed companies as the US, with...
Goldman, BlackRock rush to fill wealth-advice void in Australia
As governments everywhere struggle with ageing populations and ballooning deficits, the country’s superannuation system stands out as a model – with a warning[MELBOURNE] On one of Larry Fink’s frequent...
Nvidia scores lobbying win as Congress rejects chip export bill
Lawmakers are working on another bill, the Safe Act, which would codify existing limits on AI chip sales to China[WASHINGTON] Nvidia is on the verge of securing a massive...
Singapore’s SGX mulls bid for Cboe Australia, AFR reports
Australia’s financial regulator is working closely with the parent company to find a suitable buyer[SYDNEY] Singapore’s stock exchange is considering buying Cboe Global Markets’ Australian unit, the Australian Financial...
Intel says it will keep networking and communications unit
The chip maker has considerably improved its cash position as a result, finance chief Dave Zinsner says[SAN FRANCISCO] Intel said on Wednesday (Dec 3) that it has opted to...
Oil settles slightly higher as Moscow peace talks fail to reach breakthrough
Recent Ukrainian attacks on oil export sites on the Russian Black Sea coast have highlighted the geopolitical concerns stemming from the war[HOUSTON] Oil prices settled higher on Wednesday (Dec...
