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Google opens new AI engineering centre in Taiwan
[TAIPEI] Alphabet’s Google on Thursday opened in Taiwan its biggest artificial intelligence (AI) infrastructure hardware engineering centre outside of the US, in what Taiwan’s president said was a show...
Heavy rain in Vietnam’s top coffee-growing region threatens crop
[HANOI] Heavy rain has delayed harvesting in Vietnam’s biggest coffee-growing province of Dak Lak, and further downpours risk damaging crops and crimping output in the world’s top producer of...
Chinese copper demand sags in busy season after prices surge
A slump in government spending, meanwhile, has kicked away another prop to demand[BEIJING] As the busy period for Chinese manufacturing draws to a close, copper consumption has largely disappointed,...
BOJ board member Koeda calls for policy normalisation
[NIIGATA] The Bank of Japan must continue to normalise monetary policy by raising real interest rates to “a state of equilibrium” to avoid creating unintended distortions in the future,...
Asian currencies to regain ‘much-needed’ stability in 2026: DBS report
Countries have also bypassed US to trade with one another in view of tariff risks[SINGAPORE] DBS analysts are upbeat about the region’s prospects for 2026, forecasting that Asian currencies...
China leaves benchmark lending rates unchanged for the sixth straight month
October economic data, including a contraction in exports and a further slowdown in retail sales, point to a tougher fourth quarter, analysts say[SHANGHAI] China left benchmark lending rates unchanged...
US approves sale of 35,000 AI chips to UAE’s G42, Saudis’ Humain
The deal is contingent on both companies meeting “rigorous security and reporting requirements”, the Commerce Department says[HONG KONG] The US has approved sales of tens of thousands of advanced...
Wilmar China unit found guilty of contract fraud, liable for 1.88 billion yuan in losses; looks to appeal judgement
It has been previously sued as an ‘accomplice’ in contract fraud related to palm oil trades [SINGAPORE] A subsidiary of Wilmar International has been found guilty of contract fraud...
China investment bank CICC to acquire two smaller rivals
Beijing is trying to cultivate first-class domestic investment banks capable of standing up to global heavyweights[HONG KONG] China International Capital Corporation (CICC) plans to acquire two smaller brokerages as...
Trump considering executive order to preempt state AI laws
US PRESIDENT Donald Trump is considering an executive order that would seek to preempt state laws on artificial intelligence through lawsuits and by withholding federal funding, according to a...