Culture
China’s WM Motor to restart production after government-backed revival plan
Chinese EV makers have faced years-long price wars as they battle intense competition in an overcrowded sectorPublished Sun, Sep 7, 2025 · 11:00 AM[BEIJING] Chinese electric vehicle (EV) maker...
Meta’s backstop is linchpin for US$26 billion AI data-centre deal
[NEW YORK] When Meta Platforms turned to lenders to secure US$26 billion in debt funding for the construction of a sprawling new data centre, one key detail made all...
Top Trump crypto backer Justin Sun says his World Liberty tokens ‘unreasonably’ frozen
[PARIS/BOSTON] Justin Sun, one of the biggest known backers of US President Donald Trump’s World Liberty Financial crypto venture, said on Friday (Sep 5) that his tokens connected to...
China joins big oil in opposition to Trump’s biofuel proposal
[NEW YORK] US oil refiners have found an unlikely ally in their opposition to US President Donald Trump’s proposed changes to biofuel policy: China.A plan to slash incentives for...
Robinhood, AppLovin, Emcor to join S&P 500 in rebalancing
[NEW YORK] Robinhood Markets has been added to the S&P 500, marking a new phase for the retail trading platform that helped define the pandemic-era boom in individual investing....
Russian gas sales to China would not harm US, energy secretary says
Since coming back to the office, Trump has not imposed direct sanctions on Russian energy entitiesPublished Sat, Sep 6, 2025 · 10:10 AM[WASHINGTON] Energy Secretary Chris Wright said on...
US immigration agents arrest hundreds at Hyundai plant, mostly South Koreans
[ATLANTA/WASHINGTON/SEOUL] Hundreds of workers at a Hyundai Motor car battery facility under construction in Georgia were detained in a raid by US authorities on Thursday (Sep 4), stopping work...
US SEC launches task force on securities fraud by foreign companies
[WASHINGTON] The US Securities and Exchange Commission (SEC) is setting up a new unit to focus on securities fraud by foreign companies, one of the first signals of the...
Oil prices settle down more than 2% after weak US jobs report
[HOUSTON] Oil prices fell on Friday (Sep 5) as a weak US jobs report dimmed the outlook for energy demand, while swelling supplies may grow further after Opec and...
Google hit with 2.95-billion-euro EU antitrust fine over adtech practices
[BRUSSELS] Alphabet’s Google was hit with a 2.95-billion-euro (S$4.4 billion) EU antitrust fine on Friday (Sep 5) for anti-competitive practices in its lucrative adtech business, marking its fourth penalty...
