The Singapore River and Merlion Park in the evening Photography By Bobi | Moment Open | Getty Images SINGAPORE â Singapore’s plan to invest more than $743 million into artificial intelligence over the next five years could strengthen its position as a global business and innovation hub, tech executives said. In his Budget speech on … Read more
An aerial photo shows Boeing 737 MAX airplanes parked on the tarmac at the Boeing Factory in Renton, Washington, U.S. March 21, 2019. Lindsey Wasson | Reuters SINGAPORE â Boeing will not be bringing any commercial planes to the Singapore Airshow, shifting the spotlight for passenger jets to rival Airbus as well as China’s homegrown … Read more
Visitors near Yuyuan Bazaar in Shanghai, China, on Sunday, Feb. 11, 2024. Raul Ariano | Bloomberg | Getty Images China’s travel activity and spending jumped above pre-pandemic levels during the Lunar New year holiday, in a sign that consumption was improving in the world’s second-largest economy. Some 474 million domestic trips were made during the … Read more
A model of Comac’s C919 aircraft at the Singapore Airshow on Feb. 6, 2018. SeongJoon Cho / Bloomberg / Getty Images SINGAPORE â China is gearing up to showcase its narrow-body passenger jet to a global audience for the first time at the Singapore Airshow. Touted as a competitor to Boeing’s 737 and the Airbus … Read more
The portrait of Mahatma Gandhi is displayed on Indian rupee banknotes in an arranged photograph in Bangkok, Thailand, on Wednesday, Sept. 12, 2018. Brent Lewin | Bloomberg | Getty Images The U.S. Federal Reserve is expected to cut interest rates later this year and, while that may not be good news for the dollar, some … Read more
Lawrence Wong, Singapore’s deputy prime minister and finance minister. Kiyoshi Ota | Bloomberg | Getty Images SINGAPORE â Singapore’s budget deficit widened more than expected in 2023 but the country expects a small surplus in the 2024 financial year, Deputy Prime Minister and Finance Minister Lawrence Wong said in his budget speech on Friday. The … Read more
An editorialized picture of a falling graph against the Japanese flag. Natanael Ginting | Istock | Getty Images Japan’s central bank is expected to exit its negative interest rate regime this spring, though sluggish growth will limit its ability to alleviate depreciation pressure on the yen, according to a former Bank of Japan board member. … Read more
After nearly four years, the Eastern & Oriental Express is back on the rails. Â Â Â The train, which is operated by the luxury travel company Belmond, this week welcomed its first set of passengers since it stopped running as a result of the Covid-19 pandemic. Â Â The luxury train has been operating in Southeast Asia … Read more
TSMC displayed on a phone screen and microchip and are seen in this illustration photo taken in Krakow, Poland on July 19, 2023 Jakub Porzycki | Nurphoto | Getty Images Shares of Taiwan Semiconductor Manufacturing Company reached an all-time high on Thursday after Morgan Stanley lifted the price target on chip designer Nvidia, citing a … Read more
A shop employee stands in front of binoculars on display at a department store in Tokyo on October 22, 2021. Behrouz Mehri | AFP | Getty Images Japan has lost its spot as the world’s third-largest economy to Germany, as the Asian giant unexpectedly slipped into recession. Once the second largest economy in the world, … Read more
