SINGAPORE — Customers in Asia-Pacific have picked their favorite banks as lenders scramble to meet consumer expectations in a fast-changing environment. After a prolonged period of high inflation — and interest rates — banks in the region are starting to navigate the global trend of lower rates. They’re also facing technological innovation that has the … Read more
Michael Casey testifies during his confirmation hearing before the Senate Select Committee on Intelligence at Hart Senate Office Building on July 12, 2023 on Capitol Hill in Washington, DC. Alex Wong | Getty Images The U.S. needs to prepare for more cyberattacks from an increasing number of threat actors across the globe, with China being … Read more
Defence ministers from Canada and China sat down together for the first time in 11 years at an international security conference last week as the countries work to re-establish lines of communication. Bill Blair met with Admiral Dong Jun on Friday while attending the Shangri-La Dialogue in Singapore, marking the first meeting between the ministers … Read more
Singapore: Chinese Defence Minister Dong Jun warned Sunday his military is ready to “forcefully” stop Taiwan independence but called for greater exchanges with the United States. The remarks at an annual security forum in Singapore followed the first substantive face-to-face talks in 18 months between the two countries’ defence chiefs. “We have always been open … Read more
The United States on Wednesday accused China’s leadership of supporting Russia’s war in Ukraine and warned that Beijing could face further sanctions in response from the United States and other NATO countries. Speaking to reporters on a visit to Brussels, U.S. Deputy Secretary of State Kurt Campbell said there was an urgent need for European … Read more
A global malware network responsible for the theft of $5.9 billion in Covid relief funds and tied to other crimes like child exploitation and bomb threats has been shut down, Department of Justice officials announced Wednesday. The DOJ arrested 35-year-old YunHe Wang, a Chinese national who was charged with creating the “botnet,” a kind of … Read more
The Stellantis CEO Carlos Tavares photographed next to a Jeep Avenger at the Paris Motor Show on October 17, 2022. Nathan Laine | Bloomberg | Getty Images Stellantis plans to offer a $25,000 all-electric Jeep vehicle in the U.S. “very soon” to better attract mainstream consumers amid slower-than-expected EV adoption, CEO Carlos Tavares said Wednesday. … Read more
2025 Cadillac Optiq Cadillac DETROIT – General Motors’ new entry-level 2025 Cadillac Optiq electric vehicle will start at $54,000, the company said Wednesday. The compact-sized crossover is set to be Cadillac’s fourth electric vehicle when it goes on sale later this year. It follows the $59,000 Lyriq midsize crossover, the $300,000-plus bespoke Celestiq sedan and … Read more
The new iPhone 15 Pro is displayed during an Apple event at the Steve Jobs Theater at Apple Park in Cupertino, California, on Sept. 12, 2023. Justin Sullivan | Getty Images News | Getty Images Apple plans to open its first store in Malaysia next month, the company said Wednesday, underscoring a bigger push into the … Read more
New Delhi: India and Vietnam are gaining the most from the China plus one strategy, which is also expected to unlock new growth opportunities for Asian economies, according to Nomura. India’s exports will likely surge to $835 billion by 2030 from $431 billion in 2023 with its large domestic market helping attract firms looking for … Read more
