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New Business

Chinese AI firm SenseTime downsizes Singapore office amid post-ChatGPT competition

SenseTime Group is reducing its office footprint in Singapore, scaling back once-lofty ambitions at a time it is struggling to…

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New Business

‘Old money’ look is hot in China as nouveau riche glitz gets the cold shoulder amid slump

Not many parts of China’s economy have been able to withstand the post-pandemic slump. The housing market remains in the…

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New Business

The Center skyscraper sale was a Hong Kong blockbuster, now buyers struggle to cash out

Inside The Center, a 73-storey skyscraper in Hong Kong’s bustling Central business district, indebted Chinese property developer Kaisa Group has…

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New Business

Explainer | China’s economic recovery gathers pace, led by manufacturing, but risks remain

1. Manufacturing improvement ‘broad-based’ China’s official manufacturing purchasing managers’ index (PMI) – a survey of sentiment among factory owners –…

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New Business

China’s fitness enthusiasts exercise caution as they look to make their yuan go a long way

“A lot of people are just not spending like they used to,” said Dengle, co-founder of exeQute, a class-based fitness…

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