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Citigroup lifts CEO Jane Fraser’s total compensation by a third to US$34.5 million

Citigroup lifted CEO Jane Fraser’s total compensation to US$34.5 million for 2024, up a third from a year earlier, as…

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China holds dominant position in humanoid robot ecosystem: analysts

China is ahead of the West in terms of the scale of its humanoid robot industry, controlling more than half…

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Beijing’s schmoozing of China’s private sector a strategic move, analysts say

Beijing is repositioning the private sector as the cornerstone of China’s global competitiveness and technological edge in the face of…

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New Business

From Labubu to Ne Zha: toy craze powers Pop Mart market-beating stock rally

Fresh from its success with Labubu, Pop Mart International is on another hot streak in intellectual property (IP) merchandising as…

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AI start-up DeepSeek’s ‘real’ costs and computing power debated as chip stocks reel

The amount of computing power DeepSeek used to train its models has become a subject of intense interest for artificial…

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The View | Why US interest rate moves matter more to Hong Kong than Singapore

When the US Federal Reserve reduced interest rates last September for the first time since 2020, Wall Street banks expected…

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US President Donald Trump’s first term in 2017 transformed global trade: McKinsey

The global trade system has been profoundly reshaped since US President Donald Trump’s first term, with countries’ decisions increasingly driven…

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Trump’s America First Trade Policy: US-China 2020 import deal is again under scrutiny

The possibility of new tariffs on China, and even the cancellation of its preferential trade status with the US, will…

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China logs 5% GDP growth in 2024 as exports, stimulus provide year-end boost

China has reached its 2024 target for economic growth, recording a 5 per cent increase to its gross domestic product…

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New Business

Breaking | China trade surplus reaches record high with surge of pre-Trump exports

Buttressed by robust export figures, China’s trade surplus in 2024 broke records – however, the imminent second term of US…

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