Singapore

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Hong Kong luxury rents lead the world with 8.6% surge in second quarter: Knight Frank

Hong Kong’s luxury home rents increased the most globally in the second quarter, according to Knight Frank, benefiting from an…

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New Business

AIA profit rises 12% in first half on mainland visitors’ buying spree

AIA Group, Asia’s largest insurer, posted a 12 per cent growth in first-half operating profit, buoyed by mainland Chinese customers…

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New Business

Singapore office demand soars 12-fold while Hong Kong remains ‘subdued’, Colliers says

Singapore’s office leasing activity surged 12-fold in the first six months of the year, topping the Asia-Pacific region, while Hong…

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New Business

The View | How closer mainland integration is lifting Hong Kong’s residential market

One of the big themes in Asia’s real estate industry this year is divergence. The average price of second-hand homes…

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New Business

Leapmotor’s stock and sales soar to become a new challenger in China’s booming EV market

Zhejiang Leapmotor Technology, once a fringe player in China’s electric vehicle (EV) industry, is beating all its start-up rivals by…

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New Business

China rises up ‘elite quality’ league table as AI investment booms

Thanks to its combined strengths in artificial intelligence and manufacturing, China rose two places to rank 19th out of 151…

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New Business

CK Asset’s first-half profit falls 26% amid Hong Kong property market challenges

CK Asset Holdings, one of the flagship companies owned by billionaire Li Ka-shing’s family, reported weaker-than-expected first-half profit amid a…

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New Business

Singaporean semiconductor equipment maker ASMPT to close Shenzhen plant, axe 950 workers

Singapore-based ASMPT, which makes semiconductor assembly and packaging equipment, will close its factory in Shenzhen and lay off 950 workers…

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New Business

Why China’s childcare subsidies may benefit poorer regions – and how they stack up in Asia

In a major effort to tackle its deepening demographic crisis, China has launched a nationwide childcare subsidy scheme – the…

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New Business

Chinese factories keep up robot roll-out despite global decline

China bucked a global downturn in industrial robot installations last year, according to the latest figures. The installation volume of…

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