As the summit between Washington and Pyongyang takes shape, it remains to be seen what President Donald Trump and North Korean leader Kim Jong Un will discuss next week in Singapore. While the subject of denuclearizing the Korean peninsula is expected to take the lion’s share of the bilateral talks, one expert raised concerns that […]

Ant Financial Services, the dominant Chinese fintech company, is shifting its main focus to technology services and away from payments and consumer finance as Beijing’s crackdown on financial risk deepens, four sources with knowledge of the matter said. The company, which is controlled by the Chinese billionaire Jack Ma, plans to accelerate the shift within […]

McLaren Applied Technologies, the innovation and research arm of super-car maker McLaren, is looking to apply Formula 1 technology to Singapore’s subway. The British firm, which has long provided analytics for the international racing series, is focused on solutions for global motor sports, automotive, health and transport sectors, according to Chief Operating Officer Celia Gaffney. […]

State carrier Air China will resume regular flights between Beijing and Pyongyang on Wednesday, a company official said, as diplomatic relations improve between China and North Korea. China’s flag carrier indefinitely suspended flights between the two cities in November citing poor demand. The suspension came at a time when ties had been frayed by Pyongyang’s […]

It is dangerous for the world’s trading system when countries impose protectionist measures, and even self-defeating given that production chains are global, Singapore’s trade and industry minister said. Speaking to CNBC on Tuesday, Chan Chun Sing said there are no winners in a situation where countries impose protectionist measures. “This is very dangerous for the […]

Plans to develop a high-speed rail project linking Kuala Lumpur and Singapore have been scuttled and that’s likely to dent the potential fortunes of some that had stood to benefit from the massive endeavor. Malaysia said it was scrapping plans to build a 350-kilometer high-speed rail, costing some $17 billion, that would have by 2026 […]

Southeast Asian start-up Grab has been “battled-tested” to take on Indonesian counterpart Go-Jek as the latter expands abroad, a Grab co-founder said on Tuesday. “Grab is very clear. We are battle-tested. We have fought much bigger competitors … We fought Uber tooth and nail. They were much bigger and they still are bigger than us […]

The recent death of a Chinese rural bank’s chairman has put the spotlight on the troubles that small lenders in the country face as authorities clean up the financial sector in the world’s second-largest economy. Yin Jinbao, who was reportedly found dead in his office on May 26 with slits on both his wrists, joined […]

The five-star Shangri-La hotel in downtown Singapore is widely expected to host the upcoming June 12 summit between President Donald Trump and North Korean ruler Kim Jong Un. The area around the hotel, consisting of the Tanglin, Newton and Orchard districts, has been designated a “special event area” from June 10 to June 14, the […]

The U.S. Justice Department late on Monday said it would appeal a federal judge’s ruling that President Donald Trump may not legally block Twitter users from his account on the social media platform based on their political views, according to a court filing. A lawyer for seven plaintiffs who sued, Jameel Jaffer, said that the […]