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The Business Times

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South-east Asia's leading financial news site.

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8 публікацій

Toyota sells 10.8 million vehicles in 2024 to remain world’s top-selling automaker While Toyota sold a record number of cars overall, its unit sales in China declined by 6.9% amid heavy price competition in the world’s t…

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#BTLifestyle: Can Singapore be a global art capital? Singapore has achieved its goal of becoming the hub of South-east Asia’s market, but ambitions beyond that prove challenging.

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Singapore’s reinsurance market gears for growth in bid to be Asian hub In 2023, Singapore’s reinsurance premiums grew 31% year on year to S$27.6 billion, accounting for approximately 21% of Asia’s reinsurance market.

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Microsoft, Meta CEOs defend hefty AI spending after DeepSeek stuns tech world Microsoft has earmarked US$80 billion for AI, while Meta has pledged US$65 billion - a far cry from the US$6 million DeepSeek said it has spen…

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Alibaba touts new AI model superior to DeepSeek and Meta The upgraded Qwen 2.5 Max edition scored better than Meta Platforms’ Llama and DeepSeek’s V3 model in various tests, according to Alibaba.

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HSBC plans biggest investment banking retrenchment in decades News of the plan on the eve of China’s Chinese New Year, has sent shockwaves around HSBC.

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#BTOpinion: Few clear winners on the road to EVs – only losers Car dealerships with no electric vehicles to sell are beginning to feel less like showrooms and more like hospices.

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US Federal Reserve pauses rate cuts, will ‘wait and see’ on Trump policies The Fed left its key lending rate unchanged on Wednesday (Jan 29) and adopted a patient “wait and see” approach to Donald Trump’s economic polici…

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