TechSingapore adjourns case over suspected Nvidia chip exports to China until Aug 22
Prosecutors says police needed more time to review documents and receive responses from overseas authorities
Jun 27, 2025
Monitoring Report
Our monitoring team diligently searches the vast expanse of the web to carefully handpick and distill top-tier business and economic news stories and articles, presenting them to you in a concise and informative manner.
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World Business NewsChina’s industrial profits fall 9.1% in May ending a two-month growth streak
State-owned firms record a 7.4% profit decline, private firms see a 0.3% rise, and foreign companies report a 3.4% increase in the first five months of the year
Jun 27, 2025
World Business NewsMexico takes control of three banks after U.S. sanctions over alleged money laundering
The banking and securities commission now has the authority to appoint its own personnel or hire others to manage the institutions
Jun 27, 2025
World Business NewsU.S. and China agree on rare earth shipment framework
The move follows trade talks in Geneva and is part of broader efforts to ease tensions between the two countries
Jun 27, 2025
TechHawaiian Airlines hit by cybersecurity event
The term “cybersecurity event” is often used in cases of ransomware attacks, where hackers block access to systems until a ransom is paid
Jun 27, 2025
AutomobileXiaomi receives 289,000 orders for YU7 within one hour of launch
Xiaomi plans to work with BYD, GAC Toyota, and Zhengzhou Nissan to develop a connected ecosystem linking cars, homes, and smart devices
Jun 27, 2025
AutomobileUK vehicle production falls for fifth month in a row
Total car and commercial vehicle production declined 32.8% from a year earlier to 49,810 units, the sharpest fall for May since 1949
Jun 27, 2025
World Business NewsShipping rates from China to U.S. decline to $2,500 from $6,000 per container
The World Container Index falls 9% this week for the second week in a row after five weeks of gains
Jun 27, 2025
World Business NewsU.S. drops plan to tax foreign investors after global tax deal
US Treasury Secretary says new G7 deal exempts U.S. firms from OECD’s 15% minimum tax, which lets other countries collect if home tax is lower
Jun 27, 2025
TechApple changes App Store terms in EU under regulatory pressure
The company now allows developers to send users to external payment systems using unlimited links
Jun 27, 2025
World Business NewsUK regulator reviews Boeing’s deal to acquire Spirit AeroSystems
In 2024, Boeing agreed to buy back Spirit AeroSystems for $4.7 billion in stock to regain control of key manufacturing operations
Jun 27, 2025
HeadlinesPakistan sets $100 million base price for Roosevelt Hotel sale
Final proceeds from the transaction will depend on structure approved by Cabinet Committee on Privatisation
Jun 27, 2025