DBS Group on Monday said it acquired an additional stake in Shenzhen Rural Commercial Bank for 1.60 billion yuan ($220.37 million), bringing its total stake in the Chinese lender to 19.40%.

China Vanke Co’s chairman and chief executive officer will both resign in an abrupt move after the embattled developer warned of a record 45 billion yuan ($8.34 billion) loss for 2024.

Nasdaq futures slumped and technology shares slid in Japan on Monday as surging popularity of a Chinese discount artificial intelligence model wobbled investors' faith in the profitability of AI and the sector's voracious demand for high-tech chips.

Prime Minister Lawrence Wong said that escalating tensions between the two countries could lead to catastrophic global consequences.

Resumption of direct flights and normalisation of visa issuances — demands China has been making over the past couple of years — are expected to come up in Foreign Secretary Vikram Misri’s discussions with Beijing during his visit,

Fortunately, Singapore Prime Minister Lawrence Wong thought a full split was unlikely: "I can’t see how a full decoupling can happen at this stage."

New shades of capitalism are emerging in China's tuckered out stock market as companies, at Beijing's behest, buy back their shares and pay record dividends to investors lying in wait for a so-far evasive rebound.

Wang Yi elaborated on China's principled position on the Taiwan question and urged the U.S. side to handle it prudently. Wang emphasised that Taiwan has been part of China's territory since ancient times, and we will never allow Taiwan to be split from China."

SINGAPORE - Stocks in Singapore closed lower on Jan 21, following US President Donald Trump’s second inauguration, even though most markets in the region ended in the black. The benchmark Straits Times Index (STI) slipped 0.3 per cent or 12.6 points to finish at 3,795.37.

Of the top 20 players in the men's and women's singles rankings, 19 will take part in the first table tennis major of 2025. Read more at straitstimes.com.

The chain is expected to copy its successful China playbook of promotions and steep discounts in Malaysia. To commemorate the launch, Luckin priced its beverages as low as 2.99 Malaysian ringgit ($0.67). A Starbucks americano costs about 11 ringgit ($2.50).

Philanthropy often presents itself as an act of compassion – a way to tackle big problems and help those in need. But look a little closer, and you’ll find something more complex: power. Who holds