Trump administration prepares for Warsh Fed chair nomination
Warsh previously served on the US central bank’s Board of Governors
Apple sales, profit beat Wall Street estimates amid ‘staggering’ iPhone demand
The tech giant said iPhone sales set records in every geographic segment
China plans space‑based AI data centres, challenging Musk’s SpaceX ambitions
The Chinese nation and the US are competing to become the first to exploit the military and strategic advantages of space dominance
Powell defends independence of Federal Reserve
It will maintain trust in central banks that monetary policy will not be abused for short-term gains that might win elections
Nvidia’s CEO says China is still finalising licence for H200 chip
Huang says Nvidia needed to compete quite vigorously as China has many strong chip companies
China luxury market forecast to rebound in 2026: Bain
This is due to a growing middle class, rising consumer confidence and policy measures that spur domestic consumption
India’s textile exporters pin hopes on EU deal after US tariff blow
Under the pact, the EU will remove duties on 90% of Indian goods, plus the roughly 12% tariff on textiles and apparel
Singapore, Asia markets end largely higher after Fed pause and MAS hold as focus shifts to earnings
Investor attention is shifting towards fundamentals and AI-linked growth themes in the region
From Meta to Samsung, global tech unleashes spending to chase AI
Memory manufacturers are reallocating production lines towards lucrative HBM to satisfy the needs of AI data centres
One of China’s richest battery tycoons builds US$50 billion empire
Sungrow has the second-biggest market value among all mainland-listed firms seeking H-share listings