United States

Lee Chyen Yee

Huawei overtakes Apple as world No. 2 smartphone seller, gains ground in China

Aug 01 2018

HONG KONG/SINGAPORE China's Huawei Technologies overtook Apple Inc to become the world's second-biggest smartphone seller in the June quarter, data from market research firms showed, as it gained ground in Europe and expanded its lead back home. | Video

Mattis warns of Chinese 'intimidation'; says U.S. seeks 'results-oriented' ties

Jun 02 2018

SINGAPORE The United States is willing to work with China on a "results- oriented" relationship, but Beijing's actions in the South China Sea were coercive and the Pentagon would "compete vigorously" if needed, U.S. Defense Secretary Jim Mattis said on Saturday. | Video

China regulator tightens registration rules for Hong Kong-focused funds

Jun 14 2017

China's securities regulator has tightened registration rules for Hong Kong-focused mutual funds, requiring equity funds with "Hong Kong" in their names to invest at least 80 percent of their non-cash assets in the Chinese territory's stocks.

Mattis praises China's efforts on North Korea, dials up pressure on South China Sea

Jun 03 2017

SINGAPORE The United States is encouraged by China's efforts to restrain North Korea but Washington will not accept Beijing's militarization of islands in the South China Sea, U.S. Defense Secretary Jim Mattis said on Saturday. | Video

China's Alibaba buys into supermarket chain Sanjiang Shopping

Nov 18 2016

HONG KONG China's e-commerce giant Alibaba Group Holding Ltd plans to invest 2.1 billion yuan ($305 million) in supermarket chain Sanjiang Shopping Club Co Ltd to further expand its retail presence.

In pushback to U.S., China says 'has no fear of trouble' in South China Sea

Jun 05 2016

SINGAPORE China rebuffed U.S. pressure to curb its activity in the South China Sea on Sunday, restating its sovereignty over most of the disputed territory and saying it "has no fear of trouble". | Video

Tharman takes over as Singapore finance minister after Heng suffers stroke

May 12 2016

SINGAPORE Singapore Finance Minister Heng Swee Keat suffered a stroke and collapsed during a cabinet meeting on Thursday and Deputy Prime Minister Tharman Shanmugaratnam was named to cover his duties.

Not the bottom yet, but Caterpillar raises hope of China rebound

Apr 25 2016

BEIJING/SINGAPORE Caterpillar Inc , the world's largest maker of heavy equipment, has raised hopes that China's battered construction sector may be showing signs of life, pointing to its strongest post-holiday period in three years after a government boost.

Alibaba-backed courier YTO Express to list via $2.7 billion reverse merger

Mar 23 2016

SHANGHAI/SINGAPORE Alibaba-backed YTO Express plans to go public via a 17.5 billion yuan ($2.7 billion) merger with a listed clothing maker, becoming the latest courier seeking capital market funds to stay competitive during China's e-commerce boom.

China's ICBC urges Spain to free staff in money laundering probe

Feb 25 2016

HONG KONG/MADRID China's biggest bank, Industrial and Commercial Bank of China (ICBC), has called on Spanish authorities to release three of its workers being held in jail as a court investigates money laundering allegations at its Madrid branch.

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