Business

AirAsia X unveils Kuala Lumpur-Bahrain-London route, establishing Middle Eastern hub

The airline operates an all-Airbus fleet and has more than 350 A320-family narrow-body jets already on order Published Wed, Feb 11, 2026 · 02:22 PM [HONG KONG] Malaysia’s AirAsia X…

Booming Asian markets widen their lead over US and Europe

An index of the region currencies is up another 0.6% in 2026 after rising more than 3% last year Published Wed, Feb 11, 2026 · 02:04 PM [MELBOURNE] In what…

For Swatch, the clock is ticking on strategy overhaul

Published Wed, Feb 11, 2026 · 01:32 PM SWATCH needs to revive innovation, slim its brand portfolio and overhaul governance if the Swiss watchmaker is to reverse years of falling…

ByteDance developing AI chip, in manufacturing talks with Samsung: sources

Global tech giants have developed their own AI chips to reduce reliance on Nvidia Published Wed, Feb 11, 2026 · 01:24 PM [BEIJING/SINGAPORE] China’s ByteDance is developing an artificial intelligence…

Malaysia central bank says to test ringgit stablecoins, tokenised deposits in 2026

Published Wed, Feb 11, 2026 · 12:59 PM [KUALA LUMPUR] Malaysia’s central bank on Wednesday announced three initiatives to test real-world applications involving ringgit stablecoins and tokenised deposits in 2026.…

Owner of Dairy Queen, Papa John’s China operations is said to weigh US$500 million sale

Several high-profile global brands have been re-evaluating their China operations Published Wed, Feb 11, 2026 · 12:57 PM [HONG KONG] FountainVest Partners is considering selling the franchise operator of Papa…

Australian dollar hits three-year peak on rate-hike bets

Published Wed, Feb 11, 2026 · 11:58 AM [SYDNEY] The Australian dollar climbed to a fresh three-year peak on Wednesday as the central bank signalled hawkish policy again, while the…

Elon Musk wants to build an AI satellite factory on the moon

Published Wed, Feb 11, 2026 · 11:56 AM [SAN FRANCISCO] Elon Musk told employees at xAI, his artificial intelligence (AI) company, on Tuesday (Feb 10) evening that the company needed…

China’s big silver squeeze persists even as prices steady

Published Wed, Feb 11, 2026 · 10:56 AM INTERNATIONAL silver prices have steadied after an epic bout of turbulence, but supplies in China are still being pinched as investment and…

Two co-founders of Elon Musk’s xAI resign, joining exodus

Published Wed, Feb 11, 2026 · 10:47 AM XAI co-founders Tony Wu and Jimmy Ba have resigned from the artificial intelligence firm they started with billionaire Elon Musk less than…

‘We’re not deal junkies’: CapitaLand Investment CEO says potential M&As must help build long-term capabilities, drive share price

[SINGAPORE] CapitaLand Investment (CLI) is not pursuing merger and acquisition (M&A) opportunities “just for growth”, said the real asset manager’s group chief executive officer Lee Chee Koon on Wednesday (Feb…