Competition
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Huawei’s expansion in smart driving stirs competition, scrutiny
[NEW YORK] Chinese smartphone maker Xiaomi’s pivot into cars has become a high-profile success story. Its SU7 is a hit, forecast to sell 350,000 units this year and even Ford…
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Auto Shanghai To Showcase Electric Competition At Sector’s New Frontier
The world’s biggest auto show opens Wednesday in Shanghai, with foreign carmakers raring to show they can compete against the ultra-competitive Chinese firms that dominate the sector’s new electric frontier.…
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Singapore’s competition watchdog gives green light to SIA-ANA cooperation for Singapore-Tokyo route
[SINGAPORE] Singapore’s competition watchdog on Friday (Mar 21) said it has conditionally approved a proposed commercial cooperation between Singapore Airlines (SIA) and All Nippon Airways (ANA) after accepting their commitments…
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Mercedes set to cut jobs in China as local competition heats up
MERCEDES-BENZ Group and its subsidiaries are planning to cut up to 15 per cent of the automaker’s workforce in China, mainly within its financing and sales units, as the German…
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Australian regulator pushes market operator ASX on fee transparency, competition
AUSTRALIA’S corporate regulator said on Tuesday the country’s stock market operator would be required to publish a comparison of clearing and settlement fees against foreign providers and justify any fee…
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Osim overhauls product details after competition watchdog raises concerns
THE Competition and Consumer Commission of Singapore (CCCS) received a complaint in 2021 from a customer who purchased an Osim product and realised it was not suitable for use after…
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NYSE to launch in Texas, escalating listing venue competition
THE New York Stock Exchange announced on Wednesday (Feb 12) it will launch an exchange in Texas, increasing competition among listing venues in the state. Several high-profile firms, including Elon…
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Barclays sees heightened competition in India from Japan banks – The Business Times
A RENEWED push by Japan’s biggest banks and other global lenders in India is driving down loan prices with the new players having more appetite for riskier credit, according to…
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Apple, Samsung smartphone shipments fall in fourth quarter as China competition bites: IDC
SMARTPHONE shipments for Apple and Samsung declined in the fourth quarter globally, as they grapple with intense competition from Chinese companies including Xiaomi, according to preliminary data from the International…
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Apple offers iPhone discounts in China as competition intensifies
APPLE is offering rare discounts of up to 500 yuan (S$93) on its latest iPhone models in China, as the US tech giant moves to defend its market share against…
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Apple offers iPhone discounts in China as competition intensifies
APPLE is offering rare discounts of up to 500 yuan (S$93) on its latest iPhone models in China, as the US tech giant moves to defend its market share against…
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Taiwan blocks Uber’s US$950 million Foodpanda deal over competition concerns
TAIWAN has blocked Uber Technologies’ US$950 million purchase of Delivery Hero’s Foodpanda business on the island because of concerns it would be anti-competitive, the Fair Trade Commission (FTC) said on…
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Taiwan blocks Uber’s US$950 million Foodpanda deal over competition concerns
TAIWAN has blocked Uber Technologies’ US$950 million purchase of Delivery Hero’s Foodpanda business on the island because of concerns it would be anti-competitive, the Fair Trade Commission (FTC) said on…
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Competition watchdog fines two interior-construction firms nearly S$10 million for rigging tender bids
TWO contractors who provide interior fit-out construction services for non-residential properties were penalised by the Competition and Consumer Commission of Singapore (CCCS) for rigging the bids for several tenders, said…
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Young kids, professionals from 65 countries participate in global AI competition in Russia
Young kids, professionals from 65 countries participate in global AI competition in RussiaIANS Young children and professionals from 65 countries, including India, have taken part in AIChallenge, an international AI…
