Bloomberg Singapore will be looking to win its “fair share” of investments in semiconductor assembly and integrated circuit design, a top official said, amid a growing geopolitical divide between the US and China over trade and technology. The city-state will be focussing on the semiconductor value chain of activities, Beh Swan Gin, chairman of Singapore’s Economic Development Board, said ...

  Bloomberg China’s weekly Covid deaths in hospitals slumped to less than 1,000 as the record wave of infections that rippled through the country following the abandonment of Covid Zero abates. There were 912 fatalities linked to Covid at hospitals between February 3 and February 9, down from 3,278 a week earlier, according to a report from the Chinese Center ...

Bloomberg Renault SA and Nissan Motor Co unveiled their first joint project since announcing a revamp of their carmaking alliance last week. The pair will invest $600 million in India to expand their car lineup, add jobs and decarbonise a manufacturing plant in Chennai, the companies said in a joint statement. The initiative is a key element of the operational ...

  Bloomberg India’s inflation accelerated in January, breaching the top-end of the central bank’s target for the first time in three months and validating the concern of monetary authorities that price pressures are persistent and must be contained. The consumer price index rose 6.52% from a year earlier, according to data released by the Statistics Ministry on Monday. That compares ...

  Bloomberg Gautam Adani’s conglomerate has halved its revenue growth target and plans to hold off fresh capital expenditure, according to people familiar with the matter, as the Indian billionaire seeks to rebuild investor confidence in the wake of a bruising short seller attack. The group will now aim for revenue growth of 15% to 20% for at least the ...

  Bloomberg The US military had never shot down an object in American airspace before taking out a Chinese balloon off South Carolina earlier this month. Now it’s becoming a near-daily occurrence. The sudden spate of US jets blasting unidentified objects of mysterious origin from the skies has provoked so much befuddlement — not to mention panic — that Pentagon ...

  Bloomberg The Philippines said China should restrict its forces to prevent committing any “provocative act” after a Chinese ship directed a military-grade laser light at a Philippine coast guard vessel in an area claimed by both nations in the South China Sea. “It is time for the Chinese government to restrain its forces so that it does not commit ...

  Bloomberg Moldova’s president called for heightened security and “maximum vigilance” after she cited fresh intelligence detailing Russian attempts to destabilise the country and overthrow her government. President Maia Sandu spoke three days after appointing a top security adviser, Dorin Recean, as prime minister, part of a government reshuffle that takes into account Moldova’s vulnerable position after Russia’s invasion of ...

Bloomberg German Chancellor Olaf Scholz faces more turbulence in his coalition after a bitter Berlin state election in which all three ruling parties lost support and one crashed out of the city’s parliament. The conservative Christian Democrats — the main opposition party at the national level — emerged as the clear winner after the vote in the German capital. They ...

Bloomberg Philippine President Ferdinand Marcos Jr said he’s open to a potential reciprocal military access agreement with Japan if it would protect the country’s fishermen and its maritime territory. “I don’t see why we should not adopt it,” Marcos said, according to a transcript of his interview with reporters. The Philippines is studying if the potential pact will indeed help ...