Articles by Brenda Goh

Davos 2023: Starmer Says No New UK Oil and Gas Fields Under a Labour Government

Britain’s opposition leader Keir Starmer said on Thursday there would be no investment in new oil and gas fields in Britain under a Labour government – a big change from current UK energy policies. Starmer said during a panel discussion …

Ant Group Founder to Give Up Control in Major Overhaul of Chinese Fintech Giant

Ant Group’s founder Jack Ma will give up control of the Chinese fintech giant in an overhaul that seeks to draw a line under a regulatory crackdown that was triggered soon after its mammoth stock market debut was scuppered two …

China Orders Fresh Lockdown in Industrial Park Around Major Apple iPhone Plant

China ordered an industrial park that houses an iPhone factory belonging to Foxconn 2317.TW to enter a seven-day lockdown on Wednesday, in a move set to intensify pressure on the Apple supplier as it scrambles to quell worker discontent at …

California Halts Pony.Ai’s Driverless Testing Permit After Accident

A California regulator on Monday said it has suspended a driverless testing permit for startup technology firm Pony.ai following an accident – the first time it has issued such a suspension. On Oct. 28, a Pony.ai vehicle operating in autonomous …

China Urges International Cooperation on Financial Services, Technology Regulation

SHANGHAI— China’s regulators want to step up exchanges with international counterparts and strengthen co-operation on anti-trust issues, data treatment and consumer protection, China’s central bank vice governor said in a Financial Times opinion piece. Pan Gongsheng said authorities wanted to …

China Says Its Fintech Antitrust Moves Not Targeted at Private Banks, Insurers

China’s recent antitrust measures are not aimed at its private sector and do not seek to hinder the development of such firms, a senior banking and insurance regulator said on Friday, as the country looks to expand scrutiny of the …

Hong Kong Plunging into ‘Panic and Chaos,’ Says Leader, as Protests Continue

Flights leaving Hong Kong were disrupted for a second day on Tuesday, plunging the former British colony deeper into turmoil as its stockmarket fell to a seven-month low, and its leader said it had been pushed into a state of …

China’s Largest Ride-Hailing Firm Didi Suspends Service After 2nd Passenger Killing

China’s largest ride-hailing company Didi Chuxing has suspended its carpooling service after a passenger was killed, and is likely to face tighter oversight that will squeeze driver numbers and extend customer waiting times. The incident, which follows a similar grisly …

G20 Puts ‘Brexit’ on List of Top Global Risks After Push by UK Government

British finance minister George Osborne pushed financial leaders from the top 20 economies to include the risk of Britain leaving the European Union in their list of dangers to the world economy on Saturday, gaining explicit support from the United …

Malaysia Jet Search Highlights Doubts over Air Traffic Radar

The ease with which a big jetliner melted into the ether after vanishing from Malaysian radar illustrates an uncomfortable paradox about modern aviation: state-of-the-art airplanes rely on ageing ground infrastructure to tell them where to go. While satellites shape almost …