Will US let Taiwan buy F-35 jets with ‘protection fees’ demanded by Trump?

Will US let Taiwan buy F-35 jets with ‘protection fees’ demanded by Trump?

Taiwan is exploring the possibility of acquiring F-35 fighter jets and other advanced US weaponry, but pundits doubt the plan will get past Washington’s long-held concerns about military technology leaking into the hands of the People’s Liberation Army. According to a recent Financial Times report, Taipei has reached out to president-elect Donald Trump’s team about … Read more

Mobile gaming app about farming wins top prize in Temasek, Financial Times financial literacy competition

Mobile gaming app about farming wins top prize in Temasek, Financial Times financial literacy competition

SINGAPORE: When she was in secondary school, Ms Ng Xin Mei, 24, felt lost when it came to managing her personal finances. “There were a few financial literacy workshops, but they were only for a few hours and I don’t think they were very detailed,” she said, adding that she wished there were more in-depth … Read more

WuXi AppTec, WuXi Biologics surge in Hong Kong as biotech firms put some operations for sale

WuXi AppTec, WuXi Biologics surge in Hong Kong as biotech firms put some operations for sale

Shares of WuXi AppTec and WuXi Biologics surged in Hong Kong on Friday, following a report that the two firms are looking to divest some of their operations in the wake of new United States legislation targeting Chinese biotech companies. WuXi AppTec’s shares closed up almost 12 per cent to HK$67.10 on Friday, while shares … Read more

Microsoft asks China-based AI workers to move overseas amid rising US-China tensions in advanced technology

Microsoft asks China-based AI workers to move overseas amid rising US-China tensions in advanced technology

Microsoft is offering China-based employees working in artificial intelligence (AI) the option of relocating to overseas locations such as the US, Australia and Ireland, according to two people familiar with the matter. The employees, including those from the Azure cloud computing team who were notified earlier this week, must make a decision by June 7. … Read more