As 1 mainland Chinese chip IPO soars, another stumbles in busy Hong Kong week

A cruise ship left stranded in Southeast Asia after its US-based operator ran out of money has been arrested in Singapore, the Maritime and Port Authority (MPA) said on Monday. The Odyssey, meant to take passengers on a continuous voyage around the world, was arrested after arriving on Sunday from Cambodia, where around 200 guests were told to disembark. “The vessel has been placed under arrest pursuant to a court order,” MPA said in a statement, without giving further details. “The crew on...

For Sunny He, a 32-year-old Shanghai resident, this year’s Singles’ Day shopping season culminated in a single, high-value purchase: a 12,000-yuan (US$1,797) iPhone 18 Pro Max, sweetened by a 300-yuan voucher on Alibaba Group Holding’s Tmall marketplace. “For me, Double 11 definitely isn’t as lively as before because I have less spare cash than in previous years,” He said. “Even so, I’ll take advantage of this chance for products that I couldn’t bear to buy at full price, like a new...

While some tropes like zombies are universally scary, others sources of terror require specific cultural knowledge to inspire dread – something Wyn Panichpakdee realised while watching both Thai and international players test his studio’s latest video game. In Kumarn: The Wandering Spirit, players encounter phi nang rum, menacing dancing spirit dolls from Thai folklore. Wyn said Thai players instantly recognised the dolls and braced themselves for something horrifying, while foreign players...

An investigation into Megaspeed, a Singapore company that was buying advanced Nvidia A.I. chips, was transferred to the Justice Department after a top Nvidia executive reached out to Commerce Department officials.

Nasdaq is preparing to extend trading in US equities on its exchange to nearly 23 hours a day from next month, a landmark shift that will bring Wall Street into real-time competition with Asian markets. The expansion, slated for launch on December 6, introduces an overnight window running from 9pm to 4am Eastern Time. During US winter time, that corresponds to 10am to 5pm in Hong Kong and Beijing, directly overlapping with normal trading hours across China. The US Securities and Exchange...

For Jason Wang, a media operator based in Zhengzhou in central China’s Henan province, switching his long-held investment strategy of buying gold to tech-themed funds was a bittersweet decision. The 28-year-old retail investor, who has no idea about tech company fundamentals, started buying tech funds – focused on China’s semiconductors, robotics and similar sectors – at the end of last year amid a bull run that lasted until the middle of this year. Watching returns on his semiconductor funds...

At the Fortune Southeast Asia 500 Summit in Ho Chi Minh City on November 3, a discussion of regional connectivity explored how goods move across borders. I came away thinking about what stays behind. When production moves to Vietnam, how much of the ability to produce moves with it? Vietnam has set itself an extraordinary ambition. Its five-year plan, approved in April, targets average annual gross domestic product growth of at least 10 per cent from 2026 to 2030. Developing Vietnamese suppliers...

The controversy has intensified scrutiny of Mr. Huang’s ties to Beijing and sparked mixed reactions across Asia, where he is widely popular.

Cash transfers might offer immediate support, but lasting economic empowerment depends on women’s access to jobs, assets and productive resources.

Rahmon’s visit to Astana produced 14 agreements, including a fuel supply framework, but Kazakhstan’s deliveries this year show the limits of what it can provide.

Although geographically distant, the two countries have more in common than it might seem at first glance.

Suffield Academy placed its longtime head of school, Charlie Cahn III, on leave last month after learning that he was the subject of a federal investigation.