Shein’s job cuts in Singapore underscore challenges facing fast-fashion giant

Source: Tech – South China Morning PostThe job cuts by Shein in Singapore reflect how the…

Intel rebuffs Arm after SoftBank-owned firm asked to buy US chip maker’s product unit

Source: Tech – South China Morning PostIn the high-level inquiry, Arm did not express interest in…

China, South Korea, Taiwan to spend most on chip equipment in 2025-2027, industry body says

Source: Tech – South China Morning PostSemiconductor makers will spend a record US$400 billion on computer…

Tencent unloads US$206 million in Futu shares amid China’s economic stimulus push

Source: Tech – South China Morning PostTencent has been unwinding some of its investment portfolio and…

Biden administration blocks ‘second China shock’ with tariffs, US ambassador says

Source: Tech – South China Morning PostEnvoy also warns that more sanctions on Chinese entities may…

PayPal courts cross-border merchants in Shenzhen with expanded services in China

Source: Tech – South China Morning PostThe financial tech firm launched PayPal Complete Payments on Thursday,…

Alibaba sets US$142 million promotion to waive delivery fees for Hong Kong’s Taobao users

Source: Tech – South China Morning PostDelivery charges on the city’s Taobao users will be waived…

Fiat and Jeep owner Stellantis’ CEO follows Chinese route to avoid EV tariff ‘trap’

Source: Tech – South China Morning PostCarlos Tavares, CEO of Stellantis, a major investor of EV…

Italy opens greenwashing probe into Shein website

Source: Tech – South China Morning PostItaly’s antitrust agency has launched a probe into a company…

OpenAI’s Sam Altman could get 7% stake as start-up discusses shift to for-profit model

Source: Tech – South China Morning PostOpenAI is considering these changes against the backdrop of an…

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