China's venture capital boom shows signs of turning into a bust

CHINA went through a five-year surge in venture capital (VC) investment that fostered a new generation of startups from ride-hailing giant Didi Chuxing to TikTok-parent Bytedance Ltd. Now the boom...

Centurium Capital raises over $2.7b from GIC, Temasek, among others

HONG KONG • China's Centurium Capital, a big backer of domestic start-up Luckin Coffee, said it has raised more than US$2 billion (S$2.7 billion) in its debut fund, giving the private equity firm...

China's rocket startups go small in age of 'shoebox' satellites

DURING initial tests of their 8.1 m tall reusable rocket, Chinese engineers from LinkSpace, a startup led by China's youngest space entrepreneur, used a Kevlar tether to ensure its safe return....

China names new chief for world's largest bank

SHANGHAI • China has named a new chief for the Industrial and Commercial Bank of China (ICBC), the world's largest lender by assets, people with knowledge of the matter said.

Bike-sharing firms seek ways to stay afloat

Each morning, Ms He Xiaoyuan rides a shared electric scooter to the train station, hops on the train for three stops, before riding a shared bicycle to her workplace.

Information and communications tech: Start-up sets AI on smart tourism sector

A Singapore-based tech start-up is making a bid to take on Chinese giants Alibaba and Tencent in the smart tourism industry.

More Singapore firms expected to take part in Shanghai expo

China will continue to be a key market for Singapore companies, an Enterprise Singapore official said a day after Beijing cut its annual growth target.

China remains key market for local firms, says Enterprise Singapore

SINGAPORE - China will continue to be a key market for Singapore companies, an Enterprise Singapore official said on Wednesday morning.

Best World hiring third party to review practices

Best World International is hiring an independent reviewer to scrutinise its business and accounting practices, after The Business Times raised concerns last week over the challenges in tracking...

New pan-Asia body to help regional fintech players grow

A new pan-Asia network for fintech players was launched in Singapore yesterday, bringing together Asian fintech start-ups, financial institutions and banks to trade knowledge and expertise in the...