Company in the news

Bytedance moving to bigger Singapore office amid expansion plan

ByteDance Ltd., the Chinese owner of video app TikTok, is moving to a bigger office in Singapore’s financial district, paving the way for it to make the city-state its beachhead for the rest of Asi

Global Economy


Quoteworthy: "Hong Kong investors’ love for HSBC is still there, but it’s indeed heart-breaking." –— Simon Yuen, founder of Surich Asset Management, referring to the ongoing slump


Remarks from Trump and Chinese government cast doubts on Oracle deal for TikTok

Doubts emerged Monday about Oracle Corp.’s deal to take over TikTok as President Donald Trump said he may still renege on his approval and the Chinese government signaled reluctance through state-o


Trump gives blessing to TikTok deal, delays app store ban

Donald Trump gave his blessing to Oracle Corp.’s bid for the American operations of TikTok, putting the popular video-sharing app on course to escape a US ban imposed as part of his pressure campai

Singapore economy

Why Singapore must be pleased to see Chinese tech giants coming to the city with investment plans worth billions of dollars

The more desperately Chinese firms seek a haven for their international operations, the more they’ll lean toward Singapore. Will their love be reciprocated? 

Broker's Calls

Tencent, ByteDance, Alibaba expansion here could bode well for HRnetGroup: CGS-CIMB

Despite the gloomy economic outlook and higher unemployment rate in Singapore, undervalued HRnetGroup could benefit from the expansion of Chinese tech firms here, according to CGS-CIMB Research.


Oracle wins deal for TikTok's US operations

Oracle Corp. is the winning bidder for a deal with TikTok’s US operations, people familiar with the talks said, after main rival Microsoft Corp.


TikTok owner to spend billions in Singapore after US ban

ByteDance Ltd., the Chinese owner of video-sharing app TikTok, is planning to make Singapore its beachhead for the rest of Asia as part of its global expansion, according to people familiar with th


Trump won’t extend Sept 15 deadline for TikTok to arrange US sale

President Donald Trump said he won’t extend his Sept. 15 deadline for ByteDance Ltd. to sell the US operations of its popular TikTok video-sharing app.

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