Ford in talks to use BYD batteries for overseas factories

Ford in talks to use BYD batteries for overseas factories

[DETROIT] Ford Motor is in talks with China’s BYD about potentially supplying batteries for hybrid vehicles to the American automaker’s overseas factories, according to sources familiar with the negotiations. BYD, the world’s top seller of electric vehicles (EVs), is among several battery suppliers Ford is talking to, said the sources, who asked not to be…

Read More

Gold slips as upbeat US data boosts dollar, dims rate-cut bets

Gold slips as upbeat US data boosts dollar, dims rate-cut bets

A firmer US dollar makes greenback-priced metals more expensive for overseas buyers [BENGALURU] Prices of gold and silver extended their losses on Friday (Jan 16) after a stronger-than-expected US economic data pushed the US dollar higher and fuelled expectations that the US Federal Reserve will not cut interest rates for a while. Spot gold eased…

Read More

US firms regain optimism on China after Trump-Xi trade truce

US firms regain optimism on China after Trump-Xi trade truce

[BEIJING] US companies are more upbeat about doing business in China after a trade truce between US President Donald Trump and Chinese leader Xi Jinping, according to a survey by the American Chamber of Commerce in China. About 48 per cent of respondents said they are optimistic about China’s market growth over the next two…

Read More

New SID platform for listcos’ board chairs to support Singapore equities market uplift

New SID platform for listcos’ board chairs to support Singapore equities market uplift

[SINGAPORE] Board chairs of companies listed on the Singapore Exchange (SGX) will now be able to tap a professional community and access expert insights and networking opportunities. Launched on Friday (Jan 16) by the Singapore Institute of Directors (SID), the platform known as the SID Chairpersons Guild also complements the national effort to strengthen the…

Read More

SID launches platform for listcos’ board chairs as Value Unlock programme opens for applications

New SID platform for listcos’ board chairs to support Singapore equities market uplift

This aims to support national efforts to strengthen the development of Singapore’s equities market [SINGAPORE] Board chairs of companies listed on the Singapore Exchange (SGX) will now be able to tap a professional community and access expert insights and networking opportunities. Launched on Friday (Jan 16) by the Singapore Institute of Directors (SID), the platform…

Read More

These awful plays stand out after DePaul’s point-shaving allegations revealed

These awful plays stand out after DePaul’s point-shaving allegations revealed

Three former DePaul basketball players are among the 39 from at least 17 NCAA Division I programs allegedly involved in a sweeping FBI investigation into point shaving.  Jalen Terry, Da’Sean Nelson and Micawber Etienne allegedly made intentional mistakes to influence the first-half spread in a February 2024 game against Georgetown in exchange for bribe payments,…

Read More

HSBC weighs future of Singapore life insurance business as analysts assess impact on wealth strategy

HSBC weighs future of Singapore life insurance business as analysts assess impact on wealth strategy

The bank says this comes under the group’s global ‘ongoing simplification’ drive [SINGAPORE] HSBC said on Friday (Jan 16) that it would conduct a strategic review of HSBC Life, its insurance manufacturing business in Singapore. The review will cover only HSBC Life Singapore, and consider all options for the insurance manufacturing business. No decision has…

Read More

HSBC to conduct ‘strategic review’ of HSBC Life

HSBC weighs future of Singapore life insurance business as analysts assess impact on wealth strategy

[SINGAPORE] HSBC said on Friday (Jan 16) that it would conduct a strategic review HSBC Life, its insurance manufacturing business in Singapore. The review will only cover HSBC Life Singapore, and will consider all options for the insurance manufacturing business. No decision has been made yet, said the bank. Its announcement comes shortly after media…

Read More