Posts by Nathan Pine
China EV battery giant CATL’s Hong Kong IPO positive for mainland listings: Morningstar
[SINGAPORE] Chinese electric vehicle battery maker Contemporary Amperex Technology Company Limited (CATL) seemed poised for a winning start in its Hong Kong IPO (initial public offering) on Tuesday (May 20). In the world’s largest listing this year, CATL shares jumped in its Hong Kong trading debut, raising HK$35.7 billion (S$5.9 billion) despite being blacklisted by…
Read MoreJennifer Lawrence and Robert Pattinson Divulge Secret to Their Sex Scenes in Die, My Love
Robert Pattinson Reacts to Twilight Haters “Still Stuck on That S–t” Nearly 20 Years Later Jennifer Lawrence had no hard feelings about her sex scenes with Robert Pattinson. The Oscar winner revealed the secret to feeling comfortable with the Twilight alum while filming intimate scenes for their new film Die, My Love, a psychological drama…
Read MoreCATL’s strong Hong Kong debut boosts outlook for Chinese companies’ fundraising
[HONG KONG] Shares in CATL closed 16 per cent higher on their Hong Kong debut on Tuesday (May 20) after the Chinese electric vehicle battery giant raised US$4.6 billion in the world’s largest listing this year, boosting prospects for equity sales by Chinese companies. CATL’s strong debut came despite heightened market uncertainty, a Chinese economic…
Read MoreGold eases as Russia-Ukraine ceasefire optimism curb safe-haven demand
Published Tue, May 20, 2025 · 09:21 AM [BENGALURU] Gold prices eased on Tuesday (May 20), as a firmer US dollar and optimism over a potential ceasefire between Russia and Ukraine dampened investor demand for safe-haven assets. Spot gold was down 0.4 per cent at US$3,217.50 an ounce, as at 0024 GMT. US gold futures…
Read MoreAmanda Bynes Shares Meaningful New Tattoo in Rare Personal Video
What a girl wants? A tattoo, according to Amanda Bynes. After all, the Nickelodeon alum recently got inked on her middle finger in honor of a longtime pal. “My best friend Dylan and I have been best friends for 10 years,” Amanda shared in a May 18 TikTok video. “And to mark our best friend…
Read MoreDWTS’ Brooks Nader Interested in Dating Women After Gleb Savchenko Breakup
Gordon Ramsey’s Secret Service (Fox) – May 21 Restaurateurs who are looking for a quick fix or social media glow-up are in for the surprise of their lives when famed culinary titan Gordon Ramsay trades his signature chef knives for a state-of-the-art surveillance vehicle and cutting-edge spyware in FOX’s all-new unscripted series, Gordon Ramsay’s Secret…
Read MoreLocal building boom will fuel growth, says top Vietnam steelmaker
[HANOI] Vietnam’s top steelmaker Hoa Phat Group is counting on the nation’s rising economic growth and massive infrastructure projects from railways to seaports to fuel the company’s expansion and cushion any fallout from US tariffs. The company targets 15 per cent annual revenue growth in the 2025 to 2030 period, chief executive officer Nguyen Viet…
Read MoreGM to stop exporting vehicles from US to China, company says
Published Tue, May 20, 2025 · 07:09 AM [DETROIT] General Motors informed employees and dealers for its China export business on Thursday in China that it would stop shipping vehicles to China from the United States, the company said. The move comes as the United States and China continue discussions on tariffs and other trade…
Read MoreAngry taxi drivers battle Paris police over fare change
Published Tue, May 20, 2025 · 06:49 AM [PARIS] Taxi drivers set alight wooden pallets and tyres in central Paris on Monday and police fired tear gas amid nationwide protests against a move to cut their fares for transporting medical cases. Nearly 1,000 taxis blocked roads in the capital and police said 64 people were…
Read MoreUS Federal Reserve officials signal rates likely to stay on hold until at least September
[NEW YORK] Two US Federal Reserve officials, including New York Fed chief John Williams, suggested policymakers may not be ready to lower interest rates before September as they confront a murky economic outlook. “It’s not going to be that in June we are going to understand what’s happening here, or in July,” Williams said on…
Read MoreNike lays off some workers in shakeup of technology division
Efforts to recapture growth by refocusing on sports and wholesale channels have been complicated by US President Donald Trump’s trade war and uneven spending by US consumers Published Tue, May 20, 2025 · 06:07 AM [NEW YORK] Nike is downsizing its technology division and letting go of some employees as management resets priorities. Staff in…
Read MoreUS tariff wall to hurt S-E Asia petrochemical players as excess products flood the region
[SINGAPORE] Petrochemical players in South-east Asia are bracing themselves for increasing competition, as the tariff-led breakdown of trade between the US and China creates a flood of petchem products into the region. Brian Leonal, head of Asia petrochemical pricing at Argus, said: “There will be some challenges to the petrochemical industry in South-east Asia. The…
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