Entrepreneurship
US: Wall St opens lower with Powell’s testimony on tap
WALL Street’s main indexes opened lower on Tuesday (Feb 11), as investors awaited a testimony from Federal Reserve Chair Jerome Powell for insight on tariffs and their impact on...
BP pledges reset as annual profit dips below US$9 billion
BP CEO Murray Auchincloss pledged on Tuesday (Feb 11) to fundamentally reset the company’s strategy as it reported a 35 per cent fall in annual profits, missing analysts’ expectations.
The...
I Squared eyes DigitalBridge towers in South-east Asia: source
I SQUARED Capital is considering buying some of the assets of DigitalBridge Group’s South-east Asian telecom tower operator, according to people with knowledge of the matter.
DigitalBridge had been...
HSBC hires ex-BNP banker Sun as head of debt markets for Asia
HSBC Holdings hired former BNP Paribas banker George Sun as head of global debt markets for Asia, attracting an outsider even as the bank undergoes a restructuring.
A spokeswoman...
China’s CATL to raise at least US$5 billion in Hong Kong listing: sources
CHINESE battery giant CATL is expected to raise at least US$5 billion in a Hong Kong listing, according to two sources with direct knowledge of the matter.
CATL did not...
BYD shares hit record high, trouncing Tesla’s stock this year
BYD shares briefly rose to their highest intraday price on record, reflecting optimism that the Chinese electric vehicle (EV) leader will further challenge peers such as Tesla through its...
BYD shares hit record high, trouncing Tesla’s stock; to integrate DeepSeek and broaden self-driving tech
BYD shares briefly rose to their highest intraday price on record, reflecting optimism that the Chinese electric vehicle (EV) leader will further challenge peers such as Tesla through its...
CDL Kiwi unit’s NZ$2.25-per-share offer ‘too low and inadequate’: M&C New Zealand
THE offer by City Development Limited’s (CDL) wholly owned subsidiary to take Millennium & Copthorne Hotels New Zealand (MCK) private at NZS$2.25 per share is “too low and inadequate”....
Price spikes, demand fears cast shadow over metal markets amid Trump’s 25% tariffs
Markets are in the dark as key details of Trump’s tariffs on steel and aluminium imports are still pending; experts fear heightened volatilityREACTION in the metals markets to US...
Macquarie, HSBC to start talks to join Australia Post pact
Australia Post has one of the largest retail networks nationally and runs more than 4,000 post officesA TRIO of major lenders may join a banking service run by Australia’s...
