News
Malaysia’s IHH unit seeks up to 109 billion rupees in damages from Japan’s Daiichi Sankyo
Northern TK Venture alleges Japan’s Daiichi Sankyo blocked its 2018 bid for an Indian hospital chain, causing financial losses.Published Tue, May 20, 2025 · 07:08 PM[BENGALURU] IHH Healthcare said...
Hong Kong dollar funding cost drops in FX intervention aftermath
Hibor extended its drop as it fell below 1% on Tuesday (May 20) for the first time since 2022Published Tue, May 20, 2025 · 03:23 PM[HONG KONG] Hong Kong’s...
Japan’s Honda to scale back on electric vehicles, concentrate on hybrids
The company says it expects to sell 2.2 million to 2.3 million hybrid vehicles by 2030Published Tue, May 20, 2025 · 02:17 PM[TOKYO] Honda Motor said on Tuesday (May...
Asia: Markets rebound to track Wall Street up as China cuts rates
[HONG KONG] Asian markets rose on Tuesday as investor sentiment returned following the previous day’s US rating-fuelled losses, with sentiment also boosted after China cut interest rates to historic...
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...
CATL’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...
Gold 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...
Local 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...
GM 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...
Angry 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...
