News
China’s Dongfeng plans to list EV unit, take rest private
[NEW YORK] Dongfeng Motor Group plans to withdraw its Hong Kong shares in a new twist on a long-awaited restructuring, part of a transaction that will result in a...
China’s Longi Green narrows loss as solar installations surge
Chinese authorities have amped up their rhetoric against so-called involution, pledging to put an end to the ruinous competition that bedevils a number of Chinese industriesPublished Sat, Aug 23,...
Oil prices rise, make weekly gains as Ukraine peace process stalls
[HOUSTON] Oil prices steadied on Friday (Aug 22) amid uncertainty surrounding a potential peace deal between Russia and Ukraine, with prices gaining on the week for the first time...
Former ALog Trust chief Karen Lee to lead Sabana Reit’s internal manager
The Reit’s trustee also names two new directors to the board of the internal manager[SINGAPORE] Karen Lee, who previously helmed Ara Logos Logistics Trust (ALog Trust), is expected to...
US: Wall Street opens higher as Powell’s speech looms large
Published Fri, Aug 22, 2025 · 09:43 PM[NEW YORK] Wall Street’s main indexes opened higher on Friday as investors awaited Federal Reserve Chair Jerome Powell’s Jackson Hole Symposium speech...
Creative narrows H2 loss to US$4.4 million, but US tariff threat weighs on revenue
[SINGAPORE] Creative Technology posted a US$4.4 million net loss for the six months ended June, narrowed from the year-ago US$6.8 million loss, as costs fell with lay-offs.The loss includes...
Chinese surgical robot maker Edge Medical said to file for Hong Kong IPO
The company is looking to raise about US$150 million to US$200 million as soon as this yearPublished Fri, Aug 22, 2025 · 07:02 PM[HONG KONG] Chinese surgical robot firm...
Australia orders Binance audit after flagging ‘serious concerns’
Austrac has given the company 28 days to nominate auditors, from which the agency will make a selectionPublished Fri, Aug 22, 2025 · 03:59 PM[SYDNEY] Australia’s financial crimes agency...
Tesla raises price of Cybertruck Cyberbeast in US by US$15,000
Published Fri, Aug 22, 2025 · 01:25 PMTESLA has raised the price of the Cyberbeast variant of its Cybertruck to US$114,990 from US$99,990, an increase of US$15,000, according to...
BOC Aviation net profit drops 26% to US$342 million; interim dividend at US$0.1476 per share
[SINGAPORE] Asian aircraft leasing giant BOC Aviation posted a 26 per cent drop in net profit for the first half of 2025, though the number was positive when excluding...
