News

Beyond missing pets and packages: How Nextdoor plans to reshape its social network
Nextdoor, the once-hot social network for neighborhoods, wants to claw its way back to the top and prove that people can use the platform for more than just finding...
Volvo takes US$1.2 billion charge over tariffs and EV model delays
Volvo is also struggling to attract EV buyers in the highly competitive Chinese marketPublished Tue, Jul 15, 2025 · 04:46 PM[STOCKHOLM] Volvo Car is taking a one-time non-cash impairment...
Ericsson’s Q2 profit beats expectations, says North America growth was good
Operating profit excluding restructuring charges was 7.0 billion crowns against a year-earlier loss of 11.9 billionPublished Tue, Jul 15, 2025 · 03:06 PM[STOCKHOLM] Swedish telecom equipment maker Ericsson reported...
Japan’s 30-year bond yield hits record high ahead of key election
[TOKYO] Japan’s 30-year government bond fell on Tuesday (Jul 15), with the yield hitting a record high, on concerns about the nation’s fiscal health ahead of a closely monitored...
Chinese firms rush to buy Nvidia H20 AI chips as sales set to resume
[BEIJING/HONG KONG] Chinese firms are scrambling to buy Nvidia’s H20 artificial intelligence chips, two sources told Reuters, as the company said it planned to resume sales to the mainland...
Indonesia looking at levy on coal exports to boost state coffers
Prabowo Subianto’s administration has been rolling out an array of revenue-boosting measures to fund the president’s big-ticket spending plansPublished Tue, Jul 15, 2025 · 12:03 PM[JAKARTA] Indonesia, the world’s...
Thailand to name Vitai Ratanakorn as central bank chief, reports say
[BANGKOK] Thailand is poised to name veteran banker Vitai Ratanakorn as the next governor of the central bank, local media reported ahead of a Cabinet meeting likely to endorse...
FCT extends Northpoint City South Wing management by a year
The automatic renewal follows the March acquisition of the mall’s South Wing.Published Tue, Jul 15, 2025 · 10:28 AM[SINGAPORE] The manager of Frasers Centrepoint Trust announced on Monday (Jul...
China Medical System surges 6% at the open with its secondary listing on SGX
[SINGAPORE] Shares of China Medical System (CMS) jumped 6 per cent at market open with its secondary listing made on the mainboard of the Singapore Exchange (SGX) on Tuesday...
Global EV sales jump 24% in June though North American market struggles: research firm
GLOBAL sales of electric and plug-in hybrid vehicles jumped 24 per cent in June from a year ago, as a switch to electric vehicles maintained momentum in China and...
Boeing’s triple China deliveries sign of easing trade tensions
Published Tue, Jul 15, 2025 · 08:15 AM[HONG KONG] Chinese airlines took delivery of three Boeing aircraft on Sunday (Jul 13), a rare same-day triple handover that points to...
Federal Reserve’s Powell asks watchdog to take fresh look at renovation project: Politico
Published Tue, Jul 15, 2025 · 07:16 AM[WASHINGTON] US Federal Reserve Chair Jerome Powell has asked the Fed board’s inspector general to take a fresh look at the project...