Leadership
Xiaomi’s automobile plant expansion to be completed in mid-2025, report says
CHINESE smartphone maker Xiaomi is expected to complete the construction of an expansion of its electric vehicle factory in mid-2025, according to government-backed Chinese media on Wednesday (Oct 23).
The...
Japan bonds are latest casualties as Fed rate fears jolt markets
Japan’s bonds are the latest to succumb to a global debt selloff as traders unwind bets for aggressive US interest-rate cuts.Yields on Japan’s 40-year government debt rose to a...
Hyundai testing novel hydrogen production as part of green push
HYUNDAI Motor’s plant in Georgia has been running its internal logistics operations using hydrogen and the South Korean automaker has been testing domestic production of the fuel using biogas...
Australia’s Qantas hits record high as Jefferies lifts price target
SHARES of Qantas Airways hit an all-time high on Wednesday (Oct 23) after Jefferies analysts hiked their price target on Australia’s flag carrier, on the back of low fuel...
China Resources Beverage shares climb 14% in Hong Kong debut
SHARES of China Resources Beverage Holdings rose 14 per cent early in their trading debut in Hong Kong, showing a strong response to one of Hong Kong’s biggest initial...
HSBC revamp by new CEO Georges Elhedery stumps staffers, investors alike
HSBC Holdings’ new chief executive officer just unveiled the biggest overhaul of the company in at least a decade, but it was missing some key details for employees and...
Stocks to watch: Mapletree Logistics Trust, CapitaLand Ascott Trust, Keppel Infrastructure Trust, Parkway Life Reit
THE following companies saw new developments that may affect trading of their securities on Wednesday (Oct 23):Mapletree Logistics Trust (MLT): The logistics real estate investment clocked a 10.6 per...
US banks brace for open banking era of consumer data sharing
US BANKS will now have to give customers access to their financial data after the top consumer watchdog finalised a long-awaited rule aimed at fuelling more competition for financial...
