Leadership
Tokyo: Nikkei plunges 3% after Wall Street drop
JAPAN’S key Nikkei index dropped more than three per cent on Wednesday, weighed down by falls on Wall Street following lacklustre manufacturing data.The benchmark Nikkei 225 was down 3.06...
China’s Geely unveils compact EV to challenge BYD’s Seagull
GEELY Automobile Holdings on Tuesday (Sep 3) unveiled its first compact electric vehicle (EV), aiming to challenge the dominance of BYD’s Seagull in the entry-level segment in China.The car,...
Nvidia gets DOJ subpoena in escalating antitrust probe
THE US Justice Department (DOJ) sent subpoenas to Nvidia and other companies as it seeks evidence that the chipmaker violated antitrust laws, an escalation of its investigation into the...
Oil slumps about 5% as end to Libyan dispute in sight
OIL prices settled nearly 5 per cent down on Tuesday at their lowest levels in nearly nine months on signs of a deal to resolve a dispute that has halted...
US dollar hovers at two-week high; yen grabs spotlight
THE greenback hovered near a two-week high on Tuesday (Sep 3) ahead of a slew of economic data, including Friday’s US payrolls, that could influence the size of an...
Asia-Pacific set for takeoff in global air traffic despite supply-chain issues
THE Asia-Pacific region is set to dominate global air passenger traffic growth in the next 15 years, with the numbers projected to more than double the 2019 levels in...
Asia-Pacific set for takeoff in global air traffic despite supply-chain issues
THE Asia-Pacific region is set to dominate global air passenger traffic growth in the next 15 years, with the numbers projected to more than double the 2019 levels in...
Saudi wealth fund to tap bond markets for fourth time this year
The PIF is also looking to raise a benchmark 2032 green bond at a targeted spread of around 135 basis points above US TreasuriesSaudi Arabia’s sovereign wealth fund is...
