Leadership
China’s electric vehicles lose ground in EU after new tariffs take effect
EUROPEAN Union tariffs slowed the influx of Chinese-made electric vehicles (EVs) in July, as the bloc moved to protect its automakers from low-cost competition.The number of new EVs that...
Australia’s ASX profit slips as regulator scrutiny drives up costs
AUSTRALIAN stock market operator ASX said annual underlying profit slipped below market expectations due to higher expenses stemming in part from a troubled software upgrade that sparked a regulator...
Gold eyes weekly gain on US rate-cut bets
GOLD prices steadied on Friday (Aug 16) and were headed for a weekly gain on optimism about a US interest rate cut, while traders wait for Federal Reserve chairman...
Australia’s NAB posts lower cash earnings, flags decline in asset quality
NATIONAL Australia Bank (NAB) posted an 8 per cent drop in its third-quarter cash earnings on Friday (Aug 16), pressured by lower revenue and higher operating expenses, and flagged...
Philippine central bank sees room for one more rate cut this year
THE Philippine central bank sees room for one more interest rate cut this year, its governor said on Friday (Aug 16).“We will always be assessing the situation, but given...
SingPost records 105.2% higher Q1 operating profit of S$24.4 million
SINGAPORE Post (SingPost) on Friday (Aug 16) announced first-quarter operating profit of S$24.4 million, up 105.2 per cent from S$11.9 million in the corresponding period the previous year.Revenue rose...
Qualcomm extends sponsorship of Manchester United until 2029
QUALCOMM, the biggest maker of chips that run mobile phones, extended a new sponsorship deal with Manchester United Football Club until 2029, saying the tie-up is already boosting its...
US: Stocks rally as recession fears recede
WALL Street logged a strong showing on Thursday (Aug 15) with all three major indices rallying on the back of encouraging consumer data that soothed earlier fears of a...
