Lifestyle
China’s Duality Biotherapeutics shares rise 130% in Hong Kong debut
[SYDNEY] Duality Biotherapeutics stock more than doubled on its Hong Kong debut on Tuesday (Apr 15), after the Chinese firm raised US$213 million in an initial public offering (IPO)...
Nomura scales back China wealth unit, seeks new securities CEO
[HONG KONG] Nomura Holdings has scaled back its original focus on China wealth to prioritise an expansion in brokerage and asset management in the world’s second largest economy, according...
Morgan Stanley, JPMorgan lead US$16.5 billion bank borrowing spree
[NEW YORK] Morgan Stanley and rival JPMorgan Chase are raising a combined US$14 billion in the US investment-grade market on Monday (Apr 14), the first of the six biggest...
CATL reports 33% jump in net income even as battery prices fall
[HONG KONG] Chinese battery making giant Contemporary Amperex Technology Co Limited (CATL) reported a 33 per cent jump in first-quarter earnings, defying a slowdown in demand for electric vehicles...
New Zealand central banker says inflation hit from higher tariffs ‘more ambiguous’
Since the start of April, global markets have been rocked by volatility, while policymakers have been grappling with heightened recession risks[WELLINGTON] Higher tariffs and uncertainty about global trade policy...
China suppliers mock tariffs with Nike, Lululemon deals on TikTok
[NEW YORK] TikTok users in the US are being inundated with videos from Chinese influencers encouraging American buyers to overcome punitive Trump tariffs by buying direct from the “world’s...
LVMH sales fall as shoppers curb spending on luxury goods
[PARIS] LVMH sales fell more than expected in the first quarter, weighed down by weak demand for luxury goods in China and the US and the threat of a...
Nvidia to produce AI servers worth up to US$500 billion in US over four years
[BENGALURU] Nvidia said it is planning to build AI servers worth as much as US$500 billion in the US over the next four years with help from partners such...
