Lifestyle
BYD closing in on Ford deliveries after besting Tesla on revenue
FRESH from besting Tesla on quarterly revenue for the first time as an electric vehicle (EV) company, BYD now has legacy automakers in its sight.The extraordinary sales volumes being...
Bank of Japan hints at caution on rate hike with no clear December hint
BANK of Japan (BOJ) board members discussed the need for caution on raising its benchmark rate and offered no clear hint of a move next month, a summary of...
Hedge funds shorting Tesla just lost more than US$5 billion
SINCE Donald Trump’s election win, the hedge funds clinging on to bets against Tesla have lost billions of US dollars, as they feel the fallout of the special relationship...
China’s economic rescue plan leaves commodities stuck on pause
GLOBAL commodities markets are stuck in a holding pattern after China’s latest effort to revive its economy focused on the much-needed restructuring of local government debt, but stopped short...
Shakeup of Indian airlines boosts competition, business seats
INDIA’S airlines are set for a landmark week, with two milestones days apart, that will redefine the competitive landscape in one of the world’s fastest-growing aviation markets.Vistara operates its...
MUFG is bullish on India and seeking M&A deals to drive growth
MITSUBISHI UFJ Financial Group (MUFG) is bullish on India, where it’s actively looking for acquisition targets that will help boost its presence in the world’s most populous nation. The...
Bangladesh faces reduced power supplies even after Adani payment
BANGLADESH faces a continuing shortage of electricity, increasing the risk of blackouts, even after making a partial payment to a power plant in India that slashed supply because of...
YTL Power and Sembcorp Industries among power firms likely to benefit from South-east Asia data centre boom
THE heating up of data centre growth in South-east Asia has been drawing investor interest. Now, analysts are turning the spotlight on one of the key beneficiaries of the...
