Lifestyle
Chinese EV maker Nio delivers 20,176 cars in August, up 4.4% from previous year
CHINESE electric vehicle (EV) maker Nio delivered 20,176 vehicles in August, 4.4 per cent more than the corresponding year-ago period. This is also the fourth straight month which the...
European stocks’ quest to outshine US markets is fading quickly
The promise of European stocks gaining an edge over their US counterparts is fading after a brief spell of outperformance, as concerns of an economic slowdown weigh on the...
HSBC exit makes Matos one of Europe’s most sought-after bankers
As HSBC Holdings’s top executives queued up in July to publicly welcome the installation of Georges Elhedery as the bank’s next chief executive officer, one prominent voice was notably...
Hiap Hoe chairman Teo Ho Beng raises his interest in company
INSTITUTIONS were net buyers of Singapore stocks over the five trading sessions spanning Aug 23 through to Aug 29, with S$69.5 million of net institutional inflow, adding to the...
Tencent, NetEase rethink Japan approach as game strategy stalls
TENCENT Holdings and NetEase are reconsidering or scaling back many of their investments in Japanese studios, after years of spending yielded few hit games and the Chinese market staged...
Gold drops as dollar, yields firm after US inflation report
GOLD slipped 1 per cent on Friday (Aug 31) as the dollar and Treasury yields firmed after US inflation data matched expectations, but the bullion is set for a...
US: Dow notches record high close after upbeat economic data
WALL Street stocks rose and the Dow scored a second consecutive all-time closing high on Friday (Aug 30), with Tesla and Amazon climbing after fresh US economic data raised...
HK tycoon Cheng’s family office appoints son to co-CEO role
THE private investment vehicle of Hong Kong billionaire Henry Cheng’s family has appointed one of his sons as co-chief executive officer, the latest development in the family’s closely-watched succession...
