Lifestyle
Chinese EV maker BYD eyes state incentives for Mexico plant
CHINESE electric vehicle (EV) maker BYD has narrowed its list of finalists for the location of a manufacturing plant in Mexico down to three states and is reviewing a...
Bank of Korea signals rate cuts as inflation, growth slow
SOUTH Korea’s central bank kept interest rates unchanged on Thursday but signalled it was ready to start easing policy as price pressures and growth eased, raising expectations for a...
Malaysian bonds set to gain most in EM Asia from treasury rally
THE sensitivity of emerging Asian bonds to Treasuries is climbing back towards its 2024 peak, with Malaysia’s debt set to be the biggest beneficiary.The 30-day correlation between EM Asia...
PwC expects six-month ban in China for Evergrande audit: report
PRICEWATERHOUSECOOPERS’ (PwC) China unit expects the Chinese government to hand down a six-month ban that will start as early as next month as part of punishment over its audit...
LVMH’s Sephora cuts around 10% of staff in China as woes deepen
COSMETICS retailer Sephora is cutting hundreds of staff in China, according to sources familiar with the matter, as one of LVMH’s biggest brands tries to turn around a loss-making...
In a rout no one’s safe, ESG-compliant or not
IF COMPANIES with strong environmental, social and governance (ESG) performance cannot protect you from a stock market rout, what good are they?Leading ESG indices have mostly tracked their vanilla...
Hong Kong Exchange sees 9% profit gain on rising trading
HONG Kong Exchanges & Clearing (HKEX) is benefiting from mainland Chinese investors in need of diversifying their holdings at a time of turbulence in markets from Shanghai to Shenzhen.
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Court of Appeal upholds dismissal of Winson’s claim against OCBC and StanChart
THE Court of Appeal has on Wednesday (Aug 21) reaffirmed the High Court’s decision to dismiss Winson Oil Trading’s claim against OCBC and Standard Chartered (StanChart) over a US$60.9...
