Lifestyle
Hong Kong to maintain US dollar peg despite geopolitical tensions
Published Mon, Jun 9, 2025 · 03:02 PM[SHANGHAI] Hong Kong will maintain its currency peg to the US dollar, the financial hub’s leader said in an interview published on...
Bank of England risks repeat of Brexit pessimism as growth signals diverge
[LONDON] Bank of England (BOE) rate-setters risk underestimating the strength of the UK economy by placing too much faith in downbeat business surveys over official growth data.Governor Andrew Bailey...
Income Insurance chairman Ronald Ong to retire from role after seven years at helm
[SINGAPORE] Income Insurance chairman Ronald Ong will retire from his role after seven years at the helm, the company announced on Monday (Jun 9).The board has begun a succession...
CapitaLand Investment expands fund with Japan asset acquisition at 30 billion yen
[SINGAPORE] CapitaLand Investment (CLI) on Monday (Jun 9) announced that it secured additional capital commitments from new and existing institutional investors for its value-add lodging private fund, CapitaLand Ascott...
BYD unleashes an EV industry reckoning that alarms Beijing
[BEIJING] The price war engulfing China’s electric vehicle (EV) industry has sent share prices tumbling and prompted an unusual level of intervention from Beijing. The shakeout may just be...
China’s copper boom under threat as miners test bargaining power
[BEIJING] The unrelenting expansion of Chinese copper processing capacity over the past few years has now become a global headache, as smelters scramble to secure the ore they need...
Geely chairman says global auto industry faces ‘serious overcapacity’
Chinese automakers that have been building plants abroad include BYD, Chery Auto and Great Wall MotorPublished Mon, Jun 9, 2025 · 07:29 AM[SHANGHAI] Geely’s chairman and founder Li Shufu...
Little known sweet potato producer Zixin Group could be a treat for investors
[SINGAPORE] Catalist-listed Zixin Group is hardly considered a household name on the Singapore Exchange (SGX). The company describes itself as “a leading biotech-focused sweet potato integrated industrial value chain...
