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CATL’s strong Hong Kong debut boosts outlook for Chinese companies’ fundraising
CATL’s strong Hong Kong debut boosts outlook for Chinese companies’ fundraising
[HONG KONG] Shares in CATL closed 16 per cent higher on their Hong Kong debut on Tuesday (May 20) after the Chinese electric vehicle battery giant raised US$4.6 billion...
China lowers benchmark lending rates for first time since October
China lowers benchmark lending rates for first time since October
Published Tue, May 20, 2025 · 09:30 AM[SHANGHAI] China cut benchmark lending rates for the first time since October on Tuesday, after Beijing announced sweeping monetary easing measures earlier...
China lowers benchmark lending rates for first time since October
China’s central bank cuts two key rates to historic lows
[BEIJING] China’s central bank on Tuesday (May 20) cut two key interest rates to historic lows, as Beijing battles to stimulate its economy amid seesaw trade tensions with the...
Huawei unveils in-house operating system to replace windows
Huawei unveils in-house operating system to replace windows
HUAWEI Technologies debuted its first in-house operating system for personal computers, offering an alternative to Microsoft’s Windows as China pushes to replace American technologies amid rising geopolitical tensions.The company’s...
Microsoft strikes deal with Musk to host Grok AI
Microsoft strikes deal with Musk to host Grok AI
[SEATTLE] Microsoft on Monday said its business cloud servers will now host technology from xAI, days after the chatbot from the company owned by Elon Musk went off the...
Oil settles up as signs of US-Iran impasse counter economic concerns
Oil settles up as signs of US-Iran impasse counter economic concerns
[NEW YORK] Oil prices settled marginally higher on Monday as signs of a breakdown in US talks with Iran over its nuclear programme offset a Moody’s downgrade of the US...
Billionaire Richard Li’s FWD Group again files for Hong Kong listing
Billionaire Richard Li’s FWD Group again files for Hong Kong listing
Its previous attempts to go public were scuttled by regulatory delays and market volatilityPublished Mon, May 19, 2025 · 11:10 PM[HONG KONG] FWD Group, a Hong Kong-based insurer backed...
JPMorgan says interest income could rise this year even as uncertainty persists
JPMorgan says interest income could rise this year even as uncertainty persists
[NEW YORK] JPMorgan Chase could earn more from interest payments this year as consumers and businesses remain resilient despite economic uncertainty, it said on Monday (May 19).Net interest income...
Q&M Dental cash offer for Aoxin Q&M shares to close on Jun 16
Q&M Dental cash offer for Aoxin Q&M shares to close on Jun 16
Offeror does not intend to revise offer price nor or extend offer beyond closing date[SINGAPORE] Q&M Dental Group said on Monday (May 19) that its mandatory unconditional cash offer...
SingPost, FedEx deepen partnership with islandwide roll-out of parcel drop-off service
SingPost, FedEx deepen partnership with islandwide roll-out of parcel drop-off service
The expanded collaboration aims to streamline the delivery process and enhance service efficiency, particularly for cross-border shipments[SINGAPORE] Singapore Post (SingPost) has ramped up its partnership with global transport company...