Real Estate
Honda leaves door open to revise EV strategy
HONDA Motor said it’s open to altering its electrification roadmap if demand for pure battery cars continues to wane, a sign the Japanese automaker may ultimately join international peers...
Gold and coffee boost September hedge fund returns: Societe Generale
GOLD and coffee helped to deliver trend-following hedge funds a positive result in September, a Societe Generale note showed on Tuesday (Oct 8), thanks to record commodities prices, rising...
US: Wall Street rises as focus turns to inflation data, earnings
Wall Street’s main indexes opened higher on Tuesday (Oct 8), regaining some ground after a selloff in the previous session, as investors turned their focus to the start of...
China’s BYD wants to build cars in India, but has no ‘direct’ signal of investment rules easing
CHINA’S BYD wants to make cars in India but has received no “direct” signal from New Delhi on a possible easing of stringent investment rules for Chinese businesses, a...
GIC weighs sale of US$5 billion stake in India’s Greenko, sources say
Prospective investors include infrastructure-focused funds, sovereign wealth funds and other energy companiesGIC has been considering options for its 50 per cent stake in India’s Greenko Energy, including a possible...
China hits out at EU brandy in tit-for-tat after EV tariff vote
CHINA imposed temporary anti-dumping measures on brandy imports from the European Union on Tuesday (Oct 8), hitting brands from Hennessy to Remy Martin, after the 27-state bloc voted for...
Gold flat as markets await Fed minutes
GOLD prices were flat in early Asian hours on Tuesday (Oct 8) as market participants awaited minutes of the US Federal Reserve’s last meeting and more economic data for...
Banks tap Hong Kong’s discount window for most funds since 2019
HONG Kong banks borrowed the largest amount of short-term cash in almost five years from authorities, a move pointing to a sudden demand for liquidity.The Hong Kong Monetary Authority...
