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Ferrari set to extend record-breaking gains, Morgan Stanley says
FERRARI’s outperformance of rival carmakers and luxury-goods brands this year is a reward for its “fierce brand loyalty” and low exposure to China, according to Morgan Stanley analysts, who...
Oil prices fall 2% on economic worries, technical decline
OIL prices fell about 2 per cent on Tuesday on worries that slower economic growth in the US and China could reduce demand for energy, especially after prices surged...
China’s July net gold imports via HK rise for first time since March
CHINA’S net gold imports via Hong Kong in July rose by about 17 per cent from the previous month, the first increase since March, data showed on Tuesday (Aug...
Singapore shares add to gains on Tuesday; STI ticks up 0.1%
Gainers beat losers 264 to 249 across broader market, as 1 billion shares worth S$1 billion change handsSINGAPORE shares rose on Tuesday (Aug 27), as investors took stock of...
Toyota and BMW to upgrade fuel cell alliance, Nikkei Asia says
TOYOTA Motor and BMW are set to upgrade their partnership in fuel cell vehicles, Nikkei Asia reported on Tuesday (Aug 27).
The two automakers will sign a memorandum of understanding...
Asia: Markets retreat after rally, oil dips but Middle East worries linger
ASIAN markets slipped on Tuesday following a tepid day on Wall Street as traders took a breather from a recent rally fuelled by bets on a US interest rate...