Technology
China’s Sany Heavy Industry aims to raise up to US$1.5 billion in planned Hong Kong listing: sources
CHINESE manufacturer Sany Heavy Industry is planning a listing in Hong Kong that could raise up to US$1.5 billion, two sources familiar with the matter said on Tuesday (Feb...
Complaints targeting BYD flood Chinese consumer portal after smart EV launch
COMPLAINTS about BYD over its move to offer free smart driving features across most of its line-up have flooded a prominent Chinese auto quality platform, many from customers who...
LG kicks off roadshows for US$1.5 billion India IPO
LG ELECTRONICS has started roadshows to meet potential investors in the initial public offering (IPO) of its Indian unit, sources familiar with the matter said.The South Korean company has...
Singapore shares open flat on Tuesday
SINGAPORE shares started trading flat on Tuesday (Feb 18). As at 9.02 am, the Straits Times Index (STI) opened 0.03 point higher at 3,904.88. Across the broader market, gainers...
Indonesian parliament set to vote on amendment to mining law
INDONESIA’S parliament is set to vote on Tuesday (Feb 18) on a bill to revise the country’s mining law to boost the development of domestic mineral processing industries and...
RBNZ set to deliver third half-point rate cut to revive economy
NEW Zealand’s central bank is set to deliver its third big interest-rate cut in a row and signal further reductions this year to rekindle economic growth.The Reserve Bank of...
Opec+ considers delaying April supply restart, delegates say
ORGANIZATION of the Petroleum Exporting Countries Plus (Opec+) is considering pushing back a series of monthly supply increases due to begin in April despite calls from US President Donald...
Southwest Airlines to cut 15% of corporate jobs in first-ever layoffs
SOUTHWEST Airlines will cut about 1,750 jobs in its leadership ranks, a dramatic step to reduce expenses that mark the first layoffs in the carrier’s history.The pullback will impact...
Europe: Stocks mark record closing high as defence stocks soar
EUROPEAN shares marked a record closing high on Monday (Feb 17), boosted by defence stocks as investors priced in the likelihood of increased military spending in the region, following...
Who Is Gavin Kliger? 25-Year-Old DOGE Employee Likely to Gain Access to IRS Taxpayer System Although Exact Fraud Is Still Unclear
A 25-year-old employee from Elon Musk's Department of Government Efficiency (DOGE) is set to access the IRS's sensitive tax database, according to reports. Software engineer Gavin Kliger will gain...