Technology
China’s BYD aims to get half of auto sales from global markets
CHINA’S top-selling automaker BYD expects overseas deliveries to account for almost half of total sales in the future, suggesting it will continue to set up global production hubs to...
Alibaba’s connect membership may be a boon for overseas stocks
ALIBABA Group Holding’s impending inclusion in the Stock Connect may unleash as much as US$3.2 billion of cash across global markets. Analysts say that Japan and US equities are...
Seven & i seeks government protection after US$38 billion approach
SEVEN & i Holdings wants the Japanese government to require prior notification of any purchase of its shares above 10 per cent, sources familiar with the matter said, raising...
Keppel Infrastructure Trust closes private placement at S$0.438 apiece
KEPPEL Infrastructure Trust (KIT) has closed its private placement at S$0.438 apiece with 456.6 million new units issued, representing the top end of the price range proposed the day...
Panama Canal eases limits that caused global shipping bottleneck
THE Panama Canal is lifting restrictions that caused a global shipping bottleneck as water levels normalise after a severe drought.
The Panama Canal Authority increased the draft in the...