April
China’s capital outflow surges to highest since 2016 in April
CHINA’S capital outflows worsened in April, underscoring headwinds for the yuan amid a weak domestic economy and uncertainties over the Federal Reserve’s rate trajectory.
China’s capital outflow surges to highest since 2016 in April
CHINA’S capital outflows worsened in April, underscoring headwinds for the yuan amid a weak domestic economy and uncertainties over the Federal Reserve’s rate trajectory.
Developers sell 301 new homes in April, down 58%, on fewer launches
DEVELOPERS in Singapore chalked up 301 new private home sales in April, 58.1 per cent lower than March’s take-up as fewer new units were launched in the month, official...
TSMC keeps sales growth up in April as AI drives 60% jump
TAIWAN Semiconductor Manufacturing Company (TSMC) saw April sales jump 60 per cent to NT$236 billion (S$9.9 billion) as sustained artificial intelligence (AI) demand was helped by the beginnings of...
Elon Musk proposed to launch robotaxis in China during April visit: state media
ELON Musk proposed testing Tesla’s advanced driver-assistance package in China by deploying it in robotaxis, during his recent visit to the country, the state-backed China Daily newspaper reported on...
SGX securities turnover jumps 37% in April; derivatives activity continues to gain ground
TOTAL securities market turnover value on the Singapore Exchange (SGX) climbed 37 per cent year on year to S$25.5 billion in April, the highest since March 2023.
The jump in...
Tesla’s China-made EV sales fall 18% y/y in April
US AUTOMAKER Tesla sold 62,167 China-made electric vehicles in April, down 18 per cent from a year earlier, China Passenger Car Association (CPCA) data showed on Tuesday (May 7).
Deliveries...
Volvo Cars April sales rise on strong EV demand
Volvo Cars’ sales rose 27 per cent in April from a year earlier to 65,838 cars, boosted by demand for electric and hybrid vehicles, the Sweden-based group said on...
