Geely chairman says global auto industry faces ‘serious overcapacity’
Chinese automakers that have been building plants abroad include BYD, Chery Auto and Great Wall MotorPublished Mon, Jun 9, 2025 ...
Tag: Faces
UBS faces tough new Swiss banking sector rules
The Swiss government on Friday (Jun 6) proposed stricter rules for UBS following its takeover of Credit Suisse, which could ...
Laopu Gold’s 2,300% rally faces test after stock hits HK$1,000
A BREATHTAKING rally in Laopu Gold is facing a critical test after its stock price hit HK$1,000 (S$164), a rare ...
BYD faces growing backlash over EV price war as May sales jump
BYD shares continued their plunge despite monthly sales climbing to the highest this year as the steep discounts the industry ...
Apple Faces New Penalties as EU Publishes Full Antitrust Decision
Image: Guillaume Périgois/Unsplash Even 30 days after being hit with a €500 million fine, Apple is still not in compliance ...
Temu-owner PDD Holdings profit dives as it faces challenges at home and abroad
Chinese e-commerce firm PDD Holdings saw first-quarter net profit fall 47 per cent to 14.7 billion yuan (S$2.6 billion) as ...
Nomura faces rare vote over shareholder’s name-change proposal
Nomura Holdings has received a shareholder proposal that it will put to a vote for the first time in 13 ...
Julius Baer faces US$156 million loan loss charge
Julius Baer Group said it’s booking another large loss from property developments it helped finance, just as the Swiss wealth ...
Alibaba shares slide as AI deal with Apple faces US scrutiny
Shares of Alibaba Group Holding slumped after a report that the Trump administration has raised concerns over Apple’s potential deal ...
Coinbase Suffers Major Cyberattack, Faces Probe Amid S&P 500 Entry
The cryptocurrency industry has faced a challenging month due to security breaches and renewed regulatory scrutiny. Less than a month ...
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