Hit
GM sees US$5 billion hit to restructure troubled China business
GENERAL Motors will incur more than US$5 billion in charges and writedowns tied to its troubled operations in China as the automaker tries to salvage its once-profitable business in...
Indonesia must shut coal plants every year to hit climate goal
INDONESIA needs to shut multiple coal plants a year while also tripling renewables to meet its new president’s ambition of a full phase-out of the fossil fuel by 2040,...
International K-Drama Day 2024: Queen of Years, Family By Choice, and Other Hit Shows
International K-Drama Day 2024 is celebrated by Korean drama lovers in various parts of the world on Friday (November 29). People can watch several fun-loving Korean mini-series, like Queen...
Australia shares hit record high again on boost from banks
Australian shares hit a record high on Thursday (Nov 28), helped by a sustained rally in the heavyweight banking stocks, despite concerns over valuation and the impact of high...
How a strong US dollar and Trump policy hit Asian, trade-exposed currencies
IN THE past month, the US dollar has strengthened against several Asian currencies – spelling bad news for the region’s trade sectors, while offering limited benefits to its tourism...
Lui Che Woo, casino tycoon who hit jackpot in Macau, dies at 95
LUI Che Woo, the Hong Kong tycoon whose fortune grew alongside neighbouring Macau’s casino industry, has died. He was 95.
He died on Nov 7, according to a statement released...
S&P 500 expected to hit new heights
SINCE Oct 17, the S&P 500 has seen a 3 per cent pullback from its swing high level of 5,878, weighed by a concurrent 5 per cent rise in...
Pierre Cardin to be hit with EU antitrust fine for cross-border sales curbs: sources
FRENCH fashion house Pierre Cardin is set to be fined in the coming weeks for licensing and distribution deals with German clothing maker Ahlers in breach of European Union...
