Trade
Chinese EVs defend market share in Europe as trade tension escalates
CHINESE electric-car brands held on to their share of the slumping European electric vehicle (EV) market in May, ahead of new tariffs designed to protect local carmakers from their...
Singapore banks log share price gains in morning trade
The strong performances come ahead of the impending Federal Open Market Committee’s meetingTHE three local banks were trading at elevated levels over the first half of Tuesday’s (Jul 2)...
China’s plastics boom is set to create another trade headache
A SURGE of Chinese plastic supply is threatening to overflow in the face of weak domestic demand, morphing into a fresh trade challenge for the rest of the world.Parts...
Citadel buys Goldman alum’s company to trade power in Japan
KEN Griffin’s Citadel is buying Energy Grid, a company that trades and sells power products, as the hedge fund firm expands its commodities business in Japan. The acquisition of...
Tesla sues ex-supplier over EV battery trade secrets
TESLA has sued its former supplier Matthews International in California federal court for allegedly stealing trade secrets related to Tesla’s battery-manufacturing process and sharing them with the electric-vehicle (EV)...
Saudi Aramco shares trade higher after share offering
Saudi Aramco’s shares gained on Sunday (Jun 9), the first trading day after a secondary share offering expected to raise at least US$11.2 billion.The shares opened at 27.95 riyals...
Saudi Aramco shares trade higher after share offering
Saudi Aramco’s shares gained on Sunday (Jun 9), the first trading day after a secondary share offering expected to raise at least US$11.2 billion.The shares opened at 27.95 riyals...
The US$10,000 shipping container is again the talk of global trade
Companies transporting goods from Asia face costs of as much US$10,000 for an urgent full-size shipping container over the next month – about double current spot rates, according to...
