War
STMicroelectronics CEO says China is a growth market despite US chip war
CHINA remains an important growth market for French-Italian semiconductor STMicroelectronics (STM), despite increasing US-China tensions over semiconductors, the company’s chief executive said on Tuesday (Mar 12). Speaking at a...
War insurers shrug off Rubymar sinking in Red Sea, rates stable
THE cost of war risk insurance through the Red Sea remained stable on Monday (Mar 4) despite the sinking of the Rubymar cargo ship as underwriters had already factored...
Tesla rolls out new incentives in China as price war escalates
TESLA unveiled new incentives, including insurance subsidies, on Friday (Mar 1) to woo consumers in the world’s largest auto market, where the US electric vehicle (EV) giant is in...
BYD amps up brutal China EV price war with bigger discounts on new car versions
CHINESE electric vehicle giant BYD on Wednesday (Feb 28) unveiled lower-priced new versions of its Han sedans and Tang SUVs, deepening a protracted and brutal price war in the...
Li Auto jumps 25% as earnings withstand China EV price war
LI AUTO shares soared in Hong Kong after upbeat earnings showed the electric-vehicle maker is showing promise in China’s hyper-competitive market. The stock rose 25 per cent on Tuesday...
Crude palm oil sees tug of war between bull and bears
THE prices of the benchmark active Malaysian crude palm oil futures contract remained ensnared in a tight range throughout the week starting Feb 19, weighed down by a medley...
Commentary: Elon Musk bought Twitter just to break it. With a new war, we’re paying the price