Markets

The United States must work with allies to secure the minerals needed for electric vehicle batteries and process them domestically in light of environmental and other competing interests, the White House said on Tuesday.

SEOUL: South Korea's battery maker LG Energy Solution Ltd has applied for preliminary approval for an initial public offering, Korea Exchange said on Tuesday. (Reporting by Heekyong Yang; Editing by Kirsten Donovan)

Tesla Inc sold 33,463 China-made electric cars in May, including exports, a 29per cent jump from April, according to data from the China Passenger Car Association (CPCA) on Tuesday. China's overall passenger vehicle sales jumped 1.1per cent to 1.66 million cars in May from a year earlier, CPCA ......

Taiwan's exports rose for an 11th straight month in May, and far exceeded expectations, boosted by global demand for microchips and hi-tech gadgets in the work-from-home pandemic boom, but the island's own COVID-19 spike could cloud the outlook. Exports rose 38.6per cent from a year earlier to ...

China's top banking watchdog has named Liang Qiang, an asset management veteran, as deputy communist party boss of the embattled China Huarong Asset Management Co, the company revealed in a statement on Tuesday.

SINGAPORE: The National Environment Agency (NEA) will raise the minimum energy performance standards (MEPS) for the four appliance types it regulates starting next year, it said on Tuesday (Jun 8). The move is part of NEA's ongoing efforts to help households become more energy efficient ...

THE trend of Singapore banks trimming office space is not spelling doom and gloom in the leasing market.

JAKARTA: Indonesia aims for three nickel smelters to be completed and operational this year, an official at the country's energy and natural resources ministry said on Tuesday, without specifying the capacity of the smelters. Two of the smelters, operated by PT Smelter Nickel Indonesia and PT ...

KUALA LUMPUR: Malaysian glove maker Hartalega Holdings Bhd has completed the remediation of its workers recruitment fees amounting to 41 million ringgit (US$9.96 million), ahead of its target, it said in a bourse filing on Tuesday. An independent party has been appointed to verify all ...

Drugmaker Mundipharma has included Boyu Capital and state-owned Sinopharm on a shortlist of bidders for its Chinese business, two people familiar with the situation said.