China's Baidu Inc and automaker Geely hired Mobike co-founder and former chief technology officer Xia Yiping as chief executive of their new electric vehicle venture, the search engine giant said on Monday.
The Chinese government has made an investment in BGI Genomics Co, a listed Chinese company that has supplied millions of COVID-19 tests globally as the gene firm seeks to fund exponential growth driven by the pandemic.
THE maximum central clearing tenor for over-the-counter Singapore Overnight Rate Average (Sora) derivatives by global clearing house LCH has been extended to 21 years from 5.5 years previously.
HSBC Holdings PLC will update its "transformation" plan announced a year ago on Tuesday, when the Asia-focussed lender also reports annual results.
The Mexican unit of Volkswagen AG will resume production of its Tiguan sports utility vehicle on Monday evening, the company said in a statement on Sunday, following gas shortages that hit swathes of Mexico last week.
Australia will not change proposed laws that would make Alphabet Inc's Google and Facebook pay news outlets for content, a senior lawmaker said on Monday, despite vocal opposition from the Big Tech firms.
Oil prices rose on Monday as the slow return of U.S. crude output that was cut by frigid conditions raised concerns about supply just as demand is coming back from the depths of the coronavirus pandemic.
Australia will not change proposed laws that would make Alphabet Inc's Google and Facebook pay news outlets for content, a senior lawmaker said on Monday, despite vocal opposition from the Big Tech firms.
A group of activist investors with about 9.5per cent stake in Kohl's Corp is attempting to take control of the department store chain's board, The Wall Street Journal reported on Sunday.
Asian share markets inched higher on Monday as expectations for faster economic growth and inflation globally batter bonds and boost commodities, though rising real yields also make equity valuations look more stretched in comparison.
