China's mutual fund industry saw another massive jump in new products and subscriptions in June, suggesting the swift rally in mainland stocks has room to run further.
Quarterly profits at Handelsbanken and SEB fell less than expected as the Swedish banks coped with the economic hit from the COVID-19 pandemic, although SEB saw a spike in provisions for bad loans.
SHANGHAI: China's biggest chipmaker SMIC is set to follow its staggering US$6.6 billion share sale with its Shanghai market debut on Thursday, just as Sino-U.S. tension widens the chasm it wants to cross to reach global leader TSMC, industry insiders said. Semiconductor Manufacturing International ...
LONDON: U.S. President Donald Trump said that he was responsible for Prime Minister Boris Johnson's decision to ban Huawei from Britain's 5G network from the end of 2027. On Tuesday, Johnson ordered Huawei equipment to be purged completely from Britain's 5G network by the end of 2027, risking the...
Nissan Motor Co on Wednesday unveiled the Ariya - an electric SUV and its first all-new global model in five years - hoping it will symbolize its road to recovery after more than a year of scandal and a precipitous decline into earnings losses.
Shares of Hyundai Motor jumped nearly 8per cent on Wednesday, a day after South Korea announced a "green new deal" to spur use of environmentally friendly vehicles.
Nissan Motor Co on Wednesday unveiled the Ariya - an electric SUV and its first all-new global model in five years - hoping it will symbolise its road to recovery after more than a year of scandal and a precipitous decline into earnings losses.
SINGAPORE: Resorts World Sentosa (RWS), owned by Genting Singapore, has made a one-off cut in its workforce as part of cost-cutting measures in the wake of the coronavirus pandemic, it said on Wednesday (Jul 15). In its statement, RWS did not give the number of employees affected. The resort ...
BANGKOK: From factory floors in India to the warehouses of Cambodia, garment workers for global brands say the collapse in demand triggered by COVID-19 is being used as a cover to break their unions. The crippling effect of the pandemic has seen orders worth billions of dollars cancelled across ......
HONG KONG: Fresh hopes for a virus vaccine and another round of US stimulus lifted Asian markets on Wednesday (Jul 15), though gains remained tethered by the reimposition of containment measures and China-US tensions. Investors took their lead from Wall Street's pop higher, which came after US ...
