TAIPEI – Recalling elected politicians has become a tool for Taiwan’s Kuomintang (KMT) in recent years, as the main opposition party seeks to gain some …
Afghanistan hurtling towards collapse, Sweden and Pakistan say
DUBAI (REUTERS) – Afghanistan will shortly collapse into chaos unless the international community acts rapidly, Swedish and Pakistani ministers warned on Saturday (Oct 23). Afghanistan …
Citigroup Asia retail units set to attract DBS, UOB, StanChart: Sources
HONG KONG (BLOOMBERG) – DBS Group Holdings, UOB and Standard Chartered Bank are among the lenders planning to bid for Citigroup consumer banking assets in …
Tesla Q3 profit more than quadruples on record deliveries despite chip crunch
NEW YORK (AFP) – Tesla’s third-quarter profit more than quadrupled on sharply higher sales despite a global semiconductor shortage that has plagued the auto industry, …
Ev Dynamics Delivers Over 70 Electric Minibuses to the Philippines
HONG KONG, Oct 19, 2021 – (ACN Newswire via SEAPRWire.com) – Ev Dynamics (Holdings) Limited (the “Company”, Stock Code: 476, together with its subsidiaries, collectively …
Catalist-listed Rex International seeks transfer to SGX mainboard
SINGAPORE (THE BUSINESS TIMES) – Oil exploration and production company Rex International is looking to transfer its listing from the Singapore Exchange’s (SGX) Catalist board …
Xi Jinping dials back China’s economic overhaul as masses feel pain
BEIJING (BLOOMBERG, REUTERS) – Chinese President Xi Jinping took a big gamble shaking up key industries ahead of a political gathering that could decide whether …
Evergrande CEO in Hong Kong for restructuring, asset sale talks, sources say
HONG KONG (REUTERS, BLOOMBERG) – Evergrande Group’s chief executive is holding talks in Hong Kong with investment banks and creditors over a possible restructuring and …
China’s latest craze: Scripted murders, with real tears and piracy
BEIJING (NYTIMES) – The murders are scripted. The money is real. In cities throughout China, young people are flocking to clubs to play a game …
Welcome to Britain, the bank scam capital of the world
LONDON (REUTERS) – It was an e-mail offering a discount on an electric toothbrush that began the sequence of events that ruined Anna’s life. Within …
US proposes reversing Trump-era rules on ESG investing
NEW YORK (NYTIMES) – The US Labor Department proposed rule changes on Wednesday (Oct 13) that would make it easier for retirement plans to add …
Australia risks offshore investment drought from not doing more on climate change:RBA
SYDNEY (REUTERS) – Australia could face rising costs of capital and divestment by offshore funds if it is not seen to be doing more to …
US Fed policymakers hone in on November taper timeline
WASHINGTON (REUTERS) – Three United States Federal Reserve policymakers on Tuesday (Oct 12) said the economy has healed enough for the central bank to begin …
Billionaire Alibaba founder Jack Ma reappears in Hong Kong: Sources
HONG KONG (REUTERS) – Alibaba Group founder Jack Ma, largely out of public view since a regulatory clampdown started on his business empire late last …
Singapore said to canvass wealth circles on tax ideas
SINGAPORE (BLOOMBERG) – Singapore’s government has been soliciting feedback on its tax regime, including having conversations around wealth taxes, as discourse grows around this potentially …
Bitcoin pierces US$57,000 as traders resume push for record highs
NEW YORK (BLOOMBERG) – Bitcoin climbed above US$57,000 for the first time since May as speculators bet that the largest cryptocurrency will retest the record …
Yellen confident Congress will follow through on global tax deal
WASHINGTON (BLOOMBERG) – Treasury Secretary Janet Yellen said she expects Congress to take action soon to bring the United States into line with a global …
BMW poised to snatch luxury-sales crown back from Mercedes
FRANKFURT (BLOOMBERG) – BMW’s better handling of the chip shortage has turned the tables on the global luxury sales race, positioning the company to overtake …
Companies can manage WFH fatigue by staying agile, prioritising staff well-being: Experts
SINGAPORE – Work arrangements remain in a state of flux as the pandemic wears on and authorities continue to uncover safety breaches at workplaces but …
Western investors sound alarm on Chinese stocks
LONDON (BLOOMBERG) – Western investors are backing away from Chinese companies, blaming politics and uncertainty for a souring stance on the world’s second-biggest market. On …