[ad_1] Shares of BYD Co. Ltd. BYDDF BYDDY fell more than 12% on Wednesday morning Hong Kong session after Warren Buffett’s firm Berkshire Hathaway (NYSE: BRK-A) (NYSE: BRK-B) trimmed its stake in the company. What Happened: Berkshire…
[ad_1] The dollar index, a gauge that reflects the strength of the dollar against a basket of currencies, hit a two-decade high of 109.4 on Monday. The move comes after…
[ad_1] Hong Kong shares showed a bit of resilience at the open on Monday, with the benchmark Hang Seng Index falling just 1%, despite a significant plunge in all major…
[ad_1] China Petroleum and Chemical Corporation SNP, or Sinopec, registered a 10.4% increase in its H1 net profit at 43.53 billion yuan ($6.3 billion), led by higher global crude and gas prices,…
[ad_1] Singapore is intensifying its scrutiny of cryptocurrency-related companies ahead of planned regulatory changes with the Monetary Authority of Singapore (MAS) sending a detailed questionnaire to some applicants and holders…
[ad_1] Japan, the second-biggest creditor to Sri Lanka, is trying to organize a creditors’ conference in hopes that it could help solve the island nation’s debt crisis, reported Reuters. Tokyo’s move…
[ad_1] Hong Kong stocks opened higher on Friday, tracking an upbeat Wall Street session overnight, as investors braced for U.S. Federal Reserve Chair Jerome Powell’s speech at the Jackson Hole summit due later…
[ad_1] Chinese oil giant PetroChina Company Ltd PTR has posted record profits in the first half of 2022, led by an increase in oil output coupled with a price rise in the…
[ad_1] After being suspended on Thursday morning due to a typhoon alert, Hong Kong’s benchmark Hang Seng Index rose 1.22% in afternoon trade, taking cues from Wall Street as investors turned…
[ad_1] Alibaba Group Holdings Ltd.’s BABA financial affiliate Ant Group has signed a memorandum of understanding (MoU) with Malaysia’s Kenanga Investment Bank Berhad under which Kenanga will leverage mPaaS, a mobile development platform from Ant Group’s…
[ad_1] Singapore Telecommunications Limited SGAPY has announced it will sell a 3.3% stake in Indian telecom player Airtel to Bharti Telecom, for approximately S$2.25 billion ($1.61 billion), as part of…
[ad_1] Tesla Inc TSLA rival XPeng Inc XPEV is planning to launch two cars next year, one of which would be a potentially strong competitor to Tesla’s Model Y, CNBC reported on Wednesday, citing company…
[ad_1] Trading of stocks and derivatives on the Hong Kong bourse was suspended on Thursday morning due to the issuance of Typhoon Signal No. 8. What Happened: The Hong Kong…
[ad_1] The Monetary Authority of Singapore (MAS) has imposed a civil penalty of S$12.6 million ($9 million) on Noble Group Limited NOBGF for publishing misleading information in its financial statements,…
[ad_1] Singapore Exchange Ltd. SPXCY expects more listings by U.S.-listed Chinese firms with the exchange trying to woo companies at a time when they are facing greater regulatory and de-listing…
[ad_1] Individual South Koreans have accumulated large stakes in Elon Musk-led Tesla Inc TSLA throughout the pandemic, having hiked their combined holdings over a hundred-fold to over $15 billion, reported Bloomberg. Why It Matters:…
[ad_1] Singapore’s core inflation stood at its highest level in over 13 years, rising to 4.8% in July from a year earlier, compared with 4.4% in June, driven by soaring…
[ad_1] Hong Kong’s benchmark stock index opened lower on Tuesday morning, tracking a weak finish overnight on Wall Street on the back of rate-hike fears, as investors looked toward U.S. Federal…
[ad_1] With Singapore’s central bank tightening its monetary policy to rein-in inflation, the nation’s currency has strengthened significantly against the currency of its neighbor Malaysia, which has been on an accommodative…
[ad_1] Chinese technology giant Tencent Holdings Ltd. TCEHY has received a patent for a blockchain-based missing person’s poster, Coin Telegraph reported, citing local media 36kr.com. How It Works: The patent involves a data generation…
[ad_1] Oil prices fell in Asia trading on Monday following a report about a nuclear agreement revival between Iran and Western countries and on fears of a rate hike in…
[ad_1] The dollar index hit its highest level since mid-July, trading near 108.22 during Monday morning Asia session, following a hawkish comment from a U.S. Federal Reserve official last week. Traders are…
[ad_1] SoftBank Group Corp’s SFTBY finance chief has said its stake sale in Alibaba Group Holding Ltd BABA was meant to “instantly show” investors its finances were strong after registering a record…
[ad_1] Hong Kong shares opened lower on Monday, in tune with other Asian markets, as fears of a rate hike by the U.S. Federal Reserve gathered momentum ahead of the…
[ad_1] What Happened: Russia has become the third-largest market for yuan transactions outside the Chinese mainland in the wake of Western sanctions blocking payments using the dollar and the euro, Reuters reported, citing…