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BYD breaks ground on Cambodia EV plant as part of global expansion
CHINESE carmaker BYD has broken ground on a US$32 million passenger electric vehicle (EV) plant in Cambodia, marking its latest move to localise production as part of a broader...
An investor’s guide to navigating the Australian election
THE outcome of Australia’s tight federal election could be the next catalyst for local assets as a tariff standoff between the US and China continues to rattle markets.
The benchmark...
A month after Trump’s tariff madness, shockwaves still being felt around the world
If US President Donald Trump’s sole intention was to tank the US economy, he could not have done a more efficient job of it than his recent actions that have...
Telegram weighs US$2 billion bond sale to refinance 2021 debt
Published Thu, May 1, 2025 · 01:45 PM[DUBAI/LONDON] Telegram is holding investor meetings about a bond sale worth about US$2 billion as the social media app seeks to refinance...
Bank of Japan keeps rates steady, cuts growth forecasts on US tariff hit
[TOKYO] The Bank of Japan (BOJ) kept interest rates steady and sharply cut its growth forecasts on Thursday (May 1), suggesting uncertainty surrounding US tariffs and the hit to...
Tesla board looked for new CEO as Musk focused on White House: report
[BENGALURU] Tesla board members reached out about a month ago to several executive search firms to find a successor to CEO Elon Musk, The Wall Street Journal (WSJ) reported...
Amazon to invest US$4 billion to expand rural delivery network in US
The investment will grow its rural delivery network to more than 200 delivery stations and create 100,000 jobs, the company saysPublished Thu, May 1, 2025 · 10:47 AM[BENGALURU] Amazon.com...
Airbus tells US airlines they’ll need to pay their own tariffs
[LONDON] Airbus said it will not cover the cost of tariffs on its planes imported by US airlines, setting up a clash with carriers unwilling to shoulder surcharges imposed...
Apple must halt non-App Store sales commissions, judge says
Apple Inc. violated a court order requiring it to open up the App Store to third-party payment options and must stop charging commissions on purchases outside its software marketplace,...
Visa, Bridge partner to launch stablecoin-linked cards
[NEW YORK] Visa and stablecoin infrastructure provider startup Bridge are partnering to offer stablecoin-linked Visa cards to customers across multiple countries in Latin America, which the companies say will...
