Chinese carmakers retreat from record share of European sales

Chinese carmakers retreat from record share of European sales

[LONDON] Chinese carmakers lost ground in Europe in October, slipping back from the record market share they captured a month earlier across the region. In the hybrid categories, where manufacturers such as BYD and Saic Motor’s MG have been on a tear, their share as a group fell around three percentage points to 12.6 per…

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Hong Kong stablecoin stocks slump after PBOC vows cryptocurrency crackdown

Hong Kong stablecoin stocks slump after PBOC vows cryptocurrency crackdown

[SHANGHAI] Hong Kong-listed stocks with cryptocurrency-related businesses tumbled on Monday (Dec 1) after China’s central bank vowed to crack down on virtual currencies and flagged concerns about stablecoins. On Saturday, the People’s Bank of China (PBOC) warned of a resurgence in crypto speculation and vowed to crack down on illegal activities involving stablecoins. The statement…

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Asian markets mixed as traders eye US data ahead of Fed decision

Asian markets mixed as traders eye US data ahead of Fed decision

Among the reports due for release are private jobs creation, services activity and personal consumption expenditure [HONG KONG] Asian equities were mixed on Monday (Dec 1) with investors awaiting the release of key US data that could play a role in Federal Reserve deliberations ahead of an expected interest rate cut next week. After November’s…

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Stream It Or Skip It: ‘Christmas at the Catnip Café’ on Hallmark Channel, where a marketing exec butts heads with a handsome local veterinarian

Stream It Or Skip It: ‘Christmas at the Catnip Café’ on Hallmark Channel, where a marketing exec  butts heads with a handsome local veterinarian

The Hallmark Channel closes out the November portion of its Countdown to Christmas with Christmas at the Catnip Café. In addition to featuring plenty of fetching felines, this romance movie centers on a West Coast marketing executive (Erin Cahill) who has been willed half-owneriship of her late aunt’s (Frances Flanagan) cat café in upstate New…

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MetaOptics shares close 16.8% higher on proposed share placement

MetaOptics shares close 16.8% higher on proposed share placement

Proceeds are expected to strengthen the group’s financial position and expand its capital base to support a growing pipeline of global orders [SINGAPORE] Shares of semiconductor optics company MetaOptics soared by close to 12 per cent on the morning of Monday (Dec 1) after it announced that it is proposing to raise S$4.85 million through…

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Silver hits fresh record after trading outage, supply tightness

Silver hits fresh record after trading outage, supply tightness

Its most recent surge has been supported by renewed concerns of tightness in the global market [SINGAPORE] Silver jumped to a record, reinforcing a gain of nearly 6 per cent in the previous session, when a trading outage added to ongoing supply tightness and rising expectations for an interest-rate cut in the US. The precious…

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