Fashion
China warns of ‘penalties’ against carmakers for price war
Other than slashing prices, some automakers have offered incentives such as interest-free loans to entice buyers[HONG KONG] Chinese regulators warned of “severe penalties” against automakers after they started a...
Gold slips as upbeat US data boosts dollar, dims rate-cut bets
A firmer US dollar makes greenback-priced metals more expensive for overseas buyers[BENGALURU] Prices of gold and silver extended their losses on Friday (Jan 16) after a stronger-than-expected US economic...
US firms regain optimism on China after Trump-Xi trade truce
[BEIJING] US companies are more upbeat about doing business in China after a trade truce between US President Donald Trump and Chinese leader Xi Jinping, according to a survey...
HSBC to conduct ‘strategic review’ of HSBC Life
[SINGAPORE] HSBC said on Friday (Jan 16) that it would conduct a strategic review HSBC Life, its insurance manufacturing business in Singapore.The review will only cover HSBC Life Singapore,...
HSBC weighs future of Singapore life insurance business as analysts assess impact on wealth strategy
The bank says this comes under the group’s global ‘ongoing simplification’ drive [SINGAPORE] HSBC said on Friday (Jan 16) that it would conduct a strategic review of HSBC Life,...
CapitaLand Ascendas Reit buys US property from DHL unit for S$94.5 million
[SINGAPORE] The manager of CapitaLand Ascendas Reit (Clar) on Friday (Jan 16) announced its purchase of a logistics property in Columbus, Ohio, in the US for S$94.5 million, payable...
US asks allies to step up measures on Chinese minerals
America has been pressing some European Union member states to sign bilateral memorandums of understanding[NEW YORK] The US will convene dozens of foreign ministers from allied countries next month...