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China’s low-cost auto parts flood Europe’s biggest car market
Seven in 10 European parts makers now face direct competition from Chinese imports: survey Chinese automotive suppliers are inundating…
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Business
JPMorgan to build HQ in London, its biggest in Europe, Middle East and Africa
JPMorgan said on Thursday (Nov 27) that it would build a three million square feet tower in the Canary Wharf financial district in East…
Business
There are 29 SDRs listed on SGX: Here are the biggest winners and losers
Singapore Depository Receipts (SDRs) have recorded varying levels of trading activity since they first appeared on the local bourse two…
Business
Saudi Aramco weighs raising billions of dollars from its biggest disposals yet
Saudi Aramco is considering plans to raise billions of dollars by selling a range of assets, people familiar with the matter said, deals…
Business
BofA Tower gets Chicago’s biggest mortgage bond deal since Covid
A mortgage loan for Chicago’s Bank of America (BOA) Tower is being refinanced with US$700 million in bonds, a rare bright spot for the…
Business
Walmart jumps to Nasdaq in biggest exchange transfer on record
Walmart, the world’s biggest retailer, said it will move its stock listing to the Nasdaq, marking the largest defection in the New York…
Business
Zhongji Innolight picks banks for one of Hong Kong’s biggest listings
The company’s Shenzhen shares surge 237% since June, lifting its 2025 gain to 300% Zhongji Innolight, a Chinese maker of optical…
Business
Hong Kong arrests 80 in one of its biggest crypto frauds
Hong Kong police said on Wednesday (Nov 5) they have arrested dozens of suspects in connection with one of the city’s largest crypto fraud…
Business
BYD reports biggest quarterly profit fall in over four years
The consecutive quarterly profit fall comes amid intensifying competition at home market — Chinese electric vehicle maker BYD’s…
Business
Sovereign wealth funds, including Singapore’s GIC, drive biggest deals in US$3.5 trillion M&A year
Rainmakers at the top investment banks say they expect the flurry of takeovers to continue Deep-pocketed sovereign wealth funds are…
Business
Asia’s biggest stock exchanges push back against companies hoarding crypto
Three of Asia Pacific’s biggest stock exchanges are pushing back against crypto hoarding vehicles masquerading as listed companies. Hong…
Business
LVMH surges to biggest daily jump in 20 years as China demand sparks US$80 billion luxury rally
The strong sales figures surprise investors and are expected to sustain momentum in luxury stocks [PARIS/LONDON] LVMH shares had their…
Business
Google plans US$15 billion data centre hub in biggest India bet
The Indian state of Andhra Pradesh aims to host 6 gigawatts of data centre capacity by 2029 Alphabet’s Google aims to invest about US$15…
Business
Tata Consultancy Services slashes 19,755 jobs in biggest workforce cut amid AI, US strains
Tata Consultancy Services (TCS) made its steepest-ever job cuts as strained ties with the US and a rapid shift towards artificial…
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World’s biggest rice buyer Philippines to prolong import ban
Global production is expected to rise, with the United Nations’ Food and Agriculture Organization projecting a record 556.4 million tonnes…
Business
World’s biggest pension fund puts impact investing on the agenda
A decision by Japan’s US$1.8 trillion pension fund, the world’s biggest, to consider a shift into impact investing has triggered a wider…
Business
World’s biggest jeweller Pandora picks first woman to lead the firm
Pandora, which sells more pieces of jewellery than any other company in the world, picked its first woman as top leader, an adjustment to…
Business
Tycoon-backed Merdeka Gold shares soar on Indonesia’s biggest IPO this year
The miner is developing the Pani Gold Project in Gorontalo, poised to become one of the country’s largest gold mines and a major driver of…
Business
Zijin Gold seeks HK$25 billion in world’s biggest IPO since May
The gold producer is coming to market at a time prices of the precious metal extend their rise, it broke another record this week Zijin…
Business
Alibaba seeks US$3.17 billion in 2025’s biggest convertible issue
The company is raising the funds for purposes including scaling up its data centres, upgrading technology and expanding international…
Business
Tesla’s sales collapse continues in Europe’s biggest EV markets
Tesla’s sales slump is dragging on across almost all of Europe’s biggest electric vehicle markets, costing the company significant share…
News
Pakistan’s Punjab faces biggest floods in its history, affecting 2 million people
LAHORE, Pakistan — Pakistan’s eastern Punjab province is dealing with the biggest flood in its history, a senior official said Sunday, as…
Business
FWD expands headquarters in biggest 2025 Hong Kong office lease
Insurance companies are the most willing to upsize their office space in the city Richard Li’s FWD Group Holdings signed a decade-long…
Business
Zoom has biggest rally in a year after giving strong forecast
Zoom Communications shares soared as much as 9.8 per cent after the company delivered a stronger-than-expected forecast, suggesting that…