Business
BYD’s US$60 billion wipeout points to deeper turmoil for China EVs
The company shares now trade at around 15 times forward earnings estimates, below their three-year average of 18 A relentless sell-off in…
Tag
Turmoil
Business
European stocks end a five-week winning streak after Greenland turmoil
PEAN shares finished lower on Friday (Jan 23) and logged weekly losses as investors exercised caution and assessed any potential trade…
Business
Chip turmoil will worsen on Nexperia spat: Wingtech chair warns
Ruby Yang adds that as the dispute continues, the damage to global industrial chain, investment confidence and shareholders deepens…
Business
China’s Private Home-Sale Data Vanishes After Vanke Turmoil
(Bloomberg) -- Two of China’s private data agencies skipped releasing data on monthly home sales by the country’s top developers, after…
Business
US, China to roll out tit-for-tat port fees, threatening more turmoil at sea
[BEIJING/LOS ANGELES] The United States and China on Tuesday (Oct 14) will begin charging additional port fees on ocean shipping firms…
Business
Asia: Stocks pare tariff-led losses, Tokyo hit by political turmoil
Most Asian stocks rose on Tuesday (Oct 14), tracking a rally on Wall Street, after US President Donald Trump tempered his rhetoric against…
Business
Europe: French stocks revive after turmoil; Stoxx at record highs
European shares climbed to record highs on Wednesday (Oct 8), powered by strong gains in French and Spanish stocks, and steelmakers…
Business
Europe: Luxury rebound in France cushions European stock losses amid turmoil
European stocks slipped on Tuesday (Oct 7), dragged down by healthcare and bank shares, while a luxury-led rebound in France kept regional…
Business
Europe: Stoxx 600 ends flat as merger boost balances France turmoil
EUROPEAN shares ended steady on Tuesday, as a boost from Anglo American’s merger deal and higher oil prices managed to counter uncertainty…
Business
Gold edges lower as US dollar firms, but Fed turmoil limits losses
Gold prices edged lower on Wednesday (Aug 27), pressured by an uptick in the US dollar, although renewed concerns over the US central…
Business
Barclays profit up 23% as Trump tariff turmoil lifts trading
The bank also announced a share buyback of £1 billion and a half year dividend of 3 pence per share Barclays first-half profit rose by a…
Business
Singapore hedge fund Arrowpoint capitalised on May market turmoil
Singapore’s multi-strategy hedge fund Arrowpoint Investment Partners has made gains by exploiting market dislocations triggered by global…
Business
Asia’s rich trim US exposure, head to Europe amid tariff turmoil
Asian private banking clients sprang into action over the past month, refusing to sit idle when faced with the whiplash in global…
Business
HSBC warns trade turmoil poses serious risks to global growth
Shifting global trade relations have increased economic uncertainty with serious risks to growth, making it difficult for international…
Business
Bitcoin rallies 20% during market turmoil to diverge from tech
Bitcoin advanced to the highest level since early March, fueling optimism that the biggest digital token is finally breaking free of a…
Business
ECB to cut rates again to help economy overcome trade turmoil
The European Central Bank (ECB) is expected to cut interest rates for the seventh time in a year on Thursday (Apr 17), looking to prop up…
Business
OCI is said to put brakes on Malaysia IPO plan on market turmoil
The polysilicon industry has struggled with a huge surplus, with far too much capacity built relative to demand, resulting in prices of…
Business
Taiwan extends short-selling curbs after US tariffs bring market turmoil
Taiwan’s top financial regulator said on Saturday (Apr 12) that it would extend temporary curbs on short-selling for another week to…
Business
Trump’s tariff ‘medicine’ injects turmoil into global markets
US President Donald Trump warned foreign governments they would have to pay “a lot of money” to lift sweeping tariffs, characterising the…
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The DR Congo rebel leader whose fighters have created turmoil
The Democratic Republic of Congo is in turmoil - fighters from the notorious M23 rebel group have been surging through the country's east,…
Business
Bitcoin’s ‘Kimchi Premium’ jumps amid South Korean political turmoil
A KEY metric to gauge the interest in Bitcoin from investors in South Korea has risen this week to a four-month high, as the political…
Business
South Korea’s central bank vows to stabilise markets amid political turmoil
SOUTH Korea’s central bank vowed to stabilise financial markets and highlighted the importance of “uninterrupted implementation” of key…
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When the Phone Rings, The Fiery Priest 2, and More Reschedule Broadcast Following Political Turmoil
When the Phone Rings and The Fiery Priest 2 are among the K-dramas rescheduled their broadcast for this week. The change in the telecast…
Business
German banks start to cut US office loan exposure that caused bond turmoil
German banks are cutting legacy US office loan exposure after concerns about commercial real estate (CRE) losses led to a plunge in bond…