Technology
US: Wall St opens higher after inflation data solidifies rate-cut bets
Wall Street’s main indexes opened higher on Wednesday (Dec 11) after an in-line inflation reading kept intact bets on the...
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Huawei’s New Mate 70 phone shows its chip advances are stalling
HUAWEI Technologies’ latest flagship smartphone is powered by a chip little different from the one that set off alarm bells...
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Del Monte Q2 net loss widens to US$22.2 million on subsidiary’s lower profit, higher interest expense
PHILIPPINE food-and-beverage manufacturer Del Monte Pacific on Wednesday (Dec 11) posted a net loss of US$22.2 million for the second...
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Ron Sim and Osim send legal letter of demand to Trek 2000 International’s current and former chairmen
Ron Sim alleges fraudulent misrepresentations before he acquired shares of Trek 2000 in 2015MASSAGE chair and appliance manufacturer Osim International...
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Europe’s loan bankers pin hopes on M&A revival to boost volumes
REFINANCINGS helped bolster European loan volumes in 2024 but with mergers and acquisitions looking like they’re finally picking up, bankers...
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Chinese authorities are considering a weaker yuan as Trump trade risks loom: sources
CHINA’S top leaders and policymakers are considering allowing the yuan to weaken in 2025 as they brace for higher US...
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China auto body seeks subsidy extension as EV exports take hit
CHINA’S biggest industry group for automobile makers urged the government to extend concessions for trading in older vehicles, as part...
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Zara owner Inditex’s sales growth slows as holiday shopping begins
INDITEX, the owner of Zara, reported slower sales growth at the outset of the crucial holiday shopping season. The Arteixo, Spain-based...
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Bank of England set to stay in central bank slow lane and keep rates on hold
THE Bank of England (BOE) looks set to keep interest rates on hold next week as it moves more slowly...
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Dasin Retail Trust to terminate remaining mall management agreements
DASIN Retail Trust will not be renewing commercial and property management agreements for four of its properties – Shiqi Metro...
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