Showing 1 - 10 of 33
Interest rate uncertainty pummels Asian shares
Business, Nuntawun Polkuamdee and Nareerat Wiriyapong, Published on 22/11/2025
» RECAP: Asian shares extended a global rout on Friday as much-anticipated US jobs data failed to provide clarity on the near-term outlook for interest rates, with investors dumping risk assets even after dazzling earnings from Nvidia.
Asian currencies surge on weaker dollar, oil falls
Bloomberg, Published on 05/05/2025
» Asian currencies advanced amid broad weakness in the dollar and US assets as investors awaited further progress on trade deals. Crude oil slumped 3.6% after OPEC+ agreed to a further surge in output.
Warren Buffett: billionaire investor with simple tastes
AFP, Published on 04/05/2025
» NEW YORK - Admired for his investing prowess and a taste for the simple things in life rather than luxury, billionaire Warren Buffett has won public affection even as he amassed a fortune for the ages -- riches that the "Oracle of Omaha" has pledged to give away.
Warren Buffett says will retire from Berkshire Hathaway by year's end
AFP, Published on 04/05/2025
» WASHINGTON - Influential billionaire investor Warren Buffett said Saturday he would retire from leading his Berkshire Hathaway business group by the end of the year and that he would recommend his chosen successor Greg Abel take over.
BYD to overtake Volkswagen ventures as China's top producer
South China Morning Post, Published on 19/11/2024
» HONG KONG — BYD (Build Your Dreams) is set to overtake perennial market leader Volkswagen as China's biggest carmaker in 2024 after outselling the German company's joint venture units in the first 10 months, as the growing popularity of battery-powered cars strengthens its market dominance.
Wall Street bounce helps lift Asian shares
Business, Nuntawun Polkuamdee and Nareerat Wiriyapong, Published on 10/08/2024
» RECAP: Asian shares were poised to end a tough week on an upbeat note after Wall Street bounced overnight and data showed China taking a step away from deflation, while Japanese stocks managed to sustain an early rally.
Chinese EV makers' price wars will sow doubts over quality
South China Morning Post, Published on 13/06/2024
» BEIJING - Price competition among Chinese electric vehicle (EV) makers abroad is not sustainable since consumers will start to doubt the quality and reliability of the cars if they are frequently discounted, according to Bain & Co.
Asian shares advance on rate-cut optimism
Business, Nuntawun Polkuamdee and Nareerat Wiriyapong, Published on 08/06/2024
» RECAP: Asian stocks revived as central banks in the euro zone and Canada began their rate easing cycles this week, adding to expectations that the US Federal Reserve could soon follow suit.
China's EV price war spreads overseas
South China Morning Post, Published on 25/05/2024
» BEIJING - A price war among Chinese electric vehicle (EV) assemblers is spreading to overseas markets as more than a dozen players look abroad to bolster sales and chase higher profits to offset losses at home.
Global ‘operating profit’ reporting standardised
Reuters, Published on 09/04/2024
» LONDON - Companies will have to publish standardised operating profit figures from 2027 under new requirements from a global accounting rule-setter to help end what billionaire investor Warren Buffett has called “misleading” numbers.