Chinese electric carmaker BYD will introduce three more models to the Vietnamese market this October and plans to expand its dealerships to 100 in 2026, Chief Operations Officer […]
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Asia tech stocks skid on deepening Sino-US chip war
Chip stocks in Asia tumbled on Thursday, tracking a heavy selloff on Wall Street spurred by a news report that the United States was mulling tighter curbs on […]
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Truck maker Volvo's profit beats expectations, says demand keeps normalising
Swedish truck maker AB Volvo reported on Thursday a bigger rise than expected in second-quarter operating profit and said demand continued to normalise compared with the high levels […]
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TSMC Q2 2024 earnings
TSMC offices in San Jose, California, US, on Thursday, April 18, 2024. David Paul Morris | Bloomberg | Getty Images Taiwan Semiconductor Manufacturing Company on Thursday beat revenue […]
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Treasury yields tick higher as markets digest Fed official comments
U.S. Treasury yields moved higher on Thursday as investors digested a range of comments by Federal Reserve officials and what they could mean for interest rates. The yield […]
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Fall in German home building permits picks up pace, underscoring crisis
Building permits for apartments in Germany fell 24% in May from a year earlier, Statistics Office data showed on Thursday, underscoring a continued downturn in demand in the […]
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Chinese regulators begin testing GenAI models on socialist values
Digital code and Chinese flag representing cybersecurity in China. Anton Petrus | Moment | Getty Images AI companies in China are undergoing a government review of their large […]
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XAG/USD rises gradually to $30.50 ahead of China’s third Plenum outcome
Silver price gains to near $30.50 with a focus on China’s third Plenum outcome on Friday. The Fed is widely anticipated to begin reducing interest rates in September. US […]
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European Central Bank set rock EUR/USD with resisting calls to cut (for now)
The European Central Bank (ECB) is expected to leave rates unchanged in its July meeting, after slashing borrowing costs in June. Investors eye ECB President Christine Lagarde’s signals […]
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Hanwha to showcase cutting-edge aerospace solutions at Farnborough Airshow 2024
Hanwha’s aerospace and defense enterprises will participate in the Farnborough International Airshow 2024, offering a range of advanced solutions from fighter jet engine, avionics to satellites, space launch […]