General Motors CEO Mary Barra has said that China’s crowded market is a “race to the bottom”. For GM, it’s a contest that’s left the carmaker saddled with losses and rethinking its options. The US carmaker revealed on Wednesday that […]
New Zealand has halted all poultry exports after confirming its first case of bird flu on an egg farm in the southern region of Otago. Exports of poultry products worth about NZ$190 million (US$112 million) a year will cease until
New Zealand finds bird flu case at egg farm, suspends poultry exports Read More »
Renault SA is trying to strengthen its electric-vehicle (EV) business at a time of flagging demand by building up its footprint in a country where it does not even sell cars – China. The French carmaker is turning to one
Renault goes on China hiring spree to bolster EV push at home Read More »
Japan may again postpone a decision on hoisting taxes to help cover rising defence spending, a senior ruling coalition official said, raising more questions about how Tokyo intends to pay for a historic expansion of its military capabilities. “It would
Japan wavers on tax hikes to fund military expansion as Trump’s return adds pressure Read More »
An ex-accountant accused of running a billion-dollar nickel scam that rocked Singapore’s business community is on trial on Tuesday on more than 100 charges related to fraud and money laundering. Prosecutors allege that Ng Yu Zhi, 37, raised money for
Singapore businessman Ng Yu Zhi faces trial over US$1.1 billion nickel scam Read More »
In the waning days of his administration, President Joe Biden is pushing to strengthen Ukraine’s position against Russia before the return of Donald Trump to the White House. That is because the president-elect has pledged to promptly end the grinding
Biden bolsters Ukraine before Trump’s return Read More »
While president-elect Donald Trump has yet to take office, his promise to roll back climate legislation is helping inspire a new generation of green-minded progressives. Since the election on November 5, young activist leaders have travelled the US holding mass
Trump revives college climate movement, unites green-minded progressives, activists say Read More »
Singapore renewed Genting Singapore Ltd.’s casino licence for a shortened two years after regulators said its tourism performance was “unsatisfactory”. Singapore’s Gambling Regulatory Authority, which usually extends casino licences for three years, said Genting’s Resorts World Sentosa had areas that
The Australian government is proposing a raft of changes for the nation’s A$3.9 trillion (US$2.5 trillion) pension industry, to prepare for the retirement of an estimated 2.5 million people over the next decade. Australia’s population stood at 25.4 million as
Australia pushes pension reform as it braces for 10% of population to retire Read More »
Donald Trump’s November 26 sentencing in his New York hush money case was adjourned by the court as the judge weighs how to handle the prosecution in the wake of the former president’s re-election victory. The sentencing was called off
Trump’s hush money sentencing adjourned post re-election win, but legal battles continue Read More »
