Huawei Technologies Co. has scored a hit in China with its latest electric vehicle, making its manufacturing partner Asia’s top stock over the past month and giving Tesla Inc. and other rivals reason to take notice.
The energy system’s transition away from coal will leave miners with the equivalent of 100 job cuts daily through 2035, mostly in China and India.
Kelvin Teo, Barclays Plc’s head of equity capital markets for Asia Pacific, is departing from the firm after almost three years, according to people familiar with the matter.
The Philippine central bank is open to raising its key interest rate by 25 basis points after higher transport costs added to price pressures, as Governor Eli Remolona allayed concerns that further monetary policy tightening may hurt the economy.
Bond bulls may have just had a fresh speed bump placed in front of them by Federal Reserve Bank of San Francisco President Mary Daly.
Australia’s richest woman Gina Rinehart has stepped up her buying spree in Liontown Resources Ltd. to accumulate a total stake of 19.9%, close to the 20% threshold that would normally trigger a mandatory takeover offer.
Asia’s emerging equities, excluding China, are poised to see the longest streak of foreign outflows in more than a year as expectations that US rates may remain higher for longer weighed on investor sentiment.
New Zealand’s main opposition National Party retained the prime position to win Saturday’s election, though it would require the support of smaller parties to govern, according to two opinion polls published Wednesday in Wellington.
Wintershall Dea GmbH, billionaire Mikhail Fridman’s energy venture with BASF SE, is in advanced talks to sell its minority stake in a Middle Eastern natural gas project to an arm of Thailand’s PTT Pcl, people familiar with the matter said.
Chinese companies are expanding their share of the US and European electric-car battery markets thanks to lower prices, cementing their domination of the industry globally.
