Culture
SMFG said to eye US$1.1 billion additional investment in Yes Bank: sources
The fresh investment would bring the total amount to US$2.7 billion, giving SMFG a roughly 25% stake in Yes BankPublished Tue, Jul 15, 2025 · 04:49 PM[MUMBAI] Sumitomo Mitsui...
Chinese investors’ FX pile hits US$1 trillion amid low local rates
[BEIJING] Chinese corporates and households boosted their foreign-currency deposits last month to the highest in three years, as they shunned the renminbi on bets domestic interest rates will remain...
Ericsson’s Q2 profit beats expectations, says North America growth was good
Operating profit excluding restructuring charges was 7.0 billion crowns against a year-earlier loss of 11.9 billionPublished Tue, Jul 15, 2025 · 03:06 PM[STOCKHOLM] Swedish telecom equipment maker Ericsson reported...
Some airlines checking Boeing fuel switches after Air India crash
[NEW DELHI] India on Monday (Jul 14) ordered its airlines to examine fuel switches on several Boeing models, while South Korea said it would order a similar measure, as...
Nvidia to resume H20 AI chip sales to China in US reversal
[HONG KONG] Nvidia plans to resume sales of its H20 artificial intelligence (AI) chip to China after securing Washington’s assurances that such shipments would get approved, a dramatic reversal...
Indonesia looking at levy on coal exports to boost state coffers
Prabowo Subianto’s administration has been rolling out an array of revenue-boosting measures to fund the president’s big-ticket spending plansPublished Tue, Jul 15, 2025 · 12:03 PM[JAKARTA] Indonesia, the world’s...
Despite tariffs, it’s still America first for Asia’s legacy automakers
[SEOUL/TOKYO] Toyota and Hyundai Motor may have a beef with US protectionism, but they have one thing in common with US President Donald Trump: when it comes to global...
China’s quant funds boost US recruiting after Trump’s visa curbs
[BEIJING] Chinese quantitative hedge funds are stepping up efforts to hire science and engineering students in the US affected by US President Donald Trump’s university funding cuts and tighter...
Global EV sales jump 24% in June though North American market struggles: research firm
GLOBAL sales of electric and plug-in hybrid vehicles jumped 24 per cent in June from a year ago, as a switch to electric vehicles maintained momentum in China and...
Alibaba to Baidu lead surge in equity-linked bond sales in Asia
[HONG KONG] Asian sales of bonds that can be turned into shares have soared in 2025, heading towards multi-year highs, as interest rates remain elevated and rallying stocks create...
