SEC forces Tesla to dampen Elon Musk’s dominance

A run-in with the U.S. Securities and Exchange Commission may prove to be the recipe for reform that corporate governance experts have said Tesla Inc.’s board needed

Uber clampdown in Spain hurts refuge for long-term unemployed

Spain’s Socialist government’s efforts to clampdown on the growth of car-hailing apps including Uber and Cabify threaten to hurt people it claims to want to help:

Real Estate Matters | How to read real estate news

Real estate news is often put in the spotlight in the press. It is a subject that is both emotionally charged and highly technical, and is often overly

Crypto’s open secret: its multibillion-dollar volume is suspect

Four months ago, BitForex was just one of many obscure exchanges offering users the ability to trade cryptocurrencies like Bitcoin. Today, the Singapore-based platform is

Aviation | Congo Airline, China’s Comac in talks to buy three aircraft

Societe Nouvelle Air Congo, a state-owned carrier, is in talks with Commercial Aircraft Corp. of China Ltd. to buy three new aircraft as it prepares to begin

Corporate Bits | MGM holds seminar on greater bay opportunities

MGM held another seminar on national education titled “The Development of the Greater Bay Area and the Opportunities for Macau” on Wednesday. Dr. Guo Wanda, executive vice

Food | With automation, Korean dumplings go global in business bet

Move over pot stickers, here comes another Asian dumpling. South Korea’s largest food company is making a multimillion-dollar bet on “mandu,” developing its own machines to

Clouds on horizon as trade wars, debt weigh on Asia’s growth

Trade conflicts, rising debt and the potential impact from rising interest rates in the U.S. will likely dampen growth in the coming year, the Asian Development

Corporate Bits | Melco launches 20 electric buses

Melco Resorts & Entertainment Limited yesterday celebrated the official launch of twenty zero-emission electric buses in collaboration with manufacturer Zhengzhou Yutong Bus Company Limited (Yutong).

Oil traders say USD100 coming as OPEC strains to fill Iran gap

Major oil trading houses are predicting the return of USD100 crude for the first time since 2014 as OPEC and its allies struggle to compensate for

Corporate Bits | GEG holds mooncake donation, lantern-making activity

Galaxy Entertainment Group held a mooncake donation activity and organized volunteers to make lanterns with members of the Association of Parents of the People with Intellectual Disabilities of

Hong Kong | What the end of easy money era means for home prices

A shock jump in Hong Kong’s currency is signaling a decade- long liquidity party is finally coming to an end. That may be bad news for the

Europe eyes ‘longshot’ talks with US to soften trade impasse

The European Union’s trade chief heads to New York this week to continue negotiations with the U.S. and Japan, as the three parties seek a way to

Real Estate Matters | Does taping your windows actually work during a typhoon?

As you know, Macau just went through another suspenseful event of facing a Super Typhoon. Although innocently named after the Thai word for the fruit Mangosteen, the devastation

Taiwan components maker is said to explore billion-dollar sale

Precision Motion Industries Inc., whose components are used in semiconductor equipment, is exploring a sale that could value the Taiwanese company at more than USD1 billion, according

China races to get toys and car parts to US before tariffs hit

The race is on to get Chinese goods into the U.S. before President Donald Trump’s tariffs bite. At sea and in the sky, the U.S.

New iPhone no help to assembler as Hon Hai slides down rankings

The contrast between Apple Inc.’s ascension to a USD1 trillion stock and the share performance of its biggest iPhone assembler just got even starker. Hon

Saudis indicate comfort with higher oil prices

Brent oil traded near the highest level in a week after Saudi Arabia was said to be content with the global benchmark crude breaking above

Gold continues ‘slow dance’ around USD1,200

Gold is sticking to a narrow trading range around USD1,200 an ounce even after holdings in bullion-backed exchange-traded funds plunged to their lowest in a year.

Trade war | Aussie dollar could surge in worst-case scenario, RBA study finds

Australia’s real exchange rate could surge and gross domestic product drop in the event of an all-out global trade war, Reserve Bank research conducted in March

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