BYD seeks nod for $1 billion plan to build EVs and batteries in India
The longer-term plan is to build a full line-up of BYD-brand EVs in India from hatchbacks to luxury models.
Mozambique ex-finance minister denied bail in New York over $2 billion ‘tuna bond’ scandal
Judge Nicholas Garaufis denied the defendant’s request for bail, deeming Manuel Chang a flight risk.
China’s central bank says consumer prices will likely drop in July
China’s consumer prices will likely decline in July before recovering, Liu Guoqiang, deputy governor of the People’s Bank of China, told reporters Friday.
Israel’s economy will see a recession next year as protests persist, says former central bank deputy governor
Tens of thousands took to the streets earlier this week after the Israeli Parliament advanced efforts in a bill aiming to curtail the autonomy of the country’s Supreme Court.
Africa’s gaming market is expected to top $1 billion in 2024 — in the face of a global slowdown
Sub-Saharan Africa’s gaming industry is expected to generate over $1 billion for the first time in 2024, according to data from research firm Newzoo.
Singapore’s gig workers are its most financially stretched group, DBS study says
The expense-to-income ratio of gig workers was 112% in May 2023 — “significantly higher” than the median customer’s 57%, the country’s largest bank said.
Germany urges companies to ‘de-risk’ from China, emphasizes it is not seeking a decoupling
Germany on Thursday said that there is an urgent need for companies to de-risk from China, while “not pursuing a decoupling” of both economies.
Why this CEO thinks experience can be overrated
Experience may not be the be-all and end-all when it comes to putting together your team at work. Darktrace CEO Poppy Gustafsson explains why.
Solomon Islands says Chinese police to assist cyber and community security
Chinese and Solomon Islands police ministers met on Tuesday, pledging to promote China’s police and law enforcement co-operation to a new level.
Singaporean billionaire given arrest notice in anti-graft probe involving country’s transport minister
Ong, managing director of Singapore-listed hotel owner and operator Hotel Properties Limited, has been asked to provide information on his interactions with Iswaran.
