Charleston Lim
Writer
The Latest
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Xpeng Motors Gets $587 Million Encouragement To Build Factory In Guangzhou
Xpeng Motors' new factory will increase production capacity from an existing 100,000 units a year. 
Xpeng Motors' new factory will increase production capacity from an existing 100,000 units a year. -
Virgin Galactic Share Price Took Off After Experts Predict Space Flights Good To Go
Virgin Galactic shares have increased in price by more than 72% this year. 
Virgin Galactic shares have increased in price by more than 72% this year. -
Uber Given 18-Month License After London Judge Overturns Proposed Ban
Transport for London claimed "glitches" allowed unauthorized drivers to upload photos onto other drivers' accounts. 
Transport for London claimed "glitches" allowed unauthorized drivers to upload photos onto other drivers' accounts. -
Goldin Financial Global Centre For Sale As Developer Struggles With Liquidity
Property experts say the building might fetch HK$14,000 per square foot. 
Property experts say the building might fetch HK$14,000 per square foot. -
Fintech Company Airwallex Secures $200 Million In Fresh Capital
Airwallex will spent the proceeds on an expansion into the U.S. where it will compete with companies like digital payments company Stripe. 
Airwallex will spent the proceeds on an expansion into the U.S. where it will compete with companies like digital payments company Stripe. -
Caesars Entertainment Close To Placing $3.7 Billion Bet On William Hill
The planned acquisition underscores Caesars Entertainment's plan to capitalize on the growing online gaming and sports betting markets in the U.S. 
The planned acquisition underscores Caesars Entertainment's plan to capitalize on the growing online gaming and sports betting markets in the U.S. -
Qatar Airways Reports $1.9 Billion Loss Owing To Travel Demand Downturn
Qatar Airways was forced to temporarily retire some of its planes, which numbered around 250 before the pandemic. 
Qatar Airways was forced to temporarily retire some of its planes, which numbered around 250 before the pandemic. -
Ping An Insurance Snaps Up HSBC Stock As Price At Unprecedented Lows
Ping An purchased 10.8 million HSBC shares in the open market at an average price of around HK$28.28 per share. 
Ping An purchased 10.8 million HSBC shares in the open market at an average price of around HK$28.28 per share. -
U.S. Shale Producer Devon Energy, WPX Energy Negotiating Merger
WPX Energy will be valued at a slight premium over its current share price and a deal could be announced next week. 
WPX Energy will be valued at a slight premium over its current share price and a deal could be announced next week. -
SMIC Slapped With Export Restriction By U.S. Commerce Department
The U.S. Commerce Department says SMIC poses an "unacceptable risk" of its products ending up being used for military applications. 
The U.S. Commerce Department says SMIC poses an "unacceptable risk" of its products ending up being used for military applications.
