Charleston Lim

Writer
The Latest
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HSBC To Delay Massive Overhaul Plans Amid Ongoing Crisis
HSBC Holdings announced that it will be holding off its previously announced restructuring plan to support its staff during these uncertain times. HSBC Holdings announced that it will be holding off its previously announced restructuring plan to support its staff during these uncertain times. -
China-Administered SOEs Resume Operations In Hubei
Centrally-administered state-owned enterprises in China's Hubei province are slowly resuming operations on a risk-level and business type basis. Centrally-administered state-owned enterprises in China's Hubei province are slowly resuming operations on a risk-level and business type basis. -
Importation Of US LPG To China Resumes After Removal Of Punitive Tariffs
New bookings for LPG from US suppliers made by Chinese importers have reached an estimated 220,000 tons. New bookings for LPG from US suppliers made by Chinese importers have reached an estimated 220,000 tons. -
Sam's Club To Open Shopping And Lifestyle Flagship Store In Shanghai
Apart from its retail outlet, the 7,000-square meter flagship store will feature several other dining, entertainment, lifestyle, and educational outlets for members. Apart from its retail outlet, the 7,000-square meter flagship store will feature several other dining, entertainment, lifestyle, and educational outlets for members. -
Occidental Petroleum To Cut Spending, Reaches Deal With Carl Icahn
After reaching an agreement with activist investor Carl Icahn, Occidental Petroleum announced a new round of cost-cutting measures that will include pay cuts and reduced capital spending. After reaching an agreement with activist investor Carl Icahn, Occidental Petroleum announced a new round of cost-cutting measures that will include pay cuts and reduced capital spending. -
Nike Shares Rally As Fiscal Third-Quarter Sales Beat Top Estimates
The increase in Nike's digital sales managed to offset its poor business in China, which had been heavily affected by the coronavirus epidemic during the first two months of 2020. The increase in Nike's digital sales managed to offset its poor business in China, which had been heavily affected by the coronavirus epidemic during the first two months of 2020. -
Former HKEX Executive Charged For Accepting $1.18 Million In Bribes
Hong Kong's Independent Commission Against Corruption filed charges against 43-year old former HKEX executive Eugene Yeoh Kim-Loong for accepting over $1.18 million in bribes. Hong Kong's Independent Commission Against Corruption filed charges against 43-year old former HKEX executive Eugene Yeoh Kim-Loong for accepting over $1.18 million in bribes. -
CNOOC To Cut Production And Spending As Oil Price War Continues
CNOOC officials stated that just like other oil companies, it has now been forced to implement such measures to cope with the worsening state of the global oil and gas industry. CNOOC officials stated that just like other oil companies, it has now been forced to implement such measures to cope with the worsening state of the global oil and gas industry. -
Xinjiang Resumes Development Of $7.85 Billion Road Project
Work on highway projects worth more than $7.85 billion in China's northwestern Xinjiang Uygur autonomous region is now well underway. Work on highway projects worth more than $7.85 billion in China's northwestern Xinjiang Uygur autonomous region is now well underway. -
Microbe-Based Food Tech Firm Nature's Fynd Secures $80 Million In Latest Funding Round
The US food tech company raised the amount with backing from well-known investors such as Bill Gates, Al Gore, Jeff Bezos, Jack Ma, and Masayoshi Son. The US food tech company raised the amount with backing from well-known investors such as Bill Gates, Al Gore, Jeff Bezos, Jack Ma, and Masayoshi Son.