Charleston Lim

Writer
The Latest
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Ping An Insurance Sets Aside $1.7 Billion As Annual Tech Budget For 2020
China's largest insurance firm by market capitalization plans to boost cross-selling between its health care and financial tech platforms. China's largest insurance firm by market capitalization plans to boost cross-selling between its health care and financial tech platforms. -
HKMA Makes US Fed Lockstep Rate Cut To Maintain Currency Peg
The Hong Kong Monetary Authority (HKMA) cut the city's base lending rate by half a percentage point in lockstep with the US Federal Reserve. The Hong Kong Monetary Authority (HKMA) cut the city's base lending rate by half a percentage point in lockstep with the US Federal Reserve. -
Bank of East Asia Halts Feud With Elliott Management To Conduct Asset Review
The 101-year old family-run bank has asked Goldman Sachs to conduct a comprehensive review of its assets and to identify other possible strategic transactions. The 101-year old family-run bank has asked Goldman Sachs to conduct a comprehensive review of its assets and to identify other possible strategic transactions. -
Online Investment Event In Dalian Sees Signing Of 91 Projects Worth $15 Billion
Over 330 entrepreneurs and business representatives, along with high ranking government agency officials, attended the innovative event organized by Dalian city officials. Over 330 entrepreneurs and business representatives, along with high ranking government agency officials, attended the innovative event organized by Dalian city officials. -
Federal Reserve Makes Unscheduled Rate Cut To Support US Economy
The emergency rate cut was the biggest one-time cut conducted by the Federal Reserve since the financial crisis in 2008. The emergency rate cut was the biggest one-time cut conducted by the Federal Reserve since the financial crisis in 2008. -
Daimler Considers Eliminating Platforms In Massive Cost-Cutting Plan
As part of its wider plan to accelerate its electrification, Daimler is considering the elimination of entire powertrain families and platforms to cut costs. As part of its wider plan to accelerate its electrification, Daimler is considering the elimination of entire powertrain families and platforms to cut costs. -
Apple Shares Surge In Best Day In More Than A Decade
The surge in Apple's stocks of $24.45 per share on Monday sent its market valuation up to $1.3 trillion. The surge in Apple's stocks of $24.45 per share on Monday sent its market valuation up to $1.3 trillion. -
Amazon Removed More Than 1 Million Listings For Price Gouging And False Advertising
The e-commerce giant announced that it has so far removed more than 1 million listings on its platform as part of its crackdown on price gouging and false advertising. The e-commerce giant announced that it has so far removed more than 1 million listings on its platform as part of its crackdown on price gouging and false advertising. -
Foreign Patent Filings Surge In China Amid Enhanced IP Protection
Companies from Japan, the United States, and Germany were listed as the top firms filing for patents in China last year. Companies from Japan, the United States, and Germany were listed as the top firms filing for patents in China last year. -
HNA Group Subsidiaries Shares Rise As Government Steps In To Support Liquidity
China has formed a special task force comprised of different agencies to help HNA Group manage its liquidity risks. China has formed a special task force comprised of different agencies to help HNA Group manage its liquidity risks.