Charleston Lim
Writer
The Latest
-
New HKMA Chief Executive To Maintain Currency Peg And Bolster City's Reputation
New HKMA chief, Eddie Yue Wai-man, stated that he has no intentions of making any changes to the city's peg linked system, while also vowing to return the city's status as the go-to financial center in Asia. 
New HKMA chief, Eddie Yue Wai-man, stated that he has no intentions of making any changes to the city's peg linked system, while also vowing to return the city's status as the go-to financial center in Asia. -
Johnson & Johnson Agrees To $20.4 Million Settlement To Avoid Trial
Johnson & Johnson will be paying $10 to Cuyahoga and Summit counties, $5 million as reimbursement for legal expenses, and $5.4 million to non-profit organizations. 
Johnson & Johnson will be paying $10 to Cuyahoga and Summit counties, $5 million as reimbursement for legal expenses, and $5.4 million to non-profit organizations. -
Chinese Online Learning Platform Youdao Files IPO In New York
NetEase subsidiary Youdao filed for an initial public offering (IPO) on Monday for it to be listed on the New York Stock Exchange. 
NetEase subsidiary Youdao filed for an initial public offering (IPO) on Monday for it to be listed on the New York Stock Exchange. -
US Factory Activity In September Hit 10-Year Low
ISM data released on Tuesday showed a 1.3-point drop in manufacturing activity in September to 47.8, the lowest reading since June 2009. 
ISM data released on Tuesday showed a 1.3-point drop in manufacturing activity in September to 47.8, the lowest reading since June 2009. -
UPS Gets FAA Approval For Campus Drone Delivery Service
The Federal Aviation Administration has granted UPS's Flight Forward company a Part 135 Standard Certification, essentially allowing it to operate as many drones for its aerial delivery service. 
The Federal Aviation Administration has granted UPS's Flight Forward company a Part 135 Standard Certification, essentially allowing it to operate as many drones for its aerial delivery service. -
PayPal Gets Approval To Enter China's Massive Digital Payments Market
China's central bank has just approved PayPal's move to acquire a controlling stake in Chinese digital payments service provider GoPay. 
China's central bank has just approved PayPal's move to acquire a controlling stake in Chinese digital payments service provider GoPay. -
Credit Suisse Chief Operating Officer Quits Amid Spying Scandal
Credit Suisse COO Pierre-Olivier Bouee exited the company after it was found out that he had hired private investigators to follow the bank's former head of wealth management, Iqbal Khan. 
Credit Suisse COO Pierre-Olivier Bouee exited the company after it was found out that he had hired private investigators to follow the bank's former head of wealth management, Iqbal Khan. -
ByteDance H1 Revenue Reportedly Reached More Than $7 Billion
ByteDance reportedly hit its first-half revenue target, resulting in it upgrading its full-year forecast from $14 billion to 16.8 billion. 
ByteDance reportedly hit its first-half revenue target, resulting in it upgrading its full-year forecast from $14 billion to 16.8 billion. -
Saudi Aramco Crude Output Now Restored To Levels Prior To Attacks
Saudi Aramco announced that it has restored its crude production to around 9.9 barrels per day, slightly higher than its output prior to the attacks. 
Saudi Aramco announced that it has restored its crude production to around 9.9 barrels per day, slightly higher than its output prior to the attacks. -
SAIC Motor Begins Full Operations Of East China Manufacturing Plant
SAIC's new factory in Ningde city, its fourth-largest production plant in China, has started production and rolled out its first vehicle over the weekend. 
SAIC's new factory in Ningde city, its fourth-largest production plant in China, has started production and rolled out its first vehicle over the weekend.
