Charleston Lim

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The Latest
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China Electric Subsidy Cuts Threatens Entry-Level Carmakers
By scaling back subsidies for cheaper electric vehicles, China is hoping to weed out poor-quality products by encouraging competitive innovation within the sector. By scaling back subsidies for cheaper electric vehicles, China is hoping to weed out poor-quality products by encouraging competitive innovation within the sector. -
Toyota Shifts Production In Alabama Plant From Sedans To SUVs
Toyota announced that it will be transitioning the production of its new $1.6 billion joint venture assembly plant in Alabama from Corollas to SUVs. Toyota announced that it will be transitioning the production of its new $1.6 billion joint venture assembly plant in Alabama from Corollas to SUVs. -
Dyson Vacuum Cleaner Inventor Buys Most Expensive Apartment In Singapore
The 72-year old British inventor paid $54.2 million for a "super penthouse" located on top of Singapore's tallest building. The 72-year old British inventor paid $54.2 million for a "super penthouse" located on top of Singapore's tallest building. -
US Oil Prices Breach $60 Price Point As Producers Evacuate Gulf Platforms
US oil prices surged above $60 per barrel as major oil producers evacuate personnel from oil platforms in the Gulf of Mexico ahead of a possible hurricane. US oil prices surged above $60 per barrel as major oil producers evacuate personnel from oil platforms in the Gulf of Mexico ahead of a possible hurricane. -
PepsiCo Stocks Jump Following Better-Than-Expected Q2 Earnings
PepsiCo's fiscal second-quarter earnings beat initial analysts' forecast, raising its share prices in premarket trading. PepsiCo's fiscal second-quarter earnings beat initial analysts' forecast, raising its share prices in premarket trading. -
US To Impose Duties On Steel Imports From China And Mexico
The US Department of Commerce announced that it would be imposing new tariffs on fabricated structural steel imports from China and Mexico to counter unfair subsidies. The US Department of Commerce announced that it would be imposing new tariffs on fabricated structural steel imports from China and Mexico to counter unfair subsidies. -
Deutsche Bank Stock Continue To Drop Amid Overhaul Doubts
Deutsche Bank share prices continue to drop as doubts over its planned business overhaul looms over its shareholders and investors. Deutsche Bank share prices continue to drop as doubts over its planned business overhaul looms over its shareholders and investors. -
Virgin Galactic To List On Stock Market Before Year Ends
Virgin Galactic plans to list its shares as part of a merged company with Social Capital Hedosophia Holdings by the end of the year. Virgin Galactic plans to list its shares as part of a merged company with Social Capital Hedosophia Holdings by the end of the year. -
US Commerce Department Clarifies Huawei Trade Status
US Department of Commerce Secretary Wilbur Ross clarified that Huawei was still on the country's so-called Entity List, but licenses will be issued to companies that pose no national security threat. US Department of Commerce Secretary Wilbur Ross clarified that Huawei was still on the country's so-called Entity List, but licenses will be issued to companies that pose no national security threat. -
IBM Finalizes $34 Billion Acquisition Of Red Hat Software
IBM and Red Hat announced this week that they have now finalized their merger, a deal valued at around $34 billion. IBM and Red Hat announced this week that they have now finalized their merger, a deal valued at around $34 billion.