Charleston Lim
Writer
The Latest
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Japan To Go Ahead With Tax Hike Despite Economic Signals
Analysts predict that Japan may still go ahead with its planned consumption tax hike despite clear economic signals that are against it. 
Analysts predict that Japan may still go ahead with its planned consumption tax hike despite clear economic signals that are against it. -
China Raises Gold Reserves Once Again Amid Rising Tensions
The People's Bank of China announced that it had added close to 10.3 tons to its gold reserves in June, marking the 7th consecutive month of continued purchases of the safe haven asset. 
The People's Bank of China announced that it had added close to 10.3 tons to its gold reserves in June, marking the 7th consecutive month of continued purchases of the safe haven asset. -
Volkswagen Eyeing Global Joint Ventures For Its Electrification Push
Volkswagen is offering to share the risk of installing new battery production facilities by establishing factories through a joint venture with its suppliers. 
Volkswagen is offering to share the risk of installing new battery production facilities by establishing factories through a joint venture with its suppliers. -
China's Largest Heavy Equipment Manufacturer Expands US Production To Escape Tariffs
Sany Heavy Industries announced that it will be accelerating its plans to expand its US production to shift away from imports. 
Sany Heavy Industries announced that it will be accelerating its plans to expand its US production to shift away from imports. -
Saudi Arabian Airline Turns Back On Boeing With All-Airbus Fleet
Saudi Arabia's low-cost airline Flyadeal scrapped its initial plans of buying between 30 units to 50 units of Boeing's 737 Max aircraft, estimated to be worth around $5.9 billion. 
Saudi Arabia's low-cost airline Flyadeal scrapped its initial plans of buying between 30 units to 50 units of Boeing's 737 Max aircraft, estimated to be worth around $5.9 billion. -
British Airways Faces $230 Million EU Fine Following Data Breach
EU regulators determined that British Airways had failed to address a breach in its website last year that compromised the personal data of more than 500,000 of its customers. 
EU regulators determined that British Airways had failed to address a breach in its website last year that compromised the personal data of more than 500,000 of its customers. -
Shanghai Exchange Announces Launch Date Of New Start Market Stock
The Shanghai Stock Exchange announced that it would be launching the highly-anticipated tech innovation board on July 22. 
The Shanghai Stock Exchange announced that it would be launching the highly-anticipated tech innovation board on July 22. -
Novartis Seeking Approval For 50 New Drugs In China
Swiss pharmaceutical giant Novartis has submitted 50 new drugs aimed at treating Asia-specific diseases to Chinese regulators for approval. 
Swiss pharmaceutical giant Novartis has submitted 50 new drugs aimed at treating Asia-specific diseases to Chinese regulators for approval. -
BMW CEO Steps Down As Carmaker Takes On New Challenges
BMW CEO, Harald Krueger, announced that he will be stepping down from his position to "pursue new professional endeavors." 
BMW CEO, Harald Krueger, announced that he will be stepping down from his position to "pursue new professional endeavors." -
Samsung Issues Profit Warning Including Possible 56 Percent Drop
The company announced that earnings for its second quarter ending in June will likely experience a significant drop of up to 56 percent due to slowing demand for its memory chips and smartphones. 
The company announced that earnings for its second quarter ending in June will likely experience a significant drop of up to 56 percent due to slowing demand for its memory chips and smartphones.
