Recent Posts

China carmaker SAIC puts US export plan on hold

  Bloomberg SAIC Motor Corp., China’s biggest carmaker by sales, has halted a plan to export its own branded vehicles to the US until it gets more clarity on Sino-US trade policy under President Donald Trump. SAIC Motor, which has joint ventures with General Motors Co. and Volkswagen AG in China, has been exporting locally-made Buick Envision sport utility vehicles ...

Read More »

Tencent’s WeChat abolishes tipping feature on iPhones

  Bloomberg Tencent Holdings Ltd. is shutting down a popular feature on WeChat that allows iPhone users to tip emoji and content creators to comply with Apple Inc.’s policy on in-app purchases. After months of negotiations, Tencent said on its official WeChat account it “regrettably” had to abolish the feature on the instant message service to comply with new terms ...

Read More »

Indian firms push to sell $1 billion Masala bonds

  Bloomberg Indian companies are jostling to sell at least $1 billion of Masala bonds in the coming months as Prime Minister Narendra Modi’s resounding victory in state elections boosts investor confidence. More issuers are planning to tap the market as Modi’s majority win is seen emboldening him to take more measures to spur expansion in Asia’s third-largest economy. Foreigners ...

Read More »
Send this to a friend