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Tesla sales drop in Hong Kong after tax breaks removed

Tesla sales drop in Hong Kong after tax breaks removed

Electric car registrations take their toll as price of vehicles almost doubles

Published 1 second ago

Saudi Campaign Seeks to Calm Investors Shaken by Anticorruption Drive

Saudi Campaign Seeks to Calm Investors Shaken by Anticorruption Drive

The Saudi government is embarking on a campaign of damage control after the abrupt detentions of wealthy businessmen spooked the foreign investors it needs to diversify its economy.

Published 4 months ago

Banks Double Down on Branch Cutbacks

Banks Double Down on Branch Cutbacks

Banks are closing branches at the fastest pace in decades, as they leave less profitable regions and fewer customers use tellers for routine transactions.

Published 4 months ago

Aging Beauty Brands Want a Facelift

Aging Beauty Brands Want a Facelift

The biggest and most beleaguered names in beauty are trying to stage a comeback, but first they must shed their reputation as dated drugstore staples.

Published 4 months ago

Asset Growth in the World’s Largest Money-Market Fund Slows Sharply

Asset Growth in the World’s Largest Money-Market Fund Slows Sharply

Asset growth in the world’s largest money-market fund hit a plateau at the end of 2017, following a series of measures by the fund’s manager to control its swelling size.

Published 4 months ago

Stocks Selloff Extends on Rising Inflation Concerns

Stocks Selloff Extends on Rising Inflation Concerns

A selloff in world stocks deepened as expectations of rising inflation and a sudden climb in government bond yields interrupted a recent rally.

Published 4 months ago

Samsung Heir Lee Jae-yong to Be Freed From Prison by Appeals Court

Samsung Heir Lee Jae-yong to Be Freed From Prison by Appeals Court

An appeals court reduced the sentence of Samsung’s de facto leader Lee Jae-yong to a suspended prison term, paving the way for his release from jail.

Published 4 months ago

Asian markets tumble as global equity sell-off deepens

Asian markets tumble as global equity sell-off deepens

Indices drop in Hong Kong and Japan after worst US trading session in 2 years

Published 1 second ago

Samsung heir freed with suspended sentence from appeals court

Samsung heir freed with suspended sentence from appeals court

Lee Jae-yong, Samsung’s de facto leader, on Monday was set free with a suspended prison sentence, nearly a year after he was incarcerated for corruption charges, delivering a huge relief to South Korea’s largest conglomerate.

Published 1 second ago

Asia markets sell off after Wall Street stumble

Asia markets sell off after Wall Street stumble

Several bourses at lows for year as US inflation fears send stocks and bonds sliding

Published 1 second ago