SINGAPORE – Singapore’s central bank has fined nine prominent financial institutions, including global giants Citibank and UBS, over lapses linked…
Month: July 2025
Tesla Reports 13.5% Drop in Q2 Sales Amid EV Competition and Political Controversy
NEW YORK – Tesla has reported a 13.5% year-on-year drop in global vehicle deliveries for the second quarter of 2025,…
Crunch Time Looms for UK’s Rachel Reeves as Markets Remain Cautious and Stability Proves Elusive
LONDON – Newly appointed Chancellor of the Exchequer Rachel Reeves is approaching a critical juncture in her efforts to stabilise…
Indonesia Launches £4.6 Billion EV Battery Megaproject Despite Environmental Concerns
JAKARTA – Indonesia has officially broken ground on a £4.6 billion (US$5.9 billion) electric vehicle (EV) battery production megaproject backed…