Nio shares climb 5.6% on report of more CATL reliance

Nio shares climb 5.6% on report of more CATL reliance

[ad_1] CATL will supply 100 kWh batteries to the Nio brand and 85 kWh batteries to the Onvo brand, says CnEVPost [SINGAPORE] Shares of Chinese electric vehicle (EV) maker Nio on the Singapore Exchange soared as much as 6.7 per cent on Monday (Dec 29) on the back of a report that it will be…

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Indonesia set to revamp benchmark rates for money market

Indonesia set to revamp benchmark rates for money market

[ad_1] Institutions use Jibor to determine interest rates for bank deposits, swaps and consumer loans, among other things [JAKARTA] Indonesia is set to phase out a key money-market benchmark this week, concluding a years-long transition to align with global standards. Bank Indonesia (BI) will retire the Jakarta Interbank Offered Rate and fully replace it with…

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China’s BYD poised to overtake Tesla in 2025 EV sales

China’s BYD poised to overtake Tesla in 2025 EV sales

[ad_1] [NEW YORK] Growing Chinese auto giant BYD stands poised to officially surpass Tesla as the world’s biggest electric vehicle (EV) company in annual sales. The two groups are expected soon to publish their final figures for 2025, and based on sales data so far this year, there is almost no chance the American company…

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Oil gains as investors weigh Middle East tensions

Oil rises as investors weigh outcome of Trump-Zelensky meeting

[ad_1] [BEIJING] Oil prices rose in early Asian trading on Monday (Dec 29) as investors weighed Middle East tensions that could disrupt supply, while a major hurdle remains in the Russia-Ukraine peace talks. Brent crude futures rose 57 US cents or 0.94 per cent to US$61.21 per barrel by 0112 GMT, while US West Texas…

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Return of global funds puts South-east Asia in spotlight for 2026

Return of global funds puts South-east Asia in spotlight for 2026

[ad_1] [SINGAPORE] Global capital is coming back to South-east Asia’s stock markets this month, positioning the cohort as one of the must-watch pockets of global finance for 2026.   Drawn by cheap valuations and the need to diversify portfolios, foreign funds have poured US$337 million into South-east Asia’s emerging markets in December, poised to be…

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Why silver prices have been surging even more than gold

Why silver prices have been surging even more than gold

[ad_1] Global demand for silver has outpaced the output from mines for five consecutive years [JOHANNESBURG] Gold has staged a dramatic rally this year as the US Trump administration’s unorthodox economic policies sent investors and central banks reaching for safe-haven assets. Right now, however, it’s silver that’s stealing the spotlight. A squeeze in supply of…

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Why silver price has been surging even more than gold

Why silver prices have been surging even more than gold

[ad_1] Global demand for silver has outpaced the output from mines for five consecutive years [JOHANNESBURG] Gold has staged a dramatic rally this year as the US Trump administration’s unorthodox economic policies sent investors and central banks reaching for safe-haven assets. Right now, however, it’s silver that’s stealing the spotlight. A squeeze in supply of…

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