BYD faces growing backlash over EV price war as May sales jump

BYD faces growing backlash over EV price war as May sales jump

[ad_1] [HONG KONG] BYD shares continued their plunge despite monthly sales climbing to the highest this year as the steep discounts the industry uses to entice buyers draws scrutiny from Beijing. The electric vehicle (EV) manufacturer sold 382,476 vehicles last month, including 376,930 passenger cars, according to a statement on Sunday (Jun 1). While that…

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Gold prices climb on softer US dollar, Trump’s fresh tariff threat

Gold prices climb on softer US dollar, Trump’s fresh tariff threat

[ad_1] Investors now see a 50-basis-point rate cut by the US Federal Reserve this year, starting in October Published Mon, Jun 2, 2025 · 10:01 AM [BENGALURU] Gold prices climbed on Monday (Jun 2)as US President Donald Trump threatened to double tariffs on imported steel and aluminium, while a weaker US dollar also supported greenback-priced…

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Thailand’s stalled cash handout scheme sours voters on ruling party

Thailand’s stalled cash handout scheme sours voters on ruling party

[ad_1] [BANGKOK] Rungthiwa Pimphanit waited months for a long-promised cash handout of 10,000 baht (S$395) from Thailand’s ruling party, which she backed in 2023 elections, but now the scheme to stimulate a stalling economy has been put on ice. “I’m very disappointed and angry,” said the 34-year-old government employee from the north-eastern province of Nong…

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Oil advances as Opec+ supply boost vies with geopolitical risk

Oil advances as Opec+ supply boost vies with geopolitical risk

[ad_1] Published Mon, Jun 2, 2025 · 08:02 AM [SINGAPORE] Oil gained as a third straight production increase by the Organization of the Petroleum Exporting Countries and its allies (Opec+) vied with heightened geopolitical risk in Ukraine and Iran. Brent crude for August rose as much as 2.1 per cent to US$64.09 a barrel, after…

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‘Bodies’ Writer-Director Luca Bueno On Latino Representation And Showing The Humanity Within The Immigrant Experience

‘Bodies’ Writer-Director Luca Bueno On Latino Representation And Showing The Humanity Within The Immigrant Experience

[ad_1] In the short film drama Bodies, written and directed by Luca Bueno, two LAPD officers respond to a disturbance call at a home located in a neighborhood that has a majority of immigrants and minorities. As the officers investigate the situation, Officer Alvarez (Alonso Garcia) notices cultural clues that suggest something larger is at…

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S-Reits with Singapore office assets post resilient Q1 2025 amid positive rent reversions and high occupancy

S-Reits with Singapore office assets post resilient Q1 2025 amid positive rent reversions and high occupancy

[ad_1] [SINGAPORE] Singapore-listed office real estate investment trusts (S-Reits) reported a broadly resilient performance in the first quarter of 2025, underpinned by positive rental reversions, stable occupancy, and continued demand for prime office space despite macroeconomic uncertainties. The six S-Reits with Singapore office exposure – CapitaLand Integrated Commercial Trust (CICT), Mapletree Pan Asia Commercial Trust…

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