China raises scrutiny of outflows via Hong Kong listings, foreign deals

China raises scrutiny of outflows via Hong Kong listings, foreign deals

[ad_1] CHINA is increasing scrutiny of outbound investments by domestic companies as well as their use of proceeds from Hong Kong share sales, people familiar with the matter said, after record capital outflows put pressure on the yuan. Authorities have recently informed China-incorporated firms seeking initial public offerings or second share sales in Hong Kong…

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BBC Gaza Output: Editorial Errors Consistently Skewing Against Israel Amid ‘How To Survive A War Zone’ Debacle

BBC Gaza Output: Editorial Errors Consistently Skewing Against Israel Amid ‘How To Survive A War Zone’ Debacle

[ad_1] EXCLUSIVE: When the BBC admits to making editorial errors in its coverage of the Gaza conflict, its mistakes are overwhelmingly skewing against Israeli interests, according to new analysis from Deadline. The British broadcaster has formally apologized at least 12 times for meaningful editorial blunders since October 7, with eight of those apologies being made…

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‘Worst is over’: Analysts bullish on Raffles Medical’s potential China turnaround; Maybank upgrades to ‘buy’

‘Worst is over’: Analysts bullish on Raffles Medical’s potential China turnaround; Maybank upgrades to ‘buy’

[ad_1] ANALYSTS have raised their target prices on private healthcare provider Raffles Medical amid expectations of an earnings recovery, which could be accelerated by a potential turnaround in the group’s China operations. This comes as Raffles Medical on Monday (Feb 24) posted a 4.3 per cent year-on-year rise in its net profit to S$31.6 million…

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Tesla sales fall 45% in Europe as rivals’ EV registrations soar

Tesla sales fall 45% in Europe as rivals’ EV registrations soar

[ad_1] TESLA’s sales plunged 45 per cent last month across Europe, where rival carmakers saw a surge in electric vehicle (EV) demand. The Elon Musk-led company registered only 9,945 cars in January, down from 18,161 a year ago, according to the European Automobile Manufacturers’ Association. EV sales soared 37 per cent for the overall industry,…

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