Chinese carmaker Geely Automobile Holdings Ltd set its sales volume target at 1.9 million units for 2024, up 13% from its total sales last year, according to a Hong Kong stock exchange filing on Monday.
DoorDash is looking to diversify beyond its core business of delivering restaurant meals to home diners, as the U.S. group seeks ways to invest a growing cash pile, the Financial Times reported on Monday.
China’s new home prices rose for the fourth straight month in December, a private survey showed on Monday, buoyed by a slew of government support measures.
Sales of sports utility vehicles (SUVs) rose in December, while small car sales fell despite high discounts, data from Indian automakers showed on Monday.
Bank of Korea Governor Rhee Chang-yong said on Monday recent market concerns over a financially troubled builder are a “warning sign” over the financial risks of prolonged monetary tightening.
Saudi Arabia’s Public Investment Fund accounted for about a quarter of the almost $124 billion spent by sovereign wealth funds worldwide last year, a report published on Jan. 1 showed.
China’s manufacturing activity contracted for the third consecutive month in December, an official factory survey showed on Sunday, as factories struggled with weak demand, clouding the outlook for the country’s economic recovery.
Interviews with 28 sources show at least two dozen cases where regulators steered market participants through coordinated actions this year to resist pressure on the currency.
