admin Iran warns vessels violating Hormuz transit rules of fines, detention
Aug 24 (Reuters) - Iran has issued a warning that vessels violating its arrangements for transiting the Strait of Hormuz…
Xiaomi launches new Xring chip, partners with TSMC for production, sources say
BEIJING, Aug 24 (Reuters) - Chinese smartphone maker Xiaomi on Monday unveiled a new version of its in-house Xring handset…
Pro-presidential party in Kazakhstan won 71% of votes in weekend election, electoral commission says
ALMATY, Aug 24 (Reuters) - Adilet, a newly-formed pro-government party in Kazakhstan, has won just over 71% of the vote…
Dollar trading near multi-month lows, restrained by debt nerves
SINGAPORE, Aug 24 (Reuters) - A wavering dollar was pinned near multi-month lows on Monday in a market unsettled by…
Fast fashion giant Shein valued at up to $27 billion in Hong Kong IPO
HONG KONG, Aug 24 (Reuters) - Online fast-fashion retailer Shein's valuation has crumpled by about 70% from a private market…
Alibaba shares slide after $10.2 billion AI share sale offered at sharp discount
SHANGHAI, Aug 24 (Reuters) - China's Alibaba shares slumped in Monday Hong Kong trade after it launched a $10.2 billion…
Morning Bid: Mixing economic wars, trade wars and actual wars
Aug 24 (Reuters) - A look at the day ahead in European and global markets from Wayne Cole.
High oil prices, subsidies and affordable models rev up European EV sales
LETCHWORTH, England, Aug 24 (Reuters) - Electric vehicle sales accelerated across much of Europe in July, as high oil prices,…
Shein to pay up to $3.5 billion to select pre-IPO investors around Hong Kong listing
HONG KONG, Aug 24 (Reuters) - Online fast-fashion retailer Shein will pay up to $3.5 billion to selected existing investors…
Nissan’s Other Frontier Is Rough for All the Right Reasons
Nissan sells a totally different midsize truck for the rest of the world, and it's still every inch a proper…