According to reports, DBS, OCBC, and UOB are restricting funding for Russian energy deals

Singapore's leading banks are limiting trade financing for Russian raw materials, as the conflict in Ukraine prompts lenders in Asia's largest resource and commodities trading hub to cut their exposure to the sanctioned country.

According to reports, the restrictions include a p...

A drop in export orders from Taiwan amidst trade war trouble

The export orders from Taiwan in the month of November dropped for the 13th consecutive month and an increased pace, with the blame put by the government on weak market demand, as well as, disturbance caused due to the trade war between the United States and China in spite of a rise in demand for...

Billionaires investing in Chinese electric vehicles experience knockdowns

China’s richest businessmen invested billions into Chinese electric vehicle firms to back the nation’s aim of establishing itself as the forerunner in the electric car-making sector. 

However, a reckoning seems to be in order following the slowing down of car sales and ...