Collaboration with Chinese suppliers ‘the only way international carmakers can compete with Chinese carmakers’, Morgan Stanley analyst says.

Cheng family entities acquire DSC International School site, with the purchase a bet on demand for international schools in city: analysts.

The beleaguered developer is reportedly trying to offload the 11 Skies project and secure fresh investment to improve its balance sheet.

Battery EVs take nine of top 10 sales spots amid surging oil prices, giving local brands the edge and pushing Tesla down April charts.

With two funds trading at least 30 per cent above net asset values, the large premiums would trigger sell-offs when sentiment turns.

The Chinese tech giant’s New York-listed shares also closed up 8.2 per cent on Wednesday, after it reported triple-digit growth in AI revenues.

Stronger demand has reduced grade-A vacancy rates in Central to a four-year low of 9.6 per cent.

CEO Pony Ma told shareholders there was the beginning of a turnaround, but that the company was ‘not yet seated’.

Alibaba’s quarterly revenue arrived largely in line with estimates as the tech giant disclosed its first AI sales data, and in early US trading, the shares jumped 6%.