Two Singapore-listed firms face US sanctions over alleged links to Cambodia crypto scams and illicit Iranian oil trade, ...

Nio was sued by Singapore’s sovereign wealth fund over claims the Chinese electric-vehicle maker juiced its numbers.

Nio shares jumped 6.8 per cent to $6.73 as at 9.14am, after plunging 9.5 per cent the previous day. Read more at straitstimes ...

In the latest close session, NIO Inc. (NIO) was down 1.17% at $6.75. This change lagged the S&P 500's daily gain of 0.53%. Meanwhile, the Dow gained 0.52%, and the Nasdaq, a tech-heavy index, added 0.

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Singapore’s sovereign wealth fund GIC has sued electric vehicle company Nio Inc for allegedly inflating its revenues.

Nio Inc. shares plunged after Singapore’s Government Investment Corporation filed a lawsuit in a U.S. court, alleging the Chinese electric-vehicle maker and its executives inflated revenue through a ...

Morningstar says the lawsuit’s allegations are not expected to have material impact on the company’s operations Read more at ...

The recovery comes a day after the counter dived as much as 13.8% amid allegations of inflated revenue Read more at The ...

GIC claims Nio improperly recognized more than $600 million in revenue through Weineng, calling the firm superficially independent but effectively under Nio's control. The complai ...

NIO stock closed down nearly 9% on Thursday, as investors fretted over the Chinese electric vehicle maker's outlook amid a ...

Asian equities had a strong day before TSMC’s post-close financial results, as US-China tensions eased on Treasury Secretary Bessent’s truce comments, and the US dollar resumed its decline. Having ...