Leadership
Nvidia supplier SK Hynix says HBM chips almost sold out for 2025
SOUTH Korea’s SK Hynix said on Thursday (May 2) its high-bandwidth memory (HBM) chips used in artificial intelligence (AI) chipsets were sold out for this year and almost sold...
Hot stock: Nio climbs about 19.8% on stronger vehicle delivery performance
SHARES of Nio : NIO 0%surged on Thursday (May 2) morning, after the electric vehicle maker posted a 134.6 per cent year-on-year spike in vehicle deliveries for the month...
Japanese companies struggle with yen’s continued weakness
JAPAN’S companies are expressing unusual discomfort with the weak yen, just as the country’s government appears to be stepping in to prop up its tumbling currency.The yen briefly crossed...
US to probe GoPro claims Chinese firm violated its patents
The US International Trade Commission (USITC) is launching a probe into GoPro claims that patents for its cameras, systems and accessories are being violated by a Chinese firm importing...
Olam outbids Dreyfus’ sweetened deal for Australia’s Namoi, raises offer to A$0.66 per share
Olam Group’s indirect 64.57 per cent-owned subsidiary Olam Agri has on Thursday (May 2) increased its off-market takeover offer to acquire all shares in Namoi Cotton, topping its rival...
Stocks to watch: DBS, Olam, Parkway Life Reit, Japfa, CSE Global
THE following companies saw new developments that may affect trading of their securities on Thursday (May 2):
eBay forecasts Q2 revenue below estimates as consumer spending remains strained
E-COMMERCE firm eBay forecast second-quarter revenue below Wall Street estimates on Wednesday (May 1), as demand cools for its key product categories such as collector’s items and auto parts,...
US Federal Reserve leaves rates unchanged, flags ‘lack of further progress’ on inflation
THE US Federal Reserve held interest rates steady on Wednesday and signaled it is still leaning towards eventual reductions in borrowing costs, but put a red flag on recent disappointing...
