Leadership
Tesla’s latest price cuts risk wiping out China earnings
TESLA’S price cuts in China could cost the carmaker the entirety of its operating profit in the world’s biggest electric-vehicle market, Evercore ISI warned in a new report.The automaker...
Nanofilm Q1 revenue up 19% on recovery of consumer business
MAINBOARD-LISTED Nanofilm Technologies : MZH 0% posted a 19 per cent rise in revenue to S$39 million for its first quarter ended Mar 31, 2024, the group said in...
Chinese quant funds expand abroad as rules tighten at home
CHINA’S data-driven quant trading funds are briskly expanding overseas as competition heats up at home and regulators tighten scrutiny of the US$260 billion sector.
Meridian & Saturn Capital (MS Capital),...
Intraco scraps acquisition of 51% stake in digital asset platform
INTRACO is terminating its proposed acquisition of a 51 per cent stake in digital asset platform MHC Digital, slightly over two years after the mainboard-listed trading company inked an...
Volkswagen to face investors sceptical of China turnaround plan
VOLKSWAGEN (VW) faces an uphill battle to convince investors it can turn around its business in China.After being leapfrogged by China’s BYD as the nation’s top carmaker, Volkswagen said...
Malaysia plans South-east Asia’s largest integrated circuit design park
MALAYSIA plans to build South-east Asia’s largest integrated circuit design park and will offer incentives including tax breaks, subsidies and visa exemption fees to attract global tech companies and...
Malaysia to build region’s largest chip design park in bid for top startup-hub status
[KUALA LUMPUR] With a 13 per cent market share in the global chip industry, Malaysia is set to up the ante by constructing the region’s largest integrated circuit (IC)...
Thailand says China’s Chery Automobile to set up manufacturing plant
CHINA’S Chery Automobile will set up a plant in Thailand that will make vehicles for both the domestic and export markets, with production slated to begin in 2025, Thailand’s...
