Leadership
Biotech firm Valneva guides for nearly double product sales by 2026
FRANCE’S Valneva on Wednesday (Mar 20) said it expects to nearly double its annual product sales by 2026, and edged up its 2024 product sales guidance as it banks...
Ferrari sued for failing to fix ‘dangerous’ brake defect
FERRARI was accused in a US lawsuit of failing to fix a “dangerous safety defect” with the brakes in some of its luxury sports cars despite issuing multiple recalls....
China’s property crisis pushes private credit to tech sectors
PRIVATE credit investors’ opportunities in China are shifting from the property market to technology sectors, including green-solution businesses, according to Bo Hu, head of private credit Asia at HSBC...
Samsung Electronics expects US$100 million or more sales from advanced chip packaging business
SAMSUNG Electronics expects US$100 million or more of revenue from its next batch of advanced chip-packaging products this year, co-CEO Kyung Kye-hyun said on Wednesday (Mar 20). Samsung set...
Top Glove trims Q2 loss to RM51.2 million, aims to return to profit in 2 quarters
TOP Glove Corporation executive chairman Lim Wee Chai expects the company to return to the black by FY2025, as Malaysian glove-makers continue to close the price gap with competitors...
Prudential posts 43% rise in FY2023 new business profit
PRUDENTIAL reported 43 per cent rise in new business profit to US$3.1 billion for the financial year ended last December, as compared to US$2.2 billion a year ago. On...
Malaysia’s central bank calls for reforms with economy on firmer footing
MALAYSIA’S central bank on Wednesday called for an acceleration of structural reforms to ensure long-term strength, with economic growth set to benefit from a recovery in exports and robust...
Asia: Markets swing as traders await Federal Reserve policy decision
ASIAN markets fluctuated on Wednesday as traders struggled to track another record day on Wall Street, with focus squarely on the Federal Reserve’s policy meeting. Decision-makers are widely expected...
