Real Estate
JPMorgan hikes BYD’s price target by more than 80% on outlook
JPMORGAN Chase’s analysts raised their price targets for BYD by more than 80 per cent on expectations the Chinese automaker will deliver six million vehicles globally in the next...
Asia’s worst stock loser erases Thai founder from billionaire status
SOMPHOTE Ahunai, whose net worth topped US$4.8 billion two years ago, is no longer a billionaire after a series of unwieldy efforts to diversify one of Thailand’s biggest renewable-power...
US plans up to US$1.6 billion in funding for packaging computer chips
THE Biden administration said on Tuesday (Jul 9) that it would direct up to US$1.6 billion in funding towards developing new technology for packaging computer chips, a major thrust...
Yoma Strategic clarifies that no charges have been filed against executive chairman
YOMA Strategic clarified on Wednesday (Jul 10) that no charges have been filed against its executive chairman Serge Pun. The company issued the clarification in relation to an article...
Stocks to watch: Frasers Property, ST Engineering, Yoma Strategic
THE following companies saw new developments that may affect trading of their securities on Wednesday (Jul 10): Frasers Property: Its subsidiary secured a dual-tranche, sustainability-linked loan aggregating about S$904...
US says it broke up Russian AI bot farm on X
THE United States has disrupted a Russian disinformation campaign involving AI-powered bots used to create fake profiles on the social media platform X, the Justice Department said on Tuesday.Officials...
Volkswagen cuts forecast on Audi plant closure, additional expenses
VOLKSWAGEN (VW) lowered its margin outlook for the year, citing costs related to a potential Audi plant closure in Belgium after disappointing demand for some electric vehicles (EVs) and...
US dollar gains as Fed’s Powell cautious on rate cuts
THE US dollar gained on Tuesday (Jul 9) after Federal Reserve chair Jerome Powell acknowledged progress in inflation, but did not give a clear signal that the US central...
