Lifting
China EV maker XPeng set to turn profitable, says CGSI, lifting target price for the stock
[SINGAPORE] Chinese EV maker XPeng could soon turn profitable, as strong vehicle sales and consensus-beating financials paint a bullish outlook, securities firm CGSI has said.CGSI analysts on Thursday (May 22)...
Centurion’s planned Reit will do the ‘heavy lifting’ of its assets, says CEO
The group hopes to “rationalise its assets” in a way that will help them to grow biggerPURPOSE-BUILT accommodation operator Centurion Corporation said on Thursday (Feb 27) that the proposed...
STI’s new high: A narrow group of companies unlocking value, lifting profitability has driven the run
GIC shouldn’t allocate funds to ‘pump-prime’ the market; another vehicle should be formed to seize the economic benefits of a more vibrant local market ecosystemThe Straits Times Index (STI)...
Swatch CEO says ‘nothing new’ in buyout talk lifting stock
SWATCH Group chief executive officer Nick Hayek said that it’s “pure speculation” that the company is considering going private now, although it’s something that “would be nice to do.”
The...
Amazon pours US$2.1 billion into contract delivery, lifting wages
AMAZON.COM plans to spend an additional US$2.1 billion on its contract delivery programme, including safety programmes, training and additional pay for the contracting firms.The company said it expects the...
HSBC’s Quinn targets lifting wealth business in China, India
HSBC Holdings’ top boss said he is pushing to improve his firm’s wealth management capabilities in China and India to be on par with its key market of Hong...
India central bank lifting curbs on forex non-deliverable forward arbitrage by banks
INDIA’S central bank is easing restrictions on banks’ arbitrage trades between the outright foreign exchange over-the-counter (OTC) and the non-deliverable forward (NDF) markets, four people familiar with the matter...
