Price
China’s BYD shows effects of price war with weaker first-quarter earnings
CHINESE electric vehicle (EV) maker BYD posted its weakest quarterly profit growth since 2022 on Monday (Apr 29) while its revenue growth slowed to the lowest level in nearly...
BYD shares face earnings test as China’s EV price war heats up
AFTER getting a jump on competitors in the latest round of China’s electric-vehicle (EV) price war, BYD now faces a key test of proving that it can withstand the...
Spotify says Apple has rejected its app update with price information for EU users
APPLE has rejected Spotify‘s new version of its iOS app with in-app pricing information for users in the European Union, the audio streaming firm said on Thursday.The Swedish company submitted...
Great Eastern chairman appeals for patience as shareholders fume over share price ‘disaster’
GREAT Eastern Holdings (GEH) chairman Soon Tit Koon has appealed for shareholders to remain patient as the board continues to work on boosting returns.
Speaking at the annual general meeting...
Volkswagen to keep China market share stable as price war rages
VOLKSWAGEN aims to keep its market share in China roughly stable until the end of the decade, the head of its China business said, betting heavy investment there will...
Brokers’ take: CGS International upgrades Nanofilm to ‘hold’ despite lower target price
CGS International Securities has upgraded its rating on Nanofilm Technologies : MZH 0% to “hold” from “reduce” as the research house believes the nanotechnology solutions provider may deliver better-than-expected...
PepsiCo beats quarterly revenue estimates on price hikes, steady demand
PEPSICO beat Wall Street expectations for first-quarter revenue on Tuesday (Apr 23) as demand held steady for the soda and snacks giant’s Tropicana juices and Cheetos in its international...
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...
