Sales
Maybank says SingPost can potentially offer a ‘significant’ special dividend after sales of assets
The bank says that the sale of Famous Holdings should conclude by end January 2025BELEAGUERED national postal service provider SingPost could offer a potentially “significant” special dividend after it...
Billionaire Li Ka-shing’s Hutchmed in US$608 million health unit stake sales
HUTCHMED (China), controlled by tycoon Li Ka-shing, is selling stakes in its health subsidiary for around US$608 million as the billionaire and his flagship conglomerate look to ramp up...
BYD chalks up new record as it narrows EV sales gap with Tesla
CHINA’S BYD enjoyed a year-end surge to push total sales to 4.25 million passenger cars last year, narrowing its gap with Tesla as the two vie for the crown...
Car sales to grow modestly in 2025 as global output falters
Auto sales around the world are expected to grow marginally next year on increased supplies of vehicles, but production levels are likely to fall as carmakers seek to rein...
US: Wall Street opens lower after retail sales data; Fed awaited
WALL Street’s main indexes opened lower on Tuesday (Dec 17), as investors grew cautious ahead of the Federal Reserve’s interest rate decision later this week following strong retail sales...
China’s Instagram-like Xiaohongshu making inroads with e-commerce sales
SINCE Tera Feng started documenting her enviable Shanghai lifestyle, including visits to art galleries and fashion events on Chinese social media eight years ago, she has built up a...
Broadcom valuation soars past US$1 trillion on AI sales boom
BROADCOM, a chip supplier for Apple and other big tech companies, surged to a US$1 trillion market valuation for the first time after predicting a boom in demand for...
Broadcom earnings top estimates after AI fuels sales growth
BROADCOM, a chip supplier for Apple and other big tech companies, posted better-than-expected profit in the fourth quarter after artificial intelligence demand helped bolster growth. Profit was US$1.42 a share...
