Sales
Herbal medicine stock with no sales rallies 64,000%
[NEW YORK] A biotech stock focused on herbal medicine has surged by more than 64,000 per cent so far this year and yet, the company itself has made zero...
Maybank downgrades Thai retail sector on weak sales, consumption
[SINGAPORE] Maybank Investment Bank has downgraded Thailand’s retail sector to “neutral” amid weak consumption and falling same store sales growth (SSSG). The bank’s analyst, Suttatip Peerasub, added in a note...
Global EV sales rise in May as China hits 2025 peak: Rho Motion
GLOBAL sales of electric and plug-in hybrid vehicles rose 24 per cent in May compared with the same period a year ago, as strength in China offset slower growth...
Chinese managers take reins at TikTok Shop in US as sales miss goal
[SEATTLE] ByteDance, TikTok’s parent company, has been replacing US-hired staff near Seattle with managers connected to China, aiming to replicate its e-commerce success in Asia after sales fell short...
Tesla’s China shipments extend slump, bucking broader sales boom
Published Wed, Jun 4, 2025 · 07:43 PM[HONG KONG] Tesla’s vehicle shipments from its China factory fell for an eighth straight month, extending a global sales slump as chief...
US efforts to boost crop sales to Asia bear fruit in Vietnam
[SINGAPORE] US efforts to increase exports of agricultural products to Asia, excluding China, look to be bearing fruit, with Vietnam pledging to buy more American goods to strengthen trade...
BYD faces growing backlash over EV price war as May sales jump
[HONG KONG] BYD shares continued their plunge despite monthly sales climbing to the highest this year as the steep discounts the industry uses to entice buyers draws scrutiny from...
AI demand drives chip equipment sales forecast to new highs but tariff jitters cloud outlook
[SINGAPORE] Fuelled by the explosive demand for artificial intelligence (AI), global semiconductor manufacturing is poised for growth, with equipment sales projected to hit a record US$121 billion this year...
