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China EV maker XPeng set to turn profitable, says CGSI, lifting target price for the stock
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)...
Mobile games turn into boom-or-bust industry as spending rises
Mobile games turn into boom-or-bust industry as spending rises
[HONG KONG] Mobile gamers ramped up their spending by 4 per cent last year even as the number of downloads and new releases fell, highlighting the narrowing of the...
Unless things take a turn for the worse, the Fed seems comfortable to keep rates on pause indefinitely
Unless things take a turn for the worse, the Fed seems comfortable to keep rates on pause indefinitely
[SINGAPORE] The US Federal Reserve does not want any part of US President Donald Trump’s trade war, and it is determined to sit on the sidelines until the extent of...
Job seekers turn to AI tools to gain a competitive edge. It can also backfire
Dani Schlarmann, a recruiter, noticed something fishy about the job applicants.Cover letters and resumes sounded identical. Candidates embellished their experience to match the job description. On top of that,...
Can DBS turn Panin Bank around? Analysts think so.
Can DBS turn Panin Bank around? Analysts think so.
[SINGAPORE] A potential acquisition of Indonesia’s Panin Bank could benefit from DBS’ strong track record of turning around unprofitable targets, and is a good place for South-east Asia’s biggest...
Intel to turn venture arm into separate firm with new name
Intel to turn venture arm into separate firm with new name
INTEL, the once-dominant chipmaker struggling to revive its business and finances, plans to turn its venture capital arm into a separate fund with a new name. The chipmaker will...
‘TikTok refugees’ unexpectedly turn to Chinese alternative as ban looms
TAIPEI, Taiwan —  TikTok users concerned about a looming ban are finding solace in a strange place.Days ahead of a Supreme Court decision that could determine whether the popular short-video...
Singapore Institute of Advanced Medicine says ‘no assurance’ it can turn profitable or sustain it
Singapore Institute of Advanced Medicine says ‘no assurance’ it can turn profitable or sustain it
Troubled healthcare provider Singapore Institute of Advanced Medicine (SIAMH) said on Thursday (Dec 26) that it’s not guaranteed the company can generate “significant” revenue and profitability.“There is no assurance...
Singapore Institute of Advanced Medicine says ‘no assurance’ it can turn profitable or sustain it
Singapore Institute of Advanced Medicine says ‘no assurance’ it can turn profitable
Troubled healthcare provider Singapore Institute of Advanced Medicine Holdings (SIAMH) said on Thursday (Dec 26) that it is not guaranteed that the company can generate “significant” revenue and profitability.“There...
Billionaire brothers turn US,000 loan into empire of cheap toys
Billionaire brothers turn US$12,000 loan into empire of cheap toys
AT 18, Nick Mowbray dropped out of college in his native New Zealand and moved to China with his older brother, Mat. The pair spoke no Chinese, had few...