Turn
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
[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
[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.
[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, 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...
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
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...