GM reports loss on China hit, projects higher 2025 profits
General Motors’ earnings were dented by a US$4 billion hit from revamping the SAIC General Motors Corporation. (AFP pic)
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IPhone maker Foxconn clinches sales beat on strong AI demand
Foxconn expects significant sales growth for the first quarter of this year. (EPA Images pic)
TAIPEI: Nvidia Corp and Apple Inc…
Apple’s China sales remain weak spot in mostly solid quarter
Apple faced strong competition from local brands in China, a region that still functioned as its main manufacturing hub. (Reuters…
Huawei’s profits fall 13% in first 3 quarters
Huawei has been cut off from global supply chains since 2019 due to US sanctions. (AFP pic)
BEIJING: Chinese technology giant…
VW demands 10% wage cuts to save jobs as profits plunge
Volkswagen aimed for a turnaround as high costs and weak demand in China hurt sales and resulted in overcapacity. (EPA Images pic)…
Mining TON Coin: Easy Steps to Earn Ton
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Kenanga upgrades oil and gas to ‘overweight’
Kenanga Research is anticipating an increase in Petronas’s upstream spending in 2024, aligning closely with Petronas’s RM60…
Spanish prosecutors seek jail term for Ancelotti over tax non-declaration
A Spanish court ordered Carlo Ancelotti in July last year to stand trial over the affair but no date has been set. (AFP pic)…
Vietnamese EV maker VinFast reports US$2bil net loss
A total of 34,855 Vinfast EVs were delivered last year. (AFP pic)
HANOI: Vietnamese electric vehicle maker VinFast today reported…
Dollar jumps, traders pare rate cut bets after strong jobs report
The US dollar index reached 104.04, the highest since Dec 12. (Reuters pic)
NEW YORK: The US dollar index jumped to a seven-week…