Developer China South City’s woes test state
A Chinese property developer that’s partially owned by a state-run firm has issued its strongest warning yet over a bond…
Category: Corporate News
China’s BYD planning new electric vehicle plant in Mexico
China’s BYD Co Ltd will set up a new electric vehicle (EV) factory in Mexico, Nikkei reported yesterday, citing the…
Firms that dropped degree requirements are hiring college grads
Bank of America Corp and Lockheed Martin Corp are falling short on promises to hire more workers without college degrees,…
Nvidia market cap threatens Alphabet
Nvidia is on the verge of overtaking Alphabet as Wall Street’s third most valuable company.
MMHE seeks more opportunities in RE
After posting a negative bottom line in its previous financial year (FY), Malaysia Marine and Heavy Engineering Bhd (MMHE) will…
Travel companies temper hopes for 2024
The buzzword from travel companies for 2024 is “normal”. After the pandemic slammed the brakes on the tourism industry, and…
HSS Engineers associate wins RM9.5mil job
HSS Engineers Bhd’s (HEB) associate SMHB Sdn Bhd has secured a RM9.52mil contract from Pengurusan Aset Air Bhd for engineering…
Walmart in talks to buy Vizio for more than US$2bil
Walmart is in talks to buy smart-television manufacturer Vizio for more than US$2bil, the Wall Street Journal reports, a move…
Sony hikes profit forecast on financial services gain
Japan’s Sony upgraded its annual net profit forecast but trimmed its PlayStation 5 (PS5) unit’s sales target, with the flagship…