Honda: Consolidated Financial Summary for the Fiscal 2nd Quarter Ended September 30, 2020
TOKYO, Nov 6, 2020 – (JCN Newswire) – Despite a decrease in demand due to the impact of the COVID-19 pandemic, consolidated operating profit for […]
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Singapore bank lending down for 7th straight month in September: MAS data
SINGAPORE (THE BUSINESS TIMES) – Bank lending in September dipped for the seventh straight session on weaker business loans, preliminary data from the Monetary Authority […]
DENSO Announces First-half Financial Results
TOKYO, Oct 29, 2020 – (JCN Newswire) – DENSO, a leading mobility supplier whose 2021 fiscal begins April 1, 2020, and ends March 31, 2021, […]
AMD’s $47.7b purchase of Xilinx pushes 2020 towards record for chip deals
NEW YORK (BLOOMBERG) – Advanced Micro Devices’ US$35 billion (S$47.7 billion) purchase of rival semiconductor maker Xilinx pushes 2020 towards a record year for chip […]
Alibaba’s Jack Ma becomes richer than Walmart heirs with mega Ant IPO
HONG KONG (BLOOMBERG) – Jack Ma, the former English teacher who co-founded Alibaba Group Holding with US$60,000 (S$81,600), is poised to become the world’s 11th […]
Japan Airlines to post record $3 billion net loss this year: Nikkei
TOKYO (Reuters) – Japan Airlines (JAL) is likely to post a record net loss of about 230 billion yen (S$3 billion) in the business year […]
Alibaba will buy a fifth of shares in Ant Group’s $48 billion IPO
HONG KONG (BLOOMBERG) – Alibaba Group Holding has agreed to subscribe to more than a fifth of Ant Group’s imminent initial public offering, propping up […]
Alibaba to take control of Sun Art, one of China’s largest hypermart chains
BEIJING (BLOOMBERG) – Alibaba Group Holding will invest about US$3.6 billion to double its stake in Sun Art Retail Group, taking control of one of […]
Wilmar’s billionaire boss rides on cooking oil dominance to record Shenzhen IPO
SINGAPORE (BLOOMBERG) – Mr Kuok Khoon Hong is ready to pull off a remarkable second act. The billionaire sold shares of his China business in […]
Huawei in talks to sell parts of its Honor smartphone business: Sources
HONG KONG (REUTERS) – Huawei Technologies is in talks with Digital China Group and other suitors to sell parts of its Honor smartphone unit in […]