Chinese stocks on track for best year since 2017 as rally widens
Beijing’s campaign to reduce industrial excesses further supported domestic prices Chinese stocks look set for their strongest showing since 2017, after a technology-driven bull run…
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widens
AI widens vision. But without insight, it narrows it
Artificial intelligence is everywhere. It fuels boardroom debates, guides priorities, defines access to information, and nudges consumer experiences. But while AI promises sharper insights…
VinFast’s quarterly loss widens on hefty spending
The company signed two loan facilities during the quarter, totaling US$250 million — Vietnam’s VinFast reported a bigger third-quarter net…
Sri Trang Gloves Q3 loss widens to 106 million baht on impairment, derivative losses
The steeper net loss comes as its top line decreases 5.6% year on year to 6.1 billion baht, even as sales volume rises Sri Trang Gloves’ net loss for the third quarter ended September…
Romain Spitzer’s Purview Widens for Fragrances at LVMH
PARIS – Romain Spitzer’s mandate has been broadened at Fragrance Group LVMH Beauty, where he has been appointed president and chief executive officer. Spitzer in March 2024 had already had…
VinFast’s quarterly loss widens amid heavy spending on ambitious growth strategy
Vietnamese electric-vehicle maker VinFast on Thursday (Sep 4) reported a wider second-quarter net loss as it stepped up spending on global expansion and marketing to spur demand…
Gold hits three-week high as Trump widens trade war
Gold prices touched a three-week high on Monday (Jul 14), supported by safe-haven demand after US President Donald Trump threatened to impose a 30 per cent tariff on imports from the…
EV maker VinFast’s Q1 loss widens on higher spending as deliveries rise
The firm continues to face challenges due to weak consumer demand, stiff competition, and 25% US tariffs Vietnamese electric vehicle maker VinFast on Monday (Jun 9) reported its…
Thailand widens EV perks as Japan-China auto rivalry heats up
With Thailand’s auto sales plunging by more than 25 per cent amid geopolitical headwinds and regional rivals nipping at its heels, Bangkok is racing to secure its status as South-east…
Japan Foods H2 loss widens to S$6.2 million amid ‘challenging year’ for Singapore F&B
Restaurant operator Japan Foods on Sunday (May 25) reported a loss of S$6.2 million for the second half ended Mar 31, 2025, sinking further into the red from a loss of S$576,000 in the…
Creative H1 loss widens to S$6.1 million on higher expenses
Uncertainty over import tariffs by the US and potential retaliatory measures from affected countries may affect consumer demand, says the group on its outlook HOME-GROWN electronics…
Probe Into Assassination Attempt on Uzbekistan’s Komil Allamjonov Widens to Include Russian Suspects with Chechen Ties
Source: Interpol By Exec-Edge The government of Uzbekistan’s ongoing investigation into the attempted murder of former presidential press secretary Komil Allamjonov has widened to include…
Del Monte Q2 net loss widens to US$22.2 million on subsidiary’s lower profit, higher interest expense
PHILIPPINE food-and-beverage manufacturer Del Monte Pacific on Wednesday (Dec 11) posted a net loss of US$22.2 million for the second quarter ended Oct 31, 2024, from a loss of US$8.5…
Nio’s Q3 net loss widens to 5.1 billion yuan on lower vehicle sales
CHINESE electric vehicle (EV) maker Nio’s net loss widened to 5.1 billion yuan (S$945.5 million) for its third quarter ended Sep 30, 2024, from 4.6 billion yuan in the corresponding period…
Morgan Stanley widens gap as banks’ wealth units add US$5 trillion
MORGAN Stanley’s record quarter in wealth management capped a banner period for one of Wall Street’s most-profitable businesses. Client assets at retail brokerage Charles Schwab and the…
US dollar holds gains as war widens in Middle East, rallies against yen
THE US dollar held on to its biggest gains in a week on Wednesday (Oct 2) after an Iranian missile attack on Israel drove the buying of safe haven assets as investors fretted about the…