Business
China's car sales pick up speed in 'Golden September'
BEIJING (Reuters) -China's car sales accelerated in September, the traditional peak season for the auto market, as dealers and consumers…
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Sales
Business
LG Energy Solution Q3 profit likely up 34% on US EV sales rush
The company has signed a US$4.3 billion deal to supply Tesla with energy storage system batteries, as the US automaker looks to reduce…
Business
Tesla’s China shipments rise at start of busy sales season
The carmaker shipped 90,812 units from the plant last month, up 2.8% from a year earlier SHIPMENTS from Tesla’s Shanghai factory increased…
Politics
BYD launches EV sales in Argentina amid tariff exemptions
BYD has initiated the sale of its electric vehicles (EVs) in the Argentine market, reported Reuters. The vehicles introduced to the…
News
Mercedes posts worst quarterly China sales since 2016 as demand crisis deepens
Mercedes-Benz Group’s China sales tumbled 27 per cent in the third quarter to their lowest level in almost a decade as luxury demand in…
Business
BYD sees first sales decline in 18 months amid fierce competition in China’s EV market
The decline comes as the company slashed its sales goal for this year by 16% to 4.6 million units Electric vehicle juggernaut BYD’s…
Business
China sets 2025 auto sales target below association forecast, vows tighter regulation
SHANGHAI (Reuters) -China is targeting 32.3 million in vehicle sales in 2025, the country's industry ministry said, below the 32.9 million…
Business
Tesla continues its skid in mainland China as August electric car sales, market share fall
Tesla is gradually losing its appeal in China's premium electric vehicle (EV) segment as its sales and market share fall. The US carmaker…
Business
Deutsche Bank hires trio for Asia Pacific credit trading, sales
Deutsche Bank hired three for its Asia Pacific credit trading and sales desk, underscoring high demand for staff, as finance professionals…
Politics
Russian gas sales to China would not harm US, energy secretary says
Since coming back to the office, Trump has not imposed direct sanctions on Russian energy entities Energy Secretary Chris Wright said on…
Business
Tesla’s sales collapse continues in Europe’s biggest EV markets
Tesla’s sales slump is dragging on across almost all of Europe’s biggest electric vehicle markets, costing the company significant share…
Business
Retail S-Reits see lower cost of debt and positive rental reversions as retail sales improve
[singapore] Seven Singapore-listed real estate investment trusts (S-Reits) with local retail assets have posted mixed results in revenue…
Business
Europe car sales gain most in 15 months as consumers warm to EVs
Europe’s new-car market rose the most in 15 months in July, as consumers shrugged off concerns over the global economy to splash out on…
Business
Intel warns US stake could hurt international sales, future grants
Intel said on Monday (Aug 25) that the US government’s 9.9 per cent stake in the chipmaker could pose risks to its business, from…
Business
Asia’s US$306 billion of global bond sales are about to go higher
More Asian borrowers are considering bond offerings, extending a stretch of sales that has already jumped to the most since 2021 at US$306…
Business
Xiaomi plans Europe foray in 2027 after EV sales gain pace
Xiaomi intends to sell its first electric vehicle (EV) in Europe by 2027, declaring plans to take on Tesla and BYD globally after gaining…
Business
Volkswagen Delivers 1.5 Millionth ID. EV as Global Sales Surge
Volkswagen Delivers 1.5 Millionth ID. EV as Global Sales Surge originally appeared on Autoblog. Volkswagen has officially delivered its…
Business
Best AI Voice Bots for Sales Teams: Top 5 Picks
Sales teams are constantly under pressure to hit their sales targets faster and be more productive and efficient. That’s where AI voice…
Business
Shein’s UK sales surge to £2.1 billion in 2024, boosting profits as IPO looms
Shein’s British business made £2.1 billion (S$3.7 billion) in sales in 2024, a 32.3 per cent increase from the previous year, a filing by…
Business
Thailand’s Delta sees AI boom boosting sales for coming years
Delta Electronics (Thailand), the country’s most valuable publicly traded company, is predicting “double-digit” sales growth to continue…
Business
US: Wall St opens flat as chip stocks dip on China sales deal
Wall Street’s main indexes opened flat on Monday (Aug 11) as major chip companies slipped on the eve of a key tariff deadline after a…
Business
Apac Realty’s H1 net profit more than doubles to S$11.3 million on higher home sales
Real estate services player Apac Realty’s net profit more than doubled to S$11.3 million for its first half ended Jun 30, 2025. This was…
Business
TSMC profit surges again after AI drives big jump in sales
The company’s performance underscores resilient demand for high-end artificial intelligence chips from the likes of Nvidia and Advanced…
Business
Nvidia to resume H20 AI chip sales to China in US reversal
Nvidia plans to resume sales of its H20 artificial intelligence (AI) chip to China after securing Washington’s assurances that such…