China’s UBTech Robotics rallies on Foxconn partnership
Investing.com– Shares of Ubtech Robotics Corp Ltd (HK:9880) rose sharply on Wednesday after the firm and electronics giant Hon Hai Precision Industry (TW:2317), also known as Foxconn (SS:601138), said they will collaborate on the
Nippon Steel wants to work with Trump administration on US Steel deal, Mori tells WSJ
TOKYO (Reuters) – Japan’s Nippon Steel remains interested in working with the incoming administration of Donald Trump to try to seal a takeover of U.S. Steel, its vice chairman Takahiro Mori said an opinion piece in the Wall Street Journal.
Exelixis: Truist raises price target citing increased sales potential
Investing.com– Truist analysts have increased their price target (PT) for Exelixis Inc (NASDAQ:EXEL), reflecting greater confidence in the company’s growth prospects. Exelixis, a biotechnology firm specializing in oncology treatments, continues to gain momentum with its flagship drug, Cabometyx, and
Asia stocks inch up tracking Wall Street, spotlight on key US inflation data
Investing.com– Most Asian stocks edged higher on Wednesday tracking overnight rise on Wall Street, but gains were limited as investors remained cautious ahead of key U.S. inflation data, particularly in light of the Federal Reserve’s hawkish stance in December. U.S. stock
Country Garden overdue results show steep losses amid sector’s sales slump
By Clare Jim HONG KONG (Reuters) -Country Garden, once China’s biggest developer and now facing a liquidation lawsuit, reported steep losses on Tuesday in its long-overdue 2023 and interim 2024 financial results, hurt by large provisions amid a prolonged property sector