Recent Posts

Infosys raises sales forecast, shrugging off downturn fears

Bloomberg Infosys Ltd. raised its annual sales forecast, remaining upbeat on enterprise clients’ need to upgrade their software and shrugging off fears of a global economic downturn. Infosys said on Thursday it expected revenue to grow between 16% to 16.5% in the year to March, compared with the 15% to 16% growth it projected in October. Analysts on average expect ...

Read More »

Hong Kong to return as a top property investment location

  Bloomberg Hong Kong has returned to the top five Asia-Pacific investment destinations by property consultancy CBRE for the first time since 2020, thanks to an expected pandemic recovery and low pricing. The report on real estate investor intentions for 2023 showed the Asian financial hub came in at number five after Tokyo, Singapore, Ho Chi Minh City and Sydney ...

Read More »

Tesla China plant expansion in doubt over Starlink concerns

  Bloomberg An expansion of Tesla Inc.’s plant in Shanghai has been delayed, according to people familiar with the matter, over data concerns that risk putting a roadblock in the way of the US electric-car maker’s ambition to keep growing in China. The so-called phase-three expansion originally slated to start mid-year would have seen the plant’s capacity double to around ...

Read More »
Send this to a friend