October 2024 – UAG Trade Asia

AI could add $6 billion to electronic design-automation market

October 31, 2024
Finance
No Comments

Electronic design-automation providers stand to gain $6 billion through 2030, Bloomberg Intelligence’s AI scenario analysis shows, with AI-enabled tools like Synopsys’ DSO.ai and Cadence’s Cerebrus seeing performance gains among its customers.

October 31, 2024
Business
No Comments

Oct 31 Reuters Selfdriving tech firm Mobileye Global topped Wall Street expectations for quarterly revenue on Thursday as a rebound in car sales in China led to improved demand for its driverassistance chips. Shares of the company, which is majorityowned by Intel, were up 8.2 before the bell. The Chinese passenger vehicle industry snapped a fivemonth […]

October 31, 2024
Business
No Comments

NEW DELHI, Oct 31 Reuters Big investors including Norway39;s sovereign wealth fund Norges and Fidelity have placed bids worth more than 15 billion in Swiggy39;s India IPO, 25 times the 605 million portion reserved for such investors, four sources told Reuters on Thursday. Swiggy, a SoftBankbacked Indian food and grocery delivery giant, will next week […]

October 31, 2024
Business
No Comments

TOKYO, Oct 31 Reuters Japan39;s Panasonic Holdings said on Thursday secondquarter operating profit rose 42 at its batterymaking energy unit, as stronger sales of energy storage systems for data centres offset falling demand for automotive batteries. Operating income for the key segment, which makes batteries for Tesla and other automakers, rose to 32.7 billion yen 213.82 million, […]

October 31, 2024
Uncategorized
No Comments

BENGALURU, Oct 31 Reuters Global economic growth will maintain its robust pace next year as major central banks implement a series of interest rate cuts against the backdrop of a strong U.S. economy, according to a Reuters poll of around 500 economists. Next week39;s hotlycontested U.S. presidential election could limit the growth picture, however, by […]

October 31, 2024
Uncategorized
No Comments

Manufacturing expands for first time in six months Construction and services avoid falling into contraction Reinforces officials39; belief Sept stimulus can revive economy Fourth quarter is off to a good start, economists say BEIJING, Oct 31 Reuters China39;s manufacturing activity expanded for the first time in six months and services picked up in October, indicating […]

October 31, 2024
Uncategorized
No Comments

SHENZHEN, China, Oct 31 Reuters Chinese smartphone maker Honor announced on Thursday new investors that included China Telecom and a unit of CICC Capital Corp, almost a year after it said it was planning an initial public offering IPO. Honor, a former unit of Huawei Technologies HWT.UL, did not disclose the amount of the investment. […]

October 31, 2024
Uncategorized
No Comments

Oct 31 Reuters French consumer prices rose in line with expectations in October, preliminary data from statistics agency INSEE showed on Thursday. France39;s harmonized inflation rate, adjusted for comparison with other euro zone countries, increased to 1.5 yearonyear in October. A poll of 19 economists surveyed by Reuters was expecting a rise of 1.5 on […]

October 31, 2024
Uncategorized
No Comments

TAIPEI, Oct 31 Reuters Taiwan39;s tradedependent economy grew more than expected in the third quarter of 2024, thanks to stronger demand for new applications such as artificial intelligencerelated products. Taiwan is a key hub in the global technology supply chain for companies such as Apple and Nvidia, and home to the world39;s largest contract chipmaker, Taiwan […]

October 31, 2024
Uncategorized
No Comments

BERLIN, Oct 31 Reuters German plant and equipment makers39; orders fell in September, after a oneoff rise in August, the VDMA association said on Thursday, as a doubledigit fall in domestic contracts were cushioned by those from abroad remaining stable. Overall, orders were down 4 in real terms on the year in September, following a […]

Company

Account

Platforms

Capital Management

AI could add $6 billion to electronic design-automation market

Mobileyes ThirdQuarter Revenue Beats on Improved Demand

Swiggy IPO Gets Bids of 15B from Big Investors Like Norges, Fidelity, Sources Say

Panasonics Battery Unit Q2 Operating Profit Rises 42, Keeps Forecast

Global Economy Set to Cruise at Solid 3 Growth Rate next Year, Poll

Chinas Manufacturing Activity Expands for First Time in Six Months

Chinese Smartphone Maker Honor Announces new Investors

French Preliminary Inflation at 1.5 in October, in Line with Expectations

Taiwan Q3 Preliminary GDP Beats Forecast on Solid AI Demand

German Engineering Orders Fall again in September, says VDMA

Corporate Office

Corporate Registered Office

Archives

Categories