Day: August 7, 2024

Proton Sold 2,585 Units Of X50 Model In July

KUALA LUMPUR, National carmaker Proton Holdings Bhd (Proton) hit a milestone in July, selling 2,585 units of its revamped 2024 Proton X50, just weeks after its June 4 debut.

Proton Edar chief executive officer Roslan Abdullah said sales for the upda…

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Hartalega Shares Rise As Profit Rebounds In 1Q

KUALA LUMPUR, Hartalega Holdings Bhd shares rose in early trade after the group posted a net profit for the first quarter (1Q) of 2024, marking a recovery from losses in the same period last year.

At 10.10 am, Hartalega’s shares increased by three s…

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Coupang shifts to net loss in Q2

Coupang Inc., an online retailer, said Wednesday it swung to a net loss in the second quarter, mainly due to an estimated fine over allegedly using unfair search algorithms.

Coupang posted a net loss of US$105 million in the April-June period from a…

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(EDITORIAL from Korea Herald on Aug. 7)

Investors in South Korea seem jittery since the stock markets have been on a dizzying roller-coaster ride in recent sessions, triggered by fears that the U.S. economy has been slowing faster than expected.

The benchmark KOSPI rebounded sharply Tuesd…

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