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The Latest Breaking News from Asia Pacific

Axon Reveals First Body-Worn Camera Deployment In The Maldives

Axon Enterprise Inc (NASDAQ:AXON) stated that the Maldives Police Service (MPS) equipped 200 officers with Axon Body 3 body-worn cameras and Axon's digital evidence management solution, Axon Evidence. Axon Body 3 is the next-generation body-worn camera designed to improve officer and community safety. "We are excited to partner with the Maldives Police Service…

Hurco Companies Clocks 24% Sales Growth In Q1

Hurco Companies Clocks 24% Sales Growth In Q1

Hurco Companies, Inc (NASDAQ:HURC) reported first-quarter FY22 sales and service fees growth of 24% year-over-year to $66.89 million. EPS improved to $0.53 from $0.10 in 1Q21. Orders for the quarter increased 24% Y/Y to $70.86 million. Sales by geographic region: Americas $24.01 million (+3% Y/Y), Europe $34.12 million (+41% Y/Y), and Asia…

Nowhere to hide but China bonds?

Nowhere to hide but China bonds?

Hayden Briscoe Head of Fixed Income, Global Emerging Markets and Asia Pacific at UBS Asset Management (UBS-AM) remains optimistic on China bonds even though regulations-induced market volatility has impacted investments in China. China onshore bonds1 were one of the few fixed income sub-asset classes which rallied in 2021, and equally…

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Stellantis Registers 14% Pro Forma Revenue Growth In FY21

Stellantis NV (NYSE:STLA) reported FY21 Pro Forma sales growth of 14% year-on-year, to €152 billion, versus €133.9 billion the previous year. On a Pro Forma basis, North America revenue rose 15% Y/Y to €69.7 billion, South America increased 71% to €10.7 billion, Europe 5% to €59 billion, Middle East & Africa rose 9%…

Tupperware Brands Registers 12% Sales Decline In Q4

Tupperware Brands Corp (NYSE:TUP) reported a fourth-quarter FY21 sales decline of 12% year-on-year, to $394.9 million, beating the consensus of $384.97 million. Sales in North America fell 12% Y/Y to $108.3 million, South America decreased 16% to $62.4 million, Europe declined 11% to $106.5 million, and Asia Pacific sales dropped 11% to $117.7…

Asia Pacific set to become world’s largest data centre region over next decade

Asia Pacific’s data centre market continues to grow at a relentless pace and is set to become the world’s largest data centre region over the next decade. According to Cushman & Wakefield’s latest 2022 Data Centre Global Market Comparison report, Singapore, Hong Kong and Sydney are ranked among the top…

Kellogg Stock Gains On Q4 Earnings Beat

Kellogg Co (NYSE:K) reported a fourth-quarter FY21 sales decline of 1.3% year-on-year, to $3.42 billion, beating the analyst consensus of $3.39 billion. Q4 sales were negatively affected by lapping an extra week in the year-earlier period. Adjusted EPS of $0.83 beat the analyst consensus of $0.79. Kellogg North America's sales decreased 3%, Europe…

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Asia Pacific trade booms despite COVID curbs: ADB

Asia Pacific trade booms despite COVID curbs: ADB

Asian Development Bank President Masatsugu Asakawa says harsh pandemic restrictions are now ‘more difficult to justify’.

AstraZeneca Thailand certified as Top Employer 2022 in Thailand and Asia Pacific

AstraZeneca Thailand certified as Top Employer 2022 in Thailand and Asia Pacific

AstraZeneca (Thailand) Ltd. has been recognised as a 2022 Top Employer in Thailand and Asia Pacific by the Top Employers Institute. Being certified as a Top Employer showcases the organisation’s dedication to a better world of work. It exhibits through excellent staff-oriented policies, a life-long learning culture, and an inclusive…

As Omicron pushes the West to reopen, Asia hunkers down

As Omicron pushes the West to reopen, Asia hunkers down

The variant is sharpening an East-West divide on the balance between public health, the economy and basic freedoms.

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