Michigan carmaker records US$2.7 bil impairment on Argo AI programme’s dissolution

Local currency rises to 4.7020/7070 against US dollar from yesterday’s close of 4.7120/7165.

Tech giant reports lower earnings in crucial memory chips division due to weak demand

Firm says it will receive them in stages from June 2023 to Dec 2024 to replace current vehicles

Revenues increase to US$16 bil, missing analyst projections

Meanwhile, Shanghai begin rolling out world’s first inhalable vaccine for coronavirus

Additional trips to be available Nov 5 to 23, to several states in M’sia

Rebound due to weaker US consumer data, higher palm oil prices, says analyst

Nation’s central bank may impose assessment to ensure investors don’t go bakrupt

Housing market in downward spiral, weak renminbi hampering central bank’s ability to provide support, notes analyst

Profit after tax increases to £1.51 billion from June to September

German luxury carmaker attributes revenue spike to robust China sales  

Commission says company failed to meet minimum financial threshold