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China: Hybrid Plug-Ins Are Booming

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🇨🇳 🇨🇳 A growing preference for plug-in hybrids—which solve range anxiety and are more affordable than battery-only cars—has seen the segment become the growth engine for China’s market for electrified vehicles, especially after national EV subsidies were phased out at the end of 2022
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UOB Profit Crosses $6 Billion Mark

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🇸🇬 🇸🇬 UOB’s core net profit for FY2023 up by 26% y-o-y to $6.06 billion, crossing the $6 billion mark for the first time. The figure, which is a record for the bank, is 26% higher than the bank’s core net profit of $4.82 billion in the FY2022
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Nikkei Hits All-Time High

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🇯🇵 🇯🇵 BREAKING: Japan’s Nikkei hits all-time high on robust corporate earnings, investor-friendly measures
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Nvidia’s Data Center Business Surges 400%

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🚨 🚨 Nvidia’s Data Center business is up more than 400%: Nvidia’s closely watched Data Center business logged $18.4 billion in fourth-quarter sales, up 409% from the same period in the previous year
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Nvidia Beats

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🚨 🚨 Nvidia posts record revenue up 265% on booming AI business
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Novelis Heads For IPO

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🇮🇳 🇺🇸 Novelis Inc., an American aluminum products maker owned by Hindalco Industries Ltd., has selected banks for its US initial public offering
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Apple: New Free Sports App

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🏈 🏈 Apple announced a free new app for tracking sports scores on Wednesday, its latest effort to become a major provider of sports content and news
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Apple Boosts iMessage Security

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🚨 🚨 Apple Inc. is upgrading the security of its iMessage app, aiming to fend off a looming future threat: advanced quantum computing attacks
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Microsoft To Use Intel For Made-To-Order Chips

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🧠 🧠 Intel Corp. has landed Microsoft Corp. as a customer for its made-to-order chip business, marking a key win for an ambitious turnaround effort under Chief Executive Officer Pat Gelsinger
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HSBC Slashes Commercial Property Exposure

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🇬🇧 🇬🇧 HSBC Holding Plc slashed its exposure to commercial real estate in both the US and UK last year, the latest sign that lenders are looking to limit their losses as office occupancy rates in major cities continue to plummet
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