SINGAPORE: XM Studios, a homegrown design studio specialising in handcrafted figurines of characters from popular media franchises such as Marvel and DC Comics, has raised S$4.5 million in fresh capital as it eyes an expansion into new markets and products. The funds were raised through a tokenis...

General Motors Co said on Monday it expanded its design studio in China, which will focus only on developing electric and connected cars and no longer design petrol vehicles.

BEIJING: Jidu Auto, a smart electric vehicle venture between China's tech giant Baidu Inc and Chinese automaker Geely, said it has hired Frank Wu, formerly at Cadillac, to lead its design studio. Jidu's chief executive Xia Yiping told Reuters in April that the new company, founded in January .....

Jidu Auto, a smart electric vehicle venture between China's tech giant Baidu Inc and Chinese automaker Geely, has hired Frank Wu, formerly at Cadillac, to lead its design studio, three sources told Reuters.

DESIGN Studio Group, which intends to undergo a court-supervised restructuring, said on Thursday that its chief financial officer (CFO) Lilian Tan Yin Yen has resigned.

DESIGN Studio Group, together with five of its Singapore-incorporated subsidiaries, has made an application to the High Court in Singapore for a six-month moratorium as it seeks to undergo a court-supervised process to reorganise its liabilities.

MAINBOARD-LISTED Design Studio Group's chief executive Edgar Ramani has resigned with effect from Dec 4 to pursue other career opportunities, and director Steven Salo has been appointed interim CEO.

MAINBOARD-LISTED Design Studio Group is taking an unsecured loan of up to 20 million dirham (S$7.4 million) from controlling shareholder Depa United Group.

MAINBOARD-LISTED Design Studio Group on Monday appointed Lilian Tan Yin Yen as its chief financial officer (CFO).

DESIGN Studio Group said it had been granted a waiver on a S$3 million bank loan, despite not meeting the requirement of maintaining a minimum tangible net worth of $80 million, provided that it refrains from paying out dividends if it records a full-year loss after tax.