Business
UBS Q3 profit beats expectations as investment banking rebounds, legal costs ease
UBS Group profit beat expectations in the third quarter as investment banking revenue and lower-than-forecast legal costs boosted…
Section
Business
Business
Mercedes beats margin forecasts as premium sales offset job-cut charges
[BERLIN/FRANKFURT] German carmaker Mercedes-Benz on Wednesday (Oct 29) reported stronger than expected margins at its core autos business…
Business
Mapletree Logistics Trust’s China asset divestments could pick up as interest rates fall
MLT is targeting divestments of S$100 million to S$150 million across its portfolio in FY2026 Mapletree Logistics Trust (MLT) is seeing…
Business
China blows past record for Europe car sales on hybrid, EV gains
The Asian nation’s latest plug-in hybrids offer long electric-only ranges, rapid charging and generous standard equipment at prices below…
Business
Maybank upgrades OUE Reit to ‘buy’ amid lower cost of debt in Q3
Analysts are positive on OUE Real Estate Investment Trust (Reit) on the back of its declining cost of debt in Q3 – with Maybank Securities…
Business
The 10 top-performing ETFs on SGX in Q3; China funds dominate
Singapore Exchange’s (SGX) third quarter recorded robust results on the exchange-traded fund (ETF) market, according to a report released…
Business
Philippine peso poised for rebound as holiday remittances set to arrive
The currency has come under pressure following Bangko Sentral ng Pilipinas’ unexpected cut in the benchmark interest rate in early October…
Business
iX Biopharma raises gross proceeds of S$6.7 million from placement
The group intends to raise at least S$5 million from the exercise, with new shares issued at S$0.10 apiece Singapore-based speciality…
Business
Saudi AI chief vows to avoid Huawei tech in bid for US chips
The country is subject to American restrictions on AI chip exports, with shipments of advanced accelerators requiring a license from…
Business
EXCLUSIVE: Amika Breaks Into Ulta Beauty With New Retail Partnership
Hair care brand Amika has a new retail partner. The brand is expanding into all Ulta Beauty doors on Dec. 1, marking its second specialty…
Business
Asia: Stocks join Wall Street records as tech bull run quickens
ASIAN stock markets surged on Wednesday morning, matching record gains on Wall Street the previous day as investor confidence in AI tech…
Business
SGAG parent company Hepmil sold to French Publicis Groupe for undisclosed fee
Established in 2015, Hepmil has a network of over 3,000 creators with a total reach exceeding 1 billion in six South-east Asian markets…
Business
SGAG parent company Hepmil sold to French Publicis Groupe for undisclosed sum
Established in 2015, Hepmil has a network of over 3,000 creators with a total reach exceeding one billion in six South-east Asian markets…
Business
Amazon to invest another US$5 billion in South Korea data centres
The spending comes on top of more than US$4 billion of envisioned investment with partner SK Group announced in June Amazon.com is setting…
Business
Toyota says it did not explicitly promise Trump new US$10 billion investment in US
Japan’s Toyota Motor did not explicitly promise a new US$10 billion investment in the United States, a senior executive from the Japanese…
Business
DBS re-initiates China Aviation Oil coverage with ‘buy’ call; shares rise 7.6%
Its trading profitability is expected to rise, while arbitrage opportunities are set to persist Shares of China Aviation Oil (CAO) surged…
Business
DBS restarts China Aviation Oil coverage with ‘buy’ call; shares rise 7.6%
Its trading profitability is expected to rise, while arbitrage opportunities are set to persist Shares of China Aviation Oil (CAO) surged…
Business
DBS restarts China Aviation Oil coverage with ‘buy’ call; shares rise 9.1%
Its trading profitability is expected to rise, while arbitrage opportunities are set to persist Shares of China Aviation Oil (CAO) surged…
Business
DBS restarts China Aviation Oil coverage with ‘buy’ call; shares rise 12.9%
Its trading profitability is expected to rise, while arbitrage opportunities are set to persist Shares of China Aviation Oil (CAO) surged…
Business
The Architect of Resilience: How Gaurav Malik Is Shaping the Future of Cybersecurity
Every day, billions of digital interactions flash across invisible networks, money moving between continents, patients' health data shared…
Business
Fed to cut rates, but with no added signal
Federal funds futures indicate investors see a quarter-point cut as nearly a certainty Expectations are set for two things from this…
Business
Gold rebounds on bargain hunting ahead of Fed verdict
Gold prices edged higher on Wednesday (Oct 29) as bargain hunters stepped in after bullion dropped to a three-week low in the previous…
Business
Wee Hur prices S$175 million fixed rate notes due 2030 at 4.8%
Property developer Wee Hur on Tuesday (Oct 28) launched and priced its inaugural offering of S$175 million worth of fixed rate notes due…
Business
Stocks to watch: Mapletree Logistics Trust, Keppel Reit, Clas, ESR-Reit, Wee Hur, First Reit, LHN
The following companies saw new developments that may affect trading of their securities on Wednesday (Oct 29): Mapletree Logistics Trust…