Business
Is Keppel Reit’s deal Down Under a good move?
Prime office landlord may continue diversifying geographically and across real estate asset classes to expand its portfolio Unitholders of…
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Business
Business
United sees demand ‘strengthening’ as profits edge lower
UNITED Airlines reported a slight dip in profits on Wednesday as operating expenses ticked higher, adding that a strengthening demand…
Business
US: S&P 500 ends higher after strong bank earnings, chip stocks rally
THE S&P 500 ended higher on Wednesday, with Morgan Stanley and Bank of America rallying after solid quarterly results, while investors…
Business
HPE annual profit forecast misses estimate on margin crunch
For the fiscal year ending in October 2028, the company expects adjusted profit of at least US$3.00 per share and free cash flow of more…
Business
Europe: Stocks end higher as LVMH drives luxury rally
EUROPEAN stocks closed higher on Wednesday as France’s LVMH sparked a rally in luxury goods groups and eased concerns that slowing global…
Business
Bank of England will lift stablecoin limits once threat to economy eases
The remarks represent a major softening in the BOE’s approach after experts raised concerns that proposed limits on holdings would hinder…
Business
Oil prices hit 5-month low on US-China trade tensions, looming supply surplus
Oil prices eased on Wednesday to a five-month low on escalating US-China trade tensions and the International Energy Agency’s prediction…
Business
Following LVMH, Luxury Sector Shares Move Higher
The luxury world often looks to LVMH Moët Hennessy Louis Vuitton for guidance, reading tea leaves in the powerhouse company’s results for…
Business
Rebecca Kutler: MSNBC President Reveals Breast Cancer Diagnosis and Says She Will Be Away from Work for a Few Weeks
MSNBC president Rebecca Kutler has been diagnosed with breast cancer and will be taking a short leave from the network for a few weeks,…
Business
Attention Walmart shoppers: ChatGPT will do your shopping for you
Walmart has partnered with OpenAI to allow its customers to shop for products and pay directly from within ChatGPT. The world’s largest…
Business
Former OCBC CEO Samuel Tsien appointed as new Jardine C&C independent chairman
Jardine Cycle & Carriage has appointed former OCBC group chief executive officer Samuel Tsien as its new independent chairman, effective…
Business
LVMH surges to biggest daily jump in 20 years as China demand sparks US$80 billion luxury rally
The strong sales figures surprise investors and are expected to sustain momentum in luxury stocks [PARIS/LONDON] LVMH shares had their…
Business
Walmart on path to trillion-dollar status after OpenAI alliance
Walmart is on track to join the “elite” crop of companies with a trillion-dollar valuation, after its announced partnership with OpenAI…
Business
Q&M proposes to buy interest in dental group in Thailand
Purchase consideration will be satisfied by a combination of cash and new ordinary shares Q&M Dental Group is proposing to acquire equity…
Business
US: Wall St opens higher on positive bank results, chip stocks' rally
Wall Street’s main indexes opened higher on Wednesday (Oct 15), boosted by solid results from major banks, while chipmakers rallied after…
Business
Sunil Agarwal – Engineering Trust in the Digital Age
In today's world, where every purchase, payment, and connection depends on invisible systems, reliability has become the silent currency…
Business
Abbott posts higher quarterly revenue on strong medical device demand
Abbott reported higher quarterly revenue on Wednesday (Oct 15), driven by strong demand for its medical devices including continuous…
Business
Bank of America beats profit estimates on dealmaking strength
It reported a net income of US$8.5 billion, or US$1.06 per share, in the three months ended Sep 30 Bank of America beat Wall Street…
Business
Industrial property developer Soon Hock IPO 9.8 times oversubscribed
Industrial property developer Soon Hock on Wednesday (Oct 15) said that its 21.6 million units on offer were 9.8 times subscribed. Its…
Business
Industrial property developer Soon Hock IPO 9.8 times subscribed
Industrial property developer Soon Hock on Wednesday (Oct 15) said that its 21.6 million shares on offer were 9.8 times subscribed. Its…
Business
Morgan Stanley’s profit beats estimates on boost from dealmaking, stock trading
Morgan Stanley’s third-quarter profit beat market expectations as investment bankers brought in more fees from advising on deals and by…
Business
BlackRock, Nvidia-backed group strikes US$40 billion data centre deal to fuel AI boom
The acquisition follows a slew of mega-deals focused on securing coveted compute capacity An investment consortium that includes…
Business
BlackRock, Nvidia-backed group including Temasek strikes US$40 billion data centre deal to fuel AI boom
The deal underscores the rush to build costly infrastructure essential for powering advanced AI models An investor group, including…
Business
Temasek, Nvidia, Blackrock part of group striking US$40 billion data centre deal to fuel AI boom
The deal underscores the rush to build costly infrastructure essential for powering advanced AI models An investor group including…