Business
Geopolitical concerns add to woes for pre-IPO activity, M&As for Chinese companies
GROWING geopolitical concerns from the trade tensions between the US and China are compounding an already-cautious outlook among investors…
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Business
Business
Maybank upgrades Singtel’s AIS to buy, raises price target on further profit growth expectations
Maybank Securities upgraded Singtel’s Thai associate Advanced Info Service (AIS) to “buy” from “hold”, due to a strong outlook and healthy…
Business
Singapore shares retreat at Friday’s open; STI down 0.2%
SINGAPORE stocks declined on Friday (Feb 14) morning, despite data from the Ministry of Trade and Industry showing that the city-state’s…
Business
Stocks to watch: Thai Beverage, Civmec
THE following companies saw new developments that may affect trading of their securities on Friday (Feb 14): Thai Beverage (ThaiBev): The…
Business
Arm recruits from customers as it plans to sell its own chips
ARM has begun recruiting from its own customers and competing against them for deals as it pushes toward selling its own chips, according…
Business
Money Talk: Why Revenue Doesn't Equal Profit
When you’re running a business, it might seem like revenue is the ultimate goal. After all, more money coming in means you’re doing well,…
Business
Capri Holdings Taps Philippa Newman as Chief Brand and Product Officer
Philippa Newman has been promoted to chief brand and product officer at Capri Holdings Ltd., effective immediately. In this expanded role,…
Business
How to Whiten Your Teeth, According to a Dentist
There are plenty of reasons why you're searching “how to whiten your teeth.” Perhaps you noticed your pearly whites are looking a little…
Business
Cathay Cineplexes’ rental arrears unlikely to impact FCT’s bottom line
DELAYED rental payments by cinema operator Cathay Cineplexes to its landlord Frasers Centrepoint Trust (FCT) will not significantly impact…
Business
Stores Closing in the U.S. in 2025: JoAnn, Quiksilver, Macy’s, Kohl’s and More Companies Facing Financial Challenges
2025 started with the announcement of store closures by Kohl’s and Macy’s, which are shutting down several locations in the country in the…
Business
Tata Power unit and ONGC sign MoU for battery energy storage systems
Tata Power Renewable Energy - (TPREL), a subsidiary of the Tata Power Company - has partnered the Oil and Natural Gas Corporation (ONGC)…
Business
Meta opens Facebook Marketplace to rivals in EU antitrust clash
Facebook said that despite the changes, it continues to disagree with the European Commission’s decision last year, which saw Meta…
Business
EXCLUSIVE: Eco Wave Power Signs MoU With India's Bharat Petroleum To Develop Wave Energy
EXCLUSIVE: Eco Wave Power Signs MoU With India's Bharat Petroleum To Develop Wave Energy On Thursday, Eco Wave Power Global AB…
Business
ThaiBev Q1 revenue up 2.4% to 92.3 billion baht
Improvement driven by stronger sales of beer, non-alcoholic beverages and food segments THAI Beverage on Thursday (Feb 13) reported that…
Business
Civmec’s H1 FY2025 net profit falls 16.9% to A$26.5 million
CONSTRUCTION and engineering services provider Civmec posted a net profit of A$26.5 million for H1 FY2025, marking a 16.9 per cent decline…
Business
US Bitcoin miners disrupted by Chinese supplier under scrutiny
CRYPTO miners in the US are experiencing delays receiving deliveries of new equipment, threatening their competitiveness and profit…
Business
US inflation data hits regional markets; STI up 0.2%
SINGAPORE equities ended Thursday (Feb 13) higher, even as US data – which indicated sticky inflation – hit regional markets. The Straits…
Business
MAS review group proposes tax perks to boost Singapore’s equities market; more details on Feb 21
THE Monetary Authority of Singapore’s (MAS) equities market review group proposes to introduce tax incentives to spur more listings and…
Business
MAS review group proposes tax perks to boost Singapore’s equities market as a start
THE Monetary Authority of Singapore’s (MAS) equities market review group proposes to introduce tax incentives to spur more listings and…
Business
Barclays sets new performance goals as 2024 pretax profit rises
BARCLAYS upped its 2025 performance guidance on Thursday (Feb 13) after posting a 24 per cent rise in annual pretax profit for 2024 that…
Business
Dove, Wellbeing Brands Drive Unilever Growth in 2024
LONDON – Unilever is expecting a “soft” start to the new year after reporting a 1.9 percent uptick in turnover to 60.8 billion euros in…
Business
January inflation in Germany drops due to some lower fuel prices
A woman holds money in her hand over of a basket full of groceries. Patrick Pleul/dpa Price pressure on consumers in Germany eased in…
Business
Sony hikes profit forecast on strong gaming business
It expects a net profit of 1.08 trillion yen (S$9.44 billion) in the year ending March 31, compared with an earlier projection of 980…
Business
Siemens posts better than expected profit despite weakness at factory automation
Siemens reported an 8% drop in industrial profit to 2.52 billion euros (S$3.54 billion), beating forecasts for 2.44 billion euros Siemens…