Business
McDonald’s profits dented by food poisoning outbreak
MCDONALD’S reported a dip in profits on Monday as it contended with lingering effects from a US food poisoning outbreak that depressed…
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Business
Business
Morgan Stanley sets US$3 billion X loan to tap into Musk mania
MORGAN Stanley kicked off another large sale of X debt on Monday (Feb 10), seizing on investors’ sudden embrace of the social media…
Business
Simon Property Plots Major Upgrade for Smith Haven Mall, Burnishing a ‘B’ Mall on Long Island
Zara, Sur la Table, Ford’s Garage burger and brewhouse and an updated food court are among the new retailers and features coming to the…
Business
DBG Group Acquires Full Ownership of MCoBeauty
Australian beauty brand MCoBeauty, best known for its affordable dupes, is now fully owned by billionaire Dennis Bastas’ DBG Group,…
Business
The RealReal Hits Financial Milestone With Adjusted EBITDA for 2024
The RealReal Inc. hit a financial milestone last year — and is looking to keep the momentum up. The resale company released preliminary…
Business
Millennial Workplace Demands Reshaping America
Millennials are shaking things up in the workplace, and it’s hard not to notice. They’re not just clocking in for a paycheck; they’re…
Business
BYD puts driver-assistance features in most of its cars for free
BYD will enable advanced driver-assistance features in almost all future models at no additional cost to buyers as part of a bid to…
Business
NFRA considers next steps in IL&FS audit notices case
The National Financial Reporting Authority (NFRA) is reassessing its strategy following a decision of India’s Delhi High Court that…
Business
Keppel’s new commercial property secures financial services company as anchor tenant
The Tanjong Pagar building features smart building management systems and renewable energy use ASSET manager Keppel’s new commercial…
Business
Nokia hires Intel’s AI executive as CEO in push for turnaround
NOKIA said it was replacing chief executive officer Pekka Lundmark with Intel’s Justin Hotard in a surprise announcement as the network…
Business
How Spain's economy became the envy of Europe
Spain attracts the second highest number of overseas visitors after France It's a chilly mid-winter afternoon in Segovia, in central…
Business
TSMC January sales growth slows after DeepSeek roils market
TSMC’s outlook is overshadowed by US President Donald Trump’s threats to slap tariffs on semiconductor imports TAIWAN Semiconductor…
Business
Taiwan’s legacy chip industry contemplates future as China eats into share
WHEN Taiwan’s Powerchip Technology entered a deal with the eastern Chinese city of Hefei in 2015 to set up a new chip foundry, it hoped…
Business
Dongfeng jumps on bets consolidation will sweep China car market
DONGFENG Motor Group surged almost 90 per cent in Hong Kong after the Chinese automaker said its parent company plans to restructure, a…
Business
China unpaid wages case sparks misinformation on city's currency
The Chinese city of Changchun has not printed its own currency, contrary to social media posts from accounts that often fan anti-China…
Business
Nippon Steel slumps after Trump suggests US Steel investment
NIPPON Steel slumped the most in four months after a closely watched summit between US President Donald Trump and Japanese Prime Minster…
Business
Singapore’s STI breaks through to a new record as banks hit fresh highs
The three banks, which contribute to about half of the STI, have hit highs multiple times in the past year SINGAPORE’s Straits Times Index…
Business
Honda, Nissan results will highlight flaws as deal set to fail
THE likely fallout of Honda Motor’s short-lived alliance with Nissan Motor spells trouble for both companies, but probably one more than…
Business
DBS crosses S$46 for first time to hit new high on strong results and capital return dividend plan
SHARES of DBS rose to a historic level after it announced a capital return dividend of S$0.15 per share per quarter to be paid out over…
Business
DBS shares vault past S$46 in intraday trading on strong results, capital return dividend plan
SHARES of DBS rose to a historic level after it announced an additional dividend payout for FY2025 on top of its regular dividends,…
Business
Stocks to watch: DBS, Suntec Reit, Frasers Property, Hutchison Port, Zheneng Jinjiang, Creative Tech
THE following companies saw new developments that may affect trading of their securities on Monday (Feb 10). DBS: The lender posted net…
Business
Elite UK Reit posts 5.8% rise in H2 DPU to 1.47 pence
THE manager of Elite UK Reit on Monday (Feb 10) posted a distribution per unit (DPU) of 1.47 pence for the second half (H2)ended Dec 31,…
Business
Pimco seeks to grow 60/40 fund to US$2 billion on Asia expansion
PACIFIC Investment Management Company (Pimco) is seeking to grow assets in a multi-asset mutual fund by 25 per cent to US$2 billion this…
Business
BP faces pivotal moment as activist investor Elliott enters fray
BP’S dramatic under-performance compared with other oil majors has reached a crunch point – a looming showdown with one of the world’s…