Business
Germany imports more LNG through North Sea terminals than Baltic Sea
Germany's liquefied natural gas (LNG) import terminals on the North Sea operated at about 65% capacity in 2024, according to the…
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Business
Business
China’s central bank maintains gold buying momentum in January
CHINA’S central bank added gold to its reserves in January for a third month, official data by the People’s Bank of China (PBOC) showed on…
Business
Xiaomi hits fresh record high on China’s subsidy programme boost
XIAOMI’S shares surged to a fresh record in Hong Kong on Friday (Feb 7), as new product launches and benefits from China’s nationwide…
Business
Maybank upgrades SGX to ‘buy’, raises price target on potentially stronger IPO pipeline, safe-haven factor
MAYBANK upgraded its call for the Singapore Exchange (SGX) to “buy” and raised its price target for the stock on Friday (Feb 7). That…
Business
SGX soars 9% on profit surge and strong prospects ahead; Maybank upgrades stock to ‘buy’
MAYBANK upgraded its call for the Singapore Exchange (SGX) to “buy” and raised its price target for the stock on Friday (Feb 7). That…
Business
SGX soars 10% on profit surge and strong prospects ahead; Maybank upgrades stock to ‘buy’
MAYBANK upgraded its call for the Singapore Exchange (SGX) to “buy” and raised its price target for the stock on Friday (Feb 7). That…
Business
Smart Meters: Big Brother in Your Business?
Smart meters are popping up everywhere, from homes to businesses, promising to revolutionize how we use energy. But are they really as…
Business
BYD shares soar 20% this week as traders await autopilot update
BYD’s shares are on track to record their best week since late 2020, as investor enthusiasm builds ahead of the Chinese electric vehicle…
Business
Peter Kwee has been in the legal limelight this week. Who is he?
MOTORING tycoon Peter Kwee has been making the headlines this week. Here are four things to know about him: He made his money from car…
Business
Oracle adds AI pricing features to financial software
ORACLE on Thursday (Feb 6) added another set of artificial intelligence (AI) tools to NetSuite, one of its corporate finance software…
Business
Salesforce, Workday are hiring more overseas to save cash
SOFTWARE companies are under pressure to invest in new artificial intelligence (AI) capabilities without denting profits. One increasingly…
Business
Stocks to watch: Singtel, ST Engineering, Clar, F&N, BRC Asia, Fu Yu, MM2 Asia, Japan Foods
THE following companies saw new developments that may affect trading of their securities on Friday (Feb 7). Source link
Business
F&N Q1 profit up 18.8% at S$52 million as soft drinks, beer sales jump
BEVERAGE maker F&N reported a net profit of S$52 million for the first quarter ended Dec 31, an 18.8 per cent increase from S$43.8 million…
Business
Singtel secures S$643 million green loan for new data centre in Tuas
SINGTEL’S regional data centre arm, Nxera DCT, has secured a S$643 million, five-year green loan to finance the development of a new 58…
Business
Japan's December household spending beats expectations
TOKYO (Reuters) - Japanese household spending rose for the first time in five months in year-on-year terms in December and at a much…
Business
Amazon offers weak outlook on rising spending for AI
AMAZON.COM projected profit in the current quarter that fell short of analysts’ estimates, suggesting the company continues to ramp up…
Business
Haider Ackermann’s Inaugural Collection for Canada Goose Lifts Fiscal Q3 Results
Canada Goose, the luxury outerwear, apparel, footwear and accessories brand, managed to improve its bottom line in its fiscal third…
Business
Cent Neuf’s Case for Building a Luxury Secondhand Brand
PARIS — Developing mood boards, colorways, key silhouettes and fabric swatches are part and parcel of any design team’s seasonal planning,…
Business
EXCLUSIVE: With a New Minority Investor, Amouage Will Open More Monobrand Boutiques
PARIS — Amouage, infused with Omani culture, has a new long-term minority shareholder — L’Oréal. “The high-end fragrance house Amouage has…
Business
Gen Z is giving more expensive Valentine's Day gifts than millennials
As Valentine's Day approaches, new data suggests that Generation Z consumers are poised to spend more on gifts and experiences than…
Business
Cathay Cineplex has paid back S$12 million owed to landlords; remaining S$2.7 million is a quarter of total sum
mm2 Asia says slower-than-expected recovery of the cinema industry hit the cinema chain’s ability to pay its arrears on a timely basis THE…
Business
US: Wall St opens higher after big corporate results
Wall Street’s main indexes opened slightly higher on Thursday (Feb 6), as investors evaluated earnings from companies including Honeywell…
Business
BRC Asia Q1 profit after tax rises 13.9% to S$19.5 million
This is despite revenue falling 12.4% year on year to S$349.8 million, from S$399.2 million STEEL fabricator BRC Asia on Thursday (Feb 6)…
Business
HSBC’s head of global banking for Asia-Pacific is exiting lender
HSBC Holdings’s head of global banking for Asia-Pacific, Christina Ma, is leaving the bank, according to people familiar with matter, as…