Business
Xiaomi’s US$120 billion gain faces scrutiny on smartphone slowdown
Investors anxiously await an earnings report from Xiaomi, following a rally that has driven its market value up US$120 billion in the past…
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Xiaomi’s revenue rises 31% after second EV excites consumers
Xiaomi’s quarterly revenue rose a slightly better-than-anticipated 31 per cent after the successful launch of its second electric vehicle…
Business
China Medical System H1 net profit rises 3.4% to 941.2 million yuan; interim dividend at S$0.028
China Medical System (CMS) posted a rise in first half profit and interim dividend on Monday (Aug 18), its first set of results after its…
Business
China Medical System H1 profit rises 3.4% to 941.2 million yuan; to pay interim dividend of S$0.028
China Medical System (CMS) posted a rise in first half profit and interim dividend on Monday (Aug 18), its first set of results after its…
Business
Stocks to watch: Yangzijiang Financial, Marco Polo Marine, China Medical Systems, Clearbridge Health
The following companies saw new developments that may affect trading of their securities on Tuesday (Aug 19): Yangzijiang Financial: The…
Business
Foxconn’s Apple era fades as AI servers drive growth in Taiwan tech sector
Taiwan’s Foxconn, which rose to become a global tech manufacturing juggernaut by assembling millions of iPhones, can now say its main…
Business
SoftBank to invest US$2 billion in Intel as part of US push
SoftBank Group agreed to buy US$2 billion in Intel stock, a move that extends its US investment effort and offers a vote of confidence in…
Business
SoftBank makes surprise US$2 billion bet on Intel’s AI revival
SoftBank Group agreed to buy US$2 billion of Intel stock, a surprise deal to shore up a struggling US name while boosting its own chip…
Business
Australian biotech giant CSL to spin off vaccine unit Seqirus, cut 15% of workforce
While the Melbourne-based company employs around 32,000 people, no firm number was put on the job cuts Australian biotech giant CSL said…
Business
Marco Polo Marine Q3 gross profit slides 4% to S$14 million
Integrated marine logistics company Marco Polo Marine posted a 4 per cent decline in gross profit to S$14 million for its third quarter…
Business
Marco Polo Marine Q3 gross profit slips 4% to S$14 million
Integrated marine logistics company Marco Polo Marine’s gross profit dipped 4 per cent to S$14 million for its third quarter ended Jun 30,…
Business
BHP posts smallest annual profit in five years on lower iron ore prices
BHP Group reported its smallest annual underlying profit in five years and its lowest dividend in eight years on Tuesday, but said demand…
News
Police arrest Palestinian West Bank resident for alleged ties to Iranian agent
The 24-year-old suspect was apprehended on August 6 during a joint operation by the Israel Police officers from the Etzion police station…
Business
Goldman Sachs targets richest families in Australia expansion
Goldman Sachs plans to expand its private wealth management team in Australia to capture a boom in self-made multi-millionaires and family…
Business
RBNZ seen resuming rate cuts as focus shifts to wilting economy
New Zealand’s central bank is expected to cut interest rates this week, resuming its easing cycle after a pause in July as the economy…
Business
Former Yangzijiang Financial CEO Vincent Toe’s ICH Group seeks to give Singapore’s small and mid-cap IPO market a leg up
Vincent Toe, the former chief executive of Yangzijiang Financial, understands the challenges that companies with small-to-mid market…
Business
Volkswagen Delivers 1.5 Millionth ID. EV as Global Sales Surge
Volkswagen Delivers 1.5 Millionth ID. EV as Global Sales Surge originally appeared on Autoblog. Volkswagen has officially delivered its…
Business
US: Stocks little changed as European leaders meet Trump
Wall Street’s major indexes were little changed on Monday as traders awaited the outcome of talks involving Ukraine’s Volodymyr Zelensky,…
News
Who Was Shelby Hurd? Burglar Shot Dead by Mom Protecting Her Child During Home Invasion Was Career Criminal
The burglar who was shot dead by a mother while she hid her baby in a closet during a home invasion turned out to be a repeat offender who…
Fashion
Handbags Take Center Stage in 'The Devil Wears Prada 2': A Sneak Peek at the Luxe Styles
If you purchase an independently reviewed product or service through a link on our website, WWD may receive an affiliate commission. From…
News
Over 350 Dead in Less Than a Week as Monsoon Flooding Continues to Ravage Communities: 'Everybody Is Scared'
NEED TO KNOW In the last four days, about 360 people have died across Pakistan from monsoon flooding, officials said "Everybody is…
News
Who Is Harjinder Singh? Illegal Immigrant Who Killed 3 in Florida Was Nearly Deported but Stayed Back After Saying He Was Afraid to Return to India
The illegal immigrant who allegedly killed three while making an illegal U-turn on a Florida highway has been identified as an Indian…
News
Indian National, 25, Nabbed for Shop Theft at Singapore's Changi Airport Within an Hour
A 25-year-old male Indian national was arrested for his suspected involvement in a case of shop theft committed in the transit area of…
Business
Vietnam Rolls Out Ambitious Infrastructure Plan for Economic Expansion
Vietnam has launched an ambitious plan for housing and infrastructure development, supported by investments equal to 10% of its GDP. This…