Business
Blackstone in talks to sell China logistics assets in divestment
BLACKSTONE is in advanced talks to sell three logistics projects in China to Ping An Insurance (Group), according to sources familiar with…
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Top Thai hospital operator hastens expansion on foreign demand
THAILAND’S biggest private hospital operator will add more new beds than previously planned on expectations that an ageing local…
Business
Bain Capital mulls US$10 billion sale of Rocket Software: sources
PRIVATE equity firm Bain Capital is weighing options, including a sale, for Rocket Software that could value the US automation software…
Business
Heavy selling wipes S$1.5 billion off Yangzijiang Shipbuilding’s value as its shares plummet 16%
Shares of Yangzijiang Shipbuilding dived around 16 per cent on Thursday (Feb 27) morning, a day after it posted earnings and in a week…
Business
Heavy selling wipes nearly a billion dollars off Yangzijiang Shipbuilding’s value as its shares plummet 9%
Shares of Yangzijiang Shipbuilding dropped as much as 16 per cent on Thursday (Feb 27), a day after it posted earnings and in a week when…
Business
Acrophyte Hospitality Trust’s H2 DPS falls 46.7% to US$0.01026
Revenue for the period declines 5.2% year on year to US$84.9 million from US$89.5 million previously ACROPHYTE Hospitality Trust’s…
Business
Nissan CEO Uchida’s future in focus as sources say management shake-up due soon
JAPAN’S Nissan will unveil a shake-up in its top ranks next month, three people familiar with the matter said on Thursday (Feb 27), adding…
Business
Stocks to watch: ST Engineering, CLI, Yangzijiang Shipbuilding, Sembcorp, Golden-Agri
THE following companies saw new developments that may affect trading of their securities on Friday (Feb 27). ST Engineering: The defence…
Business
Bitcoin ETFs are hit by a record US$1 billion outflow in one day
INVESTORS yanked more than US$1 billion from spot Bitcoin exchange-traded funds (ETFs) on Tuesday (Feb 25), marking the biggest one-day…
Business
ST Engineering H2 Profit Rises 19.6% To S$365.7 Million
ST ENGINEERING on Thursday (Feb 27) reported a net profit of S$365.7 million for the second half ended Dec 31, up 19.6 per cent from…
Celebrity
In French sex abuse trial, woman denies knowing about her ex-husband's history of child abuse
VANNES, France — The ex-wife of a former surgeon at the center of France’s largest ever child sexual abuse case told a court Wednesday she…
Business
China quant says funds must adopt AI to survive after DeepSeek
DEEPSEEK’S success is intensifying pressure on China’s quantitative hedge funds to embrace artificial intelligence (AI) or risk becoming…
Business
Urban Outfitter’s Nuuly Rental Business Stands Out Again With a 53% Jump in Subscribers
Urban Outfitters Inc. has stabilized its namesake brand in North America and compensated with growth in its other businesses, including…
Business
Nvidia’s solid earnings report falls short of blowout level
NVIDIA, the chipmaker at the centre of an artificial intelligence (AI) spending boom, gave solid quarterly results and a bullish revenue…
Business
How DeepL’s Language AI Is Improving Global Press Release Distribution
DeepL, the global language AI company, released its latest case study highlighting the successful deployment of its API solution by…
Business
Camilla Taps Rebecca Mansergh as Chief Executive Officer
Camilla, the Australian ready-to-wear and resort fashion brand, has named Rebecca Mansergh chief executive officer, following 12 months in…
Business
Even as MAS plans an SGX revival, privatisations still take place
Five privatisations have been announced so far this year, including Cuscaden Peak’s offer for Paragon Reit EVEN with moves to revitalise…
Lifestyle
Can You See the Dog? Puppy-Shaped Mountain Becomes Tourist Destination After Viral Photo
A mountain shaped like a puppy is causing a stir on social media after a visitor posted a photo of the striking Chinese landmark. Guo…
News
Hamas says it will release the bodies of four more Israeli hostages late Wednesday
JERUSALEM — Hamas will release the bodies of four more Israeli hostages on Wednesday night, a spokesperson for the militant group said…
Business
Ireit Global’s H2 DPU stays at 0.94 euro cent
IREIT Global posted a distribution per unit (DPU) of 0.94 euro cent for the second half of financial year 2024 ended December, unchanged…
News
A whale caught in fishing nets has been freed off Poland's Baltic coast
WARSAW, Poland (AP) — Teams of sea rescuers and wildlife experts on Wednesday successfully freed a whale that got caught in fishing nets…
News
Two new CDL directors will not exercise any powers until further notice from court: Kwek Leng Beng
THE two new directors appointed by CDL’s board have undertaken not to exercise any powers as directors until further notice, said CDL…
Business
GM to increase dividend by 25%, buy back another US$6 billion of shares
The US automaker expects EV operating losses will narrow this year by US$2 billion from undisclosed levels GENERAL Motors said on…
Business
Winky Lux Appoints Lauren Bloomer as CEO
Beauty brand Winky Lux has named Lauren Bloomer chief executive officer. Cofounder Natalie Mackey will continue to drive the brand’s…