Business
Income should put aside hunt for a strategic partner, and focus on an organic growth plan
It seems unlikely another suitor will be easily found – at least not without Income’s shareholders being prepared to accept a much lower…
Tag
Growth
Business
KGI starts Elite UK Reit at ‘outperform’ with £0.37 target on strong growth prospects
KGI Securities has initiated coverage on Elite UK Real Estate Investment Trust (Reit) with an “outperform” rating while highlighting it as…
Unsorted
How Digital Gift Cards Are Creating New Opportunities for Retail Growth
Introduction Digital gift cards have revolutionized the retail world, offering consumers unmatched convenience and businesses a powerful…
Business
Stability, rich talent pool in South-east Asia drive double-digit growth for Citi across inter-Asean trade corridors
Governments in the region are welcoming of supply chain shifts, says the bank’s co-head of corporate banking THE South-east Asia region is…
Business
Apple shares are on a tear despite sluggish growth, tariff risks
APPLE has the slowest revenue growth among Big Tech stocks and is facing tariff-related risks going into Donald Trump’s second term. None…
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Fortunes of Apac billionaires outstripped global wealth growth last decade: report
ASIA-Pacific’s (Apac) ultra wealthy had the fastest growing fortunes among billionaires across the globe over the last decade, a UBS…
Business
Bulgari CEO eyes India for growth as China luxury demand weakens
LVMH-owned jeweller Bulgari is looking to India to mitigate the effects of faltering luxury demand in China amid an economic slowdown.…
Business
FedEx throws weight behind freight to fire up Apac growth engine
Its three major hubs in Incheon, Tokyo and Singapore are full-sized warehouses capable of life science logistics to serve the biomedical…
Business
Netflix defeats shareholder lawsuit over growth forecasts
NETFLIX won the dismissal on Tuesday of a shareholder lawsuit accusing the streaming company of downplaying the impact on subscriber…
Business
Singapore stocks end Friday in the black as GDP growth exceeds expectations; STI up 0.2%
SINGAPORE stocks rose on Friday (Nov 22) as the Republic’s economy exceeded expectations for third-quarter growth, prompting the…
Business
Chinese healthcare businesses wade into South-east Asia for cost-efficiency, growth
Beijing-based healthcare private equity firm with US$3.4 billion AUM aims to set up a fund for Chinese companies expanding into region…
Business
China’s healthcare businesses wade into South-east Asia for cost-efficiency, growth
Beijing-based healthcare private equity firm with US$3.4 billion AUM aims to set up a fund for Chinese companies to expand into region…
Business
Maybank eyes Johor-Singapore SEZ for growth; targets 25% profit contribution from Singapore by 2027
The zone could generate a need for financing among companies – an area Maybank is eager to support THE upcoming Johor-Singapore Special…
News
Floods to shave 0.2 percentage points off Spain's growth
The October 29 floods washed away roads and rail lines, submerged fields and gutted homes and businesses (Jose Jordan) The floods which…
Business
S-Reits remain active in acquisitions and divestments as managers eye growth
SINGAPORE-LISTED real estate investment trusts (S-Reits) have been active in their portfolio management activities in the fourth quarter…
Business
China tells banks to cut interbank deposit rates to boost growth
CHINESE regulators told the nation’s banks to lower rates they paid to deposits from other financial institutions to free up funds to…
Business
Amazon reassures investors with cloud growth, cost-cutting
AMAZON.COM reported strong results that showed a company humming on all cylinders, a testament to its efforts to cut and reallocate costs…
Business
Brokers’ take: RHB raises Sheng Siong price target to S$2 on earnings growth momentum
RHB on Wednesday (Oct 30) raised its price target for Sheng Siong to S$2 from S$1.88 and kept its “buy” call on the counter. The new price…
Business
Companies must consider FX exposure risks when tapping South-east Asia’s rapid growth
FOR any company, the Asean economic bloc represents a business opportunity that cannot be ignored. The 10 countries that make up the…
Business
PayPal forecasts Q4 revenue below estimates as profit push puts growth behind
PAYPAL forecast fourth-quarter revenue below estimates on Tuesday (Oct 29) as the digital payments company shifts its focus to…
Business
United Hampshire US Reit eyes ‘opportunistic divestments’, accretive acquisitions in growth plans
The CEO of the trust’s manager of the Reit is confident of reaching the target of US$1 billion in assets under management by 2026 SINCE it…
Business
UPS sees profit growth for first time in nearly 2 years
United Parcel Service (UPS) returned to sales and profit growth for the first time in nearly two years as the company benefited from…
Business
ServiceNow sales growth fails to impress AI-hungry investors
SERVICENOW reported strong third-quarter sales and bookings, but failed to clear the lofty expectations of investors looking for a bigger…
Business
IBM posts soft revenue growth as consulting woes continue
INTERNATIONAL Business Machines (IBM) reported underwhelming sales as the company grapples with a slowdown in consulting demand. Sales…