Business
OCBC initiates coverage on Info-Tech Systems with ‘buy’ call amid favourable growth trends
OCBC Investment Research has initiated coverage on Info-Tech Systems with a “buy” call, on account of favourable secular growth trends…
Tag
Growth
Business
Chinese banks face profit squeeze as loan growth falters
Top Chinese banks’ first-half results on Friday (Aug 29) will underline the impact of slowing loan growth in a deflationary economy, a…
Business
GuocoLand’s H2 net profit falls 48% as China losses offset Singapore growth
Property developer GuocoLand posted a 48 per cent drop in net profit to S$32.4 million for its half year ended Jun 30, from S$62.4 million…
Business
Nvidia forecast shows decelerating growth after two-year boom
Nvidia, the world’s most valuable publicly traded company, gave a tepid revenue forecast for the current period, signalling that growth is…
Business
Prudential H1 new business profit rises 12% to US$1.26 billion; Singapore second-largest contributor to growth
Prudential on Wednesday (Aug 27) announced that its new business profit – a measure of profitability for insurance businesses – rose to…
Unsorted
Why Embracing Constant Growth Is My Key to Happiness
I’ve come to realize that stagnation is my worst enemy. The thought of looking up two or three years from now and seeing that I’ve been…
Business
LinkedIn deepens video ad push, taps more publishers and creators to spur growth
LINKEDIN is expanding its video advertising programme, adding new publishers and creator-led shows to draw marketing dollars. The…
Business
India central bank chief says RBI hasn’t ‘lost sight’ of growth
India’s central bank has not “lost sight” of its growth objective, even as price stability remains its primary mandate, governor Sanjay…
Business
Analysts downgrade SingPost on lack of clarity on strategy and growth post-Australia divestment
OCBC Investment Research and Maybank Securities analysts have downgraded their calls on local postal service provider Singapore Post…
Business
Sats rises 5.7% to three-week high on Q1 profit growth
Shares of ground handler and inflight caterer Sats climbed in early trade on Thursday (Aug 21), a day after the group posted higher…
Business
Sats rises 2.5% on Q1 profit growth
Shares of ground handler and in-flight caterer Sats advanced on Thursday (Aug 21), a day after the group posted higher first-quarter…
Business
Global beauty firms look to carve up Indian market as ‘last bastion’ of growth
From Japan’s Shiseido to France’s L’Oreal, global cosmetics giants are doubling down on India, betting on the world’s most populous nation…
Business
BHP banks on China export resilience and India growth for demand
China’s export resilience and policy support, together with strong growth in India, will underpin future commodity demand despite an…
Business
Surgical platform UltraGreen targets Asia for growth
Medical procedures can be risky. One company is providing data that could help reduce complications from surgery. Now, with Singapore in…
Business
OpenAI rolls out cheapest ChatGPT plan at 399 rupees in India to chase growth
GPT maker OpenAI on Tuesday launched ChatGPT Go, a new India-only subscription plan priced at 399 rupees (S$5.90) per month, its most…
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
A2 Milk to buy New Zealand formula plant to target China growth
The company forecasts high single-digit per cent increase in revenue in the 2026 full year A2 Milk has agreed to buy a New Zealand infant…
Business
PBOC to boost financing support for tech, consumption growth
China’s central bank pledged to strengthen financial support to key areas including tech and consumption, as it moves further away from…
Business
Nubank sees more credit growth as quality gauges hold up
Nu Holdings, Latin America’s biggest digital bank, reported a decline in credit quality that was roughly in line with analysts’…
Business
Lenovo’s profit beats estimates with PC growth and AI demand
US President Donald Trump has announced tariffs on imports from some trading partners and declared plans for a 100% levy on chips, raising…
Business
CSE Global H1 earnings up 8.5% to S$16.3 million, boosted by growth of communications business
Technology solutions provider CSE Global reported a profit of S$16.3 million for the first half of FY2025, up 8.5 per cent from the…
Business
Thailand’s central bank cuts rates to lowest in two years to support growth
Thailand’s central bank lowered its policy rate by a quarter point on Wednesday (Aug 13), its fourth cut in 10 months, to support a…
Business
Electric vehicle sales growth eases to 21% in July: research firm
GLOBAL electric vehicle sales grew 21 per cent year-on-year in July, the slowest rate since January and down from 25 per cent in June, as…
Business
Goldman favours Asian high-grade debt again as growth risks rise
Asia investment-grade credit spreads widened by nearly six basis points on Aug 1, the most in four months, after the weaker-than-expected…