Culture
HP’s profit forecast suggests it can withstand tariff hit
HP gave a profit outlook for the current quarter that may beat expectations, showing firming demand for computers and interest in new…
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Culture
Culture
CapitaLand Commercial C-Reit receives approval to list on Shanghai Stock Exchange
The listing is expected by Q4 and will raise about 2.1 billion yuan through the issuance of 400 million units CapitaLand Commercial C-Reit…
Culture
TikTok owner ByteDance sets valuation at over US$330 billion as revenue grows: sources
ByteDance, the owner of short-video app TikTok, is set to launch a new employee share buyback that will value the Chinese technology giant…
Culture
US: Wall St opens muted in countdown to Nvidia earnings
Wall Street’s main indexes opened flat on Wednesday (Aug 27) as investors awaited AI leader Nvidia’s results, which are expected to test…
Culture
CapitaLand Ascott Trust acquires three rental housing properties in Japan for 4 billion yen
CapitaLand Ascott Trust (Clas) has acquired three rental housing properties in Japan for a total of 4 billion yen, said managers of the…
Culture
Taiwan charges three with stealing TSMC 2nm secrets for Tokyo Electron
Taiwanese prosecutors on Wednesday (Aug 27) charged three people with stealing trade secrets relating to TSMC’s most advanced 2-nanometre…
Culture
Tan Chong reverses from loss to HK$11.7 million profit in H1
Automotive group Tan Chong International posted a net profit of HK$11.7 million (S$1.9 million) for the first half ended Jun 30, reversing…
Culture
Profit dives at China’s top food delivery firm Meituan amid intense competition
China’s leading food delivery group Meituan, reported on Wednesday (Aug 27) a fall of 89 per cent in second-quarter adjusted net profit as…
Culture
Microsoft, Rolls-Royce Power Systems push treated vegetable oils to green Singapore’s data centres
Microsoft and Rolls-Royce Power Systems are pushing for the adoption of hydrotreated vegetable oil (HVO) as a sustainable backup fuel for…
Culture
Singapore shares end flat amid Fed pressure and ahead of Nvidia earnings release
Local stocks ended Wednesday (Aug 27) unchanged while regional markets closed mixed, as investors weighed political pressure on the…
Culture
Russians hoard record US$500 billion in banks lured by high rates
Russian households have amassed a record amount of bank deposits as they take advantage of historically high interest rates for savings…
Culture
Hong Kong’s key rate climbs above 3% to pose risks for economy
If the gauge sustains above that level, it could have a negative impact on the economy Liquidity conditions in Hong Kong resumed…
Culture
Cambricon briefly overtakes Moutai as China’s priciest stock
A leading Chinese chipmaker briefly replaced a top liquor giant as the country’s most expensive onshore stock, as investors doubled down…
Culture
China tech giant JD.com unit, two other firms plan US$1 billion Singapore Reit
[SINGAPORE/HONG KONG] The property investment arm of Chinese e-commerce giant JD.com and two other firms plan to launch a Singapore-based…
Culture
Lego bets on Asia as sales hit record and market share climbs
After posting record half-year sales figures on Wednesday (Aug 27), Lego said it would sustain its momentum by doubling down on the market…
Culture
From vultures to defenders, Japan private equity deals head for record year
Take-private deals in Japan are likely to hit a record high this year, exceeding the US$40.3 billion total racked up in 2023, according to…
Culture
FWD expands headquarters in biggest 2025 Hong Kong office lease
Insurance companies are the most willing to upsize their office space in the city Richard Li’s FWD Group Holdings signed a decade-long…
Culture
China’s Ping An Insurance eyes more investment in high-yield, high-tech stocks, CEO says
China’s Ping An Insurance plans to further invest in shares to boost its portfolio return while staying cautious about Chinese economic…
Culture
An 83-year-old pizza mogul returns to save 3,500 Domino’s
Billionaire Jack Cowin built a fast-food empire by bringing fried chicken to 1960s Australia. Now, at 83, he’s back to attempt a…
Culture
China’s soy crushers may be facing a winter without US beans
Just days before the start of the US export season for soybeans, the world’s top importer does not appear to have bought a single American…
Culture
Gold edges lower as US dollar firms, but Fed turmoil limits losses
Gold prices edged lower on Wednesday (Aug 27), pressured by an uptick in the US dollar, although renewed concerns over the US central…
Culture
Cracker Barrel sticks to old logo after social media backlash
Cracker Barrel said on Tuesday that it will stick with its decades-old logo, scrapping plans for a new one following social media…
Culture
Stocks to watch: Prudential, OCBC, Keppel, Seatrium, SingPost, CICT, Wing Tai
The following companies saw new developments that may affect trading of their securities on Wednesday (Aug 27): Prudential: Its new…
Culture
Australia housing dysfunction mirrored in central bank’s blowout rebuild
When Australia’s central bank resolved to refurbish its 1960s-era Sydney headquarters in 2018, it hardly expected the project would fall…