Culture
China bubble tea maker Guming raises US$232 million in IPO, term sheet shows
CHINESE bubble tea firm Guming has raised US$232 million in a Hong Kong initial public offering (IPO) after setting the price of its…
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Culture
Culture
Nippon Steel slumps after Trump suggests US Steel investment
NIPPON Steel slumped the most in four months after a closely watched summit between US President Donald Trump and Japanese Prime Minster…
Culture
DeepSeek sparks hope for renaissance in China’s tech megacaps
THE rise of Chinese artificial intelligence (AI) startup DeepSeek is forcing investors to re-evaluate the nation’s leading Internet…
Culture
Singapore’s STI breaks through to a new record as banks hit fresh highs
SINGAPORE’S Straits Times Index (STI) has broken through to a new record high on Monday (Feb 10). The index traded as high as 3,912.38…
Culture
Gold hovers near all-time highs as Trump’s tariff threats lift safe-haven demand
GOLD prices firmed on Monday (Feb 10), and hovered near a record high hit in the previous session, as investors sought refuge in the…
Culture
DBS announces capital return dividend; to pay S$1,000 bonus to all staff except senior managers
Its full-year net profit is at a new record high of S$11.29 billion, up 12% from the year-ago period DBS has set aside S$32 million to be…
Culture
Honda, Nissan results will highlight flaws as deal set to fail
THE likely fallout of Honda Motor’s short-lived alliance with Nissan Motor spells trouble for both companies, but probably one more than…
Culture
Stocks to watch: DBS, Suntec Reit, Frasers Property, Hutchison Port, Zheneng Jinjiang, Creative Tech
THE following companies saw new developments that may affect trading of their securities on Monday (Feb 10). DBS: The lender posted net…
Culture
Ringgit outperformance at risk on growing US-China trade tension
THE ringgit’s outperformance over the past year is set to be tested as the growth outlook of Malaysia’s largest trading partner further…
Culture
DBS posts 11% rise in Q4 profit to S$2.52 billion; full-year earnings hit record S$11.29 billion
The lender proposed a final dividend of S$0.60 Singapore cents per share for the fourth quarter DBS posted net profit for the fourth…
Culture
ThaiBev to still dominate domestic alcohol market: analysts
High barriers to entry for small producers and entrepreneurs abound, including time needed to build up networks, maintain quality control…
Culture
Record growth of single family offices may be over but new entrants likely to be wealthier
Some observers say number may even decline on stricter requirements, rising competition SINGAPORE may see a slowdown in the growth of the…
Culture
Sony to offer PlayStation Plus users five-day extension after global outage
SONY said on Sunday (Feb 9) that all PlayStation Plus members would automatically receive an additional five days of service, after a…
Culture
Hutchison Port Holding Trust H2 DPU falls 6.5% to HK$0.072
Lower full-year distribution per unit at HK$0.122 comes despite FY2024 revenue and other income increasing 8.8% to HK$11.6 billion…
Culture
Zheneng Jinjiang Environment guides for ‘significant increase’ in comprehensive income for H2
Anticipated rise attributed mainly to the absence of significant impairment losses that were recorded as at Dec 31, 2023 WASTE treatment…
Culture
Amazon cuts reference to diversity from annual report; Accenture scraps DEI goals
AMAZON.COM removed a reference to “inclusion and diversity” in its annual report filed on Thursday (Feb 6), after it told employees in a…
Culture
Directors raise interests in S-Reit & property trust sector
OVER the five trading sessions from Jan 31 to Feb 6, institutions were net sellers of Singapore stocks, leading to net institutional…
Culture
Directors raise interests in S-Reit and property trust sector
OVER the five trading sessions from Jan 31 to Feb 6, institutions were net sellers of Singapore stocks, leading to net institutional…
Culture
Occupancy remains high for S-Reits’ Singapore retail assets
REAL estate investment trusts with retail assets in Singapore (S-Reits) continued to post strong committed occupancy and positive rental…
Culture
Hedge funds boost bearish oil bets as trade war threatens demand
Hedge funds increased bearish bets against oil by the most in three months on the prospect that duelling tariffs between the US and China…
Culture
Boeing warns moon rocket programme employees of layoffs
Boeing warned on Saturday (Feb 8) of layoffs in its Space Launch System moon rocket programme, saying it expects to have about 400 fewer…
Culture
Airbus and Boeing eye India’s ‘soaring skies’
Air traffic is booming in India, even though only a tiny fraction of its people fly each year, and manufacturers are seeking lucrative…
Culture
'Love Hurts' Bombs As Domestic Box Office Gets Super Bowled Over
The domestic box office is bracing for impact this Super Bowl weekend, with the holdover animated film Dog Man poised to retain its crown…
Culture
Oil prices set for third straight weekly fall on tariff concerns
Oil prices finished with daily gains on Friday (Feb 7) after new sanctions were imposed on Iran’s crude exports, but prices were down for…