Culture
Infineon more positive on revenue outlook after Q1 stronger than expected
It expects revenue for the fiscal year until end-September 2025 to be flat to slightly up compared with the prior year German chipmaker…
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Culture
Culture
UBS quarterly profit smashes expectations, US$3 billion buyback unveiled
UBS Group, Switzerland’s largest bank, on Tuesday (Feb 4) posted net income of US$770 million for the fourth quarter of 2024, trouncing…
Culture
UBS trounces profit forecasts, US$3 billion share buyback conditional on capital rules
UBS Group on Tuesday (Feb 4) posted fourth-quarter profit that beat forecasts by a wide margin and said it would buy back up to US$3…
Culture
AI and more: These tech firms top the list of Singapore’s 100 fastest-growing companies
A good variety of sectors are in a list of 100 fastest-growing companies based in in Singapore, going by a study done by The Straits Times…
Culture
Indonesian fund, Mitsui vie for US$300 million stake in toll operator RKE: sources
INDONESIA’S sovereign wealth fund, Indonesia Investment Authority (INA), and Japan’s Mitsui are among prospective buyers of CVC Capital…
Culture
BNP expands Australia presence by hiring banker for leverage finance market
BNP Paribas has hired a senior leveraged finance banker in Sydney as the French bank expands its presence in one of Asia Pacific’s busiest…
Culture
Gold holds steady near all-time high amid US tariff concerns
GOLD prices on Tuesday (Feb 4) hovered near a record high scaled in the prior session, as investors fretted that US President Donald…
Culture
Singapore bucks regional showing as Trump defers tariffs on neighbours; STI slips 0.1%
SINGAPORE blue chips failed to sustain the momentum at market open on Tuesday (Feb 4) with the benchmark index Straits Times Index (STI)…
Culture
Singapore finds its seat at the China+1 table
FOR multinationals looking to reduce their reliance on China, the top alternative locations in Asia so far have been Vietnam and…
Culture
Keppel Pacific Oak US Reit posts 8.8% fall in distributable income to US$23.8 million for H2
THE manager of Keppel Pacific Oak US Reit (Kore) on Tuesday (Feb 4) posted an 8.8 per cent fall in distributable income to US$23.8 million…
Culture
Keppel Infrastructure Trust posts 54.2% lower H2 DPU of S$0.0195
KEPPEL Infrastructure Trust (KIT) on Tuesday (Feb 4) posted a 54.2 per cent lower distribution per unit (DPU) of S$0.0195 for the second…
Culture
MUFG looks beyond record profits to win global investors
AS JAPAN’S biggest bank heads for record profit that surpasses even its own projections, one thing is on the mind of its chief financial…
Culture
Apple blasts EU app laws after first porn app comes to iPhones
From the beginning of the App Store in 2008, Apple executives have banned porn from its platform APPLE lambasted the EU’s Digital Markets…
Culture
Five key themes shaping Singapore’s economic outlook in 2025
SINGAPORE’S economy is poised to remain dynamic in 2025, navigating through challenges such as geopolitical tensions and economic…
Culture
Opec+ rolls over oil policy, ditches US government data
OPEC+ agreed to stick to its policy of gradually raising oil output from April on Monday (Feb 3) and removed the US government’s Energy…
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China Evergrande’s EV unit says struggling to attract investors amid liquidity crisis
CHINA Evergrande New Energy Vehicle said on Monday (Feb 3) it is struggling to attract strategic investors amid a severe liquidity crisis,…
Culture
Trump’s meme coin made nearly US$100 million in trading fees, as small traders lost money
ENTITIES behind President Donald Trump’s crypto coin have accumulated close to US$100 million in trading fees in less than two weeks,…
Culture
Gordon Tang and wife extend closing date of cash offer for Suntec Reit to Feb 7
THE closing date of the mandatory conditional cash offer made by property tycoon Gordon Tang and his wife Celine to acquire all units of…
Culture
January Instagram Recap - Fashion Jackson
Keeping up with Instagram is hard, I get it. Unless you have notifications turned on for when I post, it’s easy to miss what I share.…
Culture
Julius Baer announces 400 job cuts, executive board revamp
JULIUS Baer Group’s new chief executive officer Stefan Bollinger announced a radical revamp of the bank’s leadership and a cost-cutting…
Culture
SingPost Singapore CEO Shahrin Abdol Salam resigns; COO Neo Su Yin to assume additional responsibility
SINGAPORE Post’s (SingPost) local operations chief executive Shahrin Abdol Salam has resigned. He left the national postal service…
Culture
Bank of Japan debated weak-yen risk, scope for more rate hikes at January meeting, summary shows
BANK of Japan (BOJ) policymakers discussed the likelihood of raising interest rates further with some warning of upside inflation risks…
Culture
Asean’s data centre gold rush to get a boost from DeepSeek’s AI leap: Maybank
DEMAND for Asean data centres is likely to remain resilient as Chinese artificial intelligence (AI) company DeepSeek is set to disrupt the…
Culture
Taiwan leads Asia-wide stock tumble as Trump wields tariff weapon; STI sheds 1.5% before recovering
ASIAN markets fell at the open on Monday (Feb 3) after US President Donald Trump announced tariffs on goods from China, Canada and Mexico…