Culture
IHH Healthcare’s Q3 net profit rises 15% to RM616 million
Revenue is up 16% at RM6.6 billion, on the back of strong performances from key markets Malaysia and India IHH Healthcare on Wednesday…
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Culture
Culture
China’s Didi Q3 revenue up 8.6% as costly overseas expansion accelerates
The company has accelerated overseas investment this year, notably expanding food delivery to additional cities Didi Global reported an…
Culture
Singapore stocks track Wall Street gains; STI up 0.4%
Across the broader market, gainers outnumber losers 280 to 258, after 1.3 billion securities worth S$1.3 billion change hands Singapore…
Culture
McKinsey cuts about 200 tech jobs, shifts more roles to AI
The company is not ruling out additional reductions across different functions over the next two years McKinsey & Co cut about 200 global…
Culture
MOH orders Cordlife to stop collecting new cord blood in fresh blow to company
Embattled cord-blood bank Cordlife received a notice from the Ministry of Health (MOH) to stop collecting, testing, processing and/or…
Culture
MOH orders Cordlife to stop collecting cord blood; company calls for trading halt
Embattled cord-blood bank Cordlife received a notice from the Ministry of Health (MOH) to stop collecting, testing, processing and/or…
Culture
Citigroup hires Nomura, Wells Fargo traders in foreign-exchange business push across Asia
Citigroup has hired seven personnel, including former traders from Nomura International and Wells Fargo, to boost its foreign-exchange…
Culture
Hiew Yoon Khong's exit: help list Mapletree or merge it with CapitaLand
Lay the foundations for Mapletree’s next chapter and let retail investors own equity in it HIEW Yoon Khong has been group chief executive…
Culture
SoftBank’s 40% slide since October underscores mounting worry over its giant OpenAI bet
Japanese tech investor leads AI selloff amid concerns over new pressure on OpenAI after Gemini 3.0 debut Growing unease over frothy…
Culture
Japan's Nikkei surges after Wall Street's gains
Japan’s Nikkei share average surged on Wednesday (Nov 26), with tech stocks leading the charge in a broad-based rally after Wall Street…
Culture
China likely to bid on building new Panama Canal ports
The Panama Canal Authority plans to award contracts for the two terminals in late 2026 and begin operations in 2029 China is among parties…
Culture
China buys at least 10 US soybean cargoes in new deals after Trump-Xi call: sources
China bought at least 10 cargoes of US soybeans worth around US$300 million in contracts signed since Tuesday, two traders with knowledge…
Culture
RHB initiates coverage on Keppel Infrastructure Trust with ‘buy’ call
The analyst sets a target price of S$0.55 and says the trust should have a ‘modestly growing’ distribution profile RHB on Wednesday (Nov…
Culture
Brookfield builds decarbonisation platform with maiden renewable investments in the Philippines, Thailand and Vietnam
The global investment firm aims to catalyse platforms that deliver reliable, low-carbon energy Brookfield Asset Management has made its…
Culture
Gold drifts higher on US rate cut expectations
Markets are pricing in an 84% chance of a Fed rate cut next month, compared to 50% last week, according to CME Group data Gold prices…
Culture
Brookfield, GIC to weigh buyout of National Storage Reit: sources
The volume of mergers and acquisitions involving Australian companies as either targets or sellers has fallen to around US$70 billion this…
Culture
Australia’s Optus suffers emergency call outage
Australian telco Optus said on Wednesday it had suffered an emergency call outage near Melbourne impacting around 14,000 users, two months…
Culture
Apple set to become world’s top phone maker, overtaking Samsung
The upcoming 2026 debut of a foldable iPhone and a budget-friendly iPhone 17e will both help sales Apple will retake its crown as the…
Culture
US: Wall Street ends higher as Federal Reserve rate cut bets gather momentum
Wall Street extended its rally on Tuesday as a spate of economic data appeared to support the case for the US Federal Reserve to implement…
Culture
Coliwoo reports 75.1 per cent fall in H2 net profit to S$5.7 million
Co-living operator Coliwoo reported a net profit of S$5.7 million in the second half ended Sep 30, a 75.1 per cent drop from S$22.9…
Culture
Coliwoo reports 75.1% fall in H2 net profit to S$5.7 million
Co-living operator Coliwoo reported a net profit of S$5.7 million for the second half ended Sep 30, a 75.1 per cent drop from S$22.9…
Culture
US stocks opens mixed as investors assess data, Alphabet shines
Wall Street’s main indexes were mixed at the open on Tuesday (Nov 25) as investors took stock of a series of delayed economic data to…
Culture
ThaiBev’s full-year net profit falls 6.8% to 25.4 billion baht
Thai Beverage posted a 6.8 per cent drop in net profit to 25.4 billion baht (S$1.02 billion) for the full year ended Sep 30, 2025, from…
Culture
Nvidia-Google AI chip rivalry escalates on report of Meta talks; Nvidia shares drop 6%
Meta Platforms is in talks to spend billions on Google’s AI chips, The Information reported, adding to a months-long share rally as the…