Business
The Hour Glass posts 20% fall in earnings for H1 2025 to S$61.4 million
THE Hour Glass posted a 20 per cent fall in H1 FY2025 ended Sept 30 earnings to S$61.4 million from S$77 million the year before. In a…
Kim Browne
As an editor at GQ British, I specialize in exploring Lifestyle success stories. My passion lies in delivering impactful content that resonates with readers and sparks meaningful conversations.
Business
Investors yank cash from China ETFs following Trump victory
MONEY managers pulled cash from exchange-traded funds that buy Chinese stocks last week as Donald Trump’s election victory stoked the risk…
Business
Infineon forecasts sales decline on sluggish car chip demand
INFINEON Technologies forecast revenue will decline in the 2025 fiscal year, missing analyst estimates, in a sign that demand from…
Business
Singapore fund inflows surge to record high of S$3.1 billion in Q3: Morningstar
FLOWS into Singapore-registered funds hit a record S$3.1 billion in the third quarter, up from S$1.8 billion in the quarter before – as…
Business
AstraZeneca lifts 2024 revenue and profit forecast after Q3 beat
DRUGMAKER AstraZeneca lifted its annual sales and profit forecast for the second time in less than four months on Tuesday (Nov 12), helped…
Business
Alibaba, JD tout Singles Day highs even as China’s economy sags
CHINA’S biggest e-commerce platforms issued a welter of numbers showing robust growth during the country’s biggest online shopping event…
Business
SoftBank books 1.18 trillion yen quarterly gain as Vision Fund finds its feet again
JAPAN’S SoftBank Group swung to a 1.18 trillion yen (S$8.7 billion) net profit in the three months to September, as the tech giant…
Culture
Comac says Air China is the first customer for C929 widebody jet
Comac said on Tuesday (Nov 12) that Air China was the first customer for the Chinese planemaker’s C929 widebody aircraft under development…
Business
Baht lags behind peers on concerns over central bank autonomy
THAILAND’S currency fell by the most among Asian peers on investor concerns that the independence of the nation’s central bank is being…
Business
Baidu bolsters AI lineup with text-to-image generator, no-code app builder
CHINA’S Baidu unveiled a slew of new applications for its artificial intelligence (AI) technology on Tuesday (Nov 12), including a…
Business
Investing in markets is best way to fight inflation, says new Saxo Singapore CEO
SAXO, a global investing and trading firm, has appointed Mahesh Sethuraman as Singapore CEO to take the helm of its operations here.…
Business
Gold hovers near one-month low ahead of US data, Fed speakers
Gold hovered near a one-month low on Tuesday (Nov 12) as investors looked forward to US economic data and comments from Federal Reserve…
Business
Singapore shares retreat at Tuesday’s open; STI down 0.2%
SINGAPORE stocks started trading in negative territory on Tuesday (Nov 12) morning, despite global markets logging overnight gains. As at…
Business
Grab reports Q3 profit of US$15 million, raises 2024 revenue forecast
Group-adjusted Ebitda is US$90 million for the quarter, an improvement of 224% year on year Grab on Tuesday (Nov 12) reported…
Business
Singapore High Court orders winding-up of embattled Qoo10; liquidators appointed
THE Singapore High Court on Nov 11 ordered beleaguered online marketplace Qoo10 to be wound up and for liquidators from AAG Corporate…
Business
Stocks to watch: CICT, FHT, Riverstone, Food Empire, Lendlease Global Reit
THE following companies saw new developments that may affect trading of their securities on Tuesday (Nov 12): Source link
Business
Bankers see Asia deal drought easing as Hong Kong IPOs pick up
AFTER a lean couple of years, bankers in Asia are seeing signs of a recovery in initial public offerings (IPOs). The number of Chinese…
Business
Nestle, P&G investigate palm oil sourcing after green group’s Indonesia deforestation report
CONSUMER brands including Nestle and Procter & Gamble (P&G) said they conducted investigations after an environmental group said palm oil…
Business
US opens probe into 1.4 million Honda vehicles over engine issues
THE National Highway Traffic Safety Administration (NHTSA) said on Monday (Nov 11) that it is opening a probe into 1.4 million Honda…
Business
Lui Che Woo, casino tycoon who hit jackpot in Macau, dies at 95
LUI Che Woo, the Hong Kong tycoon whose fortune grew alongside neighbouring Macau’s casino industry, has died. He was 95. He died on Nov…
Business
Riverstone Q3 earnings rise 21.8% to RM72.2 million
Glovemaker’s revenue for the period also up by 33.9%, driven by increased production volume and higher average selling prices GLOVEMAKER…
News
China’s October new lending tumbles more than expected despite policy support
NEW bank lending in China tumbled more than expected to a three-month low in October, as a ramp-up of policy stimulus to buttress a…
Business
Chip equipment maker ASMPT ends takeover talks with potential suitor
HONG Kong-listed ASMPT, a global provider of technology and equipment used in the manufacture of chips, said on Monday (Nov 11) it has…
Business
Avarga receives S$0.25 per share offer from its executive chairman
Tong Kooi Ong intends to carry on the existing business of the company, but may consider other opportunities that may come up PAPER…