Business
Suntec Reit posts 3.4% rise in Q1 DPU to S$0.01563
Suntec Real Estate Investment Trust’s (Reit) distribution per unit (DPU) rose by 3.4 per cent to 1.563 Singapore cents for its first…
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Business
Business
Tim Walz Celebrating Tesla’s Falling Stock Price Raises Deeper Questions About State Pensions
Walz is chairman of Minnesota’s state investment board, but he seems worryingly clueless about how funds are invested. Source link
Business
Sats appoints new group CFO as part of leadership renewal
In-flight caterer and ground handler Sats said on Thursday (Apr 24) that it has appointed a new chief financial officer as part of its…
Business
OUE Reit posts 11.9% fall in Q1 revenue to S$66 million
OUE Reit’s revenue fell 11.9 per cent to S$66 million for its first quarter ended Mar 31, from S$74.9 million in the year-ago quarter.…
Business
CapitaLand India Trust Q1 total property income up 14% at 4.7 billion rupees
This is due to higher rental income from existing properties and income contributions from the acquisitions it made in 2024, says manager…
Business
Nestle sales rise on price hikes for coffee, cocoa products
Nestle’s sales rose as the maker of Nespresso and KitKat candy bars increased prices to counter soaring costs for coffee and cocoa.…
Business
Toyota inks deal for wholly owned Lexus factory in Shanghai
Toyota Motor is set to become only the second carmaker after Tesla to operate a wholly owned factory in China after it formally agreed…
Business
Singapore stocks end flat on Thursday; markets across Asia end mixed
Local stocks ended Thursday (Apr 24) muted, following a mixed performance in other Asian markets after China signalled its openness to…
Business
IQM to install Poland’s first superconducting quantum computer
Poland is set to power up its first full-stack quantum computer this year, following a deal with Helsinki-based startup IQM. IQM, Europe’s…
Business
Huawei raises record 20 billion yuan in Chinese debt issuance spree
The parent of Huawei Technologies is tapping low borrowing costs in China’s credit market to raise a record amount of debt, as trade…
Business
China’s central bank chief warns trade frictions threaten trust in world economy
Pan joins annual meetings of IMF, World Bank talks in Washington with US, EU and G20 members China’s central bank chief Pan Gongsheng…
Business
This VC-backed network is on a mission to tackle the well-being crises with tech
Last year, NN Group and Rubio Impact Ventures launched the NN Social Innovation Startup Award providing grants and mentoring to startups…
Business
Kering Shares Fall 6% After Weak Q1 Results
Shares in Kering slumped as much as 6 percent in early trading Thursday on the Paris bourse as investors digested its 14 percent decline…
Business
BNP looks past tariff slowdown fears after investment bank boost in Q1
FRANCE’S BNP Paribas reported first-quarter earnings in line with expectations thanks to rising sales at its investment bank, and stuck…
Business
Mytheresa Finalizes Yoox Net-a-Porter Acquisition, Will Begin Trading as ‘LUXE’ on May 1
LONDON – Mytheresa has finalized its deal to acquire Yoox Net-a-Porter, creating an online mega-group with the aim of becoming 4 billion…
Business
Edoardo Bussi Launches Production and Sales Company Twenty-Nine Palms Entertainment (EXCLUSIVE)
Former Amazon MGM Studios and GFM Films exec Edoardo Bussi has launched international production and sales company Twenty-Nine Palms…
Business
Cars didn’t arrive after months – so Singapore dealer for China EV brand Neta closed: sources
The abrupt closure of Evology Automobile – the dealer/distributor for China automotive brand Neta – earlier this month happened because…
Business
Ofcom announces new rules for tech firms to protect children online
Social media platforms and websites will be legally required to protect children from accessing harmful content online or risk facing…
Business
Nokia posts quarterly profit miss, flags disruption from Trump's tariffs
Comparable operating profit fell to 156 million euros (S$232.7 million) in the first quarter of 2025 Nokia reported first-quarter profit…
Business
Revolut Singapore in the black, targets South-east Asia
Neobank Revolut announced that its Singapore operations turned profitable, amid a continuing streak in the black for the wider company in…
Business
European climate tech funding sunk to five-year low in Q1 — here’s why
Europe’s climate tech startups raised $2.3bn (€2bn) in the first quarter of this year — the lowest total since Q3 2020, according to…
Business
Vietnam Airlines signs funding deal with Vietcombank for 50 narrow-body planes
Flag-carrier Vietnam Airlines said on Thursday (Apr 24) it had signed a memorandum of understanding with the country’s top lender…
Business
Asia: Markets mostly up as Trump soothes Fed fears
Asian markets were mixed on Thursday (Apr 24) after US President Donald Trump said he had “no intention” of firing the US central bank…
Business
Vietnam’s VinFast to open India factory on Jun 30, Indonesia plant in October
The strategy shift follows the delayed the opening of a factory in North Carolina by three years to 2028 Vietnamese electric vehicle maker…