Business
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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Business
Business
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…
Business
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…
Business
Singapore’s STI breaks through to a new record as banks hit fresh highs
The three banks, which contribute to about half of the STI, have hit highs multiple times in the past year SINGAPORE’s Straits Times Index…
Business
DBS announces capital return dividend; to pay S$1,000 bonus to all staff except senior managers
DBS has set aside S$32 million to be issued as special one-time bonus of S$1,000 to all staff except senior managers, it said on Monday…
Business
Super Bowl: Taylor Swift, Jay-Z and Donald Trump among stars in New Orleans
52 minutes ago Thomas Mackintosh BBC News, London One of the biggest sporting events in the world is under way in New Orleans as the…
Business
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…
Business
DBS crosses S$46 for first time to hit new high on strong results and capital return dividend plan
SHARES of DBS rose to a historic level after it announced a capital return dividend of S$0.15 per share per quarter to be paid out over…
Business
DBS crosses S$46 for first time on strong results, capital return dividend plan
SHARES of DBS rose to a historic level after it announced an additional dividend payout for FY2025 on top of its regular dividends,…
Business
DBS shares vault past S$46 in intraday trading on strong results, capital return dividend plan
SHARES of DBS rose to a historic level after it announced an additional dividend payout for FY2025 on top of its regular dividends,…
Business
'Park House School in Grimsby has turned our lives around'
Park House in Grimsby teaches some of the area's most disruptive students. It's known as the "naughty school" because the majority of its…
Business
Singapore shares rise at Monday’s open; STI up 1.3%
SINGAPORE shares began Monday (Feb 10) trading in positive territory as markets abroad closed lower on Friday as trade war worries…
Business
Singapore shares rise, with DBS driving gains; STI up 0.4%
SINGAPORE stocks closed higher on Monday (Feb 10) as investors cheered another round of record-breaking earnings reported by DBS, the…
Business
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…
Business
Brookfield to spend 20 billion euros on France’s AI infrastructure
BROOKFIELD Asset Management plans to invest 20 billion euros (S$28 billion) to develop data centres and artificial intelligence (AI)…
Business
Elite UK Reit posts 5.8% rise in H2 DPU to 1.47 pence
THE manager of Elite UK Reit on Monday (Feb 10) posted a distribution per unit (DPU) of 1.47 pence for the second half (H2)ended Dec 31,…
Business
Australia’s Star Entertainment rises on bids for its Brisbane joint venture
Destination Brisbane Consortium is a joint venture between Star Entertainment and its Hong Kong partners, Chow Tai Fook Enterprises and…
Business
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…
Business
Pimco seeks to grow 60/40 fund to US$2 billion on Asia expansion
Pimco has been expanding its distribution in Asia, as it lures more investors seeking to tap investment strategies of global funds PACIFIC…
Business
DBS posts 11% rise in Q4 profit to S$2.52 billion; full-year earnings hit record S$11.29 billion
DBS posted net profit for the fourth quarter that was 11 per cent higher compared with the year-ago period, but fell slightly short of…
Business
BP faces pivotal moment as activist investor Elliott enters fray
BP’S dramatic under-performance compared with other oil majors has reached a crunch point – a looming showdown with one of the world’s…
Business
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…
Business
PropNex looks to technology to be its economic moat as it strives to stays ahead
This includes a service that enables its agents to send personalised reports each quarter to past customers to update them on information…
Business
Trump-induced uncertainty may be a blessing in disguise for investors in Singapore’s biggest Reits
Income-focused investors may prefer not being tapped for cash – and coping with the risk of their Reit subsequently trading underwater The…