Business
Siemens flags tough times ahead after Q4 profit beat
SIEMENS flagged mounting geopolitical risks like trade conflicts and weak consumer demand in the year ahead after posting fourth quarter…
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Business
Business
Emperador Q3 net profit falls 52.2% to 981 million pesos
PHILIPPINE liquor giant Emperador’s net profit for the third quarter ended September fell 52.2 per cent to 981 million pesos (S$22.4…
Business
Lufthansa plans to cut admin jobs by 20%
GERMAN flag carrier Lufthansa is looking to gradually reduce jobs in administration by 20 per cent as it steels itself against a projected…
Business
Aviva posts 15% rise in 9-months general insurance premiums
BRITISH insurer Aviva posted a 15 per cent rise in general insurance gross written premiums for the first nine months of the year to £9.1…
Business
Why do companies buy back shares?
IN EARLY November, DBS’ board established a new S$3 billion share buyback programme which involves purchasing its own shares from the open…
Business
Companies like DBS, ST Engineering are buying back their shares. Are there downsides?
THIS month, the board of DBS set up a S$3 billion share-buyback programme, which involves purchasing its own shares from the open market.…
Business
IAEA's Grossi calls a German return to nuclear power 'logical'
A return to nuclear power for Germany would be "logical," the head of the International Atomic Energy Agency (IAEA), Rafael Grossi, told…
Business
Aircraft lessors to continue to be impacted by scale and consolidation
Providing the right amount of value relative to other asset classes is a challenge for lessors THE benefits of scale and the impact of…
Business
Aircraft lessors buckle up for continued turbulence as players consolidate, struggle to scale up
World’s No 2 lessor sees further M&A amid acute undersupply of planes in Asia in next two to three years THE benefits of scale and the…
Business
Walmart Planned to Remove Oven Before 19-Year-Old Employee's Death
Originally appeared on E! Online A Walmart in Canada was preparing to remove its walk-in oven even before an employee was found dead…
Business
Few have heard of this scenic train journey through Indonesia (and it’s a bargain, too)
The train click-clacks along at a steady rhythm, passing through various shades of green. Lush rice fields morph into dense forests, while…
Business
Singapore shares slump at Thursday’s open; STI down 0.3%
SINGAPORE stocks were pulled into negative territory on Thursday (Nov 14) after global equities ended mixed overnight. As at 9.02 am, the…
Business
Red Sox Predicted To Acquire Three Aces In Latest 'Dream Rotation' Outlook
The American League East is currently run by the New York Yankees and the Baltimore Orioles. But the Tampa Bay Rays, Boston Red Sox, and…
Business
Japan Foods sinks into the red with H1’s S$1.6 million net loss on higher operating costs
JAPAN Foods logged a S$1.6 million net loss for its first half ended Sep 30, versus a profit of S$81,000 for the same period in the year…
Business
Japan Foods sinks into the red with S$1.6 million net loss in H1
The group says net loss comes from higher year-on-year overall operating expenses JAPAN Foods logged a S$1.6 million net loss for its…
Business
The 'morphing' wheel from South Korea that may transform lives and robots
By Hyun Young Yi, Daewoung Kim and Jack Kim DAEJEON, South Korea (Reuters) - Imagine a wheelchair equipped with wheels flexible enough to…
Business
Stocks to watch: Jardine C&C, StarHub, First Resources, Civmec, GP Industries, Japan Foods
THE following companies saw new developments that may affect trading of their securities on Thursday (Nov 14): Jardine Cycle and Carriage…
Business
First Resources Q3 profit up 19.3% to US$61 million
FIRST Resources’ net profit for the third quarter ended September rose 19.3 per cent to US$61 million, from US$51.1 million in the…
Business
“You have to make decisions…” – Luis de la Fuente issues response to Nacho Fernandez’s Spain snub grievance
Earlier this week, ex-Real Madrid captain Nacho Fernandez hit out at Luis de la Fuente’s decision to exile him from Spain contention after…
Business
Singapore banks optimistic about earnings, capital returns amid yet another quarterly results beat
They also see upsides to net interest margins during a Trump 2.0 presidency, as expected inflationary policies may result in higher…
Business
DBS share buyback raises questions on capital management as counter hits all-time high
The buyback follows the move by Singapore’s largest lender to issue bonus shares in February to return capital to shareholders DBS has…
Business
Watch: Koala found relaxing in South Australia couple's bedroom
Nov. 13 (UPI) -- A couple arrived at their home in Australia after midnight and found their bedroom occupied by an unexpected intruder --…
Business
Inflation data boots Wall Street as stocks hover near records
Wall Street moved slightly on Wednesday after fresh inflation data aligned with expectations, leaving investors anticipating further…
Business
Meta will face antitrust trial over Instagram, WhatsApp acquisitions
FACEBOOK owner Meta Platforms must face trial in a US Federal Trade Commission (FTC) lawsuit seeking its break-up over claims that it…