Business
UOB proposes special dividend, share buyback programme as it unveils long-awaited capital return plans
The bank’s disciplined approach of pursuing long-term growth with stability has served it well, says CEO UOB’s board has announced a S$3…
Tag
capital
Business
UOB beats expectations with Q4 profit up 8.6% to S$1.52 billion; announces S$3 billion capital distribution package
UOB on Wednesday (Feb 19) posted a net profit of S$1.52 billion for the fourth quarter ended December, up 8.6 per cent from S$1.4 billion…
Business
Bain Capital ends acquisition battle with KKR for Fuji Soft
US private equity firm Bain Capital said on Monday (Feb 17) it will not launch a tender offer for Fuji Soft, formally ending a takeover…
Business
Bain Capital says it may withdraw tender offer proposal for Fuji Soft
Bain, which is supported by Fuji Soft’s founding family, has yet to launch a tender offer US PRIVATE equity firm Bain Capital said it may…
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
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
UBS trounces profit forecasts, US$3 billion share buyback conditional on capital rules
UBS Group on Tuesday (Feb 4) posted fourth-quarter profit that beat forecasts by a wide margin and said it would buy back up to US$3…
News
China Building Massive Military Command Center in Capital, 10 Times Bigger Than Pentagon
China is constructing a new military command center near its capital, Beijing. This facility is expected to be 10 times the size of the…
News
Was the Black Hawk Practicing for Evacuation in Case of Attack on Capital When It Crashed with American Airlines Jet? US Army Clarifies
The US Army helicopter involved in Wednesday's midair collision with American Airlines flight 5342 was conducting a training exercise…
Business
Crypto’s richest man CZ turns venture capital firm into giant family office
ZHAO Changpeng “CZ”, a few months out of prison and worth US$70 billion thanks to the relentless crypto rally, is turning the former…
News
It's below freezing in D.C., but Trump supporters are thrilled to be present
WASHINGTON — Kelly Mann stood outside Capital One Arena early Monday, squinting at the winter sun, leaning against a wagon of red MAGA…
News
Fire lessons from the Australian capital, where a 2003 inferno changed everything
The residents of Canberra might know a little about what Los Angeles is going through. Exactly 22 years ago, a wildfire became a…
News
Chadian government plays down gunshots in capital
The government of Chad has insisted the situation in capitol N'Djamena is stable after gunshots were heard near the presidential palace.…
Lifestyle
It was once the capital of Iran's axis of resistance. Now a Syrian town grapples with its future
SAYEDAH ZAINAB, Syria — In the shadow of the gold-domed Sayedah Zainab shrine, six miles south of Damascus, lie the abandoned remains of…
News
Strong earthquake in China kills scores of people in Tibet
BEIJING — A strong earthquake killed at least 53 people in Tibet on Tuesday and left many others trapped as dozens of aftershocks shook…
News
Explosive device kills 2 at a school in Nigeria's capital city, police say
ABUJA, Nigeria (AP) — An improvised explosive device detonated at a school on the outskirts of Nigeria’s capital Monday, killing two…
Culture
Paco Ignacio Taibo II: A book-reading advocate in the era of TikTok
Mexico City — He is among Mexico’s most celebrated novelists, historians and left-wing activists. But Paco Ignacio Taibo II is best known…
Business
Debt capital market issuance volumes expected to remain ‘relatively stable’ in 2025
Financials, with strong issuances in the last 3 years, could remain major issuers in the Singapore dollar market in 2025, says portfolio…
Business
MAS review group exploring use of seed capital for equities market: Gan Kim Yong
The Monetary Authority of Singapore’s (MAS) equities market review group is studying how to make optimum use of seed capital to attract…
News
'Tears of joy' - Sudan capital gets first aid convoy since war began
A convoy carrying food aid has arrived in Sudan's capital, Khartoum, for the first time since civil war erupted in April 2023. The country…
News
Israel unleashes airstrikes on ports and capital in Yemen
Israel has bombed key ports in Yemen as well as the country's capital Sana'a in response to more than a year of missile and drone attacks…
Business
S-Reits’ secondary fundraising rebounds in 2024; more may tap capital markets next year
Singapore-listed real estate investment trusts (S-Reits) have been more active in their equity fundraising (EFR) in 2024, with the total…