Business
Maybank upgrades Singtel’s AIS to buy, raises price target on further profit growth expectations
Maybank Securities upgraded Singtel’s Thai associate Advanced Info Service (AIS) to “buy” from “hold”, due to a strong outlook and healthy…
Tag
Growth
Business
Dove, Wellbeing Brands Drive Unilever Growth in 2024
LONDON – Unilever is expecting a “soft” start to the new year after reporting a 1.9 percent uptick in turnover to 60.8 billion euros in…
Business
South Korea’s tech exports lose growth momentum as risks rise
The outlook for chip sales is turning less optimistic this year as growth in shipments has slowed in recent months SOUTH Korea recorded a…
Business
CBA’s first-half profit beats estimates on strong asset quality, lending volume growth
COMMONWEALTH Bank of Australia’s (CBA) first-half cash earnings beat estimates on Wednesday (Feb 12), as lending volume growth and lower…
Business
Australia’s CBA first-half profit beats estimates on strong asset quality, lending volume growth
COMMONWEALTH Bank of Australia’s (CBA) first-half cash earnings beat estimates on Wednesday (Feb 12), as lending volume growth and lower…
News
Expect growth opportunities from more regional trade amid US tariffs: DBS
EVEN though the Trump administration may cause global volatility, DBS expects to gain from more intra-regional trade as a result of US…
Business
TSMC January sales growth slows after DeepSeek roils market
TSMC’s outlook is overshadowed by US President Donald Trump’s threats to slap tariffs on semiconductor imports TAIWAN Semiconductor…
Business
‘I’ll give it my best shot’: incoming DBS CEO Tan Su Shan eyes growth in high ROE businesses
INCOMING DBS chief executive Tan Su Shan said she will focus on growing businesses that provide a high return on equity (ROE), when she…
Fashion
Record growth of single family offices may be over but new entrants likely to be wealthier
Some observers say number may even decline on stricter requirements, rising competition SINGAPORE may see a slowdown in the growth of the…
Fashion
China Insight: Can Fashion Brands Return to Growth During the Chinese New Year?
According to the annual consumption data for 2024 released by the National Bureau of Statistics of China, in the past year Chinese…
Fashion
Vietnam sets ambitious nuclear power goals to help fuel growth
VIETNAM formally approved a nuclear power development plan with the aim of having a reactor online in the next decade, an ambitious…
Fashion
Maersk eyes 4% market growth in 2025, uncertainty over tariffs and Red Sea
MAERSK on Thursday (Feb 6) said it expects to grow its business to track an expected 4 per cent growth in global container shipping this…
Business
HSBC upgrades Grab to ‘buy’ on attractive valuations, growth drivers ahead
HSBC upgraded its rating on ride-hailing giant Grab to a “buy” on attractive valuations and “intact” growth drivers, while Maybank…
Business
SGX’s H1 net profit rises 20.7% to S$340 million following high growth in all revenue segments
THE Singapore Exchange (SGX) on Thursday (Feb 6) posted a net profit of S$340 million for the first half ended December, up 20.7 per cent…
Business
Uber’s fourth-quarter earnings miss overshadows bookings growth
UBER Technologies reported weaker-than-expected fourth-quarter earnings and operating income, overshadowing steady bookings growth.…
Business
AMD tumbles after giving disappointing outlook for AI growth
ADVANCED Micro Devices (AMD) tumbled in late trading after giving a disappointing outlook for its data centre business, an area where it’s…
Business
IBM gives long-term sales growth outlook that tops expectations
INTERNATIONAL Business Machines (IBM) gave a stronger-than-expected revenue growth outlook for the coming years led by the expansion in…
Business
Spotify forecasts profit above estimates on subscriber growth, price increases
In the fourth quarter, premium subscribers rose 11 per cent to 263 million, compared with Visible Alpha estimates of 260 million. SPOTIFY…
Lifestyle
Copenhagen Designers Seek International Growth in Hard Times for Luxury
COPENHAGEN — Times are changing for Copenhagen Fashion Week, and the buzz is fading. Some of the city’s hottest brands, such as Cecilie…
Business
Visa profit climbs on cross-border growth, beating estimates
VISA reported a fiscal first-quarter profit that exceeded Wall Street estimates as the world’s biggest payments network posted…
Business
Sanofi plans 5 billion euro buyback, sees higher profit growth
SANOFI said it will repurchase five billion euros (S$7 billion) of stock and grow profits more quickly this year as the drugmaker pivots…
Business
Singapore’s reinsurance market gears for growth in bid to be Asian hub
Industry watchers cite several favourable factors, including country’s supportive regulatory environment, advantageous geographical…
Business
Hyundai Motor nears GM tie-up deal; sees revenue growth slowing in 2025
SOUTH Korea’s Hyundai Motor said on Thursday (Jan 23) it is in talks with General Motors to supply commercial electric vehicles to its US…
News
China’s vehicle export growth set to slow in 2025: CAAM data
China's vehicle export growth is expected to temper to 5.8%, reaching 6.2 million units this year, a significant deceleration from the…