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NVIDIA reduced its stake in British chip firm Arm Holdings by about 44 per cent and exited its holdings in Serve Robotics and SoundHound AI in the fourth quarter, a regulatory filing…
Grand Centrex Limited (GCL) aims to eventually build a sizeable game studio in Singapore, capable of producing blockbusters VIDEO game distributor and publisher Grand Centrex Limited (GCL)…
WALL Street’s main indexes opened flat on Friday (Feb 14), as investors awaited more clarity on US President Donald Trump’s reciprocal tariff plans after robust gains in the last sessions,…
SIA Engineering (SIAEC) reported that its net profit for the third quarter ended Dec 31, 2024, increased 42 per cent to S$38.2 million, compared with the same period in the previous year.…
PARAGON Real Estate Investment Trust (Reit) has appointed PrimePartners Corporate Finance as the independent financial adviser (IFA) for its privatisation offer, said the board via a…
Excluding these, the group expects to post an operating profit and an improvement in financial performance for the fiscal year MAINBOARD-LISTED plastic parts manufacturer Fu Yu warned on…
SINGAPORE shares ended in the red on Friday (Feb 14), after hitting a record high earlier in the week. The benchmark Straits Times Index (STI) fell 0.1 per cent or 5.08 points to 3,877.50,…
The counter could potentially give up much of its gains since unveiling its first-half results CITI Research downgraded its call on the Singapore Exchange (SGX) to “sell” on Friday (Feb…
GROWING geopolitical concerns from the trade tensions between the US and China are compounding an already cautious outlook among investors on the pre-listing activities, as well as mergers…
Maybank Securities upgraded Singtel’s Thai associate Advanced Info Service (AIS) to “buy” from “hold”, due to a strong outlook and healthy yields. Its optimism is on the back of…
SINGAPORE stocks declined on Friday (Feb 14) morning, despite data from the Ministry of Trade and Industry showing that the city-state’s economy grew 4.4 per cent in 2024. It announced on…
THE following companies saw new developments that may affect trading of their securities on Friday (Feb 14): Thai Beverage (ThaiBev): The food and drink company’s revenue grew 2.4 per cent…
ARM has begun recruiting from its own customers and competing against them for deals as it pushes toward selling its own chips, according to people familiar with the matter and a document…
DELAYED rental payments by cinema operator Cathay Cineplexes to its landlord Frasers Centrepoint Trust (FCT) will not significantly impact the trust’s bottom line. Nevertheless, this could…
Facebook said that despite the changes, it continues to disagree with the European Commission’s decision last year, which saw Meta punished for abusing its dominance META Platforms is…
CONSTRUCTION and engineering services provider Civmec posted a net profit of A$26.5 million for the H1 FY2025, marking a 16.9 per cent decline from A$31.9 million in the year-ago period.…
CONSTRUCTION and engineering services provider Civmec posted a net profit of A$26.5 million for H1 FY2025, marking a 16.9 per cent decline from A$31.9 million in the year-ago period. The…
ENGINEERING and service solutions firm Ellipsiz will appoint businessman David Lum as an adviser. In a bourse filing on Thursday (Feb 13), the mainboard-listed group said that it entered…
SINGAPORE equities ended Thursday (Feb 13) higher, even as US data – which indicated sticky inflation – hit regional markets. The Straits Times Index (STI) gained 7.96 points, or 0.2 per…
THE Monetary Authority of Singapore’s (MAS) equities market review group proposes to introduce tax incentives to spur more listings and investments in the local equities market, in its…
THE core wealth management business of iFast recovered in 2024, with net inflows of S$3.3 billion compared to S$2 billion the year prior. Gross unit trust subscription increased to S$7.4…
The AI integration comes at a critical time for Apple, which has faced declining iPhone sales in China amid growing competition from domestic rivals ALIBABA chairman Joe Tsai said on…
A corporate tie-up in Australia will produce a parade of fortunes in an industry hardly known for extravagance. More than 100 shareholders will officially be millionaires. At least 10 will…
SOUTH Korea’s financial regulator is imposing fines on JPMorgan Chase, Morgan Stanley, UBS Group and Nomura Holdings for allegedly violating the country’s rules on short-selling stocks,…
