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KKR & Co reported a third-quarter profit that beat Wall Street estimates as the alternative asset manager generated record transaction fees for its capital markets business. Adjusted net…
The airlines’ pricing power has also improved as the industry cuts down excess capacity in the domestic market American Airlines lifted its annual profit forecast on Thursday (Oct 24),…
United Parcel Service (UPS) returned to sales and profit growth for the first time in nearly two years as the company benefited from higher volumes, more profitable packages, and steadying…
NASDAQ reported a rise in third-quarter profit on Thursday (Oct 24), helped by strong demand in its solutions business that houses the exchange operator’s financial technology products.…
LONDON Stock Exchange Group said on Thursday (Oct 24) that its income rose a better-than-expected 9.5 per cent in the third quarter after strong growth in its capital markets business,…
FINANCIAL institutions (FIs) will now be required to implement real-time fraud surveillance on unauthorised transactions from phishing scams, under the shared responsibility framework…
FINANCIAL institutions (FIs) will now be required to implement real-time fraud surveillance on unauthorised transactions from phishing scams, under the shared responsibility framework…
INDIA’S Adani Wilmar reported a profit for the second quarter on Thursday (Oct 24), buoyed by higher demand for its edible oils and food segments. The company reported a consolidated net…
OIL prices rose more than 1 per cent on Thursday (Oct 24), reversing some of the previous session’s losses, as the Middle East conflict and reports of North Korean troops ready to help…
CHINESE battery giant CATL on Thursday (Oct 24) launched its first battery product focused on extended-range hybrids at a time when this category of electrified cars is seeing the fastest…
THE digital impact marketplace launched by Temasek Trust, Co-Axis, has partnered digital wealth platform Arta Finance to secure US$30 million for projects over two years. The partnership…
BIRKIN bag maker Hermes reported on Thursday (Oct 24) an 11.3 per cent rise in third-quarter sales, continuing to outshine rivals hit hard by a downturn in China as its luxury handbags…
This is down from the 3.06% offered in the previous auction that closed on Oct 10 THE cut-off yield on the latest Singapore six-month Treasury bill (T-bill) fell to 2.99 per cent, auction…
SHARES of Horizon Robotics jumped nearly 38 per cent early in their trading debut in Hong Kong on Thursday (Oct 24), adding to optimism over a revival in initial public offerings (IPOs) in…
LAS Vegas Sands (LVS) – the parent company of Singapore’s Marina Bay Sands (MBS) – is set to invest US$8 billion in the integrated resort’s (IR) expansion project dubbed “Marina Bay Sands…
BOEING workers in the Seattle region decisively rejected the company’s latest contract offer on Wednesday, extending the nearly six-week strike. Almost two-thirds of the members of the…
GOLD prices held steady on Thursday (Oct 24) after scaling an all-time high in the previous session, with a stronger US dollar and an uptick in US Treasury yields offsetting support from…
SEVEN & i Holdings’s plan to split in two and expand abroad will help the retailer almost double group revenue, chief executive officer Ryuichi Isaka said in an appeal to shareholders as…
TELCO giant Singtel has inked a conditional agreement to sell its e-wallet app Dash to financial services firm Western Union. The sale is part of Singtel’s ongoing measures to simplify its…
MATTEL topped Wall Street estimates for quarterly profit as the Barbie parent kept a tight leash on costs but lowered its annual sales forecast heading into the crucial holiday shopping…
APPLE CEO Tim Cook said at a meeting with the Chinese government in Beijing that the US company will increase investment in China and thereby contribute to supply chain development, state…
KEPPEL’S access to greener infrastructure and funds has created a “moat” and given the company an edge in the data centre business, noted its chief executive officer Loh Chin Hua. “Through…
TAIWAN Semiconductor Manufacturing Company (TSMC) discovered this month that chips it made for a specific customer ended up with Huawei Technologies, a potential violation of US sanctions…
SOUTH Korea’s SK Hynix on Thursday posted a record quarterly profit as the Nvidia supplier saw strong sales of its advanced chips such as high bandwidth memory (HBM) ones used in…
