Culture
Samsung Electronics drops Q2 outlook due to trade uncertainties
[SEOUL] Samsung Electronics on Wednesday dropped its business outlook for the current quarter and warned US tariff policies could cut demand for its key products such as smartphones.The technology...
Stocks to watch: Wilmar, ST Engineering, Sheng Siong, Starhill Global Reit, FEHT, CDLHT, First Reit, IReit Global
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Wednesday (Apr 30).Wilmar International: The agribusiness group reported a 13.5 per cent increase in...
Far East Hospitality Trust Q1 net property income falls 8.3% to S$23 million
[SINGAPORE] Far East Hospitality Trust’s (FEHT) net property income fell 8.3 per cent year on year to S$23 million for the first quarter ended March, from S$25.1 million. Gross...
AIA Group’s value of new business jumps on strong Hong Kong sales
Published Wed, Apr 30, 2025 · 08:26 AMHONG Kong-based insurer AIA Group reported a 13 per cent rise in its first-quarter value of new business (VONB) on Wednesday, bolstered...
Visa earnings top estimates as spending on network stays strong
The company also says at the investor day that it expects its value-added services to account for more than half of total revenue in coming yearsPublished Wed, Apr 30,...
ASM’s orders beat estimates on strong demand from China
[NETHERLANDS] ASM International’s first-quarter orders beat estimates, fuelled by high demand for chipmaking equipment in artificial intelligence (AI) linked segments and solid sales in China.Orders rose 14 per cent...
UK sets out new rules for crypto as it aligns with US on approach
[LONDON] Britain will bring cryptocurrencies under compulsory regulation, finance minister Rachel Reeves said on Tuesday as the government signalled it would cooperate closely with the United States on the...
Europe: Earnings-driven moves take Stoxx 600 to sixth consecutive daily gain
EUROPEAN shares extended gains to a sixth session on Tuesday, with financials giving support following earnings from HSBC and Deutsche Bank, though focus was on how companies are assessing the...
Starbucks says turnaround on track as sales decline persists
[CHICAGO] Starbucks’ chief executive officer said he’s confident the company’s turnaround is progressing even though a key gauge of sales declined faster than expected in the latest quarter.Same-store sales...
Indonesia’s state banks eye bigger share of growing wealth market in Singapore
[JAKARTA] Bank Negara Indonesia (BNI) and Bank Mandiri, Indonesia’s state-owned banks, are pulling out all the stops to make their mark in Singapore’s competitive wealth management sector.This comes as...
