Culture

Salman Haider named head of Asean, CEO of Eastspring Singapore
[ad_1] This is in addition to his current role as chief distribution officer of the business[SINGAPORE] Eastspring Investments, the asset management business of Prudential, announced on Wednesday (Apr 30) that...
UBS Q1 profit tops forecasts but Trump tariff shock clouds outlook
[ad_1] [ZURICH] UBS on Wednesday (Apr 30) posted better-than-expected first-quarter net profit, but the Swiss bank warned of an uncertain outlook as US tariffs raise global growth fears even as...
Nomura’s China losses narrow as brokerage seeks turnaround
[ad_1] [NEW YORK] Nomura Holdings posted a smaller loss at its joint venture in China last year, as the brokerage seeks to turn around the business in the face of...
Asia: Markets struggle as trade war hits China factory activity
[ad_1] [HONG KONG] Stocks started limply on Wednesday as investors struggled to match Wall Street’s rally, with data showing Chinese factory activity contracted this month at its fastest pace for nearly...
TSMC starts building third Arizona plant as US tariffs loom
[ad_1] The CEO says that the third and fourth plants will use its most advanced N2 and A16 process technologies and the fifth and sixth plants will use even more...
Tesla hiring over 1,000 workers to ramp up Semi truck production: report
[ad_1] Published Wed, Apr 30, 2025 · 10:20 AM[BENGALURU] Tesla is hiring more than a thousand new workers in Nevada as the electric vehicle maker looks to ramp up mass...
Grab raises full-year adjusted Ebitda guidance after posting US$24 million profit in Q1
[ad_1] [SINGAPORE] Grab on Wednesday (Apr 30) reported net profit of US$24 million for the first quarter ended Mar 31, 2025, reversing from a US$104 million loss in the previous...
Prudential’s quarterly new business profit rises on strong Hong Kong, China growth
[ad_1] Published Wed, Apr 30, 2025 · 09:05 AMPRUDENTIAL on Wednesday (Apr 30) reported a 12 per cent rise in new business profit for the first quarter, as the Asia-focused...
Samsung Electronics drops Q2 outlook due to trade uncertainties
[ad_1] [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
[ad_1] [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
[ad_1] [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
[ad_1] 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...