Culture
UOBKH upgrades top pick DBS to ‘buy’ on 5.6% yield
[ad_1] It also upgrades the overall banking sector to ‘overweight’ and has a continued ‘buy’ call for OCBC[SINGAPORE] A dividend yield of 5.6 per cent this year has led UOB...
UOBKH rates top pick DBS a ‘buy’ on 5.6% yield
[ad_1] It also upgrades the overall banking sector to ‘overweight’ and keeps its ‘buy’ call for OCBC[SINGAPORE] A dividend yield of 5.6 per cent this year has led UOB Kay...
CK Hutchison is said to pick Goldman Sachs, UBS for Hong Kong-London IPO of Watson Group
[ad_1] [HONG KONG] CK Hutchison Holdings has picked Goldman Sachs and UBS Group to work on the planned initial public offering (IPO) of global health and beauty retailer AS Watson...
Chinese firms dominated global humanoid robot shipments in 2025
[ad_1] The industry’s global sales more than quintupled from 2024, according to Omdia’s figuresHUMANOID robot makers in China accounted for the vast majority of the roughly 13,000 units shipped globally...
GM to take US$6 billion writedown on EV pullback
[ad_1] GM’s EV sales dropped 43 per cent in the fourth quarter after the loss of the consumer tax credit[DETROIT] General Motors said on Thursday it would take a US$6...
Blackstone eyes US$2.6 billion of debt to finance power merger
[ad_1] Electricity demand is soaring globally as the data centres needed for Big Tech’s artificial intelligence objectives put pressure on power grids[NEW YORK] A group of banks led by Barclays...
Big Tech spared strict rules in EU digital regulations overhaul, sources say
[ad_1] The tech giants will be subject only to a voluntary framework rather than binding rules[BRUSSELS] Alphabet’s Google, Meta Platforms, Netflix, Microsoft and Amazon will not face heavy-handed regulations in Europe’s digital...
China’s Anta Sports has offered to buy Pinault family’s 29% Puma stake: sources
[ad_1] The Hong Kong-listed company has a track record of acquiring and revamping Western sports and lifestyle brands[HONG KONG/LONDON] China’s Anta Sports Products has offered to buy 29 per cent...
Glencore and Rio Tinto in talks to form world’s biggest miner
[ad_1] [NEW YORK] Rio Tinto Group is in talks to buy Glencore to create the world’s biggest mining company with a combined market value of more than US$200 billion, a...
US stocks: Wall Street ends mixed as tech dips, defence stocks rally
[ad_1] WALL Street ended mixed on Thursday, as Nvidia and other technology stocks dipped, while defence companies advanced after President Donald Trump called for an enlarged US$1.5 trillion military budget.Nvidia slid 2.2...
