Fashion
Hong Leong Finance sees over 300% growth in EV loans
[ad_1] [SINGAPORE] Hong Leong Finance (HLF) announced that it has seen a more than 300 per cent increase in electric vehicle (EV) loans, from S$73 million in 2023 to S$314...
UPS profit beats estimates, to cut 20,000 jobs on economic worries
[ad_1] The parcel giant is not providing any updates to its full-year outlook due to the economic uncertaintyPublished Tue, Apr 29, 2025 · 06:51 PM[LOS ANGELES] United Parcel Service reported...
China’s Big Five banks post slimmer margins as economic challenges persist
[ad_1] [SHANGHAI/HONGKONG] China’s Big Five lenders on Tuesday (Apr 29) reported narrower margins on their first-quarter earnings and some a drop in profits as the banking sector is hit by...
Singapore stocks end lower; STI down 0.2%
[ad_1] [SINGAPORE] Stocks on the local bourse closed slightly lower on Tuesday (Apr 29) after US President Donald Trump’s administration said it will move to reduce the impact of his...
Trade war may lower growth and inflation in eurozone, ECB’s Cipollone says
[ad_1] Published Tue, Apr 29, 2025 · 05:06 PMA GLOBAL trade war could lower both economic growth and inflation in the eurozone, and it could have an “unambiguously recessionary effect”...
IHH Healthcare signs S$300 million sustainability-linked loan with UOB
[ad_1] [SINGAPORE] Integrated healthcare operator IHH Healthcare has signed its first S$300 million sustainability-linked loan with UOB, strengthening its ongoing commitment to add and uphold sustainable practices across its operations.“As...
Google parent Alphabet kicks off sale of debut euro bonds
[ad_1] Published Tue, Apr 29, 2025 · 04:33 PM[CALIFORNIA] Google parent Alphabet is looking to raise at least 2.5 billion euros (S$3.72 billion) from a debut euro bond sale on...
Porsche’s Q1 profit margin plunges on China weakness, US tariffs
[ad_1] Published Tue, Apr 29, 2025 · 03:24 PM[FRANKFURT] Luxury sports carmaker Porsche on Tuesday (Apr 29) said its operating margin fell to 8.6 per cent in the first quarter,...
Volvo Cars to cut costs by 18 billion Swedish crowns as earnings drop
[ad_1] Published Tue, Apr 29, 2025 · 01:46 PM[STOCKHOLM] Sweden-based Volvo Cars launched cost cuts of 18 billion Swedish crowns (S$2.4 billion) on Tuesday (Apr 29) as its operating profit...
Deutsche Bank posts 39% rise in first-quarter profit
[ad_1] Published Tue, Apr 29, 2025 · 01:23 PM[FRANKFURT] Deutsche Bank on Tuesday posted a 39 per cent rise in first-quarter profit after its global investment banking division generated a big increase...
