Fashion

Acrophyte Hospitality Trust’s H2 DPS falls 46.7% to US$0.01026
[ad_1] ACROPHYTE Hospitality Trust’s distribution per stapled security (DPS) for the half year ended December 2024 was down 55.9 per cent at US$0.00848, from US$0.01929 in H2 FY2023. The distribution...
Nissan prepares to replace CEO after Honda deal falls apart
[ad_1] NISSAN Motor is drawing up plans to replace its chief executive officer following another dismal set of earnings and the collapse of talks to combine with Honda Motor, according...
Seven & i says founding family unable to secure funding for US$58 billion buyout
[ad_1] JAPAN’S Seven & I Holdings said on Thursday the retailer’s founding Ito family could not secure the financing required for a US$58 billion management buyout, and it would consider...
Bitcoin ETFs are hit by a record US$1 billion outflow in one day
[ad_1] INVESTORS yanked more than US$1 billion from spot Bitcoin exchange-traded funds (ETFs) on Tuesday (Feb 25), marking the biggest one-day outflow since the cohort’s debut last January.Fidelity Wise Origin...
Amazon unveils long-awaited AI version of Alexa assistant
[ad_1] AMAZON.COM has rebooted Alexa with artificial intelligence (AI). The rollout marks the biggest overhaul of the voice-activated assistant since the company introduced it more than a decade ago. The...
China quant says funds must adopt AI to survive after DeepSeek
[ad_1] DEEPSEEK’S success is intensifying pressure on China’s quantitative hedge funds to embrace artificial intelligence (AI) or risk becoming obsolete, according to one of the most aggressive users of AI...
Alphabet’s Google cuts employees in cloud division
[ad_1] The cloud layoffs come as the tech industry’s culling of its corporate workforces has become all but standard in a new yearALPHABET’S Google on Wednesday (Feb 26) cut staffers...
Even as MAS plans an SGX revival, privatisations still take place
[ad_1] Five privatisations have been announced so far this year, including Cuscaden Peak’s offer for Paragon Reit EVEN with moves to revitalise the Singapore stock market and analysts hopeful that...
Ireit Global’s H2 DPU stays at 0.94 euro cent
[ad_1] IREIT Global posted a distribution per unit (DPU) of 0.94 euro cent for the second half of financial year 2024 ended December, unchanged from the year-ago period.The DPU will...
Two new CDL directors will not exercise any powers until further notice from court: Kwek Leng Beng
[ad_1] THE two new directors appointed by CDL’s board have undertaken not to exercise any powers as directors until further notice, said CDL executive chairman Kwek Leng Beng in a...
Centurion H2 net profit almost doubles to S$226.6 million 
[ad_1] SPECIALISED accommodation-assets operator Centurion Corporation reported a net profit of S$226.6 million for the six months ended Dec 31, 2024, a 97 per cent jump from S$114.8 million in...
3M to return US$10 billion to shareholders, reiterates sales forecast
[ad_1] 3M also reaffirmed its annual forecast of organic sales growth in the range of 2% to 3%3M Co said on Wednesday (Feb 26) it would return at least US$10...