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Singapore’s Foundation Healthcare eyes over US$100 million fundraising: sources
[ad_1] SINGAPORE’S Foundation Healthcare Holdings is looking to conduct a funding round that could raise more than US$100 million and value the private healthcare group at more than S$1 billion,...
UOB proposes special dividend, share buyback programme as it unveils long-awaited capital return plans
[ad_1] The bank’s disciplined approach of pursuing long-term growth with stability has served it well, says CEOUOB’s board has announced a S$3 billion package to distribute surplus capital over the...
UOB looks to ‘resilient’ Asean to continue to drive growth as Q4 profit beats estimates
[ad_1] UOB remains confident that Asean economies will be resilient and continue to expand, even as the outlook remains uncertain amid ongoing geopolitical tensions and tariff concerns. While US tariff...
HP to acquire parts of Humane, Ai Pin startup from ex-Apple managers, for US$116 million
[ad_1] HP WILL acquire assets from Humane, the maker of a wearable Ai Pin introduced in late 2023, for US$116 million.The deal will include the majority of Humane’s employees in...
Budget 2025: Income tax concessions, GST remission for S-Reits extended for 5 years
[ad_1] INCOME tax concessions as well as goods and services tax (GST) remission for Singapore-listed real estate investment trusts (S-Reits) will be extended for five more years, as part of...
Vietnam parliament approves US$8 billion rail link to China
[ad_1] VIETNAM’S parliament on Wednesday (Feb 19) approved plans for an US$8 billion rail link from its largest northern port city to the border with China, boosting links between the...
Cisco and IBM show old-school tech names can be AI winners too
[ad_1] WHILE many of the biggest and most popular technology stocks have stumbled out of the gates in 2025, some of the sector’s legacy names are drawing renewed attention.Companies such...
Hong Kong expands virtual asset push with new licensing, trading options
[ad_1] HONG Kong is expanding the ways investors can trade virtual assets, its financial regulator said on Wednesday (Feb 19), as the city races to become Asia’s digital assets hub...
FTX refunds: Temasek, BlackRock, SoftBank, Sequoia, Tom Brady, Shaquille O’Neal likely beneficiaries
[ad_1] AFTER more than two years of hand-wringing, creditors of bankrupt crypto exchange FTX are heaving a sigh of relief as the trading platform’s estate starts paying cash back to...
iPhone parts maker Murata eyes supply chain shifts towards India
[ad_1] APPLE iPhone components maker Murata Manufacturing is weighing whether to move some of its production capacity to India, reflecting a global realignment of the supply chain towards the world’s...
Borrowing strain hits NAB’s Q1 profit, shares dive
[ad_1] NATIONAL Australia Bank, the country’s biggest business lender, said on Wednesday that first-quarter profit slipped as competition for customers ate into margins and more borrowers fell behind on repayments,...
Singtel’s Q3 profit surges 183.4% to S$1.3 billion on exceptional gains
[ad_1] SINGTEL’S net profit for the third quarter ended Dec 31 climbed 183.4 per cent to S$1.3 billion from S$465 million in the same period the year before.This was mainly...