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FOR years, a job at one of China’s technology behemoths was a golden ticket for the country’s ambitious youth. Now, a wave of downsizing is tarnishing that dream, pushing out seasoned…
Kuok Hui Kwong’s appointment as the new chief at Shangri-La Asia is only the latest in a string of women taking over the reins across family-controlled Asian hospitality groups. The…
A looming pensions tax on rich Australians is sparking a flurry of behind-the-scenes planning by the nation’s wealth managers, who say clients are actively exploring strategies to shield…
The Chinese company is one of the world’s largest battery manufacturers and a major supplier of LFP batteries to the auto industry General Motors (GM) plans to purchase…
DBS shares surpassed the S$50 mark in early trade on Friday (Aug 8), a day after it reached that record level following news of its improved Q2 earnings. The counter hit a high of S$50.98…
Telco’s unit says it is unable to determine the quantum of any penalties, which the Australian federal court will determine The Australian Information Commissioner (AIC) on Friday (Aug 8)…
Paramount Global and Skydance Media completed their US$8.4 billion merger on Thursday (Aug 7), capping a drawn-out deal process marked by political scrutiny and shareholder concerns.…
But the company raises its interim dividend to S$0.09 per share, from S$0.06 per share Sembcorp Industries saw earnings fall 1 per cent to S$536 million for the first half ended June 30,…
Sembcorp Industries wants to take advantage of the stronger Singapore dollar to go “shopping” for deals, even as the company’s shares tumbled on Friday (Aug 8) amid muted earnings and the…
President Donald Trump on Thursday named the leader of his White House economic panel to fill a recently vacated seat on the Federal Reserve board, as he seeks to boost his sway…
US President Donald Trump on Thursday (Aug 7) said he will nominate Council of Economic Advisers chairman Stephen Miran to serve out the final few months of a newly vacant seat at the…
The Dow fell while the Nasdaq finished at a fresh record on Thursday as markets grappled with worries over lofty equity valuations in light of President Donald Trump’s aggressive trade…
DIRECTORS carry the overarching responsibility of ensuring their companies perform effectively. This duty is not only a matter of good governance, but a legal one. At the heart of a…
Chipmaker Intel is the latest tech company facing political pressure from President Trump. On Thursday, Trump called for the immediate resignation of Intel Chief Executive Lip-Bu Tan, who…
Ireit Global posted a 26 per cent fall year on year in distribution per unit (DPU) to 0.71 euro cent for the half-year of FY2025 ended June because of the full vacancy at the Berlin…
Frasers Property has achieved pre-sold revenue of S$1.4 billion so far in financial year 2025 for its projects in Singapore, Australia, China and Thailand, the real estate group said on…
Street’s main indexes opened higher on Thursday (Aug 7), buoyed by optimism that major technology companies could avoid US President Donald Trump’s latest tariffs on chip…
Gloves maker Riverstone Holdings posted a 37.4 per cent year on year drop in net profit to RM45.4 million (S$13.8 million) for the quarter ended June from RM72.5 million as higher cost of…
Trade loans remain a relatively small portion of UOB’s total portfolio, but their contribution to the bank’s balance sheet is expected to become more visible over time, said its top…
Its revenue rose 8% to S$368.3 million on the back of higher conributions from property investments and technology operations Property developer Singapore Land Group posted a 7 per cent…
Resort and casino operator Genting Singapore reported a 34 per cent drop in profit for the first half of the year to S$234.7 million. Revenue declined by 10 per cent to S$1.2 billion, from…
A former independent director of Hyflux pleaded guilty on Thursday (Aug 7) to being negligent in the insolvent water treatment firm’s failure to disclose to the Singapore Exchange (SGX)…
A former independent director of Hyflux pleaded guilty on Thursday (Aug 7) to being negligent in the insolvent water treatment firm’s failure to disclose to the Singapore Exchange (SGX)…
A former independent director of Hyflux pleaded guilty on Thursday (Aug 7) to being negligent in the insolvent water treatment firm’s failure to disclose to the Singapore Exchange (SGX)…
