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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)…
The corporate debt market saw robust growth in 2024, with new debt issuances rising 34 per cent year on year to S$308 billion. This comprises new issuances for short-term and long-term…
Tokyo Electron said on Thursday (Aug 7) it has fired an employee at its Taiwan subsidiary over their alleged involvement in a trade secret leak at Taiwanese chipmaking giant TSMC. The…
DBS expects deposits volume growth will continue to support net interest income for 2025, even as its net interest margin (NIM) declines due to falling interest rates, said chief executive…
Shares of DBS soared to a record high on Thursday (Aug 7) – briefly hitting a milestone S$50 mark – as South-east Asia’s biggest lender beat expectations for its second-quarter results…
Toyota Motor lowered its annual guidance as it warned of a 1.4 trillion yen (S$12 billion) hit to its bottomline from US tariffs that have rattled the global automotive industry. The…
VietJet Aviation plans to employ more than 5,000 new staff in Thailand as Vietnam’s biggest budget carrier accelerates flight and route expansion to South-east Asia’s most popular…
The company’s image sensors business faces weak handset demand as well as seismic shifts in the supply chain Sony Group raised its earnings forecast on Thursday (Aug 7) after a…
Singapore Post (SingPost) has sold 10 Housing & Development Board (HDB) shophouses for S$55.5 million, after putting them up for sale and leaseback earlier this year. The buyer is Teo…
South Korea’s top trade envoy Yeo Han-koo said on Thursday that Samsung Electronics and SK Hynix will not be subject to 100 per cent US tariffs on chips. Yeo said on radio that…
Shares of UOB fell by more than 2 per cent on Thursday (Aug 7), on the back of the local bank’s second-quarter results, which saw a 6 per cent year-on-year decline in its net profit of…
DBS shares set a record on Thursday (Aug 7) and hit the S$50 mark for the first time, after the lender posted marginally higher Q2 earnings before the market opened. The counter rose to an…
Maria Hazel Regalado, a 48-year-old mother of four in the Philippines, needed a computer last year so she could work from home. Regalado, who helps manage rental properties in Australia,…
E said on Wednesday that Samsung Electronics will supply chips from its production plant in Texas for Apple products including iPhones. “This facility will supply chips that…
American International Group (AIG) reported a higher second-quarter profit on Wednesday (Aug 6), powered by strong underwriting gains and higher returns on investments. Insurers such as…
DBS’ net profit for the three months ended Jun 30, 2025 rose 1 per cent to S$2.82 billion, compared with S$2.79 billion from the year-ago period. Net interest income was higher, supported…
EuroSports Global said its board’snominatingcommittee had independently assessed the charges against executive chairman and chief executive Melvin Goh – including taking into account his…
Apple will announce a domestic manufacturing pledge of US$100 billion on Wednesday (Aug 6) that will focus on bringing more manufacturing to the US, a White House official said.…
Singapore-based Carro, South-east Asia’s largest used-car online marketplace, is preparing for a US initial public offering as early as 2026 that could raise up to US$500 million,…
