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THE following companies saw new developments that may affect trading of their securities on Tuesday (Feb 25). Great Eastern: The insurance provider on Tuesday reported a net profit of…
BROOKFIELD Asset Management agreed to spend US$1.7 billion in a deal to expand its US onshore renewables business as the company bets there will be increasing demand for electricity from…
KEN Griffin’s market-making giant Citadel Securities is looking to become a liquidity provider for cryptocurrencies, betting US President Donald Trump’s embrace of the industry will usher…
INTEL on Monday said that the first two cutting-edge lithography machines from ASML Holding are “in production” at its factories, with early data indicating they are more reliable than…
CHEVRON said on Monday it would reorganise some of its business structures and reshuffle the leadership team, the latest move by the US energy major to simplify its operations. The company…
TESLA is readying a software update for customers in China to offer driver-assistance capabilities similar to those marketed as Full Self-Driving (FSD) in the US, according to a source…
A New York to Delhi American Airlines flight was diverted to Rome on Sunday after an alleged bomb threat. The Boeing 787-9 Dreamliner was carrying 199 passengers and crew members when it…
Apple said Monday it plans to invest $500 billion in the United States, hire 20,000 people and open a new manufacturing factory in Texas over the next four years. “We are bullish on the…
Employees at the Department of Housing and Urban Development cafeteria were met with a bizarre video of President Donald Trump playing on the television screens this morning. The video…
A newborn tragically died after an American tourist allegedly threw the infant out of a hotel window shortly after giving birth, according to local police. Authorities said that the…
Wall Street’s main indexes opened higher on Monday (Feb 24), rebounding from a sharp selloff in the previous week, while Apple edged up in choppy trading after the iPhone maker announced a…
INVESTMENT management firm Yangzijiang Financial reported a net profit of S$197.3 million in the second half ended Dec 31, 2024, an increase of about five times from S$39.3 million a year…
INVESTMENT management firm Yangzijiang Financial reported a net profit of S$197.3 million in the second half ended Dec 31, 2024, an increase of about four times from S$39.3 million a year…
Across the broader market, gainers beat losers 298 to 286 as 1.4 billion securities worth S$1.7 billion change hands SINGAPORE equities were marginally lower at the end of the first…
DBS Group Holdings plans to cut around 4,000 of its contract and temporary staff workforce over the next three years as artificial intelligence increasingly takes on roles carried out by…
CHINESE companies that once pursued additional listings in Europe are abandoning those plans after Beijing’s securities regulator tightened some rules, pushing many issuers to sell shares…
Privatisations make sense when trusts have poor liquidity and face constraints in upgrading assets IF INTEREST rates do not fall much further, equity fund-raising in the Singapore-listed…
THE Trump administration reversed federal approval for New York City’s congestion pricing programme on Feb 19. Even though ST Engineering’s subsidiary in the US, TransCore, runs the…
A GIC affiliate and global technology investor Silver Lake have completed their US$1.7 billion acquisition of US-billing software company Zuora. Shareholders of the Silicon Valley-based…
RETRENCHMENTS and unemployment have been widespread in the first two months of 2025, with job cuts announced across various industries. From tech to retail, media and finance, major…
AT A rare press briefing back in September, China’s central bank chief Pan Gongsheng unveiled a stimulus blitz that spurred optimism for one of the biggest policy shifts in a decade. But…
GOLD prices steadied near an all-time high on Monday (Feb 24), supported by concerns over US President Donald Trump’s tariff plans, while the focus shifted to a key US inflation report due…
Indonesia launched the Danantara investment fund on Monday (Feb 24), a high-stakes, multi-billion-dollar initiative designed to consolidate the country’s state-owned enterprises (SOEs),…
WISETECH Global’s founder and largest shareholder Richard White appears to have triumphed in a high-level power dispute after almost every board member quit in a disagreement over the…
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