Section
MARCO Polo Marine posted lower net profit of S$10.7 million for its second half of the financial year ended Sep 30, 2024, down 41.5 per cent from S$18.3 million in the previous…
DBS has beefed up its wealth management team to cater to rich Russians at a time when many global rivals are staying away from the business amid concerns over widening sanction risks.…
THE following companies saw new developments that may affect trading of their securities on Tuesday (Dec 3): Yangzijiang Shipbuilding: The maritime vessel maker announced on Monday that it…
It will supply the US data-centre firm a maximum capacity of 58.5 MWp from its renewable energy portfolio SEMBCORP Industries’ wholly owned subsidiary, Sembcorp Power, has signed a second…
WAITING times for Nissan Motor cars in Japan have shrunk far below those of other local brands, the latest sign of weak customer demand threatening to worsen the carmaker’s slumping…
MICROCHIP Technology, a maker of chips for cars, consumer devices and other products, said it would close a plant in Tempe, Arizona, affecting about 500 employees. The company also said…
AMAZON.COM’s cloud unit is rolling out components it says will make data centres run more efficiently, a move that could help address the growing strain power-hungry server farms are…
NIKE is shutting down its digital sneaker division RTFKT as the world’s largest athletic-wear company realigns priorities under a new chief executive officer. “Today, we are announcing the…
Brewing Love episode 9, starring Kim Se Jeong, Lee Jong Won, Shin Do Hyun, and Baek Sung Chul, aired on ENA on Monday (December 2) at 10 pm KST. It followed legendary sales queen Chae…
A man accused of making racist monkey gestures toward a Black footballer during a local derby match was found dead just hours later. The Chester FC fan was caught on camera allegedly…
Castle Water will offer to inject £4 billion (S$6.82 billion) into Thames Water this week to help save the beleaguered utility from administration, according to a person familiar with the…
Wall Street’s main indexes opened flat-to-higher on Monday (Dec 2), with focus on a slew of economic data this week, while Intel shares rose after its CEO retired following its struggles…
The cuts represent nearly a sixth of the company’s workforce of around 3,200 people British wealth manager St James’s Place is planning to make around 500 layoffs in the coming months, a…
A NEW round of US solar panel import tariffs on South-east Asian producers is expected to raise consumer prices and cut into producer profit margins, but was largely anticipated by…
This takes the group’s shipbuilding contracts to US$14.3 billion in the year to date MARITIME vessel maker Yangzijiang Shipbuilding said on Monday (Dec 2) that it has secured another…
HONG Kong telecommunications company HKBN said on Monday (Dec 2) it has received a rival non-binding indication from US private equity firm I Squared Capital for a possible takeover. The…
The threat of US tariffs, for example, could dampen global trade and electricity demand, and weaken the drive to invest in fossil fuels HARDLY a month goes by without Sembcorp Industries…
It charges clients a spread over the interbank prices, which were unavailable to clients JPMORGAN Chase Bank has paid a S$2.4 million civil penalty to the Monetary Authority of Singapore…
THE Ministry of Finance (MOF) on Monday (Dec 2) announced an open call for public feedback for Budget 2025, which is scheduled to be presented in February 2025. The Budget is prepared for…
WORKERS at nine Volkswagen car and component plants across Germany started strikes lasting several hours on Monday (Dec 2), bringing assembly lines to a halt as labour and management clash…
Gold prices slipped on Monday (Dec 2), snapping a four-session rally as the US dollar firmed, while market participants awaited key US economic data for clues on the Federal Reserve’s…
SINGAPORE stocks opened higher on Monday (Dec 2), following gains in Asia as markets enter a seasonally strong period. The benchmark Straits Times Index (STI) rose 27.04 points or 0.7 per…
heightened tension to ultimately provide fuel for two multi-year trends benefiting Singapore: FDI and wealth inflows. SINGAPORE stocks closed higher on Monday (Dec 2), following gains in…
THE manager of Keppel DC Real Estate Investment Trust (Reit) on Monday (Dec 2) announced the launch of its preferential offering for 148.4 million new units at an issue price of S$2.03…
