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They are looking to offset pressure on profit margins from lower interest rates, higher costs and intensifying competition Australia’s biggest banks are ramping up efforts to reduce their…
The lender is focused on serving Chinese companies looking to expand overseas as well as clients with cross-border need Citigroup is growing “rapidly” in China with reviving interest from…
The competition watchdog here has not received any notification from ride-hailing firms Grab or GoTo on any proposed merger, but said it remains open to engaging with the parties. In…
MALAYSIA said it’s entered mediation talks with Julius Baer Group in a bid to settle a US$112 million lawsuit filed against the Swiss bank by a unit of the failed 1MDB development fund.…
ASIAN markets sank on Friday, tracking a selloff on Wall Street as worries over next month’s Federal Reserve interest rate decision and persistent speculation about a tech bubble dampened…
Shares of flag carrier Singapore Airlines fell as much as 3.6 per cent on Friday (Nov 14) after it reported an 82 per cent drop in net profit. The counter fell as a low as S$6.41 at the…
Shares of flag carrier Singapore Airlines (SIA) fell as much as 3.6 per cent on Friday (Nov 14) after it reported an 82.1 per cent drop in net profit. The counter fell as low as S$6.41…
Net fair value change and reversal of tax provisions helped Frasers Property’s full-year earnings increase by 17.8 per cent, said the real estate company on Friday (Nov 14). For the 2025…
Frasers Property posted a net profit of S$100.9 million for the six months ended Sep 30, a 32.2 per cent decline from S$148.9 million for the corresponding period a year earlier. This came…
Palm oil producer First Resources posted a 43.5 per cent increase in net profit for the third quarter, the company said on Friday (Nov 14). The US$87.5 million figure was higher than the…
APPLE Inc and ChatGPT maker OpenAI on Thursday failed to convince a federal judge to dismiss a lawsuit by Elon Musk’s X Corp accusing them of conspiring to monopolise markets for…
EUROPEAN shares closed lower on Thursday, as investors shifted their focus to crucial US economic data following the end of the nation’s longest government shutdown, while Siemens fell…
“South Park” is known for pushing the envelope, but the latest episode has been described by fans online as “nightmare fuel.” In what is arguably one of the most disturbing episodes of the…
Novo Nordisk has pulled in more than 15 billion euros (S$22.6 billion) of investor orders for its multi-tranche bond sale, more than triple the amount the Danish drugmaker is seeking for…
Rolling food delivery bots powered by Coco Robotics will now transport everyday essentials and groceries to customers in Los Angeles, Chicago and Miami, the company announced Thursday. The…
Unionised Starbucks baristas are launching a wave of walkouts on Thursday (Nov 13), a work stoppage they say could grow to become their biggest strike to date. Workers United, which…
The group declares an interim dividend of S$0.02 per share, higher than S$0.015 a year ago In-flight caterer and ground handler Sats on Thursday (Nov 13) announced a Q2 FY2026 net profit…
Tencent Holdings has agreed a deal with Apple that will see the iPhone maker handle payments and take a 15 per cent cut of purchases in WeChat mini games and apps, according to people…
Entertainment group mm2 Asia on Thursday (Nov 13) reported a net loss of S$39.7 million for the half-year ended Sep 30, widening from the net loss of S$3.9 million for the year-ago period.…
Malaysia state firm 1MDB dropped its court action against JPMorgan and Coutts, The Edge reported. The two banks were part of Malaysia’s lawsuit first filed in 2021, which cited negligence,…
The group attributes the decline in earnings to losses by its associate Air India, which are not included in previous year’s results National carrier Singapore Airlines (SIA) posted a 82.1…
Pfizer is looking to sell its remaining stake in Covid-19 vaccine partner BioNTech, a remnant from one of the pandemic’s most lucrative collaborations. The US drugmaker is offering about…
China’s most valuable company reports sales of 192.9 billion yuan for the three months ended September [SHENZHEN, China] Tencent Holdings posted a faster-than-anticipated 15 per cent rise…
Singtel chief says it has to ‘work very hard to rebuild the trust and the confidence’ the outages have taken Minority shareholders of Singtel might be concerned over its investment in…
