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The Wall Street bonus pool is expected to break records this year if current trends continue, as big banks reap profits from soaring stocks and a return to more dealmaking after a long…
[AUSTIN, Texas] Elon Musk, the world’s richest person, spent the end of Tesla’s earnings call pleading with investors to ratify his upcoming US$1 trillion pay package and blasting the…
Profit after tax dropped 14% to £2.9 billion in the first nine months of the year British lender Lloyds Banking Group on Thursday (Oct 23) announced sliding net profits as it set aside a…
The chipmaker is seeking chip packaging partners outside China as the dispute drags on [BEIJING/TAIPEI] Dutch chipmaker Nexperia’s Chinese unit has resumed supplying semiconductors to…
Nokia’s adjusted profit for the third quarter beat estimates, thanks to growth in its network infrastructure and optical networks businesses. The Finnish company reported 435 million euros…
Volvo Car reported better-than-expected profit in the third quarter as the automaker benefited from the effects of its 18 billion-kronor (S$2.33 billion) cost-saving programme. Operating…
South Korea’s central bank kept policy interest rates unchanged on Thursday (Oct 23), wary of worsening an overheating housing market and a declining currency, but left the door open for…
TWO former bankers at Citigroup and Julius Baer Group are set to plead guilty for their alleged roles in aiding the movement of illicit funds by several people convicted in Singapore’s…
Indonesian sovereign wealth fund Danantara has hired two former GIC investment professionals to lead its global private market coverage, according to sources familiar with the matter.…
Officers from banks that had earlier considered providing project financing for the Tuaspring project have been lined up to take the stand next week The former company secretary of Hyflux…
In the past three decades, Singaporean venture capitalist Jenny Lee has proven her mettle with her trailblazing spirit “EVEN if you left me on a desert island, I would survive.” This is no…
The US and China are battling to project power as they compete to secure critical minerals supply, the new chair of BHP said on Thursday, downplaying any potential for the global miner to…
CapitaLand Malaysia Trust (CLMT) on Wednesday (Oct 22) posted a distribution per unit (DPU) of 1.11 sen for its third quarter ended Sep 30, 2025, up by 3.7 per cent from 1.07 sen in the…
Investors have nearly fully priced in a 25-basis-point rate cut at the US Federal Reserve’s meeting next week Gold prices edged lower on Thursday (Oct 23), weighed down by an uptick in the…
The clients include exporters, importers and some investors in overseas financial assets Chinese banks helped clients offload overseas currencies at the fastest pace since 2020 last month,…
OpenAI will offer Britain’s government and businesses an opportunity to store data in the UK from Friday, helping unlock the potential of AI for more companies and public services, Deputy…
The following companies saw new developments that may affect trading of their securities on Thursday (Oct 23): Mapletree Pan Asia Commercial Trust (MPACT): It posted a rise in distribution…
Frasers Centrepoint Trust (FCT) posted a higher distribution per unit (DPU) of S$0.06059 for its second half ended Sep 30, from S$0.0602 a year earlier. Revenue for H2 FY2025 came in at…
Kasidit Teerawiboosin, 22, has ridden the wave of Labubu’s success as a reseller in Thailand of toys from Pop Mart, but the days of easily making money flipping the toothy-grinned monsters…
The Trump administration is considering a plan to curb a dizzying array of software-powered exports to China, from laptops to jet engines, to retaliate against Beijing’s latest round of…
SAP expects adjusted profit to be at the upper end of its forecast, which ranged from 10.3 billion euros to 10.6 billion euros SAP, Europe’s most valuable software company, reported…
[MILPITAS, California] In its relentless drive to bring everyday items to customers faster, Amazon has shifted expectations from two-day delivery to same-day and even within an hour. Now,…
EUROPEAN shares nudged lower on Wednesday, after two sessions of gains, as a flurry of lacklustre earnings from major firms including French cosmetics giant L’Oreal and Birkin bag maker…
Oil prices extended gains after settlement on Wednesday, rising by more than US$2 a barrel after the United States imposed sanctions on major Russian oil companies Rosneft and Lukoil. The…
