Samsung’s chip profit soars after AI fuels demand for memory
Memory chip business is a key pillar of the company’s empire, which spans smartphones and home appliances Samsung Electronics’ semiconductor arm reported a stronger-than-expected rise in…
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UK energy watchdog plans to tackle £4.4 billion consumer debts
Britain’s energy regulator Ofgem announced plans on Thursday to tackle £4.4 billion (S$7.5 billion) of debts built up by customers, which are driving up bills for millions of households.…
CDL Hospitality Trusts Q3 NPI falls 5.6% to S$34.3 million
Net property income (NPI) for CDL Hospitality Trusts (CDLHT) fell 5.6 per cent to S$34.3 million for the third quarter ended Sep 30, from S$36.3 million in the year-ago period. Revenue…
Singapore, Vietnam sign memorandum of cooperation on rice trade
‘Securing global and regional partnerships is essential for ensuring a stable supply of rice for Singapore,’ says Minister Grace Fu Singapore and Vietnam on Thursday (Oct 30) signed a…
Hong Kong central bank cuts interest rate, tracking Fed move
Hong Kong’s de-facto central bank on Thursday lowered its base interest rate by 25 basis points to 4.25 per cent, tracking a cut by the US Federal Reserve. It was the second easing by the…
Stocks to watch: Keppel, Great Eastern, Mapletree Industrial Trust, Hong Leong Asia, CapitaLand China Trust, Starhill Global Reit
The following companies saw new developments that may affect trading of their securities on Thursday (Oct 30): Keppel: Keppel reported a 5 per cent increase in net profit for the first…
Stocks to watch: Keppel, Great Eastern, MIT, Hong Leong Asia, CLCT, Starhill Global Reit
The following companies saw new developments that may affect trading of their securities on Thursday (Oct 30): Keppel: Keppel reported an over 5 per cent increase in net profit for the…
Air Traffic Delays Pile Up as Shutdown Drags On
And it will only get worse. Source link
CapitaLand China Trust’s Q3 net property income down 8.5% at 273.5 million yuan
CapitaLand China Trust posted net property income (NPI) of 273.5 million yuan (S$50 million) for its third quarter ended Sep 30, down 8.5 per cent from 298.9 million yuan in the previous…
Far East Hospitality Trust Q3 net property income declines 1% to S$25.9 million
The managers of FEHT maintain a moderate outlook for the stapled trust given the competitive environment Far East Hospitality Trust (FEHT) posted on Thursday (Oct 30) a net property income…
US Fed chair candidate Rieder says Powell was more hawkish than expected
RICK Rieder, an asset manager on the short list of possible candidates to be the next chair of the Federal Reserve, said on Wednesday he feels interest-rate cuts are in line with a…
Keppel vows to use part of cash unlocked in asset monetisation to reward shareholders
Global asset manager and operator Keppel on Thursday (Oct 30) said it would use part of the cash unlocked from its ongoing asset monetisation – including the proposed divestment of M1’s…
Chinese financials’ earnings growth set to outpace wider market
Optimism on bank stocks is rising, as improved bottom lines bolster the chance for better returns for investors China’s financial sector is on track to outpace the broader market’s…
Great Eastern Q3 net profit up 36% at S$372 million amid higher new business embedded value
Growth is driven by robust results from shareholders’ fund segment, which is up 45% on the year for the nine months ended Sep 30 Insurer Great Eastern on Thursday (Oct 30) posted a net…
Australian Horror ‘Nightfall: A Paranormal Investigation’ Acquired by Black Mandala (EXCLUSIVE)
New Zealand-based sales outfit Black Mandala has acquired “Nightfall: A Paranormal Investigation,” an Australian horror film directed by Myles McEwen and Ripley Stevens, with the…
Airbus profit climbs 14% on defence boost
EUROPEAN plane-maker Airbus said Wednesday its third-quarter net profit surged by 14 per cent to 1.1 billion euros (S$1.66 billion) on the back of strong military and helicopter sales.…
Only True "Harry Potter" Fans Can Ace This Halloween Quiz
You'd better have your spooky Hogwarts knowledge at the ready! View Entire Post › Source link
13 TV And Movie Couples Who Are So Controversial, People Can't Decide To Love Or Hate Them
Rate These TV/Movie Couples: Problematic Or Perfect? Do you ever have those TV or movie couples you love…but know they’re totally bad for each other? Or pairs that seem perfect, but you…
Starbucks sales rebound globally, coffee prices bite margins
Global prices for raw arabica beans are up more than 20% this year after soaring 70% in 2024 Starbucks posted on Wednesday (Oct 29) that its first quarter of gains in global comparable…
Microsoft cloud customers face widespread disruptions
MICROSOFT cloud customers experienced widespread service disruptions on Wednesday after the company said “inadvertent configuration change” affected its widely used Azure service. The bug,…
Barco, the Cinema Projection Company, Expands HDR Format in Germany (EXCLUSIVE)
Barco, the cinema projection company, is expanding its premium HDR by Barco format in Germany. Starting in November, the company will install the Barco HDR format at select Cineplex…
Microsoft‘s massive AI spending draws investor concerns as cloud business booms
MICROSOFT’S spending on artificial intelligence infrastructure soared to a record of nearly US$35 billion in the September quarter, deepening investor concerns about the mounting costs of…
Europe: Shares pause at highs after earnings
EUROPE’S Stoxx 600 was muted on Wednesday as investors awaited the US Federal Reserve’s rate decision later in the day, while parsing through a raft of corporate earnings. The…
US Fed cuts rates by 0.25%, Powell signals December move ‘far from’ certain
US Federal Reserve chair Jerome Powell cautioned investors against assuming the US central bank would follow its second straight interest-rate cut with another in December. The Federal…