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MAERSK on Thursday (Feb 6) said it expects to grow its business to track an expected 4 per cent growth in global container shipping this year, even as profits are set to decline and US…
HSBC upgraded its rating on ride-hailing giant Grab to a “buy” on attractive valuations and “intact” growth drivers, while Maybank maintained its buy rating. On Tuesday (Feb 4), its…
UBER Technologies reported weaker-than-expected fourth-quarter earnings and operating income, overshadowing steady bookings growth. Adjusted earnings before interest, taxes, depreciation…
INTERNATIONAL Business Machines (IBM) gave a stronger-than-expected revenue growth outlook for the coming years led by the expansion in its software business. Long-term sales will increase…
In the fourth quarter, premium subscribers rose 11 per cent to 263 million, compared with Visible Alpha estimates of 260 million. SPOTIFY forecast first-quarter profit above market…
COPENHAGEN — Times are changing for Copenhagen Fashion Week, and the buzz is fading. Some of the city’s hottest brands, such as Cecilie Bahnsen and Ganni, have moved their shows to Paris,…
SANOFI said it will repurchase five billion euros (S$7 billion) of stock and grow profits more quickly this year as the drugmaker pivots away from consumer health to focus on fast-growing…
SOUTH Korea’s Hyundai Motor said on Thursday (Jan 23) it is in talks with General Motors to supply commercial electric vehicles to its US peer, as it expects sales growth to halve this…
China's vehicle export growth is expected to temper to 5.8%, reaching 6.2 million units this year, a significant deceleration from the 19.3% surge experienced in 2024, according to China…
BEIJING (Reuters) - China has ample fiscal policy space and tools to support economic growth this year and it will step up spending to spur investment, Vice Finance Minister Liao Min said…
MARKET consolidation and new entrants stole the e-commerce industry headlines in 2024. But market watchers say the year ahead will be more rational in this space, with customers across…
The focus is on unit economics and enhancing the customer experience Source link
The analyst expects its acquisition in France, in-built rent escalation in Singapore to support DPU growth MAYBANK Securities has initiated coverage on Parkway Life Real Estate Investment…
Gov. Gavin Newsom’s constant reminders that California’s economy ”leads the nation” as well as being a model for social justice are delusional. To be sure, California has a huge GDP, paced…
It seems unlikely another suitor will be easily found – at least not without Income’s shareholders being prepared to accept a much lower offer price THE withdrawal of Allianz’s offer for…
KGI Securities has initiated coverage on Elite UK Real Estate Investment Trust (Reit) with an “outperform” rating while highlighting it as a high-yielding Reit with government-backed…
Patrick Soon-Shiong had become accustomed to making the news. He was the doctor and medical technology innovator who built a fortune, the striving South African immigrant who bought a…
Introduction Digital gift cards have revolutionized the retail world, offering consumers unmatched convenience and businesses a powerful tool for growth. As the shift from physical to…
Governments in the region are welcoming of supply chain shifts, says the bank’s co-head of corporate banking THE South-east Asia region is favoured for its relative stability, geographic…
APPLE has the slowest revenue growth among Big Tech stocks and is facing tariff-related risks going into Donald Trump’s second term. None of that is holding back the stock. The shares are…
ASIA-Pacific’s (Apac) ultra wealthy had the fastest growing fortunes among billionaires across the globe over the last decade, a UBS report found on Thursday (Dec 5). The wealth of Apac’s…
THE yuan fell to the lowest level in about a year versus the greenback, as traders added bearish wagers on lacklustre China growth amid risks of higher US tariffs. The onshore yuan fell as…
LVMH-owned jeweller Bulgari is looking to India to mitigate the effects of faltering luxury demand in China amid an economic slowdown. Bulgari is expanding its footprint in India to take…
Its three major hubs in Incheon, Tokyo and Singapore are full-sized warehouses capable of life science logistics to serve the biomedical and pharmaceutical industries THE idea that…
