Tag
MITSUBISHI Motors, a junior partner of Nissan Motor, is considering not joining a planned business merger between Nissan and Honda Motor, sources told Reuters on Friday. Mitsubishi Motors…
JPMORGAN Chase lifted chief executive officer Jamie Dimon’s pay to US$39 million for 2024, a year in which the biggest US bank beat its own record for the highest annual profit in the…
US NEWS network CNN will shed six per cent of staff, some 200 people, the outlet said on Thursday as it embarks on a major shakeup of staffing and programming amid a deluge of political…
TEXAS Instruments gave a disappointing earnings forecast for the current period, a sign it’s contending with still-sluggish chip demand and higher costs tied to a factory expansion. Profit…
US main stock indexes opened flat to slightly lower on Thursday (Jan 23), as investors paused after Wall Street’s strong performance in the previous session and focused on corporate…
STARHILL Global Real Estate Investment Trust’s (Reit) distribution per unit (DPU) rose 1.1 per cent to S$0.018 for its first half ended Dec 31, 2024, from S$0.0178 in the year-ago period.…
THE distribution per unit (DPU) for OUE Real Estate Investment Trust (Reit) rose 8.7 per cent to S$0.0113 for the second half of its financial year ended Dec 31, 2024, from S$0.0104 in the…
MAPLETREE Pan Asia Commercial Trust’s (MPACT) distribution per unit (DPU) fell 9.1 per cent to S$0.02 for its third quarter ended Dec 31, 2024, from S$0.022 in the year-ago period. Revenue…
Additional lower-ranking job cuts are also expected in the first quarter, with bank management keen to offset headwinds to earnings from lower interest rates, China’s economic chills and…
GERMANY’S top central bank warned against trade levies, a day after US President Donald Trump reiterated a call for the European Union to buy more American oil and gas if the bloc wants to…
CATHAY Pacific Airways is planning to slash its profit-share payout to its workers by almost 50 per cent. The Hong Kong carrier is only planning to distribute at least four weeks of…
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…
For three years, the renewable energy generated from the farm will be channelled to the national grid A new 18 megawatt-peak ground-mount solar farm located at PSA Singapore’s Keppel…
SOFTBANK Group and OpenAI each plan to commit US$19 billion of capital to Stargate, the US$100 billion US artificial intelligence (AI) endeavour President Donald Trump unveiled this week,…
A RENEWED push by Japan’s biggest banks and other global lenders in India is driving down loan prices with the new players having more appetite for riskier credit, according to the country…
JPMORGAN Chase and Goldman Sachs are pushing back on demands to roll back their diversity initiatives. In television appearances on Wednesday (Jan 22), the chief executive officers of the…
ASCOTT, the wholly owned lodging business unit of CapitaLand Investment, has secured 16 new signings under the Oakwood brand in 2024, up 30 per cent from the previous year. This includes a…
KKR is moving its infrastructure and real estate assets under the same leadership as it looks to capitalise on converging opportunities between the rapidly expanding investing units. Raj…
Upcoming Singapore Budget may give further tax incentives for philanthropy, sustainability SINGAPORE’S strong family office sector will likely continue to boost the wealth management…
Wall Street’s main indexes opened higher on Wednesday (Jan 22), with the benchmark S&P 500 just shy of a record high, as investors cheered streaming giant Netflix’s strong quarterly…
FRASERS Centrepoint Trust (FCT) posted a committed occupancy of 99.5 per cent for its retail portfolio for the first quarter of its financial year ending Sep 30, 2025. This was maintained…
THE distribution per unit (DPU) for Mapletree Industrial Trust (MIT) rose 1.5 per cent to S$0.0341 for its third quarter ended Dec 31, 2024, from S$0.0336 in the prior year. Revenue for…
CHINA said on Wednesday (Jan 22) it will guide big state insurers and commercial insurance funds to increase investments in the A-share market, in a latest move to boost its lagging stock…
GOLDMAN Sachs Group’s alternative investment arm is launching a global infrastructure fund for wealthy individuals, as it ramps up efforts to open the growing private capital industry…
