Business
Hong Kong bourse operator to shift headquarters in US$812 million deal
Hong Kong’s bourse operator will shift its headquarters, it said on Thursday (Apr 24) and will take over the top nine floors of a building…
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Business
Business
Binance billionaire Zhao guides regulators to relax crypto rules
Crypto’s richest man, Changpeng Zhao, was in a playful mood as he addressed a packed house at the Ritz-Carlton in Kuala Lumpur, just seven…
Business
Nissan sees 750 billion yen loss as restructuring charges mount
Nissan Motor said it will post a net loss of as much as 750 billion yen (S$6.9 billion) for the fiscal year that ended in March as…
Business
Suntec Reit posts 3.4% rise in Q1 DPU to S$0.01563
Suntec Real Estate Investment Trust’s (Reit) distribution per unit (DPU) rose by 3.4 per cent to 1.563 Singapore cents for its first…
Business
Tim Walz Celebrating Tesla’s Falling Stock Price Raises Deeper Questions About State Pensions
Walz is chairman of Minnesota’s state investment board, but he seems worryingly clueless about how funds are invested. Source link
Business
Sats appoints new group CFO as part of leadership renewal
In-flight caterer and ground handler Sats said on Thursday (Apr 24) that it has appointed a new chief financial officer as part of its…
Business
OUE Reit posts 11.9% fall in Q1 revenue to S$66 million
OUE Reit’s revenue fell 11.9 per cent to S$66 million for its first quarter ended Mar 31, from S$74.9 million in the year-ago quarter.…
Business
CapitaLand India Trust Q1 total property income up 14% at 4.7 billion rupees
This is due to higher rental income from existing properties and income contributions from the acquisitions it made in 2024, says manager…
Business
Nestle sales rise on price hikes for coffee, cocoa products
Nestle’s sales rose as the maker of Nespresso and KitKat candy bars increased prices to counter soaring costs for coffee and cocoa.…
Business
Toyota inks deal for wholly owned Lexus factory in Shanghai
Toyota Motor is set to become only the second carmaker after Tesla to operate a wholly owned factory in China after it formally agreed…
Business
Singapore stocks end flat on Thursday; markets across Asia end mixed
Local stocks ended Thursday (Apr 24) muted, following a mixed performance in other Asian markets after China signalled its openness to…
Business
Nissan unveils all-new plug-in hybrid pickup at Auto Shanghai
Nissan Motor Corporation unveiled its all-new Frontier Pro plug-in hybrid (PHEV) pickup truck at the Auto Shanghai 2025 show this week,…
Business
Huawei raises record 20 billion yuan in Chinese debt issuance spree
The parent of Huawei Technologies is tapping low borrowing costs in China’s credit market to raise a record amount of debt, as trade…
Business
China’s central bank chief warns trade frictions threaten trust in world economy
Pan joins annual meetings of IMF, World Bank talks in Washington with US, EU and G20 members China’s central bank chief Pan Gongsheng…
Business
BNP looks past tariff slowdown fears after investment bank boost in Q1
FRANCE’S BNP Paribas reported first-quarter earnings in line with expectations thanks to rising sales at its investment bank, and stuck…
Business
Cars didn’t arrive after months – so Singapore dealer for China EV brand Neta closed: sources
The abrupt closure of Evology Automobile – the dealer/distributor for China automotive brand Neta – earlier this month happened because…
Business
Nokia posts quarterly profit miss, flags disruption from Trump's tariffs
Comparable operating profit fell to 156 million euros (S$232.7 million) in the first quarter of 2025 Nokia reported first-quarter profit…
Business
Revolut Singapore in the black, targets South-east Asia
Neobank Revolut announced that its Singapore operations turned profitable, amid a continuing streak in the black for the wider company in…
Business
Vietnam Airlines signs funding deal with Vietcombank for 50 narrow-body planes
Flag-carrier Vietnam Airlines said on Thursday (Apr 24) it had signed a memorandum of understanding with the country’s top lender…
Business
Asia: Markets mostly up as Trump soothes Fed fears
Asian markets were mixed on Thursday (Apr 24) after US President Donald Trump said he had “no intention” of firing the US central bank…
Business
Vietnam’s VinFast to open India factory on Jun 30, Indonesia plant in October
The strategy shift follows the delayed the opening of a factory in North Carolina by three years to 2028 Vietnamese electric vehicle maker…
Business
Marina Bay Sands Q1 revenue holds steady at US$1.2 billion amid strong operating environment
Net revenue for Marina Bay Sands (MBS) remained steady at around US$1.2 billion for Q1, with the business improving service offerings and…
Business
Las Vegas Sands drops out of contest to develop New York City area casino
Applications are due in June, with a final decision expected by December, according to the New York State Gaming Facility Location Board…
Business
Keppel’s Q1 net profit jumps more than 25%; expects limited direct tariff impact
Keppel reported on Thursday (Apr 24) a strong Q1 performance for 2025, with net profit rising more than 25 per cent year-on-year. These…