Business
SIA Engineering Q3 net profit up 19.7% to S$38.2 million
SIA Engineering (SIAEC) reported that its net profit for the third quarter ended Dec 31, 2024, increased 42 per cent to S$38.2 million,…
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Business
Business
Why Investors Appear Unfazed by the Latest Trump Tariffs
Elon Musk’s growing power in government appears to be making some of his businesses more of a magnet for investors. Case in point: Banks…
Business
Paragon Reit appoints PrimePartners as IFA for privatisation offer
PARAGON Real Estate Investment Trust (Reit) has appointed PrimePartners Corporate Finance as the independent financial adviser (IFA) for…
Business
Porsche to cut another 2k jobs in Germany by 2029
Carmaker Porsche is reportedly planning to layoff an additional 1,900 people in Germany by 2029, following a review of an ongoing…
Business
Fu Yu warns of loss for FY2024 on non-cash impairments of S$4 million
Excluding these, the group expects to post an operating profit and an improvement in financial performance for the fiscal year…
Business
Safeway closing another California store
Supermarket chain Safeway announced another store closure in the Bay Area, sparked by issues that have disrupted other businesses across…
Business
Singapore shares buck regional trend; STI slides 0.1%
SINGAPORE shares ended in the red on Friday (Feb 14), after hitting a record high earlier in the week. The benchmark Straits Times Index…
Business
Singapore shares buck regional trend; STI slips 0.1%
SINGAPORE shares ended in the red on Friday (Feb 14), after hitting a record high earlier in the week. The benchmark Straits Times Index…
Business
AI to transform wealth management, Microsoft executive says
ARTIFICIAL intelligence will bring major upheaval to wealth management, a Microsoft executive said, as the technology’s potential to…
Business
DeepSeek Doesn’t Scare OpenAI, Thanks to the ‘Jevons Paradox’
Economic jargon is usually confined to textbooks and business school seminars. But every once in a while, something happens in the world…
Business
SGX falls 6% as initial MAS review group proposals dampen earlier optimism; Citi downgrades to ‘sell’
The counter could potentially give up much of its gains since unveiling its first-half results CITI Research has downgraded its call on…
Business
SGX falls 5.8% as initial MAS review group proposals dampen earlier optimism; Citi downgrades stock to ‘sell’
The counter could potentially give up much of its gains since unveiling its first-half results SHARES of Singapore Exchange (SGX) fell as…
Business
Power surge: IEA projects sharp rise in global electricity demand
Researchers at the International Energy Agency project a surge in global demand for electricity in the coming three years as electric…
Business
Where China’s Exports Begin: Inside the Vast Markets of Guangzhou
Rows of white concrete buildings near the Pearl River in southern China house one of the world’s fastest-growing industries: Gritty…
Business
"Wordle" today #1,336 hints and answer for Friday, February 14 game
Sweeten your Valentine's Day with a Wordle winning streak thanks to Newsweek's helpful clues. The word-based game, created by software…
Business
Thorny problems with Valentine’s roses: Invasive bugs and toxic pesticides hurt Kenya’s exports
ISINYA, Kenya (AP) — The red rose: a token of love for many, and for Kenya, a major economic sector. More than a third of Kenya's flower…
Business
Geopolitical concerns add to woes for pre-IPO activity, M&As for Chinese companies
GROWING geopolitical concerns from the trade tensions between the US and China are compounding an already-cautious outlook among investors…
Business
Maybank upgrades Singtel’s AIS to buy, raises price target on further profit growth expectations
Maybank Securities upgraded Singtel’s Thai associate Advanced Info Service (AIS) to “buy” from “hold”, due to a strong outlook and healthy…
Business
Yahoo News signs up influencers with promise of shared advertising sales
YAHOO has signed up nearly 100 YouTube, TikTok and Instagram creators to draw traffic to its website, recognition that millions of people…
Business
Singapore shares retreat at Friday’s open; STI down 0.2%
SINGAPORE stocks declined on Friday (Feb 14) morning, despite data from the Ministry of Trade and Industry showing that the city-state’s…
Business
Joann Customers React to Store Closings and Bankruptcy
Crafters, quilters, knitters and makers across the country received bleak news on Wednesday when they learned that Joann, the…
Business
Stocks to watch: Thai Beverage, Civmec
THE following companies saw new developments that may affect trading of their securities on Friday (Feb 14): Thai Beverage (ThaiBev): The…
Business
Stocks to watch: Thai Beverage, Civmec, Singapore Exchange, iFast
THE following companies saw new developments that may affect trading of their securities on Friday (Feb 14): Thai Beverage (ThaiBev): The…
Business
Arm recruits from customers as it plans to sell its own chips
ARM has begun recruiting from its own customers and competing against them for deals as it pushes toward selling its own chips, according…