Business
Stocks to watch: Mapletree Logistics Trust, SingPost, Stoneweg E-Reit, Sabana Industrial Reit
THE following companies saw new developments that may affect trading of their securities on Wednesday (Jan 22): Mapletree Logistics Trust…
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Business
SingPost names former CFO of Australia business Isaac Mah as group CFO
SINGAPORE Post (SingPost) has appointed Isaac Mah as its group chief financial officer (CFO), effective Wednesday (Jan 22). This comes…
Business
Meta plans Oakley-branded glasses, explores watches and earbuds
META Platforms is working on upgrades to its popular smart glasses and is exploring new wearable devices such as watches and…
Business
United Airlines offers an upbeat outlook on improved pricing power
UNITED Airlines on Tuesday forecast a stronger-than-expected profit in the current quarter, after its earnings topped Wall Street…
Fashion
Beauty industry hooked on TikTok braces for an uncertain future
SATURDAY (Jan 19) night gave hundreds of millions of Americans a taste of what life without TikTok would look like, and at least one brand…
Business
Adidas seals turnaround year with strong fourth-quarter sales
ADIDAS reported what it said were better than expected preliminary fourth-quarter results on Tuesday (Jan 21), with strong sales and…
Business
Charles Schwab’s fourth-quarter profit soars on higher asset management fees
BROKERAGE firm Charles Schwab said on Tuesday (Jan 21) that its profit rose 44 per cent in the fourth quarter driven by a jump in asset…
Culture
Netflix posts record quarter thanks to sports, ‘Squid Game’
NETFLIX closed 2024 with its biggest quarterly subscriber gain in history, benefiting from its first major live sporting events and the…
Business
Alternative asset classes regain favour as interest rates tick down
Rate cuts are just one of the many factors driving investors to seek returns outside of equities THE cutting of interest rates by the US…
Business
UBS CEO signals job cuts will continue in quest to lower costs
UBS Group chief executive officer Sergio Ermotti said he will keep cutting headcount in the wake of the historic acquisition of Credit…
Business
Indonesia fines Google 202 billion rupiah for unfair business practices
INDONESIA’S antitrust agency on Tuesday (Jan 21) ordered Google to pay fines about 202 billion rupiah (S$16.8 million) for unfair business…
Politics
Investors should ‘take a step back’ to spot opportunities for Asean amid Trump tariffs: JPMorgan
EVEN as US President Donald Trump stirs up the market with a barrage of executive orders, JPMorgan’s chief market strategist for the…
Business
Goldman Sachs picks leaders to run Wall Street engines in major revamp
GOLDMAN Sachs Group is preparing to promote a slate of star executives to run its biggest Wall Street business lines, spotlighting the…
News
US: Wall St opens higher with all eyes on President Trump's trade policy
Wall Street’s main indexes opened higher on Tuesday (Jan 21), as investors assessed newly elected President Donald Trump’s executive…
Business
Mapletree Logistics Trust posts 11.1% fall in Q3 DPU to S$0.02003
THE distribution per unit for Mapletree Logistics Trust (MLT) fell 11.1 per cent to S$0.02003 for its third quarter ended Dec 31, 2024,…
Business
Aramco chief expects additional oil demand of 1.3 million bpd this year
SAUDI oil giant Aramco’s chief executive Amin Nasser said on Tuesday (Jan 21) he sees the oil market as healthy and expects an additional…
Business
Sabana Reit posts 32.2% rise in H2 DPU to S$0.0152, with 10% kept for capital management
SABANA Industrial Real Estate Investment Trust (Reit) posted a distribution per unit (DPU) of S$0.0152 for the half-year ended Dec 31,…
Business
Easing tariff fears cement bets on ECB rate cut next week
EUROPEAN Central Bank policymakers are likely breathing a sigh of relief that the new US administration did not impose the blanket trade…
Business
Comac jets for Vietnam show China’s push for international market
CHINA’S drive to break into foreign aviation markets with its homegrown Comac jets has intensified, with a push to persuade Vietnam to…
Politics
Trump’s return to White House will bring trade ructions, StanChart CEO says
GLOBAL trade flows will suffer from “interesting ructions” as the new administration of US President Donald Trump settles in, Standard…
Politics
Banks running Trump ‘war rooms’ as trade ructions expected
BANKERS at JPMorgan worked through the night in a “war room” to try and assess the early impact of US President Donald Trump’s…
Business
UBS halts margin loans on some New World Development securities
UBS Group halted accepting some bonds and shares of New World Development as collateral for margin loans, joining other global lenders in…
Business
Apple’s iPhone sales in China plunged 18% in holiday quarter
SALES of Apple iPhones dived 18.2 per cent in China during the December quarter, according to independent research, a major setback for…
Business
Apple’s iPhone sales in China plunge 18% in holiday quarter
SALES of Apple iPhones dived 18.2 per cent in China during the December quarter, according to independent research, a major setback for…