Entrepreneurship

GSK plans £2 billion share buyback, boosts long-term outlook
The buyback comes after GSK saw earnings per share, excluding some items, at 23.2 pence in the fourth quarterGSK plans to buy back £2 billion (S$3.4 billion) of shares...
Investors eye more share buybacks, special dividends as DBS, OCBC, UOB release Q4 earnings
The local banking trio are due to report their fourth quarter and full year 2024 results in FebruaryINVESTORS are keenly watching the capital management plans of the Singapore banks,...
Thailand to roll out next phase of handout scheme in Q2, plans more stimulus
So far about 17.5 million people have received payments since it started last SeptemberTHAILAND’S government will implement the third phase of its 450 billion baht (S$18 billion) stimulus scheme...
Coinbase urges US regulators to clear path for banks to offer crypto services
The administration is expected to reshape US policy on digital currency, but US bankers have so far remained cautious on cryptocurrenciesCOINBASE Global on Tuesday (Feb 4)renewed its call for...
Singapore shares down on tariffs drag; STI dips 0.2%
SINGAPORE shares closed lower for the third consecutive day on Wednesday (Feb 5), after US President Donald Trump announced tariffs on China – the world’s second-largest economy and a...
China adds Calvin Klein owner and Illumina to blacklist
CHINA placed Calvin Klein owner PVH and US gene sequencing company Illumina to a so-called blacklist of entities, among a series of retaliatory actions after new tariffs ordered by...
Stocks to watch: CICT, Keppel, FLCT, Sabana Reit
THE following companies saw new developments that may affect trading of their securities on Wednesday (Feb 5). CapitaLand Integrated Commercial Trust: Its manager on Wednesday posted a distribution per...
CapitaLand Integrated Commercial Trust’s H2 DPU remains at S$0.0545
THE manager of CapitaLand Integrated Commercial Trust (CICT) posted a distribution per unit (DPU) of S$0.0545 for the second half ended December, unchanged from the previous corresponding period. This...
Google shares slide on spending plans despite sales jump
TECH giant Alphabet, Google’s parent company, reported robust fourth-quarter results on Tuesday, with revenues jumping 12 per cent to US$96.5 billion, but analysts saw reason for concern in costs...
Apple debuts Invites app, AppleCare+ changes in subscription push
APPLE rolled out a new app for creating event invitations and made changes to its AppleCare+ customer support for iPhones, part of a broader push to generate more subscription...
Barbie parent Mattel forecasts annual profit above estimates after steady holiday demand
TOYMAKER Mattel on Tuesday forecast full-year profit above Wall Street expectations after beating holiday quarter estimates, owing to stable demand for its action figures and Hot Wheels vehicles, sending its...
Amazon to face legal action after laying off 1,900 in Quebec
The union also launched a campaign calling on consumers to boycott the multinational by not shopping on its online platform and cancelling Amazon Prime subscriptionsAMAZON.COM’S decision to close all...