Fashion
Sembcorp H2 profit rises 14% to S$471 million
SEMBCORP Industries on Thursday (Feb 27) reported a 14 per cent rise in total net profit to S$471 million for the second half ended Dec 31, 2024, from S$412...
ST Engineering H2 Profit Rises 19.6% To S$365.7 Million
ST ENGINEERING on Thursday (Feb 27) reported a net profit of S$365.7 million for the second half ended Dec 31, up 19.6 per cent from S$305.9 million in the...
Qantas splurges on dividends as strong travel demand boosts profit, shares jump
AUSTRALIA’S flag carrier Qantas Airways on Thursday declared a special dividend for the first time in more than two decades and reported first-half profit ahead of estimates, helped by...
China quant says funds must adopt AI to survive after DeepSeek
DEEPSEEK’S success is intensifying pressure on China’s quantitative hedge funds to embrace artificial intelligence (AI) or risk becoming obsolete, according to one of the most aggressive users of AI...
Trump axes Chevron‘s Venezuela oil license, citing lack of electoral reforms
US PRESIDENT Donald Trump on Wednesday said he was reversing a license given to Chevron to operate in Venezuela by his predecessor Joe Biden more than two years ago, accusing President...
Alphabet’s Google cuts employees in cloud division
The cloud layoffs come as the tech industry’s culling of its corporate workforces has become all but standard in a new yearALPHABET’S Google on Wednesday (Feb 26) cut staffers...
Even as MAS plans an SGX revival, privatisations still take place
Five privatisations have been announced so far this year, including Cuscaden Peak’s offer for Paragon Reit EVEN with moves to revitalise the Singapore stock market and analysts hopeful that...
Stoneweg European Reit H2 DPU sinks 10.7% to 7.056 euro cents
STONEWEG European Real Estate Investment Trust’s (SERT) distribution per unit for the second half ended Dec 31, 2024, fell 10.7 per cent to 7.056 euro cents, from 7.903 euro...
Centurion H2 net profit almost doubles to S$226.6 million
SPECIALISED accommodation-assets operator Centurion Corporation reported a net profit of S$226.6 million for the six months ended Dec 31, 2024, a 97 per cent jump from S$114.8 million in...
3M to return US$10 billion to shareholders, reiterates sales forecast
3M also reaffirmed its annual forecast of organic sales growth in the range of 2% to 3%3M Co said on Wednesday (Feb 26) it would return at least US$10...
