News
BlackRock plans to hire 1,200 people for ramp-up in India
BLACKROCK plans to hire nearly 1,200 people to expand two support hubs in India and build out its artificial intelligence (AI) capabilities in the country, according to sources familiar...
AMD tumbles after giving disappointing outlook for AI growth
ADVANCED Micro Devices (AMD) tumbled in late trading after giving a disappointing outlook for its data centre business, an area where it’s struggling to catch up with artificial intelligence...
Panama considers cancelling port deal with Hong Kong firm
PANAMA is weighing whether to cancel its contract with the Hong Kong-based company that operates ports near the Panama Canal, according to sources with knowledge of the situation, a...
Singapore shares rise at Wednesday’s open; STI up 0.2%
SINGAPORE shares started trading in positive territories on Wednesday (Feb 5), mirroring global markets.
As at 9.01 am, the Straits Times Index (STI) was up 0.2 per cent or...
Keppel H2 profit from continuing operations up 19.9% to S$527.9 million
KEPPEL recorded a profit from continuing operations of S$527.9 million for its second half ended Dec 31, up 19.9 per cent from S$440.3 million in the year-ago period. Including profit...
Chipmakers say Trump’s tariff threats cloud their outlooks
IN A semiconductor industry that’s been struggling with an oversupply of chips and weak demand, Infineon Technologies navigated its way through the turbulence and offered some hope for the...
Apple debuts Invites app, Care+ 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...
IBM gives long-term sales growth outlook that tops expectations
INTERNATIONAL Business Machines (IBM) gave a stronger-than-expected revenue growth outlook for the coming years led by the expansion in its software business.Long-term sales will increase more than 5 per...
Shein, Temu, Amazon Haul set for price hikes as US shuts trade loophole
SHEIN, Temu and Amazon Haul prices are likely to rise for American shoppers, analysts and industry experts said, after US President Donald Trump this week shut a trade loophole...
Spotify forecasts profit above estimates on subscriber growth, price increases
In the fourth quarter, premium subscribers rose 11 per cent to 263 million, compared with Visible Alpha estimates of 260 million. SPOTIFY forecast first-quarter profit above market estimates on...
Singapore’s Syfe makes A$65 million bid for Australian investing platform SelfWealth
SINGAPORE-BASED digital wealth platform Syfe on Tuesday (Feb 4) said it made a non-binding indicative offer to acquire SelfWealth, an Australia-listed digital investing platform, for A$65 million (S$54.7 million).In...
