News

OCBC misses estimates with Q4 earnings of S$1.69 billion; unveils S$2.5 billion capital return plan
OCBC on Wednesday (Feb 26) posted a net profit of S$1.69 billion for the fourth quarter ended December, up 4 per cent from S$1.62 billion in the previous corresponding...
Google loses fight on Android Auto access, bodes ill for Big Tech
ALPHABET unit Google’s refusal to let an Enel e-mobility app access its Android Auto platform can be considered an abuse of its market power, Europe’s top court said on...
US: S&P 500, Nasdaq muted as US plans tighter curbs on chip exports to China
The benchmark S&P 500 and the Nasdaq had a subdued start on Tuesday (Feb 25) as markets braced for the potential impact of more stringent US trade controls on...
Shell expects 60% rise in global LNG demand by 2040 as Asia leads growth
GLOBAL demand for liquefied natural gas is estimated to rise by around 60 per cent by 2040, driven largely by economic growth in Asia, AI impact and efforts to...
Teens are spilling dark thoughts to AI chatbots. Who’s to blame when something goes wrong?
When her teen with autism suddenly became angry, depressed and violent, the mother searched his phone for answers. She found her son had been exchanging messages with chatbots on...
OCBC, UOB poised to gain most from JS-SEZ; DBS could seek to expand Malaysia footprint: analysts
The zone will enable the banks with networks that are entrenched in the two markets to gain from stronger investment flowsAMONG the trio of local banks, OCBC and UOB...
‘Worst is over’: Analysts bullish on Raffles Medical’s potential China turnaround; DBS, Maybank upgrade to ‘buy’
ANALYSTS have raised their target prices on private healthcare provider Raffles Medical amid expectations of an earnings recovery, which could be accelerated by a potential turnaround in the group’s...
‘Worst is over’: Analysts bullish on Raffles Medical’s potential China turnaround; Maybank upgrades to ‘buy’
ANALYSTS have raised their target prices on private healthcare provider Raffles Medical amid expectations of an earnings recovery, which could be accelerated by a potential turnaround in the group’s...
Law firm HFW expands Hong Kong office to Hongkong Land’s tower
HFW will have more space in the new office, in contrast with the recent downsizing efforts by some of its international peersHONGKONG Land Holdings signed UK law firm Holman...
Nissan shares drop after Musk denies Tesla investment report
SHARES of Nissan Motor plunged as much as 10 per cent, the most in three weeks, after Tesla chief executive officer Elon Musk dismissed a report that he was...
US securities regulator closes investigation into Robinhood’s crypto arm with no action
ROBINHOOD said the US securities regulator had closed its probe into the retail trading firm’s crypto arm with no action, as it seeks to revamp policing of digital assets...
Gold steadies near all-time high on Trump tariff concerns
GOLD prices hovered near a record high on Tuesday (Feb 25), supported by safe-haven demand amid concerns over US President Donald Trump’s tariff plans which could fuel inflation and...