News
HP sees weaker profit on tariffs; will cut over 1,000 jobs
HP GAVE a profit outlook for the current quarter that fell short of expectations, citing the impact of rising component costs and tariffs on goods from China.Earnings, excluding some...
Who is Catherine Wu, the woman said to have a ‘long relationship’ with Kwek Leng Beng?
CDL group chief executive Sherman Kwek says the “primary reason” for the ongoing dispute at the property behemoth relates to “a very serious issue of corporate governance” involving Dr...
Australia taxi fraud cases driven by cabbies, not the company: ComfortDelGro
TAXI fraud cases in Australia reported earlier this month were the work of cab drivers and not its subsidiary taxi company A2B, said ComfortDelGro Group chief executive officer Cheng...
SGX-listed companies have ‘significant room for improvement’ in whistleblowing policies: NUS study
SINGAPORE-LISTED companies are not doing nearly enough when it comes to whistleblowing policies, according to a study by the Centre for Investor Protection (CIP) at NUS Business School. For...
Audi Brussels shuts down, cutting 3,000 jobs as Europe’s auto woes deepen
AN AUDI Factory in Brussels billed as the “cradle” of the German carmaker’s electric drive is shutting down production for good on Friday (Feb 28), the latest sign of...
Tencent releases new AI model, says replies faster than DeepSeek-R1
CHINESE tech giant Tencent on Thursday (Feb 27) released a new AI model that it says can answer queries faster than global hit DeepSeek’s R1, in the latest sign...
IHH Healthcare Q4 earnings edge up 1% to RM732 million
INTEGRATED healthcare operator IHH Healthcare on Thursday (Feb 27) announced net profit of RM732 million (S$221 million) for the quarter ended Dec 31, 2024, up 1 per cent from...
UOL H2 net profit falls 60% in absence of one-time gain
PROPERTY player UOL Group posted a 60 per cent fall in net profit to S$227.8 million for the six months ended Dec 31, 2024. This was mainly due to...
US multifamily homes, offices find favour among private equity investors
THE multifamily sector in the US is fast catching the attention of private equity investors, including those from Asia, such as South Korea’s Samsung SRA Asset Management. One of...
Latest Singapore six-month T-bill cut-off yield slips to 2.75%
THE cut-off yield for Singapore’s latest six-month Treasury bill (T-bill) fell to 2.75 per cent, based on auction results released by the Monetary Authority of Singapore on Thursday (Feb...
