Culture
Wilmar posts 39.4% fall in H2 net profit on absence of year-ago gain, weak sugar price
AGRIBUSINESS Wilmar International posted a 39.4 per cent fall in net profit to US$590.2 million for the six months ended December 2024.…
Kim Browne
As an editor at VanityFair Fashion, I specialize in exploring Lifestyle success stories. My passion lies in delivering impactful content that resonates with readers and sparks meaningful conversations.
Culture
Genting Singapore posts 34% fall in H2 net profit to S$222 million
GENTING Singapore posted a 34 per cent fall in net profit to S$222 million for the half-year ended Dec 31, 2024, from S$334.9 million in…
News
Clean Energy Was Lifting Manufacturing. Now Investment Is in Jeopardy.
American manufacturing has been in the doldrums for years, battered by high borrowing costs and a strong dollar, which makes exports less…
News
A Strong Dollar Means Bargains for Americans Traveling Abroad
Last August, a hotel room in Europe priced at 200 euros was about $224. Today, travelers spending American dollars would pay only $208. On…
Culture
Singapore shares decline amid hawkish Fed minutes; STI loses 0.2%
SINGAPORE equities ended Thursday (Feb 20) lower, as markets reacted to the US Federal Reserve’s January meeting minutes. The local…
Culture
Singapore shares decline amid hawkish Fed minutes; STI down 0.2%
Across the broader market, losers beat gainers 320 to 205, after 1.5 billion securities worth S$1.4 billion change hands SINGAPORE stocks…
Culture
TikTok cuts trust and safety jobs in Singapore as part of global layoffs
AT LEAST a dozen TikTok employees in Singapore were let go with immediate effect, as the firm trimmed its back-end teams globally to…
Culture
DeepSeek rally helps Chinese tech firms raise more funds
Listed Chinese companies have raised more than US$1 billion globally through placements so far this year, with most of it in February THE…
Culture
Singapore’s Abaxx Exchange plans gold futures as metal surges
SINGAPORE’S Abaxx Exchange plans to introduce gold futures in the coming months, with prices setting fresh records this year as traders…
Culture
Growth in global private equity deal flow may be slower than expected this year: Preqin
INVESTORS forecasting a quick uptake in global private equity (PE) activity this year may be disappointed, especially if the gap in…
Culture
Airbus sets modest 2025 jet delivery goal amid supply snags
AIRBUS estimated it will deliver 820 aircraft this year, setting modest target as the planemaker contends with trade tensions, persistent…
Culture
Most US manufacturers forecast layoffs at Vietnam operations with Trump tariffs: survey
MOST US manufacturers surveyed by the American Chamber of Commerce (AmCham) in Vietnam said they would be likely forced to lay off workers…
Culture
Japan’s Suzuki aims to boost sales by a third by 2030, invest heavily in India
JAPANESE small car maker Suzuki Motor said it will target 4.2 million vehicles in global sales in five years’ time – an increase of nearly…
Culture
Analysts raise target prices, dividend estimates on UOB as they get positive on earnings outlook
Maybank forecasts return on equity to increase, thereby driving higher valuations ANALYSTS have raised their target prices for UOB after…
Culture
Lenovo’s profit beats estimates as AI fuels PC recovery hopes
Investors are betting that PC makers from HP to Dell Technologies will benefit in 2025 as consumers pick up devices with more AI features…
Culture
KKR wins control of US$4.4 billion Fuji Soft after clash with Bain
The scramble to take Fuji Soft private is rooted in the value of the software company’s trove of human resources and real estate KKR has…
News
Delta Offers $30,000 to Passengers on Plane That Crashed in Toronto
Delta Air Lines said on Wednesday that it was offering $30,000 to each passenger who was aboard the flight from Minneapolis that crashed…
Culture
Manulife US Reit to sell Plaza office building for US$40 million as H2 distributable income falls 57.6%
THE manager of Manulife US Real Estate Investment Trust (Reit) reported on Thursday (Feb 20) that its distributable income fell 57.6 per…
Culture
‘Significant’ investor interest in South-east Asia’s wellness real estate sector amid global boom: CLI
INVESTOR interest in wellness real estate is steadily on the rise and South-east Asia offers significant opportunities within its health…
Culture
Singapore, Malaysia, Thai Wellness Real Estate a Compelling Story for Investors
INVESTOR interest in wellness real estate is steadily on the rise and South-east Asia offers significant opportunities within its health…
Culture
Rio Tinto opposes bid to cut London listing, 2024 profit hits five-year low
RIO Tinto does not support a push by some shareholders to consolidate the company’s dual-exchange share listing in Sydney, its CEO said on…
Culture
Singapore shares open lower on Thursday; STI down 0.4%
SINGAPORE stocks declined on Thursday (Feb 20) morning, tracking overnight losses in European markets. As at 9.01 am, the Straits Times…
News
Trump Urged to Halt Firings at the F.A.A.
The Trump administration is facing pressure to protect the Federal Aviation Administration from further layoffs after hundreds of workers…
Culture
Stocks to watch: Seatrium, SingPost, Sasseur Reit, CSE Global, United Hampshire US Reit
THE following companies saw new developments that may affect trading of their securities on Thursday (Feb 20). Seatrium: It announced on…