Business
South-east Asia may see most gas projects approved in a decade
South-east Asia could this year see the highest number of final investment decisions on gas projects in a decade, which could potentially…
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Business
Business
Samsung Electronics drops Q2 outlook due to trade uncertainties
Samsung Electronics on Wednesday dropped its business outlook for the current quarter and warned US tariff policies could cut demand for…
Business
Stocks to watch: Wilmar, ST Engineering, Sheng Siong, Starhill Global Reit, FEHT, CDLHT, First Reit, IReit Global
The following companies saw new developments that may affect trading of their securities on Wednesday (Apr 30). Wilmar International: The…
Business
CDL Hospitality Trusts Q1 NPI slides 14.2% to S$30 million on lower revenue
Net property income (NPI) for CDL Hospitality Trusts (CDLHT) fell 14.2 per cent to S$30 million for the first quarter ended March 31, from…
Business
Far East Hospitality Trust Q1 net property income falls 8.3% to S$23 million
Far East Hospitality Trust’s (FEHT) net property income fell 8.3 per cent year on year to S$23 million for the first quarter ended March,…
Business
AIA Group’s value of new business jumps on strong Hong Kong sales
Kong-based insurer AIA Group reported a 13 per cent rise in its first-quarter value of new business (VONB) on Wednesday, bolstered by its…
Business
Starbucks Profit Drops, but Leaders Say Turnaround Is Working
Faster coffee. More baristas. More seating. Despite headwinds from higher coffee prices and tariffs on certain products, Starbucks is…
Business
Visa earnings top estimates as spending on network stays strong
The company also says at the investor day that it expects its value-added services to account for more than half of total revenue in…
Business
ASM’s orders beat estimates on strong demand from China
ASM International’s first-quarter orders beat estimates, fuelled by high demand for chipmaking equipment in artificial intelligence (AI)…
Business
UK sets out new rules for crypto as it aligns with US on approach
Britain will bring cryptocurrencies under compulsory regulation, finance minister Rachel Reeves said on Tuesday as the government…
Business
Are the “Magnificent Seven” Still Magnificent?
Have you been following the recent drop in tech stocks? If so, you’ve likely noticed that even the strongest names in the market — the…
Business
Oil prices fall 2% to two-week low as trade war concerns dampen demand outlook
Oil prices fell about 2 per cent to a two-week low on Tuesday as investors braced for Opec+ to boost output and worried US President…
Business
Europe: Earnings-driven moves take Stoxx 600 to sixth consecutive daily gain
EUROPEAN shares extended gains to a sixth session on Tuesday, with financials giving support following earnings from HSBC and Deutsche…
Business
US: Stocks rally as Trump tempers auto tariffs
Wall Street stocks rose on Tuesday as markets digested mixed earnings while applauding a move by President Donald Trump to ease tariffs on…
Business
Starbucks says turnaround on track as sales decline persists
Starbucks’ chief executive officer said he’s confident the company’s turnaround is progressing even though a key gauge of sales declined…
Business
How Smart Logistics Can Supercharge Your Startup’s Growth
Building a startup’s like racing a car you’re still tinkering with—product design and marketing get all the love, while logistics often…
Business
UPS Says It Will Cut 20,000 Jobs in Efficiency Drive
UPS said on Tuesday that it would cut 20,000 jobs this year as part of a long-term plan to reduce costs and bolster profit. The cuts come…
Business
Indonesia’s state banks eye bigger share of growing wealth market in Singapore
Bank Negara Indonesia (BNI) and Bank Mandiri, Indonesia’s state-owned banks, are pulling out all the stops to make their mark in…
Business
New wave of SME buyers mining for ‘diamonds in the rough’ in Singapore, Asean
New types of buyers are emerging for small and medium-sized enterprises (SMEs). Unlike traditional private equity (PE) firms, these niche…
Business
Grid-scale battery storage companies make $100B US manufacturing pledge
A coalition of companies making and using large batteries for energy storage on the electric grid announced Tuesday a $100 billion…
Business
Noatum to acquire fully electric Artemis EF-12 Pilot boat
Noatum Maritime, a division of AD Ports Group’s Maritime & Shipping Cluster, has reached an agreement with Artemis Technologies to acquire…
Business
ST Engineering unit to issue US$750 million 4.25% notes due 2030
They will be issued under the company’s S$5 billion global medium-term note programme A wholly owned subsidiary of Singapore Technologies…
Business
Malaysia's Petronas and Commonwealth LNG in talks for term supply
Petronas is in talks to buy at least one million metric tons per annum (mtpa) of LNG from Commonwealth LNG Malaysian state-owned oil and…
Business
US: S&P 500, Nasdaq open lower as investors eye trade developments, earnings
The S&P 500 and the Nasdaq fell at the open on Tuesday (Apr 29), while the Dow was flat as investors assessed a mixed bag of corporate…