Business
Permira shuts Hong Kong, Shanghai offices in pivot to India
Permira Holdings is overhauling its Asia strategy, closing offices in Hong Kong and Shanghai and shuffling senior leadership to India,…
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Business
Business
Frasers Hospitality Trust undergoes strategy review
Frasers Hospitality Trust (FHT) is undergoing a strategy review, though there is currently no certainty if its existing business strategy…
Business
Frasers Hospitality Trust undergoes strategic review
Frasers Hospitality Trust (FHT) is undergoing a strategy review, though there is currently no certainty if its existing business strategy…
Business
Gold eases as Trump backs off from threats to fire Fed chair
Gold prices declined on Wednesday (Apr 23) after US President Donald Trump backed off threats to fire the Federal Reserve chair and US…
Business
Keppel Reit Q1 distributable income falls 3.5% to S$48.4 million
Keppel Reit reported on Wednesday (Apr 23) that its distributable income from operations fell 3.5 per cent to S$48.4 million on the year…
Business
Trump Media pushes forward with pivot to crypto, ETF plans
US President Donald Trump’s social media firm, Trump Media & Technology Group, said on Tuesday (Apr 22) it had reached a binding agreement…
Business
Stocks to watch: CDL, Keppel Reit, Paragon Reit, BRC Asia
The following companies saw new developments that may affect trading of its securities on Wednesday (Apr 23). City Developments Limited…
Business
Stocks to watch: CDL, Keppel Reit, Paragon Reit, BRC Asia, Frasers Hospitality Trust
The following companies saw new developments that may affect trading of its securities on Wednesday (Apr 23). City Developments Limited…
Business
Huawei’s expansion in smart driving stirs competition, scrutiny
Chinese smartphone maker Xiaomi’s pivot into cars has become a high-profile success story. Its SU7 is a hit, forecast to sell 350,000…
Business
Tesla says profits plunge 71%, warns of ‘changing political sentiment’
Tesla reported a 71 per cent drop in first-quarter profits on Tuesday (Apr 22) in results that lagged analyst estimates as Elon Musk’s…
Business
German software maker SAP beats operating profit estimates for first quarter
SAP continues to expect cloud revenues in a range of 21.6 billion euros to 21.9 billion euros for the year, the company says German…
Business
Tesla profit falls in the wake of brand controversy and tariffs
Tesla is off to a bumpy start this year. The electric vehicle giant’s profit plunged 71% in the first quarter to $409 million as the…
Business
Trump says he has no intention of firing Fed chief Powell
President Donald Trump said he had no intention of firing Federal Reserve chairman Jerome Powell despite his frustration with the central…
Business
More nominee shareholders, accounts could be detrimental to investor protection
The travails of Dasin Retail Trust (DRT) unitholders continue. From a unit price of around S$0.80 in 2020, the counter’s value has…
Business
European shares close higher as financials, L’Oreal rise; Fed spat still a worry
European shares ended slightly higher on Tuesday (Apr 22) on the back of rising financials and post-earnings gains in L’Oreal, though…
Business
Tesla Earnings Plunge Because Everyone Hates Elon Musk
Elon Musk’s far-right turn as the head of the Department of Efficiency has apparently tanked Tesla’s earnings. In a humiliating…
Business
Donald Trump Is Hell-Bent on Destroying the Economy
Of course, firing Powell won’t accomplish that. Trump himself can’t be chair, and there is no guarantee that a new chair appointed by him…
Business
Woman Studying Abroad in South Korea Finds an Amazing Deal on an Apartment. But You Won't Believe the Catch (Exclusive)
When Lydia R., who goes by @lydyagami on TikTok, decided to attend Ewha Womans University in Seoul, South Korea, one of the first things…
Business
Sales Automation: Robot Takeover or Helper?
In today’s fast-paced business world, companies are constantly looking for ways to streamline their processes and improve efficiency.…
Business
Rangers Predicted To Acquire $6 Million Pitcher In Blockbuster Trade
By Zach Pressnell is a Newsweek contributor based in Columbus, Ohio. His focus is MLB content. He has an extensive knowledge of…
Business
Denmark to invest around $615 million to renew Navy, Home Guard fleets
PARIS — Denmark will invest about 4 billion Danish kroner (US$615 million) through 2033 in the country’s Navy and Home Guard fleets,…
Business
Boeing to sell Jeppesen unit to Thoma Bravo for US$10.55 billion
Boeing said on Tuesday (Apr 22) it would sell portions of its Digital Aviation Solutions business, including navigation unit Jeppesen, to…
Business
US: Wall Street opens higher after selloff
Wall Street’s main indexes jumped at the open on Tuesday (Apr 22), as investors turned their focus to corporate earnings after President…
Business
BRC Asia signs pact to buy majority stake in Southern Steel Mesh for RM61 million
Steel fabricator BRC Asia said on Tuesday (Apr 22) it has entered into a conditional share purchase agreement to buy a controlling stake…