Business
Hwa Hong, Wing Tai, Teo family consortium launches bid to take Amara private at S$0.895 a share
Amara on Monday (Apr 28) received a voluntary conditional general offer at S$0.895 per share from a consortium led by property company Hwa…
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Business
Hongkong Land to sell 147,025 sq ft of One Exchange to HKEX, launch share buyback programme
Property group Hongkong Land will sell 147,025 square feet (sq ft) of One Exchange Square to Hong Kong’s stock exchange operator for…
Business
Hongkong Land to sell 147,025 sq ft of One Exchange to HKEX, and launch share buyback programme
Asian property developer Hongkong Land will sell 147,025 square feet (sq ft) of One Exchange Square to Hong Kong’s stock exchange operator…
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
CDL unit raises offer for M&C New Zealand to NZ$2.80 a share
The higher offer reflects 60% premium to 1-month volume weighted average share price of NZ$1.75 City Developments Ltd’s (CDL) wholly owned…
Business
ICP receives S$0.009 per share exit offer from major shareholder Aw Cheok Huat
AW CHEOK Huat, a major shareholder of hospitality player ICP, has launched a voluntary offer to take the company private at S$0.009 per…
Business
Director acquisitions and share buybacks surge
[singapore] Over the five trading sessions from Apr 4 to 10, institutions were net sellers of Singapore stocks, with net institutional…
Business
UBS sticks to US$3 billion share buyback plan despite capital changes, global uncertainty
[LUCERNE, Switzerland] UBS chairman Colm Kelleher on Thursday (Apr 10) reiterated the Swiss bank’s intention to repurchase shares to the…
Business
Imran Khan supporters share manipulated clip of former chief justice
Imran Khan's political party has publicly criticised retired Supreme Court chief justice Qazi Faez Isa of bias in handling legal cases…
Business
Tesla shares drop amid auto tariffs and 'brand crisis'
Tesla shares took a hit Monday after a leading analyst slashed his price target by more than 40%, citing a “perfect storm” created by…
Business
Chinese EVs’ market share across Europe drops to two-year low
Chinese automakers missed out on a European rebound in electric vehicle (EV) demand last month, as more-established manufacturers such as…
Business
CATL gets China’s sign-off to proceed with Hong Kong share sale
Stock sales in the Chinese territory have raised more than US$15 billion so far this year, compared with US$18.6 billion in all of 2024…
News
U.S. officials used Signal to share war plans. What is the messaging app and is it safe?
Senior government officials mistakenly invited the editor in chief of the Atlantic to a group chat on the messaging app Signal, where the…
Business
Xiaomi raises US$5.5 billion in share sale for business expansion
China’s Xiaomi Corp said on Tuesday it had raised US$5.5 billion in an upsized share sale that will help fund the acceleration of its…
Business
China’s Xiaomi to raise up to US$5.27 billion from share sale
The money raised is earmarked for business expansion, investment in research and technology development and general corporate purposes…
Business
Thai users share staged clip as genuine footage of 'Bank of China ex-chairman after death sentence'
Thai social media users have shared a staged video of a man being taken away with the false claim it is genuine footage of the former Bank…
Business
PropNex H2 profit down 14.9% at S$21.9 million; proposes special S$0.025 per share anniversary dividend
REAL estate agency PropNex reported a 14.9 per cent year-on-year fall in net profit for its second half ended Dec 31 to S$21.9 million,…
Business
Raffles Medical jumps 6.7% on 100 million share buyback plan; posts 4.3% rise in H2 profit to S$31.6 million
PRIVATE healthcare provider Raffles Medical Group posted a 4.3 per cent rise in net profit to S$31.6 million for its second half ended Dec…
Business
Haw Par posts 5.5% drop in H2 profit; proposes special dividend of S$1 per share
TIGER Balm maker Haw Par Corp’s profit fell 5.5 per cent to S$106.3 million for the six months ended Dec 31, 2024, on the back of higher…
Business
Seatrium back in the black with S$120.9 million H2 profit, proposes S$0.015 dividend per share
The offshore and marine specialist achieves its first full-year profit since 2017 SEATRIUM swung into the black with a net profit of…
Business
Telstra’s profit jumps, announces A$750 million share buyback
TOP Australian telecom firm Telstra met consensus expectations for its first-half profit on the back of its mobile business and announced…
Business
UOB proposes special dividend, share buyback programme as it unveils long-awaited capital return plans
The bank’s disciplined approach of pursuing long-term growth with stability has served it well, says CEO UOB’s board has announced a S$3…
Business
HSBC unveils share buyback, cost cut targets as new CEO looks to boost returns
HSBC posted an annual profit on Wednesday (Feb 19) that beat estimates, helped by increased revenue in wealth and markets businesses, and…
Politics
Posts claiming Macron 'ignored' Modi at AI summit share out-of-context clip
French President Emmanuel Macron and Indian Prime Minister Narendra Modi co-hosted a global AI summit in Paris in February but posts…