Entrepreneurship
Hong Kong bourse logs 10% profit jump as trading turnover and IPOs surge
[ad_1] HONG Kong’s bourse operator reported a 10 per cent rise in annual profit, helped by sharp increases in trading turnover and new company listings, and said it was optimistic...
Blackstone in talks to sell China logistics assets in divestment
[ad_1] BLACKSTONE is in advanced talks to sell three logistics projects in China to Ping An Insurance (Group), according to sources familiar with the matter, in a major exit from...
PepsiCo’s Apac CEO Tan Wern-Yuen to join Hillhouse Investment
[ad_1] PEPSICO’S Asia-Pacific CEO and global chief commercial officer, Tan Wern-Yuen, is set to join private equity firm Hillhouse Investment in March.The Business Times understands that the executive will lead...
Gold gains on Trump tariff worries; US inflation data in focus
[ad_1] GOLD prices edged higher on Thursday (Feb 27) as concerns persisted over US President Donald Trump’s tariff plans, while investors awaited a key inflation report to assess the Federal...
Nissan CEO Uchida’s future in focus as sources say management shake-up due soon
[ad_1] JAPAN’S Nissan will unveil a shake-up in its top ranks next month, three people familiar with the matter said on Thursday (Feb 27), adding that embattled CEO Makoto Uchida...
Bumitama Agri’s H2 profit climbs 13.5% to 1.43 trillion rupiah
[ad_1] INDONESIAN palm oil producer Bumitama Agri posted a 13.5 per cent increase in net profit to 1.43 trillion rupiah (S$116.9 million) for the second half ended December, from 1.26...
Seven & i says founding family unable to secure funding for US$58 billion buyout
[ad_1] JAPAN’S Seven & I Holdings said on Thursday the retailer’s founding Ito family could not secure the financing required for a US$58 billion management buyout, and it would consider...
Stocks to watch: ST Engineering, CLI, Yangzijiang Shipbuilding, Sembcorp, Golden-Agri
[ad_1] THE following companies saw new developments that may affect trading of their securities on Friday (Feb 27). ST Engineering: The defence and engineering group on Thursday reported a net...
ST Engineering H2 Profit Rises 19.6% To S$365.7 Million
[ad_1] ST ENGINEERING on Thursday (Feb 27) reported a net profit of S$365.7 million for the second half ended Dec 31, up 19.6 per cent from S$305.9 million in the...
Qantas splurges on dividends as strong travel demand boosts profit, shares jump
[ad_1] AUSTRALIA’S flag carrier Qantas Airways on Thursday declared a special dividend for the first time in more than two decades and reported first-half profit ahead of estimates, helped by...
