Fashion

Singapore shares end Wednesday higher on UOB results, Budget news; STI up 0.2%
[ad_1] The bank’s Q4 profit of of S$1.52 billion beat analysts’ consensus forecast S$1.48 billionSINGAPORE stocks closed higher on Wednesday (Feb 19), as investors digested company earnings reports and the...
United Hampshire US Reit declares 4.2% lower H2 DPU of US$0.0205
[ad_1] UNITED Hampshire US Real Estate Investment Trust’s (Reit) distribution per unit (DPU) for the half year ended Dec 31, 2024, fell to US$0.0205, down 4.2 per cent from US$0.0214...
HSBC, on cost-cutting drive, expects hit to global headcount to be under 8%
[ad_1] HSBC chief executive officer Georges Elhedery has said that the impact on the bank’s global headcount arising from its drive to cut costs is likely to be under 8...
China, India natural gas imports will impact Apac prices: panellists
[ad_1] ASIA-PACIFIC should keep an eye on natural gas imports by China and India, whose ongoing pipeline projects will heavily affect regional gas pricing, said panellists at Commodity Trading Week...
Reits, banks and grocers: Potential winners from Budget 2025 measures
[ad_1] LONG-TERM plans to spur growth, and tax rebates and incentives for certain companies, these were among the highlights of Singapore’s Budget 2025 statement delivered by Prime Minister and Finance...
HP to acquire parts of Humane, Ai Pin startup from ex-Apple managers, for US$116 million
[ad_1] HP WILL acquire assets from Humane, the maker of a wearable Ai Pin introduced in late 2023, for US$116 million.The deal will include the majority of Humane’s employees in...
Budget 2025: Income tax concessions, GST remission for S-Reits extended for 5 years
[ad_1] INCOME tax concessions as well as goods and services tax (GST) remission for Singapore-listed real estate investment trusts (S-Reits) will be extended for five more years, as part of...
Hong Kong banks tap most funds since 2019 as stock demand soars
[ad_1] HONG Kong banks borrowed the largest amount of short-term cash in more than five years on Tuesday (Feb 18), as they sought to keep up with a booming demand...
Safe-haven gold hovers near record high on Trump tariff worries
[ad_1] GOLD held steady near a record high on Wednesday (Feb 19), with investors closely watching US President Donald Trump’s tariff strategies that have intensified worries of a global trade...
China revamps power market rules in challenge to renewables boom
[ad_1] CHINA’S unprecedented boom in renewable energy is facing a fresh challenge from government rules that will allow market forces to determine the price of new wind and solar power.The...
Singtel’s Q3 profit surges 183.4% to S$1.3 billion on exceptional gains
[ad_1] SINGTEL’S net profit for the third quarter ended Dec 31 climbed 183.4 per cent to S$1.3 billion from S$465 million in the same period the year before.This was mainly...
HSBC to sell Bahrain retail banking operations as restructuring progresses
[ad_1] The deal will see a transfer of retail loans, deposits and accounts of about 76,000 customers to BBKHSBC on Tuesday (Feb 18) agreed to sell its retail banking operations...