News
Lim Boon Heng retires as NTUC Enterprise chairman at EGM; Tan Hee Teck to take over
[ad_1] [SINGAPORE] SINGAPORE – Former Cabinet minister Lim Boon Heng has retired from his role as chairman of NTUC Enterprise Co-operative, the parent of Income Insurance.Mr Lim’s retirement was announced at the...
Apac private credit to reach US$92 billion in 2027 on wealth boom
[ad_1] The growth of Asia Pacific’s private markets comes against the broader backdrop of mounting headwind[SINGAPORE] The Asia-Pacific private credit market is projected to grow to US$92 billion in 2027...
Gold ticks up on US dollar retreat, Fed rate cut
[ad_1] Focus now shifts to US President Trump’s meeting with Chinese leader Xi Jinping in South Korea later in the day[BENGALURU] Gold prices edged higher on Thursday (Oct 30), as...
Samsung’s chip profit soars after AI fuels demand for memory
[ad_1] Memory chip business is a key pillar of the company’s empire, which spans smartphones and home appliances[SEOUL] Samsung Electronics’ semiconductor arm reported a stronger-than-expected rise in profit, suggesting global...
Stocks to watch: Keppel, Great Eastern, MIT, Hong Leong Asia, CLCT, Starhill Global Reit
[ad_1] [SINGAPORE] The following companies saw new developments that may affect trading of their securities on Thursday (Oct 30): Keppel : Keppel reported an over 5 per cent increase in...
Keppel vows to use part of cash unlocked in asset monetisation to reward shareholders
[ad_1] [SINGAPORE] Global asset manager and operator Keppel on Thursday (Oct 30) said it would use part of the cash unlocked from its ongoing asset monetisation – including the proposed...
Starbucks sales rebound globally, coffee prices bite margins
[ad_1] Global prices for raw arabica beans are up more than 20% this year after soaring 70% in 2024[NEW YORK] Starbucks posted on Wednesday (Oct 29) that its first quarter...
Microsoft cloud customers face widespread disruptions
[ad_1] MICROSOFT cloud customers experienced widespread service disruptions on Wednesday after the company said “inadvertent configuration change” affected its widely used Azure service.The bug, which began at 1600 GMT, affected...
Alphabet hikes capex again after earnings beat on strong ad, cloud demand
[ad_1] STRONG AI demand helped power Alphabet‘s financial results, as both the core advertising and cloud computing businesses of the Google parent beat revenue expectations. Despite whispers of concerns over a...
Europe: Shares pause at highs after earnings
[ad_1] EUROPE’S Stoxx 600 was muted on Wednesday as investors awaited the US Federal Reserve’s rate decision later in the day, while parsing through a raft of corporate earnings.The continent-wide...
