News

US: Stocks fall as Nvidia results hit AI shares
[ad_1] WALL Street stocks tumbled on Thursday (Feb 27), extending a rough period as disappointment with Nvidia earnings and fresh tariff rhetoric from Donald Trump pressured the market.While Nvidia reported...
Who is Catherine Wu, the adviser highlighted in the CDL board tussle?
[ad_1] CDL group chief executive Sherman Kwek says the “primary reason” for the ongoing dispute at the property behemoth relates to “a very serious issue of corporate governance” involving Dr...
Who is Catherine Wu, the woman said to have a ‘long relationship’ with Kwek Leng Beng?
[ad_1] CDL group chief executive Sherman Kwek says the “primary reason” for the ongoing dispute at the property behemoth relates to “a very serious issue of corporate governance” involving Dr...
US: Wall St opens higher as Nvidia’s forecast calms AI demand fears
[ad_1] WALL Street’s main indexes opened higher on Thursday (Feb 27) as AI bellwether Nvidia’s upbeat forecast soothed concerns of cooling demand in the industry, though a jump in weekly...
Australia taxi fraud cases driven by cabbies, not the company: ComfortDelGro 
[ad_1] TAXI fraud cases in Australia reported earlier this month were the work of cab drivers and not its subsidiary taxi company A2B, said ComfortDelGro Group chief executive officer Cheng...
Sherman Kwek: CDL board rift sparked by action to rein in Catherine Wu, Kwek Leng Beng’s adviser  
[ad_1] THE “primary reason” for the ongoing dispute at City Developments Ltd is “a very serious issue of corporate governance” involving Dr Catherine Wu, Kwek Leng Beng’s adviser, group chief...
Audi Brussels shuts down, cutting 3,000 jobs as Europe’s auto woes deepen
[ad_1] AN AUDI Factory in Brussels billed as the “cradle” of the German carmaker’s electric drive is shutting down production for good on Friday (Feb 28), the latest sign of...
Porsche overtakes Ferrari as million-dollar car of the moment
[ad_1] THIS month, as car enthusiasts converge on Florida for two weeks, they will find 14 Porsches with estimates straddling the US$1 million mark-two more than the dozen Ferraris with...
UOL H2 net profit falls 60% in absence of one-time gain
[ad_1] PROPERTY player UOL Group posted a 60 per cent fall in net profit to S$227.8 million for the six months ended Dec 31, 2024. This was mainly due to...
US multifamily homes, offices find favour among private equity investors
[ad_1] THE multifamily sector in the US is fast catching the attention of private equity investors, including those from Asia, such as South Korea’s Samsung SRA Asset Management. One of...
GuocoLand inks MOU to jointly develop UEM Sunrise’s land bank in Iskandar Puteri
[ad_1] GUOCOLAND will partner Malaysia’s UEM Sunrise to develop selected freehold land parcels in Iskandar Puteri, within the Johor-Singapore Special Economic Zone (JS-SEZ). This is under a memorandum of understanding...
Mercedes set to cut jobs in China as local competition heats up
[ad_1] MERCEDES-BENZ Group and its subsidiaries are planning to cut up to 15 per cent of the automaker’s workforce in China, mainly within its financing and sales units, as the...