News
Singapore’s Foundation Healthcare eyes over US$100 million fundraising: sources
[ad_1] SINGAPORE’S Foundation Healthcare Holdings is looking to conduct a funding round that could raise more than US$100 million and value the private healthcare group at more than S$1 billion,...
UOB proposes special dividend, share buyback programme as it unveils long-awaited capital return plans
[ad_1] The bank’s disciplined approach of pursuing long-term growth with stability has served it well, says CEOUOB’s board has announced a S$3 billion package to distribute surplus capital over the...
UOB looks to ‘resilient’ Asean to continue to drive growth as Q4 profit beats estimates
[ad_1] UOB remains confident that Asean economies will be resilient and continue to expand, even as the outlook remains uncertain amid ongoing geopolitical tensions and tariff concerns. While US tariff...
HSBC unveils share buyback, cost cut targets as new CEO looks to boost returns
[ad_1] HSBC posted an annual profit on Wednesday (Feb 19) that beat estimates, helped by increased revenue in wealth and markets businesses, and set stiff cost-cut targets as its new...
Vietnam parliament approves US$8 billion rail link to China
[ad_1] VIETNAM’S parliament on Wednesday (Feb 19) approved plans for an US$8 billion rail link from its largest northern port city to the border with China, boosting links between the...
Cisco and IBM show old-school tech names can be AI winners too
[ad_1] WHILE many of the biggest and most popular technology stocks have stumbled out of the gates in 2025, some of the sector’s legacy names are drawing renewed attention.Companies such...
Hong Kong expands virtual asset push with new licensing, trading options
[ad_1] HONG Kong is expanding the ways investors can trade virtual assets, its financial regulator said on Wednesday (Feb 19), as the city races to become Asia’s digital assets hub...
iPhone parts maker Murata eyes supply chain shifts towards India
[ad_1] APPLE iPhone components maker Murata Manufacturing is weighing whether to move some of its production capacity to India, reflecting a global realignment of the supply chain towards the world’s...
Borrowing strain hits NAB’s Q1 profit, shares dive
[ad_1] NATIONAL Australia Bank, the country’s biggest business lender, said on Wednesday that first-quarter profit slipped as competition for customers ate into margins and more borrowers fell behind on repayments,...
Norinchukin CEO plans to resign after massive bond losses
[ad_1] A government panel of experts has urged Norinchukin to diversify its bond-heavy portfolio and bring in more outside talentNORINCHUKIN Bank chief executive officer Kazuto Oku plans to resign to...
