Culture
Zheneng Jinjiang H2 profit surges over 26 times to 411.6 million yuan; S$0.023 cash divided proposed
This translates to an earnings per share of 0.2838 yuan for the half-year period, up from 0.0105 yuan the previous yearCHINA-BASED waste treatment group Zheneng Jinjiang Environment reported a...
Olam H2 profit falls 83.4% to S$38.4 million; pares proposed dividend to S$0.03 per share
Company blames earnings slide on higher net finance costs, exceptional losses in a ‘tough year for the industry’AGRIBUSINESS giant Olam Group on Friday (Feb 28) reported a net profit...
Apple launches ‘age assurance’ tech as US states mull social media laws
APPLE on Thursday (Feb 27) said it will introduce a way for parents to share the age of a child with app developers without revealing sensitive information such as...
HP sees weaker profit on tariffs; will cut over 1,000 jobs
HP GAVE a profit outlook for the current quarter that fell short of expectations, citing the impact of rising component costs and tariffs on goods from China.Earnings, excluding some...
Europe: Carmakers drive shares lower after Trump’s tariff threats on EU
EUROPEAN shares retreated from record highs on Thursday (Feb 27), with automakers leading declines as investors evaluated the impact of US President Donald Trump’s potential tariffs on the European...
US: Stocks fall as Nvidia results hit AI shares
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 woman at the centre of the CDL board tussle
CITY Developments Ltd (CDL) group chief executive Sherman Kwek highlighted a Dr Catherine Wu on Thursday (Feb 27) in his latest response in the “attempted coup” saga that broke...
SGX-listed companies have ‘significant room for improvement’ in whistle-blowing policies: NUS study
SINGAPORE-LISTED companies are not doing nearly enough when it comes to whistle-blowing policies, according to a study by the Centre for Investor Protection (CIP) at NUS Business School. For...
Sherman Kwek: CDL board rift sparked by action to rein in Catherine Wu, Kwek Leng Beng’s adviser
THE “primary reason” for the ongoing dispute at City Developments Ltd (CDL) is “a very serious issue of corporate governance” involving Dr Catherine Wu, Kwek Leng Beng’s adviser, said...
Audi Brussels shuts down, cutting 3,000 jobs as Europe’s auto woes deepen
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...
