Posts by Liam Redmond
UOB Kay Hian H2 earnings up 27% at S$140.1 million
[SINGAPORE] UOB Kay Hian (UOBKH) posted a net profit of S$140.1 million for its second half ended Dec 31, a 27 per cent increase from the S$110.3 million recorded in the previous corresponding period. This brought its full-year earnings for 2025 to S$239.4 million, from S$224.2 million the previous year, the securities brokerage said on…
Read MoreComfortDelGro H2 earnings up, hits record S$5 billion revenue
Revenue reflects focused execution of its international growth strategy, says managing director and group CEO Cheng Siak Kian [SINGAPORE] Transport operator ComfortDelGro (CDG) reported a 7.9 per cent year-on-year rise in earnings to S$124.3 million for the second half of the financial year 2025 ended December. H2 revenue was up 11.7 per cent at S$2.6…
Read More1,300 Toyota Prius units recalled in Singapore over rear doors that could open while car is moving
Rectification involves modifying door switch circuits, done free of charge, and for new cars before delivery Published Fri, Feb 27, 2026 · 05:21 PM [SINGAPORE] Some 1,300 Toyota Prius cars are being recalled in Singapore over a fault in the rear electric doors, which can cause them to open while the car is in motion.…
Read MoreSAP’s new bonus system sparks outcry over rewards for underperforming bosses
The German software company has seen high executive board turnover in the past six years Published Fri, Feb 27, 2026 · 04:56 PM [BERLIN] SAP’s new bonus system ended up rewarding underperforming managers while holding lower-ranking workers to a higher standard for their payouts, prompting an outcry from employees and leaders alike at the German…
Read MoreBritish Airways owner IAG beats profit estimates as premium demand lifts earnings
It benefited from lower fuel costs and resilience on its core transatlantic routes Published Fri, Feb 27, 2026 · 03:59 PM [LONDON] British Airways owner IAG reported a better-than-expected annual profit on Friday (Feb 27), as it benefited from lower fuel costs and resilience on its core transatlantic routes, particularly for its premium services. European…
Read MoreMizuho plans to replace 5,000 clerical jobs with AI in 10 years
Global banks are heavily investing in artificial intelligence to improve operations ranging from product development to risk management Published Fri, Feb 27, 2026 · 02:15 PM [TOKYO] Mizuho Financial Group is planning to replace about 5,000 administrative jobs in Japan with artificial intelligence (AI) over the next 10 years, as the country’s third-largest lender tries…
Read MoreDanske Bank cuts hundreds of jobs to add to Danish layoff wave
Published Fri, Feb 27, 2026 · 01:51 PM [COPENHAGEN] Danske Bank has eliminated 420 jobs across its regional operations, saying increased automation has reduced the need for staff in support roles. Most of the job cuts will fall in Denmark and Lithuania, with smaller reductions in the lender’s other Nordic offices as well as in…
Read MoreCoupang swings to loss as data breach dents Q4; sees muted near-term growth
For the first quarter, the company expects consolidated constant-currency revenue growth of 5% to 10% Published Fri, Feb 27, 2026 · 01:04 PM [BENGALURU] E-commerce giant Coupang swung to a fourth-quarter loss on Thursday (Feb 26)and reported revenue below analysts’ estimates, hurt by the fallout from a data breach in South Korea. Coupang Korea, which…
Read MoreNintendo announces 290 billion yen share sale by Kyoto bank and others
Nintendo’s shares pared gains and closed up nearly 3% following a Reuters report Published Fri, Feb 27, 2026 · 12:42 PM — Updated Fri, Feb 27, 2026 · 04:51 PM [TOKYO] Nintendo announced on Friday (Feb 27) an unwinding of strategic shareholdings that will see companies including MUFG Bank and the Bank of Kyoto selling…
Read MoreNintendo plans around 300 billion yen share sale by Kyoto bank and others: sources
Regulators and the Tokyo Stock Exchange have been encouraging Japanese companies to unwind their cross-shareholdings Published Fri, Feb 27, 2026 · 12:42 PM [TOKYO] Nintendo plans an unwinding of strategic shareholdings that would see companies including MUFG Bank and the Bank of Kyoto selling shares of the Super Mario maker, according to three sources familiar…
Read MoreAnalysts raise target prices for Food Empire with strong growth expected across key markets
This also comes after core net profit for 2025 rose 38% year on year, beating expectations [SINGAPORE] Various analysts have raised their target prices on Food Empire , after the group released its “stronger-than-expected” results for FY2025. UOB Kay Hian (UOBKH) analysts John Cheong, Heidi Mo and Tang Kai Jie noted that its total revenue…
Read MoreHyundai Motor to invest 9 trillion won in AI, robotics centre
The facilities will be built in the Saemangeum area, which is about 270 kilometres southwest of Seoul Published Fri, Feb 27, 2026 · 12:27 PM [SEOUL] Hyundai Motor will invest nine trillion won (S$8 billion) to build an artificial intelligence (AI) data centre, robot factory and hydrogen plant in South Korea, as the automaker accelerates…
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