Entrepreneurship
China, Hong Kong stocks close the week lower on fresh Trump tariffs, focus on NPC meeting
CHINA and Hong Kong equities closed the week lower, ending weeks of gains, as US President Donald Trump announced fresh tariffs on Chinese imports, while investors booked profit on...
Indonesia to strongly intervene as rupiah drops to five-year low
The currency has slumped almost 3 per cent this year in the worst performance among major emerging-Asian peersINDONESIA’S central bank pledged to intervene strongly in markets on Friday (Feb...
Bank of Japan vows to keep tapering bond buying despite rise in yields
THE Bank of Japan (BOJ) will keep tapering its government bond purchases despite recent rises in yields, deputy governor Shinichi Uchida said on Friday (Feb 28), stressing its huge...
JD.com’s food delivery foray unnerves investors as shares lag
INVESTORS in shares of JD.com face a gut check in next week’s earnings report from the online retailer as it girds for battle in the food-delivery space currently dominated...
Daiwa House Logistics Trust H2 DPU Drops 10.3% to S$0.0234
The manager of Daiwa House Logistics Trust on Friday (Feb 28) posted a distribution per unit (DPU) of S$0.0234 for its second half ended Dec 31, down 10.3 per...
HPL swings into the black with S$32.1 million H2 net profit, reversing H1 loss
HOTEL Properties Limited (HPL), the real estate player owned by tycoon Ong Beng Seng, posted net profit of S$32.1 million for the second half ended Dec 31, plunging from...
Singapore hedge fund with 33% gain bets big on Suzuki Motor
Suzuki’s shares have more than doubled since a 2022 low, beating the MSCI world auto benchmark’s 2.9 per cent riseA SINGAPORE-BASED hedge fund that beat the market with a...
Australia’s Star Entertainment expects to get liquidity offers, shares slump on pending results
The company is expected to report an underlying loss of A$79.5 million for the six months ended Dec 31, according to Visible Alpha consensus estimatesCASINO operator Star Entertainment said...
Zheneng Jinjiang H2 profit surges over 26 times to 411.6 million yuan; S$0.023 cash dividend per share proposed
CHINA-BASED waste treatment group Zheneng Jinjiang Environment reported a net profit of 411.6 million yuan (S$76.2 million) for the second half ended Dec 31, rising more than 26 times...
Autodesk to cut jobs as it targets higher profits
AUTODESK is planning to cut about 1,350 employees as part of a broader focus on profitability following pressure from investors including activist Starboard Value.The reductions will amount to about...
