Entrepreneurship
Toyota global output rises for the first time in a year in January
TOYOTA Motor said on Thursday its worldwide production rose for the first time in a year in January, as it ramped up output in Japan after recovering from last...
OCBC Capital Return Plan Splits RHB, Maybank Analysts on Impact
ANALYSTS were split on the scale of impact of OCBC’s capital return plan announced on Wednesday (Feb 26), despite agreeing that it was a “welcome addition” and lifting their...
Bain Capital mulls US$10 billion sale of Rocket Software: sources
PRIVATE equity firm Bain Capital is weighing options, including a sale, for Rocket Software that could value the US automation software provider at as much as US$10 billion, including...
Heavy selling wipes nearly a billion dollars off Yangzijiang Shipbuilding’s value as its shares plummet 9%
Shares of Yangzijiang Shipbuilding dropped as much as 16 per cent on Thursday (Feb 27), a day after it posted earnings and in a week when the US proposed...
Goldman Sachs adds Waldron to board, lining up potential CEO succession
GOLDMAN Sachs added its president and chief operating officer John Waldron to its board of directors a month after he was given a retention bonus, cementing his position as a...
Nissan prepares to replace CEO after Honda deal falls apart
NISSAN Motor is drawing up plans to replace its chief executive officer following another dismal set of earnings and the collapse of talks to combine with Honda Motor, according...
Seven & i says founding family unable to secure funding for US$58 billion buyout
JAPAN’S Seven & I Holdings said on Thursday the retailer’s founding Ito family could not secure the financing required for a US$58 billion management buyout, and it would consider...
Sembcorp H2 profit rises 14% to S$471 million; shuffles business leadership
SEMBCORP Industries on Thursday (Feb 27) reported a 14 per cent rise in total net profit to S$471 million for the second half ended Dec 31, 2024, from S$412...
ST Engineering H2 Profit Rises 19.6% To S$365.7 Million
ST ENGINEERING on Thursday (Feb 27) reported a net profit of S$365.7 million for the second half ended Dec 31, up 19.6 per cent from S$305.9 million in the...
CapitaLand Investment back in the black with S$148 million H2 profit
REAL estate group CapitaLand Investment (CLI) swung to a net profit of S$148 million for its second half ended December, from a net loss of S$170 million in the...
