News
Huawei chairman says 2024 revenue exceeded 860 billion yuan
HUAWEI’S chairman said on Wednesday (Feb 5) that the tech company’s annual revenue exceeded 860 billion yuan (S$159.6 billion) last year, as it continued to shake off the impact...
South Korea’s top listing in years flops in debut as IPO fever cools
SOUTH Korea’s biggest new listing in more than two years got off to weak start as LG CNS fell on its Seoul trading debut after a 1.2 trillion won...
Singapore investors buy 6.5 tonnes of gold bars, coins in 2024: World Gold Council
SINGAPORE investors did not shy away from physical gold despite its soaring prices in 2024, leading the demand growth in Asean region with 6.5 tonnes of gold bars and...
Singapore investors lead Asean peers with 22% surge in purchase of gold bars, coins in 2024
SINGAPORE investors did not shy away from physical gold despite its soaring prices in 2024, leading the demand growth in Asean region with 6.5 tonnes of gold bars and...
BlackRock plans to hire 1,200 people for ramp-up in India
BLACKROCK plans to hire nearly 1,200 people to expand two support hubs in India and build out its artificial intelligence (AI) capabilities in the country, according to sources familiar...
AMD tumbles after giving disappointing outlook for AI growth
ADVANCED Micro Devices (AMD) tumbled in late trading after giving a disappointing outlook for its data centre business, an area where it’s struggling to catch up with artificial intelligence...
Panama considers cancelling port deal with Hong Kong firm
PANAMA is weighing whether to cancel its contract with the Hong Kong-based company that operates ports near the Panama Canal, according to sources with knowledge of the situation, a...
Singapore shares rise at Wednesday’s open; STI up 0.2%
SINGAPORE shares started trading in positive territories on Wednesday (Feb 5), mirroring global markets.
As at 9.01 am, the Straits Times Index (STI) was up 0.2 per cent or...
Keppel H2 profit from continuing operations up 19.9% to S$527.9 million
KEPPEL recorded a profit from continuing operations of S$527.9 million for its second half ended Dec 31, up 19.9 per cent from S$440.3 million in the year-ago period. Including profit...
Chipmakers say Trump’s tariff threats cloud their outlooks
IN A semiconductor industry that’s been struggling with an oversupply of chips and weak demand, Infineon Technologies navigated its way through the turbulence and offered some hope for the...
