News

Corporate governance risks and opportunities in CDL’s family feud
COMMON wisdom holds that independent directors in family-controlled listed companies are an essential safeguard against family members on the board and management colluding at the expense of minority shareholders.The...
Indonesia’s move to control coal prices faces Chinese pushback
THE Indonesian government’s plan to regulate the price of coal exports is facing pushback from its largest customer, as firms in China baulk at paying higher costs as other...
Asian chip shares tumble on Nvidia earnings, tariff fears
A POOR market reception of Nvidia’s earnings and the spectre of additional US tariffs have knocked down Asian chip stocks, dragging Japan’s tech-heavy Nikkei average down to its lowest...
IHH Healthcare ‘On Track’ For Double-Digit ROE
INTEGRATED healthcare operator IHH Healthcare is “on track for double-digit return on equity (ROE)“ in the coming years, said its management on Friday (Feb 28). While the group did...
Bitcoin down 25% from all-time high as crypto sell-off deepens
The sell-off underscores a swift change of fortunes for digital assets, which boomed after Trump’s election winTHE rout in Bitcoin worsened during Asian trading hours on Friday (Feb 28),...
HPL H2 profit nosedives 94.4% to S$32.1 million; S$0.04 per share final dividend proposed 
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...
Stocks to watch: IHH Healthcare, Jardine C&C, Olam, ComfortDelGro, Sheng Siong
THE following companies saw new developments that may affect trading of their securities on Friday (Feb 28).IHH Healthcare: The integrated healthcare operator on Thursday announced net profit of RM732...
Meta in talks to raise US$35 billion for data-centre financing led by Apollo
APOLLO Global Management is in talks to lead a roughly US$35 billion financing package for Meta Platforms to help develop data centres in the US, according to sources with...
Dell gives strong outlook with AI server backlog rising
DELL Technologies gave a full-year profit outlook that topped estimates and said it had booked large deals for artificial intelligence (AI) servers, stoking optimism the company is poised for...
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 said to have a ‘long relationship’ with Kwek Leng Beng?
CDL group chief executive Sherman Kwek says the “primary reason” for the ongoing dispute at the property behemoth relates to “a very serious issue of corporate governance” involving Dr...
US: Wall St opens higher as Nvidia’s forecast calms AI demand fears
WALL Street’s main indexes opened higher on Thursday (Feb 27) as AI bellwether Nvidia’s upbeat forecast soothed concerns of cooling demand in the industry, though a jump in weekly...