Fashion
Soros Fund Management to shut Hong Kong office in rejig
SOROS Fund Management, founded by billionaire George Soros, plans to shut its Hong Kong office as part of an administrative reorganisation, but said it will continue to invest in...
Goldman promotes Singapore, Hong Kong and Japan bankers to partner
GOLDMAN Sachs promoted three Japanese nationals to its highest rank of executives, the most in more than a decade, after a revival in local financial markets helped the Wall...
Hot stocks: UOB adds S$4 billion to value as Singapore banks break share price ceilings
SHARES of UOB and OCBC leapt to levels never seen before, with both lenders surpassing street consensus estimates in their third-quarter net profit figures released Friday (Nov 8). As at...
Baidu readies AI smart glasses to rival Meta’s Ray-Bans
BAIDU is set to unveil a pair of glasses with a built-in artificial intelligence (AI) assistant, putting up a Chinese rival to the Meta Ray-Bans that have proven a...
Sats unlikely to resume dividend payout ratio of 70-80%, but quantum will rise in tandem with profit
The group aims for over S$8 billion in revenue, return on equity of higher than 15%, and net profit margin of over 5% in FY2029IN-FLIGHT caterer and ground handler...
Gold extends gains on Fed rate cut, but heads for weekly fall
GOLD prices inched higher on Friday (Nov 8), extending gains spurred by the US Federal Reserve’s widely anticipated quarter-point rate cut amid a cooling labour market and solid economic...
Attika Group makes trading debut at S$0.21, below IPO price
SHARES of Attika Group commenced trading on the Catalist board at S$0.21 on Friday (Nov 8), down 4.5 per cent from its initial public offering (IPO) price of S$0.22....
Taiwan’s TSMC says US investment plan is unchanged after election
CHIPMAKER Taiwan Semiconductor Manufacturing Company’s (TSMC) investment plan in the United States remains unchanged, the company said, responding to a question on the election of Republican Donald Trump as...
‘I would do it differently, if I were to do it again’: Outgoing DBS CEO on bank’s tech capabilities
OUTGOING DBS chief executive Piyush Gupta would have done things differently if he were given another chance to build the bank’s technology capabilities.Gupta’s 15-year tenure as head honcho saw...
United Hampshire US Reit Q3 distributable income falls 14.6% to US$6 million
UNITED Hampshire US Reit’s distributable income for the third quarter ended Sep 30 declined 14.6 per cent to US$6 million, from US$7.1 million in the previous corresponding period.The real...
