News
Singapore’s Foundation Healthcare eyes over US$100 million fundraising: sources
[ad_1] SINGAPORE’S Foundation Healthcare Holdings is looking to conduct a funding round that could raise more than US$100 million and value the private healthcare group at more than S$1 billion,...
Reits, banks and grocers: Potential winners from Budget 2025 measures
[ad_1] LONG-TERM plans to spur growth, and tax rebates and incentives for certain companies, these were among the highlights of Singapore’s Budget 2025 statement delivered by Prime Minister and Finance...
UOB looks to ‘resilient’ Asean to continue to drive growth as Q4 profit beats estimates
[ad_1] UOB remains confident that Asean economies will be resilient and continue to expand, even as the outlook remains uncertain amid ongoing geopolitical tensions and tariff concerns. While US tariff...
HSBC 2024 profit beats estimates; announces US$2 billion share buyback
[ad_1] HSBC reported a 6.6 per cent rise in annual profit on Wednesday (Feb 19), beating market expectations, as income withstood the impact of falling interest rates during a year...
Singapore evolves to meet commodity sector’s changing needs amid trade tensions: EnterpriseSG’s Cindy Khoo
[ad_1] IN A much more complex global trade environment, Singapore will focus on growing new trade flows, specialised trade expertise and technologies to meet the commodity sector’s changing needs, said...
iPhone parts maker Murata eyes supply chain shifts towards India
[ad_1] APPLE iPhone components maker Murata Manufacturing is weighing whether to move some of its production capacity to India, reflecting a global realignment of the supply chain towards the world’s...
Safe-haven gold hovers near record high on Trump tariff worries
[ad_1] GOLD held steady near a record high on Wednesday (Feb 19), with investors closely watching US President Donald Trump’s tariff strategies that have intensified worries of a global trade...
Norinchukin CEO plans to resign after massive bond losses
[ad_1] A government panel of experts has urged Norinchukin to diversify its bond-heavy portfolio and bring in more outside talentNORINCHUKIN Bank chief executive officer Kazuto Oku plans to resign to...
Meta says it plans to build the world’s longest undersea internet cable
[ad_1] Facebook’s parent company Meta said it’s working on the world’s longest undersea cable as part of the social media giant’s efforts to connect more people to high-speed internet.Called Project...
BP weighs sale of Castrol lubricants unit amid Elliott push
[ad_1] BP, IN which activist investor Elliott Investment Management has built up a nearly 5 per cent stake, is considering a potential sale of its lubricants business, according to sources...
