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PSA International FY2024 net profit falls 25.2% to S$1.1 billion on higher costs, inflation.

PSA International Reports 25.2% Drop in Net Profit Operating Profit Falls 3.7% Despite Increased Operating Costs and Inflation Singapore-based port operator PSA International, a subsidiary of Temasek, has reported a 25.2%...
Singapore Business

US: Wall St opens lower after data fans inflation worries

Wall Street Opens Lower Amid Rising Inflation Concerns Wall Street's main indexes opened lower on Friday (Mar 28)...
Singapore Business

UOB denies ‘baseless and defamatory’ claims by ex-Yang Kee CEO

UOB Rejects Allegations, Issues Warning to Ken Koh Singapore-based bank UOB has rejected allegations by Yang Kee Logistics' former...
Singapore Business

Asia: Markets mixed as autos suffer more tariff-fuelled losses

Asian Markets Mixed as Traders Prepare for US Tariffs Mood on Trading Floors Soured Asian markets were mixed on Friday...
Singapore Business

Lululemon plunges

Lululemon Athletica Shares Plummet Amid Disappointing Outlook Stock Falls 11% in Extended Trading Lululemon Athletica, the popular yogawear brand, has...
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Keppel eyes better market valuation as it sheds ‘conglomerate discount’

Singapore Business Angela Lee Angela Lee -
Keppel Aims for Better Valuation as it Diversifies and Transforms Keppel's Evolution from Conglomerate to Asset Manager Singapore-based global asset manager Keppel is seeking a better...

Euro Steady as Trump’s Car Tariffs Loom Next Week

Singapore Business Angela Lee Angela Lee -
The Euro Stays Steady as Trade Dispute Looms Currency Markets React to Tariffs The euro was steady on Thursday, rising off a three-week low earlier in...

Singapore fund inflows surge 167% to S$7.6 billion for 2024

Singapore Business Angela Lee Angela Lee -
Singapore-Registered Funds See Surge in Net Inflows to S$7.6 Billion in 2024 Total net inflows into Singapore-registered funds hit S$7.6 billion for 2024, a...

Microsoft pulls back from more data center leases in US and Europe

Singapore Business Angela Lee Angela Lee -
Tech Giants' AI Spending Hike Raises Skepticism Alphabet has announced it will spend US$75 billion on its AI buildout this year, 29% more than Wall...

Jefferies Profit Drops on Pullback in Deals, Capital Markets

Singapore Business Angela Lee Angela Lee -
Jefferies Financial Group's Earnings Slump Amid Uncertainty in Investment Banking and Capital Markets Jefferies Financial Group's fiscal first-quarter earnings declined due to a drop...

China Mixue Profits Spike 40% in 2024

Singapore Business Angela Lee Angela Lee -
Mixue Group Reports Spike in Profits, Expands Global Presence China's Largest Food and Beverage Chain Hong Kong-based Mixue Group, a Chinese bubble tea and drinks firm,...
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Singapore: A Beacon of Stability and Prosperity for International...

PSA International FY2024 net profit falls 25.2% to S$1.1 billion on higher costs, inflation.

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PSA International Reports 25.2% Drop in Net Profit Operating Profit...

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