Entrepreneurship
PSA International FY2024 net profit falls 25% to S$1.1 billion on higher costs, inflation
[SINGAPORE] Temasek-owned port operator PSA International on Friday (Mar 28) reported a 25.2 per cent drop in net profit to S$1.1 billion in 2024, from S$1.5 billion the year...
UOB denies ‘baseless and defamatory’ claims by ex-Yang Kee CEO
The bank also issues a warning to Ken Koh; says it will take ‘appropriate actions’ against him[SINGAPORE] UOB has rejected allegations by Yang Kee Logistics’ former chief executive officer,...
Deutsche Bank extends CEO’s mandate and revamps board in crucial year
[FRANKFURT] Deutsche Bank has extended CEO Christian Sewing’s contract, while its deputy and another top executive will depart as part of a management revamp, cementing the leadership team of...
Toyota’s global output rises for second month in February on solid Japan sales
[TOKYO] Toyota Motor said on Friday its global production rose for the second consecutive month in February, driven by higher output and stronger sales in Japan after recovering from...
Growing Singapore border demand boosts Malaysian bus firm IPO
[KUALA LUMPUR] Malaysian bus operator HI Mobility Bhd. is betting on increased traffic at the Singapore border to drive growth as the company readies to start trading Friday after...
Growing Singapore border demand boosts Malaysian bus firm’s IPO
[KUALA LUMPUR] Malaysian bus operator HI Mobility is betting on increased traffic at the Singapore border to drive growth as the company started trading on Friday (Mar 28) after...
Star Entertainment’s Sydney casino licence suspension extended till September
AUSTRALIAN embattled casino operator Star Entertainment said on Friday that its casino licence for Star Sydney will remain suspended until at least Sept 30, as advised by the New...
Trump’s tariff plans propel safe-haven gold to record high
GOLD prices scaled a record peak on Friday as concerns over US President Donald Trump’s fresh tariff plans ignited fears of a global trade war, driving a rush towards...
Nippon, US Steel offer increased investment to Trump officials to close deal, Semafor reports
NIPPON Steel and US Steel are in active talks about a deal that would preserve their US$14 billion merger and secure billions more in investments from the Japanese steelmaker...
Stocks to watch: Sembcorp, Nio, Keppel Infrastructure Trust, Sinarmas Land, SingPost
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Friday (Mar 28). Sembcorp Industries: Its wholly owned subsidiary Sembcorp Solar Singapore has signed...
