Entrepreneurship
Maybank names Shafiq Abdul Jabbar as new group chief financial officer
He takes over from Khalijah Ismail, who was dismissed by the bank earlier this year following an internal inquiry [MALAYSIA] Maybank has appointed Shafiq Abdul Jabbar as its new group...
CapitaLand Investment’s total revenue falls 24% to S$496 million in Q1
[SINGAPORE] CapitaLand Investment (CLI) reported a total revenue of S$496 million for the first quarter ended Mar 31, down 24 per cent from S$650 million in the corresponding period...
HKEX posts record quarterly profit on trading, listings boom
Hong Kong’s dealmakers are optimistic of a flurry of secondary listings from mainland-traded Chinese firms this yearPublished Wed, Apr 30, 2025 · 01:49 PM[HONG KONG] Hong Kong’s stock exchange...
UBS Q1 profit tops forecasts but Trump tariff shock clouds outlook
[ZURICH] UBS on Wednesday (Apr 30) posted better than expected first-quarter net profit, but the Swiss bank warned of an uncertain outlook as US tariffs raise global growth fears...
Asia: Markets struggle as trade war hits China factory activity
[HONG KONG] Stocks started limply on Wednesday as investors struggled to match Wall Street’s rally, with data showing Chinese factory activity contracted this month at its fastest pace for nearly...
Tesla hiring over 1,000 workers to ramp up Semi truck production: report
Published Wed, Apr 30, 2025 · 10:20 AM[BENGALURU] Tesla is hiring more than a thousand new workers in Nevada as the electric vehicle maker looks to ramp up mass...
Grab raises full-year adjusted Ebitda guidance after posting US$24 million profit in Q1
[SINGAPORE] Grab on Wednesday (Apr 30) reported net profit of US$24 million for the first quarter ended Mar 31, 2025, reversing from a US$104 million loss in the previous...
Prudential’s quarterly new business profit rises on strong Hong Kong, China growth
Published Wed, Apr 30, 2025 · 09:05 AMPRUDENTIAL on Wednesday (Apr 30) reported a 12 per cent rise in new business profit for the first quarter, as the Asia-focused...
South-east Asia may see most gas projects approved in a decade
[SINGAPORE] South-east Asia could this year see the highest number of final investment decisions on gas projects in a decade, which could potentially boost output by 18 per cent,...
Samsung Electronics drops Q2 outlook due to trade uncertainties
[SEOUL] Samsung Electronics on Wednesday dropped its business outlook for the current quarter and warned US tariff policies could cut demand for its key products such as smartphones.The technology...
Stocks to watch: Wilmar, ST Engineering, Sheng Siong, Starhill Global Reit, FEHT, CDLHT, First Reit, IReit Global
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Wednesday (Apr 30).Wilmar International: The agribusiness group reported a 13.5 per cent increase in...
