News
Australia’s Star Entertainment expects to get liquidity offers, shares slump on pending results
The company is expected to report an underlying loss of A$79.5 million for the six months ended Dec 31, according to Visible Alpha consensus estimatesCASINO operator Star Entertainment said...
Seven & i plots Europe growth as Couche-Tard bid pressure mounts
SEVEN & i Holdings is seeking deals in Europe to bolster growth abroad as the retailer faces increased pressure to consider a proposed takeover by Canada’s Alimentation Couche-Tard. The...
HP sees weaker profit on tariffs; will cut over 1,000 jobs
HP GAVE a profit outlook for the current quarter that fell short of expectations, citing the impact of rising component costs and tariffs on goods from China.Earnings, excluding some...
US: Stocks fall as Nvidia results hit AI shares
WALL Street stocks tumbled on Thursday (Feb 27), extending a rough period as disappointment with Nvidia earnings and fresh tariff rhetoric from Donald Trump pressured the market.While Nvidia reported...
Who is Catherine Wu, the adviser highlighted in the CDL board tussle?
CDL group chief executive Sherman Kwek says the “primary reason” for the ongoing dispute at the property behemoth relates to “a very serious issue of corporate governance” involving Dr...
Who is Catherine Wu, the woman said to have a ‘long relationship’ with Kwek Leng Beng?
CDL group chief executive Sherman Kwek says the “primary reason” for the ongoing dispute at the property behemoth relates to “a very serious issue of corporate governance” involving Dr...
US: Wall St opens higher as Nvidia’s forecast calms AI demand fears
WALL Street’s main indexes opened higher on Thursday (Feb 27) as AI bellwether Nvidia’s upbeat forecast soothed concerns of cooling demand in the industry, though a jump in weekly...
Australia taxi fraud cases driven by cabbies, not the company: ComfortDelGro
TAXI fraud cases in Australia reported earlier this month were the work of cab drivers and not its subsidiary taxi company A2B, said ComfortDelGro Group chief executive officer Cheng...
Sherman Kwek: CDL board rift sparked by action to rein in Catherine Wu, Kwek Leng Beng’s adviser
THE “primary reason” for the ongoing dispute at City Developments Ltd is “a very serious issue of corporate governance” involving Dr Catherine Wu, Kwek Leng Beng’s adviser, group chief...
Audi Brussels shuts down, cutting 3,000 jobs as Europe’s auto woes deepen
AN AUDI Factory in Brussels billed as the “cradle” of the German carmaker’s electric drive is shutting down production for good on Friday (Feb 28), the latest sign of...
