News
Geopolitical concerns add to woes for pre-IPO activity, M&As for Chinese companies
GROWING geopolitical concerns from the trade tensions between the US and China are compounding an already-cautious outlook among investors on pre-listing activities and mergers and acquisitions (M&A) involving Chinese...
Maybank upgrades Singtel’s AIS to buy, raises price target on further profit growth expectations
Maybank Securities upgraded Singtel’s Thai associate Advanced Info Service (AIS) to “buy” from “hold”, due to a strong outlook and healthy yields. Its optimism is on the back of...
Yahoo News signs up influencers with promise of shared advertising sales
YAHOO has signed up nearly 100 YouTube, TikTok and Instagram creators to draw traffic to its website, recognition that millions of people rely on social media influencers to stay informed.The online...
Stocks to watch: Thai Beverage, Civmec, Singapore Exchange, iFast
THE following companies saw new developments that may affect trading of their securities on Friday (Feb 14): Thai Beverage (ThaiBev): The food and drink company’s revenue grew 2.4 per...
Arm recruits from customers as it plans to sell its own chips
ARM has begun recruiting from its own customers and competing against them for deals as it pushes toward selling its own chips, according to people familiar with the matter...
Cathay Cineplexes’ rental arrears unlikely to impact FCT’s bottom line
DELAYED rental payments by cinema operator Cathay Cineplexes to its landlord Frasers Centrepoint Trust (FCT) will not significantly impact the trust’s bottom line. Nevertheless, this could indicate a “structural...
Meta opens Facebook Marketplace to rivals in EU antitrust clash
Facebook said that despite the changes, it continues to disagree with the European Commission’s decision last year, which saw Meta punished for abusing its dominanceMETA Platforms is prying open...
ThaiBev Q1 revenue up 2.4% to 92.3 billion baht
Improvement driven by stronger sales of beer, non-alcoholic beverages and food segments THAI Beverage on Thursday (Feb 13) reported that its revenue was up 2.4 per cent at 92.3 billion...
Civmec’s H1 FY2025 net profit falls 16.9% to A$26.5m
CONSTRUCTION and engineering services provider Civmec posted a net profit of A$26.5 million for the H1 FY2025, marking a 16.9 per cent decline from A$31.9 million in the year-ago...
Ellipsiz appoints David Lum as adviser
ENGINEERING and service solutions firm Ellipsiz will appoint businessman David Lum as an adviser.In a bourse filing on Thursday (Feb 13), the mainboard-listed group said that it entered into...
