News
Ant Group enters China’s growing humanoid robot industry amid rising tech interest
ANT Group, the Alibaba-linked fintech giant, is venturing into the humanoid robot industry, joining a growing list of major Chinese tech companies exploring this emerging field.
The company has opened...
Cordlife ID Teo Tong Kooi steps down; new ID appointed
CORDLIFE Group’s independent director Dr Teo Tong Kooi stepped down from his role at the embattled cord-blood bank on Wednesday (Feb 19).He relinquished the role to “focus on other...
Singapore shares end Wednesday higher on UOB earnings, Budget news; STI up 0.2%
The bank’s Q4 profit of of S$1.52 billion beat analysts’ consensus forecast S$1.48 billionSINGAPORE stocks closed higher on Wednesday (Feb 19), as investors digested company earnings reports and the...
Singapore’s Foundation Healthcare eyes over US$100 million fundraising: sources
SINGAPORE’S Foundation Healthcare Holdings is looking to conduct a funding round that could raise more than US$100 million and value the private healthcare group at more than S$1 billion,...
UOB proposes special dividend, share buyback programme as it unveils long-awaited capital return plans
The bank’s disciplined approach of pursuing long-term growth with stability has served it well, says CEOUOB’s board has announced a S$3 billion package to distribute surplus capital over the...
UOB looks to ‘resilient’ Asean to continue to drive growth as Q4 profit beats estimates
UOB remains confident that Asean economies will be resilient and continue to expand, even as the outlook remains uncertain amid ongoing geopolitical tensions and tariff concerns. While US tariff...
HSBC unveils share buyback, cost cut targets as new CEO looks to boost returns
HSBC posted an annual profit on Wednesday (Feb 19) that beat estimates, helped by increased revenue in wealth and markets businesses, and set stiff cost-cut targets as its new...
Vietnam parliament approves US$8 billion rail link to China
VIETNAM’S parliament on Wednesday (Feb 19) approved plans for an US$8 billion rail link from its largest northern port city to the border with China, boosting links between the...
Cisco and IBM show old-school tech names can be AI winners too
WHILE many of the biggest and most popular technology stocks have stumbled out of the gates in 2025, some of the sector’s legacy names are drawing renewed attention.Companies such...
Hong Kong expands virtual asset push with new licensing, trading options
HONG Kong is expanding the ways investors can trade virtual assets, its financial regulator said on Wednesday (Feb 19), as the city races to become Asia’s digital assets hub...
