Business
Tanger Sees Q4 Gains Across Several Metrics
Tanger, fueled by its ongoing strategy of tenant diversification, acquisitions and “robust” leasing activity, reported a strong fourth…
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Business
Business
Birkenstock slumps as unchanged outlook overshadows sales boost
BIRKENSTOCK Holding shares fell after the German shoe company opted to keep its outlook unchanged, even as sales of its high-end sandals…
Business
IFF Unveils Shanghai Creative Center
International Flavors and Fragrances Inc. has recently unveiled the Shanghai Creative Center, a renovation and expansion project near the…
Business
Condé Nast U.K. Names Andrea Latten Chief Business Officer
LONDON — Condé Nast U.K. is shifting business. The publisher has named Andrea Latten its chief business officer for the U.K., WWD has…
Business
Alibaba Makes AI-driven Comeback, Revenue Jumps 8%
Alibaba reported a sharp revenue jump for its latest third quarter, thanks to robust AI products and e-commerce growth. For the three…
Business
Business for Sale: Buy Your Dream or Your Nightmare?
Buying an existing business can be a shortcut to achieving your entrepreneurial dreams, but it’s not always smooth sailing. Sure, it can…
Business
Marriott International signed 161 deals in Greater China in 2024
Marriott International has reported a robust year of growth in 2024 for its Greater China region, with 161 deals signed, equating to…
Business
US: Wall St opens lower as markets assess Trump’s tariff threats; Walmart drops
WALL Street’s main indexes opened lower on Thursday (Feb 20) as investors avoided risky bets after another bout of tariff threats from…
Business
Far East Hospitality Trust to acquire Sheraton hotel in Japan for 6 billion yen
FAR East Hospitality Trust (FEHT) will make its first Japanese hotel acquisition after expanding its investment mandate to global markets…
Business
Tesla Ignites India: Showroom Launches Signal a New EV Era
Feb 20 - The electric vehicle manufacturer Tesla (TSLA, Financial) chose essential locations throughout New Delhi and Mumbai to establish…
Business
Sing Investments & Finance H2 net profit up 21% at S$20.3 million
SING Investments & Finance (SingFinance) posted a 21 per cent increase in net profit to S$20.3 million for the half-year ended Dec 31,…
Business
Ant Group’s profit rises with Jack Ma back in the public eye
ANT Group’s quarterly profit surged more than 50-fold after it benefited from an investment gain, a major boon for the Chinese fintech…
Business
Wilmar posts 39.4% fall in H2 net profit on absence of year-ago gain, weak sugar price
AGRIBUSINESS Wilmar International posted a 39.4 per cent fall in net profit to US$590.2 million for the six months ended December 2024.…
Business
Genting Singapore posts 34% fall in H2 net profit to S$222 million
GENTING Singapore posted a 34 per cent fall in net profit to S$222 million for the half year ended Dec 31, 2024, from S$334.9 million in…
Business
Foton, Teld in heavy truck charging partnership
Chinese commercial vehicle manufacturer Beiqi Foton Motor Company has signed an agreement with local electric vehicle (EV) charging…
Business
Singapore shares decline amid hawkish Fed minutes; STI down 0.2%
Across the broader market, losers beat gainers 320 to 205, after 1.5 billion securities worth S$1.4 billion change hands SINGAPORE stocks…
Business
DeepSeek rally helps Chinese tech firms raise more funds
Listed Chinese companies have raised more than US$1 billion globally through placements so far this year, with most of it in February THE…
Business
Growth in global private equity deal flow may be slower than expected this year: Preqin
INVESTORS forecasting a quick uptake in global private equity (PE) activity this year may be disappointed, especially if the gap in…
Business
Swiss Watches Exports Returned to Growth in January
PARIS – Could the Swiss watch industry’s woes be over in 2025? Export of timepieces returned to growth in January, according to figures…
Business
Analysts raise target prices, dividend estimates on UOB as they get positive on earnings outlook
Maybank forecasts return on equity to increase, thereby driving higher valuations ANALYSTS have raised their target prices for UOB after…
Business
Lenovo’s profit beats estimates as AI fuels PC recovery hopes
Investors are betting that PC makers from HP to Dell Technologies will benefit in 2025 as consumers pick up devices with more AI features…
Business
Manulife US Reit to sell Plaza office building for US$40 million as H2 distributable income falls 57.6%
THE manager of Manulife US Real Estate Investment Trust (Reit) reported on Thursday (Feb 20) that its distributable income fell 57.6 per…
Business
‘Significant’ investor interest in South-east Asia’s wellness real estate sector amid global boom: CLI
INVESTOR interest in wellness real estate is steadily on the rise and South-east Asia offers significant opportunities within its health…
Business
Complex AI chips will drive demand for Lam Research chipmaking tools, CEO says
LAM Research chief executive Tim Archer said on Wednesday (Feb 19) that the thirst for complex artificial intelligence (AI) silicon will…