Posts by Yurie Miyazawa
BlackRock plans to hire 1,200 people for ramp-up in India
BLACKROCK plans to hire nearly 1,200 people to expand two support hubs in India and build out its artificial intelligence (AI) capabilities in the country, according to sources familiar with the matter. The world’s largest asset manager is hiring for its iHubs, as the centres are known, in Mumbai and Gurugram, a satellite town near…
Read MoreAMD tumbles after giving disappointing outlook for AI growth
ADVANCED Micro Devices (AMD) tumbled in late trading after giving a disappointing outlook for its data centre business, an area where it’s struggling to catch up with artificial intelligence (AI) computing leader Nvidia. The division will grow by a percentage in the “strong” double digits this year, AMD said on a conference call with analysts,…
Read MoreSingapore shares rise at Wednesday’s open; STI up 0.2%
SINGAPORE shares started trading in positive territories on Wednesday (Feb 5), mirroring global markets. As at 9.01 am, the Straits Times Index (STI) was up 0.2 per cent or 6.68 points higher at 3,829.69. Across the broader market, gainers outnumbered losers 70 to 30 after 24.9 million securities worth S$59 million changed hands. Among…
Read MoreKeppel H2 profit from continuing operations up 19.9% to S$527.9 million
KEPPEL recorded a profit from continuing operations of S$527.9 million for its second half ended Dec 31, up 19.9 per cent from S$440.3 million in the year-ago period. Including profit from discontinued operations, this brings its total profit to S$636 million for its second half up 44.6 per cent from S$439.9 million from the year-ago…
Read MoreNissan calls off Honda merger talks
Japan’s Nissan has called off merger talks with rival Honda, the Nikkei newspaper said, abandoning a tie-up that would have created the world’s no 3 automaker and raising questions about its ability to ride out a crisis on its own. Shares in Nissan slid more than 4 per cent before trade was suspended by the…
Read MoreStocks to watch: CICT, Keppel, FLCT, Sabana Reit
THE following companies saw new developments that may affect trading of their securities on Wednesday (Feb 5). CapitaLand Integrated Commercial Trust: Its manager on Wednesday posted a distribution per unit of S$0.0545 for the second half ended December, unchanged from the previous corresponding period. This came amid an enlarged unit base due to the distribution…
Read MoreCapitaLand Integrated Commercial Trust’s H2 DPU remains at S$0.0545
THE manager of CapitaLand Integrated Commercial Trust (CICT) posted a distribution per unit (DPU) of S$0.0545 for the second half ended December, unchanged from the previous corresponding period. This came amid an enlarged unit base due to the distribution reinvestment plan in March last year and an equity fundraising in September, said the manager on…
Read MoreApple debuts Invites app, Care+ changes in subscription push
APPLE rolled out a new app for creating event invitations and made changes to its AppleCare+ customer support for iPhones, part of a broader push to generate more subscription revenue. The event app, called Apple Invites, allows users to organise occasions such as birthday parties. The software can also tap into the Apple Intelligence AI…
Read MoreFree Money Alert: 20 Small Business Grants You Can Get Now
Running a small business isn’t easy, especially when it comes to finding the money you need to grow. Whether you’re looking to hire more staff or just trying to keep the lights on, there’s good news. There are loads of grants out there just waiting for small business owners like you to apply. From tech…
Read MoreAmazon to face legal action after laying off 1,900 in Quebec
The union also launched a campaign calling on consumers to boycott the multinational by not shopping on its online platform and cancelling Amazon Prime subscriptions AMAZON.COM’S decision to close all seven of its warehouses in the Canadian province of Quebec and terminate more than 1,900 workers is prompting legal action from the affected union. The…
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