Posts by Yurie Miyazawa
National Australia Bank’s first-half cash earnings up 1% on lending volume growth
Published Wed, May 7, 2025 · 06:49 AM NATIONAL Australia Bank, the country’s biggest business lender, said on Wednesday its first-half cash earnings rose 1 per cent, helped by growth in lending volumes and lower impairment charges. The lender posted cash earnings of A$3.58 billion (S$3 billion) for the six months ended March 31, compared…
Read MoreOil rises 3% on signs of more Europe and China demand, less US output
[NEW YORK] Oil prices climbed about 3 per cent on Tuesday on signs of higher demand in Europe and China, lower production in the US, tensions in the Middle East and as buyers emerged the day after prices fell to a four-year low. Brent futures rose US$1.92, or 3.2 per cent, to settle at US$62.15 a…
Read MoreAMD forecasts revenue above estimates, despite US curbs on China chip exports
[BENGALURU/SAN FRANCISCO] Advanced Micro Devices (AMD) forecast second-quarter revenue above Wall Street estimates on Tuesday (May 6), in part because of the global thirst for its artificial intelligence (AI) chips even as trade tensions clouded its ability to sell into the Chinese market. The optimistic forecast from AMD could help reinforce investor confidence in its…
Read MoreDecagon CEO On Startup Growth Strategies
The conversation centered on the journey of a startup founder who has built two companies, highlighting lessons learned from early challenges and later successes. The discussion provided an in-depth look at how one individual transformed ideas into a fast-growing company offering artificial intelligence agents for customer service. The narrative shared insights on the careful selection…
Read MoreHong Kong launches new measures to attract more tech, bio listings
Hong Kong is the main destination for mainland Chinese firms looking to raise capital offshore Published Tue, May 6, 2025 · 07:11 PM [HONG KONG] Hong Kong launched a scheme on Tuesday (May 6) to offer smoother listings for tech companies on its stock exchange, as it looks to capitalise on Chinese companies’ growing appetite…
Read MoreLamborghini quarterly revenue up 29.6% as hybrid models boost deliveries
Published Tue, May 6, 2025 · 05:27 PM [ROME] Italian luxury sports carmaker Lamborghini reported on Tuesday a 29.6 per cent jump in revenue to 895.2 million euros (S$1.3 billion), driven by strong global demand for its new hybrid models, the Revuelto and Urus SE, despite the complex global scenario. Lamborghini, part of Germany’s Volkswagen…
Read MoreHong Kong’s freight forwarding industry hit by trade war, SCMP reports
Published Tue, May 6, 2025 · 12:04 PM [HONG KONG] Hong Kong’s freight forwarding industry is reeling from the US-China trade war with 41 per cent of container capacity from the city to North America’s west coast cancelled for the week starting May 12, the South China Morning Post reported. Hong Kong, a global shipping…
Read MorePalantir sales forecast falls short of Wall Street’s hopes
[SAN FRANCISCO] Palantir Technologies dropped more than 8 per cent in late trading on Monday (May 5) after its results failed to live up to investors’ loftiest expectations for a company whose stock has led the S&P 500 in gains this year. The company described the rising demand for artificial intelligence (AI) software as a…
Read MoreTencent can access one million carbon credits through GenZero partnership
The companies will continue to invest and scale climate solutions by leveraging their respective networks to identify potential opportunities suited for co-investment [SINGAPORE] Tech giant Tencent can offtake at least one million verified, high-quality carbon credits within GenZero’s investment portolio, over a period of 15 years, after inking a partnership. This represents an estimated abatement…
Read MoreIFA in Sinarmas Land offer defends valuation methods as ‘appropriate’ amid criticism
[SINGAPORE] W Capital Markets, the independent financial adviser (IFA) appointed by Sinarmas Land to opine on its privatisation offer by the Widjaja-family linked Lyon Investments, responded to criticisms by The Business Times and the Singapore Investors Association (Singapore) or Sias, arguing that its advice was “appropriate” and “consistent with widely accepted industry practice”. Both parties…
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