Leadership
China’s JD.com misses quarterly revenue estimates amid weak consumer spending
CHINESE e-commerce group JD.com missed market estimates for quarterly revenue on Thursday (Nov 14), as persistent economic woes pressured consumers to cut back on spending.
A prolonged property sector crisis,...
China’s JD.com struggles to shake off consumption weakness, misses revenue estimates
CHINESE e-commerce group JD.com missed market estimates for quarterly revenue on Thursday (Nov 14), as a persistent slowdown in the world’s second-largest economy pressured consumers to keep a tight...
Loss-making Burberry puts focus back on outerwear in turnaround plan
BURBERRY will put the focus back on its core trench coats and scarves, be less ambitious with prices for bags and shoes, and use its British heritage appeal to...
Tuan Sing to redevelop Melbourne properties with Grand Hyatt hotel asset
TUAN Sing has submitted a town planning application for a major mixed-use development of its properties at 121 to 131 Collins Street, and 23 to 25 George Parade, in...
‘Good results’ from ongoing push to strengthen Singapore’s accounting sector: Indranee
EFFORTS to implement recommendations from a report aimed at boosting Singapore’s accountancy sector are yielding good results, Minister in the Prime Minister’s Office Indranee Rajah said on Thursday (Nov...
First Resources Q3 profit up 19.3% to US$61 million
FIRST Resources’ net profit for the third quarter ended September rose 19.3 per cent to US$61 million, from US$51.1 million in the previous corresponding period. Sales were up 2.3...
Singapore banks optimistic about earnings, capital returns amid yet another quarterly results beat
They also see upsides to net interest margins during a Trump 2.0 presidency, as expected inflationary policies may result in higher interest ratesSINGAPORE banks are optimistic about their earnings...
Offshore wind cable makers turn to Europe as Trump risks loom
NEXANS said on Wednesday (Nov 13) it would turn its US-based plant into an export hub if the offshore wind sector was challenged under Donald Trump’s second stint as...