Leadership
Singaporean David Yong from Netflix’s Super Rich In Korea faces more fraud charges, denied bail
SINGAPOREAN businessman David Yong was on Thursday (Aug 8) handed two new charges over falsifying accounts in relation to a promissory note arrangement involving Evergreen Group Holdings.
The 37-year-old chief...
Tokyo Electron ups forecast after AI demand helps sales beat
TOKYO Electron raised its profit forecast for the fiscal year to March after reporting a better-than-expected surge in sales.
The Japanese provider of semiconductor-patterning systems said it sees operating profit...
SGX will represent broader views in MAS review group: CEO
THE review group set up by the regulator to improve Singapore’s stock market will engage a wider group beyond its own members, said Loh Boon Chye, the chief executive...
Stocks to watch: DBS, SGX, Frasers Property, Sasseur Reit
THE following companies saw new developments that may affect trading of their securities on Thursday (Aug 8):
Shopify beats estimates for quarterly results on AI boost, shares soar
SHOPIFY beat analysts’ estimates for second-quarter results and forecast upbeat sales growth as its AI-enabled tools attracted more merchants to its e-commerce services, sending its US shares up 17...
Shopify soars as AI focus powers quarterly beat, bullish forecast
SHOPIFY beat analysts’ estimates for second-quarter results and forecast upbeat sales growth on Wednesday (Aug 7) as its AI-enabled tools attracted more merchants to its e-commerce services, sending its...
Strong fees, more resiliency will boost earnings in 2024 despite rising uncertainty: DBS CEO
Bank reports strong set of results in Q2 with net profit up 6% on year at S$2.79 billionA STRONG fees business and lower sensitivity to interest rates will likely...
Intel has lost Wall Street’s patience as headwinds keep mounting
AFTER another catastrophic earnings report, Intel bulls are increasingly few and far between on Wall Street.
Intel shares have shed nearly a third of their value since the firm gave...
