Leadership
Keppel DC Reit reports 13.7% lower Q1 DPU of S$0.02192 amid loss allowances
KEPPEL DC Reit posted a 13.7 per cent lower first-quarter distribution per unit (DPU)Â of S$0.02192, compared with S$0.02541 in the year-ago period.Gross revenue was up 18.4 per cent to...
Europe: Industrials boost Stoxx 600 as earnings season rolls in
EUROPEAN shares rose on Thursday, boosted by industrials after Swiss engineering company ABB touched a record high following upbeat results, while Germany-listed Sartorius had its biggest one-day drop in...
Fintech KPay aims to triple Singapore merchant base, double local workforce
FINTECH startup KPay intends to grow its Singapore merchant base to more than 10,000 businesses in the next year, from 3,000 now.The Hong Kong-based startup also plans to double...
India’s Infosys misses fourth-quarter revenue estimates
INFOSYS reported lower-than-expected fourth-quarter revenue on Thursday (Apr 18), in a seasonally weak period for India’s No 2 IT services provider, as cautious clients curtailed spending amid macroeconomic uncertainties.
Revenue...
China’s top lenders face 1.6 trillion yuan loss-absorbing capital shortfall by 2025, Fitch estimates
CHINA’S five globally systemically important banks would have a shortfall in their total loss absorption capital (TLAC) of 1.6 trillion yuan (S$301 billion) by January 2025, Fitch Ratings estimates,...
Tata to use new US$1 billion plant to make Jaguar Land Rover cars
INDIA’S Tata Motors will manufacture Jaguar Land Rover (JLR) luxury cars at a US$1 billion plant that it is planning to build in the southern state of Tamil Nadu,...
💸 Is your money narrative influencing your financial decisions?
Find out more and sign up for Thrive at bt.sg/thrive🧠Mental barriersHow we think about money as adults is often influenced by how our families deal with financial issues. According...
Swiss watch exports plunge as China and Hong Kong demand dries up
MONTHLY Swiss watch exports suffered their biggest decline since 2020 as demand for premium and luxury timepieces in key markets including China and Hong Kong plunged.
Exports dropped 16 per...
