Leadership
US judge approves US$4.3 billion penalty for crypto giant Binance
BINANCE Holdings, the world’s biggest cryptocurrency exchange, is to pay US$4.3 billion for violations of anti-money laundering and sanctions laws in a settlement approved by a US judge on...
Europe: Shares end week at record highs on earnings boost
EUROPEAN shares closed at a record peak for a second day on Friday (Feb 23) after gains in Standard Chartered following a strong earnings report, while comments from European...
Upside of 10 Gbps fibre network upgrade for telcos difficult to quantify: analysts
IT REMAINS to be seen if telcos will be able to see any immediate financial impact from the planned fibre network upgrade to provide 10 gigabit per second (Gbps)...
Manchester United’s Ratcliffe unveils electric Ineos car
MANCHESTER United’s new co-owner Jim Ratcliffe unveiled on Friday (Feb 23) his Ineos group’s latest 4x4 vehicle, which will come in two electric versions as the British billionaire criticised...
Nvidia hits US$2 trillion valuation as AI frenzy grips Wall Street
NVIDIA hit US$2 trillion in market value on Friday (Feb 23), riding on an insatiable demand for its chips that made the Silicon Valley firm the pioneer of the...
Apac Realty H2 profit down 31.4% to S$6.8 million
APAC Realty posted a 31.4 per cent drop in net profit to S$6.8 million for the six months ended Dec 31, 2023, from S$9.9 million in the corresponding period...
Hong Leong Finance H2 net profit falls 45% to S$46.8 million
HONG Leong Finance reported on Friday (Feb 23) a 45.4 per cent decline in net profit for the second half of 2023, on the back of lower net interest...
QAF H2 profit rises 101% to S$22.6 million on higher sales, joint venture contribution
MAINBOARD-LISTED QAF posted a 101 per cent rise in net profit to S$22.6 million for the second half of the year ended Dec 31, 2023, from S$11.2 million in...
