Leadership
DBS, OCBC and UOB should review dividend policies amid the deteriorating business outlook
[SINGAPORE] It probably will not surprise anyone that DBS, OCBC and UOB ended Tuesday (May 13) significantly higher – with gains of 1.19 per cent, 0.74 per cent and...
Japanese carmakers face US$19 billion hit from Trump’s tariffs
[TOKYO] Japan’s biggest carmakers are looking at a hit of more than US$19 billion from US President Donald Trump’s tariffs that have left the global auto industry reeling.The industry’s...
Europe: Shares pull back after rally, earnings disappoint
EUROPEAN shares eased on Wednesday after a four-day rally fuelled by the US-UK and US-China trade deals that relieved some concerns over the global trade war, while downbeat corporate earnings...
Databricks to buy Neon for US$1 billion to boost AI-agent development
[SAN FRANCISCO] Databricks said on Wednesday (May 14) it would buy database startup Neon in a deal valued at about US$1 billion, aiming to strengthen its analytics platform with...
Tencent quarterly revenue up 13% on AI, gaming boost
[BEIJING] Tencent Holdings, China’s biggest technology company by market capitalisation, posted a 13 per cent rise in first-quarter revenue on Wednesday (May 14), boosted by growth in gaming and...
GSK to buy liver disease drug for as much as US$2 billion
The drug has the potential to become a best-in-class medicine to treat a form of fatty liver diseasePublished Wed, May 14, 2025 · 04:39 PM[LONDON] GSK agreed to buy...
Burberry to cut 1,700 jobs as sales drop
[LONDON] Burberry Group plans to cut almost one-fifth of its work force as its new chief executive officer tries to turn around the British trench-coat maker, after its push...
Taiwan tech giant Foxconn’s Q1 profit soars
Net profit in the first three months rose 91% year-on-year to NT$42.1 billion (S$1.8 billion)Published Wed, May 14, 2025 · 03:27 PM[TAIPEI] Taiwanese tech giant Foxconn said on Wednesday...
Singapore Airlines to operate out of Changi Airport’s Terminal 5; internal train to cover 2km distance
[SINGAPORE] Changi Airport’s upcoming Terminal 5 (T5) will host the operations of Singapore Airlines (SIA) group, with the terminal’s first phase designed to handle about 50 million passengers annually.When...
