Lifestyle
UOB misses expectations with Q1 profit flat at S$1.49 billion
[SINGAPORE] UOB’s net profit for its first quarter was flat amid broad-based growth, it said on Wednesday (May 7).Net profit for the three months ended March 31, 2025 stood...
CATL’s Hong Kong listing draws interest from Qatar sovereign fund, KIA, Sinopec, Hillhouse
[HONG KONG] Qatar Investment Authority (QIA) and Sinopec are considering investing in Contemporary Amperex Technology Co Limited’s (CATL) Hong Kong listing, one of the city’s biggest share sales in...
Europe: German stocks cut losses as Merz elected as chancellor after initial setback
GERMAN shares trimmed early losses on Tuesday after conservative leader Friedrich Merz was elected chancellor during a second vote in parliament after an unexpected initial setback.Germany’s DAX index ended...
Singapore shares end higher on Tuesday ahead of FOMC meeting; STI up 0.2%
Singtel is the top gainer on the benchmark index while Yangzijiang Shipbuilding, which is trading ex-dividend, falls the most[SINGAPORE] Stocks on the local bourse ended higher on Tuesday (May...
DoorDash agrees to buy Deliveroo in US$3.9 billion deal
Published Tue, May 6, 2025 · 03:30 PM[LONDON] DoorDash has agreed to buy UK-based food-delivery platform Deliveroo for an equity value of about US$3.9 billion, as the US company...
Japan’s SMFG said to be in talks to buy minority stake in India’s Yes Bank
Published Tue, May 6, 2025 · 01:02 PM[MUMBAI] Sumitomo Mitsui Financial Group (SMFG), Japan’s second-biggest lender, is in talks to buy a significant minority stake in India’s Yes Bank,...
Income-Allianz deal timeline: A recap of the proposed S$2.2 billion sale
[SINGAPORE] The proposed S$2.2 billion deal involving the sale of Singapore’s Income Insurance to German insurer Allianz – which the government eventually called off – was a major talking...
ServiceNow eyes US$1 billion revenue for AI product by 2026
The company makes software applications that help companies organise and automate their personnel and information technology operationsPublished Tue, May 6, 2025 · 11:02 AM[NEW YORK] ServiceNow said its flagship...
