Lifestyle

Civmec wins shiploader project; order book remains above A0 million
Civmec wins shiploader project; order book remains above A$800 million
Company cautions that delays to the timing of key project awards in FY2025 is expected to result in lower levels of activity in Q3 and potentially Q4 of FY2025CONSTRUCTION...
Tencent’s revenue climbs 8% after blockbuster games summer
Tencent’s revenue climbs 8% after blockbuster games summer
TENCENT Holdings’ revenue rose 8 per cent after the summer release of Dungeon & Fighter Mobile helped China’s most valuable company resist a severe economic downturn.Sales for the three...
Allianz beats forecasts with 22% rise in profit and rosier outlook
Allianz beats forecasts with 22% rise in profit and rosier outlook
GERMANY’S Allianz on Wednesday (Nov 13) beat expectations with a 22 per cent rise in third-quarter net profit, helped by lower claims from natural catastrophes, and it gave an...
Vietnam tech champion accelerates AI push with Japan expansion
Vietnam tech champion accelerates AI push with Japan expansion
VIETNAM’S software and telecommunications champion FPT plans to open an artificial intelligence (AI) data centre in Japan next year, capitalising on rising AI demand to accelerate its expansion abroad.The...
BNP cuts 10% of China dealmaker jobs after 2022 expansion
BNP cuts 10% of China dealmaker jobs after 2022 expansion
BNP Paribas made its first round of layoffs in China investment banking since an expansion two years ago, cutting about 10 jobs amid a sluggish market for deals, sources...
Siemens Energy boosts mid-term targets on infrastructure boom
Siemens Energy boosts mid-term targets on infrastructure boom
SIEMENS Energy raised its mid-term targets after demand for its grid technologies helped offset losses at its beleaguered wind-turbine division. Revenue is likely to grow at a high single-digit...
Global EV sales up 35% in October, Europe ekes out a gain
Global EV sales up 35% in October, Europe ekes out a gain
GLOBAL sales of fully electric and plug-in hybrid vehicles rose 35 per cent in October from the same month last year, with growth across all regions led by a...
Gold prices flat, focus on US inflation print
Gold prices flat, focus on US inflation print
Gold prices barely moved on Wednesday (Nov 13), as attention shifted to a key US inflation print due later in the day, which could shed more light on the...
Frasers Property remains keen on Singapore housing development but is cautious over entry costs and margins
Frasers Property remains keen on Singapore housing development but is cautious over entry costs and margins
FRASERS Property posted a net profit of S$148.9 million for the second half of its financial year ended Sep 30, reversing losses of S$52.6 million in the same period...
Boeing, Airbus throw supplier lifeline ahead of takeover
Boeing, Airbus throw supplier lifeline ahead of takeover
BOEING and Airbus will provide more than US$450 million in financial assistance to help keep key supplier Spirit AeroSystems Holdings afloat ahead of their planned purchase of the company’s...