Lifestyle

US: Wall St subdued at open as investors weigh earnings, data
US: Wall St subdued at open as investors weigh earnings, data
October 30, 2024
US stock indexes were subdued at the open on Wednesday (Oct 30), as investors assessed mixed earnings reports and data that showed the economy maintained a solid pace of...
BYD Q3 revenue rises 24% year on year to 201.1 billion yuan, eclipses Tesla for first time
BYD Q3 revenue rises 24% year on year to 201.1 billion yuan, eclipses Tesla for first time
October 30, 2024
BYD notched up another win over Tesla on Wednesday (Oct 30), reporting quarterly revenue that beat Elon Musk’s carmaker for the first time since the pair have gone head...
China’s big banks post rise in Q3 profits, squeeze on NIM
China’s big banks post rise in Q3 profits, squeeze on NIM
October 30, 2024
CHINA’S largest lenders posted a rise in third-quarter profits on Wednesday (Oct 30), although margins were slimmer for some. The frontrunner was Agricultural Bank of China (AgBank), which reported a...
Wilmar’s Q3 net profit falls 19% to US4.4 million on weaker contributions from China, sugar division
Wilmar’s Q3 net profit falls 19% to US$254.4 million on weaker contributions from China, sugar division
October 30, 2024
WILMAR International’s net profit for the third quarter ended Sep 30, 2024, fell 19 per cent to US$254.4 million, from US$313.9 million in the corresponding period a year ago.Its...
Attika Group to list on SGX Catalist, raise S.6 million through placement shares
Attika Group to list on SGX Catalist, raise S$4.6 million through placement shares
October 30, 2024
COMMERCIAL interior decoration and mechanical, electrical and plumbing engineering company Attika Group is set to raise S$4.6 million in gross proceeds as it issues 21 million placement shares at...
Google’s AI-fuelled gains in cloud bode well for Amazon, Microsoft
Google’s AI-fuelled gains in cloud bode well for Amazon, Microsoft
October 30, 2024
GOOGLE-parent Alphabet’s breakout cloud sales in the July-to-September quarter bode well for top cloud providers Microsoft and Amazon.com, and signal that market for AI-aided computing power is only growing. The...
Australian lender ANZ launches structural overhaul amid regulatory woes
Australian lender ANZ launches structural overhaul amid regulatory woes
October 30, 2024
ANZ Group has unveiled an organisational overhaul, with an aim to streamline operations and enhance data analytics, the Australian lender said on Wednesday (Oct 30) as it sought to...
Keppel’s private-credit fund raises US0 million in first close
Keppel’s private-credit fund raises US$300 million in first close
October 30, 2024
KEPPEL’S third private-credit fund raised around US$300 million of committed capital in its first close, the global asset manager and operator announced on Wednesday (Oct 30). The fund, known as...
Toyota sales fell in Japan, China as hybrids see growth in US
Toyota sales fell in Japan, China as hybrids see growth in US
October 30, 2024
TOYOTA Motor’s sales in Japan and China are struggling to shake off a series of challenges, including rising competition from electric vehicle (EV) brands, domestic scandals and recalls abroad,...
Snap gains on results suggesting ad revamp is working
Snap gains on results suggesting ad revamp is working
October 30, 2024
SNAP reported third-quarter revenue that slightly topped analysts’ expectations, suggesting the overhaul of its advertising business is catching on with marketers. The shares rose in extended trading. Sales increased...