Lifestyle
Tencent’s buyback plan in focus as Chinese tech rivals catch up
INVESTORS will scrutinise any comments from Tencent Holdings about its buyback plans during on Wednesday’s (Aug 14) quarterly results announcement as its competitors catch up with its spending levels.Tencent...
United Hampshire US Reit’s H1 DPU falls 24.2% to US$0.0201
UNITED Hampshire US Real Estate Investment Trust’s (Reit) distribution per unit (DPU) for the first half ended June 2024 stood at US$0.0201, down 24.2 per cent from its H1...
US considers a rare antitrust move: breaking up Google
A RARE bid to break up Alphabet’s Google is one of the options being considered by the Justice Department after a landmark court ruling found that the company monopolised...
Shunning home markets, South Korean retailers pile up on US stocks
SOUTH Korea’s mom-and-pop investors are defying last week’s global financial markets rout by pouring even more funds into US stocks, a years-long trend that analysts and investors bet will...
Intel, pinched by losses, sells stake in chip designer Arm
INTEL, which is slashing jobs and expenses in a bid to turn around the business, sold its holdings in chip technology creator Arm Holdings during the second quarter. The...
Oil tumbles on easing fears of wider Middle East war
BRENT and US crude oil futures fell on Tuesday (Aug 13) as traders grew less nervous about the potential for a wider war in the Middle East, with Iran...
Yangzijiang Financial posts 34% fall in H1 earnings to S$107.4 million
INVESTMENT manager Yangzijiang Financial on Tuesday (Aug 13) posted net profit of S$107.4 million for the six months ended Jun 30, falling 33.9 per cent from S$162.5 million year...
Delfi profit dips 22.3% to US$19.6 million
Confectionery maker’s performance dips on the back of lower sales and currency weakness CHOCOLATE and confectionery manufacturer Delfi posted a 22.3 per cent drop in its net profit for the...
