Lifestyle
Ericsson’s Q1 profit grows unexpectedly, eyes stabilisation of sales in H2
TELECOM equipment maker Ericsson reported on Tuesday (Apr 16) a first-quarter adjusted profit that beat expectations and said sales might stabilise in the second half of the year despite...
Morgan Stanley sees fed cut delay pushing back easing in Asia
MOST central banks across Asia are likely to begin cutting interest rates later in the year – if at all, according to economists at Morgan Stanley, as the US...
China’s growing plastics dominance is squeezing out Asian rivals
CHINA’S rapidly expanding petrochemicals industry is making life increasingly difficult for producers in Asia’s next-biggest exporter of the building blocks for making plastics. Asia’s largest economy used to be...
TSMC first-quarter profit expected to rise 5% on strong AI chip demand
TAIWAN Semiconductor Manufacturing Company (TSMC), the dominant producer of advanced chips used in artificial intelligence (AI) applications, is expected to report a 5 per cent rise in first-quarter profit...
Singapore shares open lower on Tuesday; STI down 0.3%
SINGAPORE stocks fell at the opening bell on Tuesday (Apr 16) morning, tracking losses in global markets amid worries over geopolitical uncertainty in the Middle East. As at 9.01 am,...
Keppel DC Reit to divest Sydney data centre at A$174 million agreed value
KEPPEL DC Real Estate Investment Trust (Reit) is divesting a 100 per cent freehold interest in its Sydney data centre, Intellicentre Campus, at an agreed value of A$174 million...
Broadcom questioned by EU over VMware licensing changes
US chipmaker Broadcom is being asked by European Union antitrust regulators about changes to newly acquired cloud computing company VMware’s licensing conditions following complaints from a spate of EU...
EU set to launch China probe on medical device procurement
THE European Union is set to launch an investigation into China’s procurement of medical devices, risking new tensions with Beijing months after opening a probe into the country’s electric...
