Real Estate
Nvidia supplier SK Hynix’s profit soars 158% on AI demand boost
[SEOUL] SK Hynix’s operating profit jumped a bigger-than-expected 158 per cent, helped by both a global race in artificial intelligence (AI) and stockpiling ahead of US tariffs of both...
Kering sales drop more than expected in first quarter as Gucci crisis deepens
[PARIS] The crisis at Kering’s flagship Gucci label deepened in the first quarter, the company said on Wednesday (Apr 23) as it flagged possible job cuts with no signs...
Oil falls 2% after sources say Opec+ to mull accelerating output
[HOUSTON] Oil prices slipped 2 per cent on Wednesday (Apr 23) as sources said Opec+ would consider accelerating its oil output increases in June, but losses were curbed following...
Business Credit Scores: The Numbers Game
When it comes to running a business, understanding your credit score is key. Just like personal credit scores, business credit scores can greatly impact your ability to secure loans,...
PropNex Realty faces second lawsuit over 99-1 deals
[SINGAPORE] A PropNex unit – together with its salesperson and a law firm – has been sued by an Indonesian couple claiming about S$850,000 over a 99-to-1 transaction, making...
Keppel enters joint venture to develop 19 plots of land in Tianjin
Agreement includes Keppel’s divestment of 30% stake in property developer Tianjin Fulong[SINGAPORE] Keppel Ltd said its wholly owned subsidiaries have entered into an agreement with Tianjin Shunhua Real Estate...
Fireworks at CDL AGM, but shareholders vote strongly in favour of all resolutions
[SINGAPORE] The boardroom tussle at City Developments Ltd (CDL) involving executive chairman Kwek Leng Beng and his son, chief executive officer Sherman Kwek, was purportedly set aside for the...
Apple fined 500 million euros and Meta 200 million euros for breach of EU law
[BRUSSELS] Apple was fined 500 million euros (S$747.6 million) on Wednesday (Apr 23) and Meta 200 million euros, as European Union antitrust regulators handed out the first sanctions under...
