Real Estate
UPS profit beats estimates, to cut 20,000 jobs on economic worries
The parcel giant is not providing any updates to its full-year outlook due to the economic uncertaintyPublished Tue, Apr 29, 2025 · 06:51 PM[LOS ANGELES] United Parcel Service reported...
Singapore stocks end lower; STI down 0.2%
[SINGAPORE] Stocks on the local bourse closed slightly lower on Tuesday (Apr 29) after US President Donald Trump’s administration said it will move to reduce the impact of his...
Temasek’s Gabriel Lim to lead Seviora Holdings as CEO
[SINGAPORE] Temasek Holdings’ head of corporate strategy Gabriel Lim will exit his post to lead the Temasek-owned asset management group Seviora Holdings, the group announced in a statement on...
Porsche’s Q1 profit margin plunges on China weakness, US tariffs
Published Tue, Apr 29, 2025 · 03:24 PM[FRANKFURT] Luxury sports carmaker Porsche on Tuesday (Apr 29) said its operating margin fell to 8.6 per cent in the first quarter,...
Carlsberg maintains full-year outlook, warns of volatile consumer sentiment
Carlsberg expects between 1% and 5% growth in organic operating profit for the current yearPublished Tue, Apr 29, 2025 · 02:52 PM[COPENHAGEN/LONDON] Danish brewer Carlsberg on Tuesday (Apr 29)...
Business Structure Showdown: LLC vs. Going Solo
When starting a business, one of the first big decisions you’ll face is choosing the right business entity. Should you go solo as a sole proprietor or form a...
Volvo Cars to cut costs by 18 billion Swedish crowns as earnings drop
Published Tue, Apr 29, 2025 · 01:46 PM[STOCKHOLM] Sweden-based Volvo Cars launched cost cuts of 18 billion Swedish crowns (S$2.4 billion) on Tuesday (Apr 29) as its operating profit...
HSBC sounds Trump tariff alarm, taking shine off Q1 profit and buyback
HSBC warned that loan demand and credit quality could suffer from the broader fallout of US President Donald Trump’s global trade war, signalling tougher times for trade-focused banks even...
HSBC Q1 profit drops 25%; launches US$3 billion share buyback
Published Tue, Apr 29, 2025 · 12:35 PM[HONG KONG] HSBC launched a US$3 billion share buyback after reporting a 25 per cent fall in first-quarter profit on Tuesday due...
These Singapore names are potential winners from election Budget, tariff volatility: Maybank
[SINGAPORE] The Republic’s domestic-oriented stocks could emerge as spillover beneficiaries amid tariff volatility in spite of Singapore’s high trade dependency, said Maybank. That includes sectors such as property and...