Real Estate
iPhone parts maker Murata eyes supply chain shifts towards India
APPLE iPhone components maker Murata Manufacturing is weighing whether to move some of its production capacity to India, reflecting a global realignment of the supply chain towards the world’s...
Aussie lender NAB’s cash earnings fall on high arrears and costs, shares tank
NATIONAL Australia Bank (NAB), the country’s biggest business lender, said first-quarter profit slipped as competition for customers ate into margins and more borrowers fell behind on repayments, sending its...
HSBC to sell Bahrain retail banking operations as restructuring progresses
HSBC on Tuesday (Feb 18) agreed to sell its retail banking operations in Bahrain to the Bank of Bahrain and Kuwait (BBK) amid a global restructuring at the bank.The...
HSBC to sell Bahrain retail banking operations as restructuring progresses
The deal will see a transfer of retail loans, deposits and accounts of about 76,000 customers to BBKHSBC on Tuesday (Feb 18) agreed to sell its retail banking operations...
UOB beats expectations with Q4 profit up 8.6% to S$1.52 billion; announces S$3 billion capital distribution package
The lender has proposed a final dividend of S$0.92 per share and special dividend of S$0.50 per ordinary shareUOB on Wednesday (Feb 19) posted a net profit of S$1.52...
Trump says he will introduce 25% tariffs on autos, pharmaceuticals and chips
US PRESIDENT Donald Trump said on Tuesday (Feb 18) he intends to impose auto tariffs “in the neighbourhood of 25 per cent” and similar duties on semiconductors and pharmaceutical...
Intel has biggest rally since 2020 on breakup speculation
INTEL soared 16 per cent on speculation that the iconic chipmaker could be broken up in a deal involving Taiwan Semiconductor Manufacturing Company (TSMC ) and Broadcom.TSMC has discussed...
US: Wall St opens higher with Fed policy, Trump tariffs in focus
WALL Street’s main indexes opened higher on Tuesday (Feb 18), as investors focused on potential tariff developments and the US Federal Reserve’s interest-rate strategy following last week’s drop in...
