Real Estate
Money Talk: Why Revenue Doesn’t Equal Profit
When you’re running a business, it might seem like revenue is the ultimate goal. After all, more money coming in means you’re doing well, right? But hold up—revenue isn’t...
US: Wall St opens higher after producer prices data
Wall Street’s main indexes opened higher on Thursday (Feb 13) as investors parsed the latest producer prices data, while the prospect of Russia-Ukraine peace talks spurred some risk-taking.The Dow...
MAS review group proposes tax perks to boost Singapore’s equities market; further details on Feb 21
THE Monetary Authority of Singapore’s (MAS) equities market review group is proposing to introduce tax incentives to spur more listings and investments in Singapore’s equities market, in its first...
Sony hikes profit forecast on strong gaming business
It expects a net profit of 1.08 trillion yen (S$9.44 billion) in the year ending March 31, compared with an earlier projection of 980 billion yenJapanese entertainment and electronics...
Siemens posts better than expected profit despite weakness at factory automation
Siemens reported an 8% drop in industrial profit to 2.52 billion euros (S$3.54 billion), beating forecasts for 2.44 billion eurosSiemens reported better than expected profit for its latest quarter...
Ong Beng Seng’s HPL to focus on Orchard Road properties after exiting Cuscaden consortium
HOTEL Properties Limited (HPL), the real estate player owned by tycoon Ong Beng Seng, will focus on developing its assets and holdings after exiting a Temasek-backed consortium that owns...
Baidu to make AI chatbot Ernie Bot free of charge from Apr 1
CHINESE search engine leader Baidu said on Thursday (Feb 13) it would make its artificial intelligence (AI) chatbot Ernie Bot free starting Apr 1, citing improved technology and reduced...
UAE company plans nuclear power plant in Indonesia
UAE firm Emirates Global Aluminium (EGA) plans to build a nuclear power plant with a capacity of up to five gigawatts in Indonesia, the Indonesian economic affairs ministry said...
