Real Estate
Deutsche Bank strikes deal with Postbank ex-shareholders
DEUTSCHE Bank said on Wednesday it had settled a dispute with dozens of former shareholders of Postbank who began litigation alleging the German banking giant’s 2010 takeover shortchanged them.Deutsche...
Zoom projects better-than-expected sales growth on new products
ZOOM Video Communications gave a sales forecast for the current quarter that beat analysts’ estimates as the company expands its suite of products.Revenue will be US$1.16 billion to US$1.17...
Microsoft rejigs reporting on business units, offers clarity on AI benefits
MICROSOFT on Wednesday restructured how it reports results for its business units, moving some search and news advertising revenue under the Azure cloud-computing unit as the tech giant looks to...
SGX-listed agri-commodity players post resilient earnings despite dent from forex losses and higher rates
SINGAPORE-LISTED companies in the volatile agri-commodity sector have posted resilient first-half results this year despite foreign exchange losses from weaker regional currencies and elevated interest rates. Meanwhile, analysts expect...
United Food says it will be delisted for failing to address issues raised in auditor’s report
Trading in its shares have been suspended since September 2021; the company has also not met criteria to exit watch listUNITED Food Holdings clarified on Wednesday (Aug 21) that...
US: Wall St opens slightly higher with payrolls revisions, Fed minutes on tap
Wall Street’s main indexes opened marginally higher on Wednesday (Aug 21), as investors awaited the release of the updated US payrolls data and the minutes from the Federal Reserve’s...
US: Wall Street opens slightly higher with payrolls revisions, Fed minutes on tap
Wall Street’s main indexes opened marginally higher on Wednesday (Aug 21), as investors awaited the release of the updated US payrolls data and the minutes from the Federal Reserve’s...
China’s Didi Global swings to profit in second quarter
CHINA’S largest ride-hailing company, Didi Global, swung to a net profit of 1.4 billion yuan (S$256.5 million) for the second quarter from a 300 million yuan loss a year...
