Real Estate
US lenders push Indian ed-tech giant Byju’s towards insolvency
INDIA’S top court on Wednesday (Aug 14) revived insolvency proceedings against education technology company Byju’s following a lawsuit by a trust representing US lenders who say they are owed...
Tencent sales growth sped up after blockbuster game release
TENCENT Holdings’ revenue growth accelerated after the blockbuster summer release of Dungeon & Fighter Mobile helped lift China’s most valuable company out of a gaming trough.China’s most valuable company...
Mars to acquire Cheez-It, Pringles maker Kellanova in mega US$36 billion deal
FAMILY-OWNED candy giant Mars, whose brands include M&M’s and Snickers, said on Wednesday (Aug 14) it would buy Cheez-It and Pringles maker Kellanova in a nearly US$36 billion deal,...
iPhone maker Hon Hai beats profit estimates thanks to AI boom
APPLE’S main manufacturing partner Hon Hai Precision Industry reported better-than-expected profit in the second quarter as the device assembler benefited from strong demand for servers powering AI applications.
The iPhone...
China’s embrace of rail and EVs stalls holiday petrol demand
CHINA’S embrace of clean energy means petrol sales are no longer getting their usual bump from holiday travel.Domestic tourists have been out in force this summer, but fossil fuels...
China’s embrace of rail and EVs stalls holiday petrol demand
CHINA’S embrace of clean energy means petrol sales are no longer getting their usual bump from holiday travel.Domestic tourists have been out in force this summer, but fossil fuels...
Bumitama Agri H1 profit falls 27.9% to 856.8 billion rupiah
BUMITAMA Agri posted a 27.9 per cent drop in net profit to 856.8 billion rupiah (S$71.6 million) for the first-half ended Jun 30, from 1.2 tillion rupiah in the...
CDL posts 32% rise in H1 profit to S$87.8 million
The board declares a special interim ordinary dividend of S$0.02 per share for the financial yearCITY Developments Ltd’s (CDL) net profit for the first half-year ended Jun 30, 2024,...
At 83, Kwek Leng Beng confident of seizing opportunities, as CDL posts 32% rise in H1 profit
CITY Developments Ltd’s (CDL) executive chairman Kwek Leng Beng says he is confident of seizing opportunities and making acquisitions notwithstanding high interest rates and global uncertainties.At a briefing after...
