Real Estate
Nvidia rebound adds US$420 billion market value in four days
IT’S been a rough six weeks for Nvidia shareholders. A historic dip that erased record market value from the company was followed by a four-day stretch of stomach-churning volatility....
Starbucks names Brian Niccol as CEO, replacing Narasimhan
The abrupt leadership shakeup comes after activist investors Elliott Investment Management and Starboard Value reportedly amassed stakes in the companyStarbucks has named Chipotle Mexican Grill chief executive officer Brian...
Halcyon Agri’s H1 loss narrows to US$21.8 million
RUBBER producer Halcyon Agri posted a loss of US$21.8 million for the six months ended June 2024. This was compared to a loss of US$62.1 million in the year-ago...
Sea posts US$79.9 million Q2 profit, beating estimates
GAMING and e-commerce player Sea on Tuesday (Aug 13) posted a net profit of US$79.9 million for the three months ended Jun 30, down 75.9 per cent from US$331...
China new loans drop more than expected in July on weak demand
CHINA’S bank lending tumbled more than expected in July, dragged down by tepid credit demand and seasonal factors even as the central bank vowed to step up policy support...
China new loans hit 15-year low in July, more policy steps expected
CHINA’S bank lending tumbled more than expected in July, hitting the lowest in nearly 15 years, dragged down by tepid credit demand and seasonal factors and raising expectations that...
China Everbright posts 8% lower H1 profit of HK$581.1 million
CHINA Everbright Water’s net profit for the first half ended Jun 30, 2024, fell 8 per cent to HK$581.1 million (S$98.8 million) from HK$632.2 million in H1 FY2023. The...
Carlyle delays Asia buyout fund close as Japan pool saps demand
CARLYLE Group has delayed closing its new pan-Asian buyout fund as demand for a Japan-focused vehicle has syphoned off investor interest, according to sources familiar with the matter.The Washington-based...