Real Estate

Siemens is done with selling non-core businesses: CFO
Siemens is done with selling non-core businesses: CFO
SIEMENS is done for now with selling off its peripheral businesses, the technology giant’s finance chief told Reuters in an interview, though he said the company’s future structure would...
SIA may face hefty payout pressure after turbulent flight
SIA may face hefty payout pressure after turbulent flight
Passengers with spinal and brain injuries could seek eight-figure payouts, one lawyer said, as the extent of the harm following the Singapore Airlines flight that encountered extreme turbulence becomes...
Nvidia cuts China prices in Huawei chip fight: sources
Nvidia cuts China prices in Huawei chip fight: sources
NVIDIA’S most advanced artificial intelligence (AI) chip it developed for the China market has got off to a weak start, with abundant supply forcing it to be priced below...
Aussie, NZ dollars on defensive, markets run away from rate cuts
Aussie, NZ dollars on defensive, markets run away from rate cuts
THE Australian and New Zealand dollars were ending the week on the defensive on Friday as upbeat economic data lifted their US counterpart, while debt markets further lengthened the...
SIA may face hefty payout pressure after turbulent flight
Injuries from SIA’s turbulence-hit flight include brain trauma, spinal cord damage
PASSENGERS on board the Singapore Airlines flight that encountered severe turbulence in the skies over Asia suffered traumatic harm ranging from the spinal cord to skull and brain injuries,...
Metro H2 profit drops 23% to S.4 million
Metro H2 profit drops 23% to S$6.4 million
METRO Holdings’ net profit for the half year ended March was down 23 per cent to S$6.4 million, from S$8.3 million a year ago. This was despite a 3.8...
Nomura pay for top executives rises 150% after profit recovers
Nomura pay for top executives rises 150% after profit recovers
NOMURA Holdings more than doubled pay for its top managers last fiscal year, as earnings at Japan’s largest brokerage rebounded on better trading and the nation’s economic recovery.Total compensation...
Japan Foods sinks into the red with S6,000 loss for H2 on higher expenses
Japan Foods sinks into the red with S$576,000 loss for H2 on higher expenses
Japan Foods has sunk into the red with a net loss of S$576,000 for its second half year ended March, compared with a net profit of S$1.8 million in...
TikTok, facing ban, makes it easier for creators to earn money
TikTok, facing ban, makes it easier for creators to earn money
TIKTOK is making it easier for content creators to earn money on its shopping platform, a move that could bolster opposition to a US law that will force Chinese...
Musk’s xAI nears close of deal valuing startup at US billion
Musk’s xAI nears close of deal valuing startup at US$24 billion
ELON Musk’s artificial intelligence startup X.AI is slated to complete a funding round in June that could value the company at more than US$24 billion including its latest influx...