Real Estate
China’s Zeekr prices US IPO at top of range to raise US$441 million
CHINESE electric vehicle maker Zeekr Intelligent Technology priced its US initial public offering (IPO) at the top of its indicated range, raising US$441 million, it said on Friday (May...
US: Stocks rise on hopes of interest rate cuts
WALL Street stocks climbed on Thursday as economic data raised hopes that the US central bank is on track for interest rate cuts later this year.The Dow Jones Industrial Average rose...
Boeing passenger plane exits runway in Senegal, injuring 11
A Boeing passenger plane came off the runway during takeoff from Dakar international airport early Thursday (May 9), injuring 11 people and shutting the hub for almost 12 hours,...
Drugmaker Abbott India posts Q4 profit rise on higher sales
Indian drugmaker Abbott India reported a 24 per cent rise in fourth-quarter profit on Thursday (May 9), as strong sales outpaced the impact of government pricing caps on certain...
US: Wall St muted as weak earnings offset jobless claims relief
US stock indexes were muted at the open on Thursday (May 9) as a slate of downbeat earnings offset the impact of data that showed US weekly jobless claims...
F&N H1 net profit up 52.5% to S$83.8 million
BEVERAGE maker F&N : F99 0% reported a net profit of S$83.8 million for the first six months of its 2024 fiscal year ended March, a 52.5 per cent...
Warner Bros Discovery posts larger-than-expected loss on studio slump, weak ad market
WARNER Bros Discovery reported a larger-than-expected quarterly loss, as advertising sales slumped at its cable TV unit and the studio segment struggled with the twin effects of last year’s...
Nanjing Xinjiekou seeks shareholders’ support at AGM to emerge from ‘darkest chapter’ in Cordlife’s history
NANJING Xinjiekou Department Store is seeking the support of Cordlife shareholders to remove four directors from the board of the cord-blood bank, ahead of the group’s annual general meeting...
