Real Estate
Indonesia’s Vidio is aiming to double subscribers ahead of IPO
VIDIO, Indonesia’s answer to Netflix, is aiming to double its paid subscribers to eight million in the next two to three years ahead of plans to go public in...
Google’s payments to Apple reached US$20 billion in 2022, antitrust court documents show
ALPHABET paid Apple US$20 billion in 2022 for Google to be the default search engine in the Safari browser, according to newly unsealed court documents in the Justice Department’s...
Hot stock: DBS hits all-time high on record Q1 net profit
SHARES of DBS : D05 0% reached an all-time peak after the lender reported a record first-quarter performance together with a S$0.54 per share interim dividend after adjusting for...
Qualcomm forecast beats estimates as AI drives chip sales in China
QUALCOMM on Wednesday forecast quarterly sales and adjusted profit above Wall Street expectations, driven by selling more and pricier chips into Android smartphones with artificial-intelligence features.After a smartphone slump...
Oil falls to 7-week low on surprise US storage build, Middle East hopes
OIL prices fell about 3 per cent to a seven-week low on Wednesday on a surprise build in US crude stocks, the prospect of a Middle East ceasefire agreement...
AIG beats profit estimates on underwriting strength
AMERICAN International Group (AIG) exceeded first-quarter profit expectations on Wednesday (May 1), driven by growth in its general insurance as well as life and retirement divisions, and lower catastrophe...
US: Stocks end mostly lower in volatile reaction to Federal Reserve
WALL Street stocks finished mostly lower on Wednesday, concluding a volatile session after the Federal Reserve kept interest rates flat and signaled rate hikes were not probable.Major equities had shot higher...
Marriott boosts full-year profit view after mixed Q1 results
HOTEL operator Marriott International raised its forecast for annual adjusted profit on Wednesday (May 1) after mixed first-quarter results, banking on international travel demand to offset weakening trends in...
