Real Estate
UMS Q4 earnings fall 3% to S$15.7 million on lower semiconductor sales
SEMICONDUCTOR manufacturer UMS Holdings on Wednesday (Feb 28) recorded a net profit of S$15.7 million for the fourth quarter ended...
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Nissan plans 2027 driverless ride-share service for ageing Japan
NISSAN Motor is planning an autonomous vehicle ride-share service for Japan in three years to address a dearth of taxi...
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China’s Baidu revenue climbs after AI helps it weather China downturn
BAIDU’S revenue rose 6 per cent after its ChatGPT-style service began to augment advertising sales, helping the Chinese AI leader...
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Meta’s Zuckerberg to deepen tie-up with LG on next-gen devices
MARK Zuckerberg discussed ways to deepen Meta Platforms’ strategic alliance on extended-reality technology with LG Electronics, making his latest stop...
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China’s aviation fuel demand seen up 13% in 2024: CNPC research
CHINA’S aviation fuel consumption is likely to expand 13.1 per cent this year, extending a robust recovery last year on...
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OCBC posts record S$7.02 billion earnings for FY2023; expects lower NIMs, slow loan growth in 2024
SINGAPORE’S second-largest lender OCBC will likely post lower net interest margins (NIMs) and slow loan growth in 2024 amid a...
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Expect lower NIMs, slow loan growth in 2024 amid global growth slowdown: OCBC CEO
SINGAPORE’S second-largest lender OCBC will likely post lower net interest margins (NIMs) and slow loan growth in 2024 amid a...
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Pertamina to intensify exploration in Indonesia’s east amid higher oil, gas output targets
INDONESIA’S state energy company Pertamina wants to intensify its exploration efforts in the country’s eastern regions, a senior official said...
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Toyota’s global output rises by 7% in January
JAPAN’S Toyota Motor said on Wednesday global vehicle production rose by 7 per cent in January, marking a year-on-year increase...
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New Zealand central bank holds rates, flags less hawkish policy track
NEW Zealand’s central bank held the cash rate steady at 5.5 per cent on Wednesday and trimmed the forecast peak...
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