Real Estate
Boeing agrees to US$51 million settlement for US export violations, including in China
BOEING said on Thursday it had reached a US$51 million settlement with the US State Department for numerous export violations including Chinese employees in China improperly downloading documents related...
Nintendo sues company for piracy on ‘colossal scale’
SUPER Mario giant Nintendo has filed a lawsuit against a US maker of software that allows video gamers to play games intended for its hugely popular Switch device on...
G20 hears a US$250-billion-a-year idea: tax the super-rich
FRENCH economist Gabriel Zucman brought a US$250-billion-a-year idea to top policy makers from the world’s biggest economies on Thursday: slap an international wealth tax on the super-rich. Zucman, a...
AMD’s market value tops US$300 billion on wave of AI-fuelled rally
ADVANCED Micro Devices (AMD) shares jumped on Thursday (Feb 29), with the chipmaker extending a surge to hit its latest in a series of fresh records this year. The...
Europe: Shares edge up on earnings relief; German DAX at record high
EUROPEAN stocks climbed on Thursday as investors took comfort in upbeat earnings and an in-line US inflation print, while Germany’s benchmark index touched a record after preliminary data showed slowing...
US UnitedHealth confirms ‘Blackcat’ group behind recent cyber attack
UNITEDHEALTH Group said on Thursday (Feb 29) that the recent cyberattack at its tech unit, Change Healthcare, was perpetrated by hackers who identified themselves as the ‘Blackcat’ ransomware group....
IndoAgri full-year profit down 20.2% from lower selling prices, despite H2 inch up
INDOFOOD Agri Resources on Thursday (Feb 29) posted a net profit of 525.6 billion rupiah (S$45 million) for the second half ended Dec 31, 2023, up 1.5 per cent...
Hong Fok H2 net profit falls 61.5% as Concourse Skyline sale dips
PROPERTY developer Hong Fok posted a net profit of S$81.2 million for the second half of 2023 on Thursday (Feb 29), a 61.5 per cent drop from its earnings...
