Real Estate
Cordlife posts 50.3% lower H2 profit; sets up Vietnam subsidiary
CORDLIFE Group’s net profit for the second half ended Dec 31, 2023, declined 50.3 per cent to S$1.5 million from S$3 million in the year prior. The private cord...
SEC is investigating OpenAI over its board’s actions
THE Securities and Exchange Commission began an inquiry into OpenAI soon after the company’s board of directors unexpectedly removed Sam Altman, its CEO, at the end of last year,...
Stocks to watch: IHH Healthcare, Cosco Shipping, MLT, FCT, ComfortDelGro
THE following companies saw new developments that may affect trading of their securities on Friday (Mar 1):IHH Healthcare: The integrated healthcare provider reported earnings of RM727.5 million (S$205.8 million)...
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...