Real Estate
Taiwan chip firms flock to Japan as China decoupling accelerates
JAPAN’S efforts to rebuild its semiconductor industry are getting a shot in the arm as more and more Taiwanese chip companies expand here – not only to support a...
Roblox game developers earned a record US$741 million last year
VIDEO-GAME makers are earning more money than ever developing and distributing games on Roblox. In 2023, Roblox paid out a record US$740.8 million to game creators, according to a...
Hot stock: iFast spikes to over 2-year high on Q4 profit surge
SHARES of iFast hit a record high on Thursday (Feb 22) morning after the financial services company reported a 917.1 per cent rise in fourth quarter net profit.A pre-market...
South Korea holds rates steady, investors eye timing of pivot
SOUTH Korea‘s central bank left interest rates at a 15-year high on Thursday amid signs that the weaker economy is slowing inflation, with investors zeroing in on Governor Rhee Chang...
Cisco to sell US$13.5 billion of bonds to fund Splunk deal
CISCO Systems is selling US$13.5 billion of bonds in the United States high-grade debt market to partly finance its proposed US$28 billion acquisition of Splunk, as issuers rush to...
Mercedes unveils three billion euros buyback as cash flow swells
MERCEDES-BENZ Group plans to buy back as much as three billion euros (S$4.4 billion) worth of stock, extending moves to reward shareholders after cash flow exceeded expectations. The German...
Europe: HSBC, healthcare stocks drag shares lower; Fed minutes, Nvidia results eyed
EUROPEAN shares slipped on Wednesday hurt by banking shares following a drop in shares of HSBC on a disappointing earnings report, while investors braced for the Federal Reserve’s last meeting...
Glencore’s 2023 earnings halve on lower commodity prices
GLENCORE said on Wednesday (Feb 21) lower commodity prices had halved its earnings last year, and slashed its payout to investors, as the company saves to fund the acquisition...
