Technology
Super Micro jumps after filing delayed financial reports
SUPER Micro Computer gained more than 20 per cent in extended trading after it submitted outstanding financial reports to become compliant with Nasdaq rules, easing concerns risks that the...
OCBC shares down close to 3% after Q4 earnings miss
Net profit of S$1.69 billion for the fourth quarter fell short of the S$1.78 billion consensus forecastSHARES of OCBC fell in early trading on Wednesday (Feb 26) morning after...
China must cut 15% of steel capacity to meet 2025 climate goals
CHINA needs to tackle its steel glut by cutting 15 per cent of capacity this year, if mills are to meet their 2025 climate goals and return to profitability,...
CDL H2 net profit drops 54.7% to S$113.5 million on property development segment’s lower contributions
PROPERTY player City Developments Ltd (CDL) posted a profit of S$113.5 million for its second half ended Dec 31, down 54.7 per cent from S$250.8 million in the previous...
Starbucks to outsource some tech work after corporate shake-up
The goal is to shift full-time workers to the company’s most important initiatives while leaning on service providers for “speed and agility”STARBUCKS will outsource some technology work following a...
SingPost to hold EGM on Mar 13 to seek shareholders’ approval for sale of Australia business; mulls special dividend
SINGAPORE Post (SingPost) said on Wednesday (Feb 26) it will hold an extraordinary general meeting (EGM) to seek shareholders’ approval for the proposed divestment of its Australia business, Freight...
Italy extends big tech tax probe to Musk’s X social network
ITALY is claiming 12.5 million euros (S$17.4 million) from Elon Musk’s social network X following a tax probe running parallel to one into Meta, four sources with direct knowledge...
BLACKPINK’s Lisa to Make History as First K-Pop Star to Perform at the Oscars Alongside Doja Cat and RAYE
Popular K-pop sensation Lisa, a member of the K-pop band BLACKPINK, is set to perform at the 97th Academy Awards on March 2. She will be the first K-pop...
