Impact

DBS reports steady Q1 net profit at S$1.831 billion, wealth management outperforms

DBS reports steady Q1 net profit at S...

May 02

SINGAPORE — DBS Group Holdings, Singapore's biggest lender, beat market expectations by reporting stable quarterly profit on Tuesday (May 2), underpinned by a record performance...

1MDB probe: MAS seeks lifetime trading ban on two ex-bankers

1MDB probe: MAS seeks lifetime...

March 13

SINGAPORE — In an unprecedented move, the Monetary Authority of Singapore (MAS) is seeking lifetime trading bans against two individuals who had been convicted of offences...

Toshiba shares fall 20% after it flags one-off loss

Toshiba shares fall 20% after it...

December 28

TOKYO — Toshiba shares dived more than 20 per cent on Wednesday (Dec 28), their second straight double-digit plunge, as the company said it may book a one-time loss of several...

Bill Gates scoffs at links between high taxes and slower growth

Bill Gates scoffs at links between...

May 18

WASHINGTON – Microsoft co-founder Bill Gates, the world’s richest person, said the US economy is strong and that it’s “just nonsense” to suggest current tax rates restrain...

Still got it: Facebook mobile ad revenue continues to surge

Still got it: Facebook mobile ad...

April 23

NEW YORK — Nearly three-quarters of Facebook's advertising revenue now comes from mobile ads, as many more users access the social network on smartphones and other hand-held...

Facebook shares hit record amid optimism for ads business

Facebook shares hit record amid...

March 20

SAN FRANCISO — Facebook Inc shares closed at a record price yesterday (March 19), indicating investor confidence in the company’s ability to grow its advertising business.

Angry Birds maker Rovio says profit fell 73 per cent in 2014

Angry Birds maker Rovio says profit...

March 19

HELSINKI — Mobile games maker Rovio reported its operating profit fell 73 per cent last year due to a drop in its licensing business, a latest sign its breakthrough Angry Birds...