EVs, renewables buoy auto chipmaker Infineon
Infineon Technologies AG, the world’s top automotive chipmaker, is optimistic about growth opportunities in China’s rapidly developing markets, particularly in…
Guan Chong to raise cocoa production capacity
Robust cocoa demand will continue to drive Guan Chong Bhd’s financial performance through the remaining quarters of its financial year…
Mapletree in the red with loss on valuation decline
Mapletree Investments posted a net loss of S$577.2mil for the financial year ended March 31 amid industry headwinds, compared with…
Citi Private Bank sees opportunities in Singapore, region in 2024
Citi Private Bank has completed most of its job cuts and is optimistic about 2024 as it gains new clients…
GIC ‘excited’ by opportunities in Japan
GIC Pte sees more opportunities to engage with Japanese companies to help them boost returns following a raft of governance…
Pharmaceutical industry sees slowing growth momentum
The pharmaceutical industry’s growth momentum faded in the first quarter of the year, as companies grappled with fluctuating and rising…
Subway’s US$3.35bil franchise-backed bond is largest ever
Sandwich chain Subway is selling US$3.35bil of asset-backed securities to help fund its buyout, marking the largest securitisation of its…
Altice International explores ways to cut debt
Altice International has shelved plans to sell assets in the Dominican Republic as the company continues to explore ways to…
New Petrobras chief pledges better returns
The new chief executive officer (CEO) of Brazil’s Petrobras tried to soothe investor concerns about ramping up investments during her…