Business

TSMC s net profit hits a new high of 17.4 billion yuan in the second quarter, and is cautious about

18 July 2025

But the earnings momentum in the fourth quarter may vary. In March this year, TSMC and US President Trump announced at the White House that they planned to invest $100 billion (about S$128.6 billion) in the United States. Previously, TSMC had pledge...

NTT Data Center Trust IPO subscription rate is 4.6 times, and the subscription rate is 9.8 times for

12 July 2025

GIC subscribes approximately 1088 million units and holds 9.8% of the shares, making it the second largest investor behind trust sponsor NTT Group (NTT Limited). The sponsoring agency holds a 25% stake. NTT Data Center Real Estate Investment Trust (...

Citi executives: Some wealthy people turn their eyes from the United States to the United Kingdom

5 July 2025

Siger revealed that the UK market is currently one of the regions with strong growth in Citigroup's wealth business. Although the UK has recently raised the tax rate for the rich, some wealthy people are gradually losing interest in the United S...

my country s new loan arrangements with the IMF are extended to 2030, with a maximum limit of US$1.7

1 July 2025

The HKMA pointed out that Singapore has joined since the establishment of the new loan arrangement in 1998. According to a statement issued by the HKMA on Monday (June 30), the arrangement will be extended until December 31, 2030, with a maximum lim...

DBS: AI is expected to hit more than 1 billion yuan in economic value this year

26 June 2025

The HKMA launches its plan Project MindForge in 2023, to deeply evaluate the potential and risks of generative AI in the financial field. Ni Bingrong revealed that an AI regulatory policy will be released this year to provide banks and insuranc...

U.S. market rose before trading on Monday, focusing on Boeing s forecast for global passenger aircra

17 June 2025

Monday (June 16) Focus: Boeing's forecast includes nearly 33,300 single-aisle passenger aircraft, 7,800 wide-body passenger aircraft, 955 factory-made cargo aircraft and 1,545 regional passenger aircraft. Single-aisle jet aircraft mainly include...

Retired people can apply for DBS and Savings Bank credit cards with provident fund income

11 June 2025

Starting from Wednesday (June 11), Chinese people over 65 can apply for DBS Bank and Savings Bank credit cards based on their provident fund income. DBS has more than 900,000 citizens and permanent residents aged 65 and above "DBS formally and...

Urban development sells out of stocks, driving stock prices up 2.46%

5 June 2025

The statement said that after Urban Development sold Fenghua South Bank's shares to IOI Properties Group, it could earn 465 million yuan from the transaction. Fenghua South Bank located on Meizhi Road is jointly developed by Urban Development an...

Haiting performed well in the first quarter, with net orders reaching 21.3 billion yuan

30 May 2025

Due to the current uncertainty in the offshore wind energy market in the United States, Haiting will seek business opportunities in other regions such as Europe and Asia. Among these 26 projects, the total orders for renewable energy and green solut...