The Business Times

Companies & Markets

Energy & Commodities

Petronas sees profit slide for third straight year as oil prices weigh on margins

It reported a profit after tax of RM45.4 billion (S$14.76 billion) in 2025 compared with RM55.1 billion in 2024

Korean stocks have been on a tear, trouncing other markets as the benchmark soared 170% since an April low.
Capital Markets & Currencies

Global funds dump nearly 7 trillion won of South Korean stocks after rally

Despite the massive selling by foreigners, few see this as a bearish turning point

UOB Kay Hian’s net asset value position “remained healthy” at S$2.3 billion as at Dec 31.
Banking & Finance

UOB Kay Hian H2 earnings up 27% at S$140.1 million

The brokerage records top-line growth for the second half and full year

ComfortDelGro has proposed a final dividend of S$0.0459 per share, which takes the total dividend for the year to S$0.0850 per share.
Transport & Logistics

ComfortDelGro H2 earnings up 7.9% at S$124.3 million, full-year revenue crosses S$5 billion

Revenue reflects focused execution of its international growth strategy, says managing director and group CEO Cheng Siak Kian

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Affected cars will have their electric door circuits modified.
Transport & Logistics

1,300 Toyota Prius units recalled in Singapore over rear doors that could open while car is moving

Rectification involves modifying door switch circuits, done free of charge, and for new cars before delivery

SAP has set aside millions of euros to appease angered staff and improve the new global system, which wound up rewarding senior-level employees who did not meet all expectations in their roles.
Telcos, Media & Tech

SAP’s new bonus system sparks outcry over rewards for underperforming bosses

The German software company has seen high executive board turnover in the past six years

Revenue for the half-year stands at S$1.9 billion, up 11.1% from S$1.7 billion in H2 FY2024.
Companies & Markets

CDL H2 net profit up over four times at S$538.5 million on improved showings across all segments

This translates to an EPS of S$0.598, against an EPS of S$0.121 in the year-ago period

Kyoto-based Nintendo also said it would spend up to 100 billion yen buying back up to 14 million shares.
Telcos, Media & Tech

Nintendo announces 290 billion yen share sale by Kyoto bank and others

Nintendo’s shares pared gains and closed up nearly 3% following a Reuters report

IAG said it would return 1.5 billion euros (S$2.24 billion) in excess cash to shareholders over the next 12 months.
Transport & Logistics

British Airways owner IAG beats profit estimates as premium demand lifts earnings

It benefited from lower fuel costs and resilience on its core transatlantic routes

Mizuho has about 15,000 clerical positions at its core banking units and other group companies.
Banking & Finance

Mizuho plans to replace 5,000 clerical jobs with AI in 10 years

Global banks are heavily investing in artificial intelligence to improve operations ranging from product development to risk management

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