Zenith Achievers Group - A Member of OrangeTee


We strive to be one of the most relevant and distinct real estate enterprise in the ever-changing property market in Singapore and the Region.


News & Updates

  • GlaxoSmithKline considers splitting up the group: FT

    Sat, 21 Jul 2018 03:50:29 +0800

    REUTERS: GlaxoSmithKline Plc is considering a break-up of the group after investors pressed the company's board to spin off its consumer division, the Financial Times reported on Friday. GSK Chairman Philip Hampton has been in discussions with the group's biggest shareholders about the creation ...

  • Wall Street braces for tariff fallout as S&P 500 companies report

    Sat, 21 Jul 2018 03:05:27 +0800

    Tariffs are starting to bite big manufacturers and Wall Street could get another bout of caution and uncertainty from major industrial companies when a swath of reports comes in over the next week.

  • Trump attacks on Fed raise specter of political meddling

    Sat, 21 Jul 2018 01:31:07 +0800

    President Donald Trump on Friday (Jul 20) doubled down on his attack on the Federal Reserve for raising interest rates - a shock criticism of the central bank that US presidents traditionally avoid and one economists say is dangerous.

  • US lawmakers cut anti-ZTE measure from must-pass bill: source

    Sat, 21 Jul 2018 00:30:46 +0800

    WASHINGTON: U.S. lawmakers who reached an agreement on a must-pass defense bill cut from the legislation a measure that would have made it harder for the president to undo sanctions slapped on China's ZTE Corp, a congressional source said on Friday. Lawmakers from both parties have been at odds ...

  • Japan's Abe says Japanese auto imports are no threat to US national security

    Fri, 20 Jul 2018 22:10:51 +0800

    TOKYO: Japan's Prime Minister Shinzo Abe said on Friday imports of Japanese automobiles pose no threat to U.S. national security, vowing to convince President Donald Trump not to impose tariffs that could damage the global economy. "Imports of our nation's automobiles and auto parts have never ...

  • AT&T reveals three more cities for 5G launch by end of year

    Fri, 20 Jul 2018 22:36:15 +0800

    AT&T Inc on Friday named Oklahoma City, Charlotte and Raleigh, North Carolina, as three more cities where it plans launch its next-generation wireless network, or 5G, by the end of the year.

  • Japan Inc to chase casino stakes as key law passes: industry insiders

    Fri, 20 Jul 2018 20:46:51 +0800

    Japanese firms are likely to pursue stakes in the country's first casino resorts, after parliament on Friday enacted a law smoothing the way for large-scale gambling - a business expected to generate billions of dollars in revenue.

  • Microsoft soars past US$800 billion in value after bumper results

    Fri, 20 Jul 2018 20:25:32 +0800

    Shares of Microsoft Corp were set to open at a record high on Friday, after the company reported another blockbuster quarter, backed by growth in its legacy software business and Azure cloud computing services.

  • Trump accuses China, EU of currency manipulation

    Sat, 21 Jul 2018 01:20:28 +0800

    WASHINGTON: President Donald Trump on Friday (Jul 20) launched a fresh attack on American trading partners, saying the EU and China were manipulating their currencies, and he threatened to hit all imports from China with high tariffs. The comments also signaled an undiminished appetite for battle ...

  • China and UAE sign deals as president visits Abu Dhabi

    Sat, 21 Jul 2018 00:56:54 +0800

    ABU DHABI: China and the United Arab Emirates signed a raft of economic agreements on Friday (Jul 20) as President Xi Jinping held "extensive talks" in Abu Dhabi that will strengthen political ties, the UAE said. Xi met UAE Vice President Sheikh Mohammed bin Rashid al-Maktoum, who is also ruler of ...

  • Wall Street flat as earnings offset tariff threats

    Sat, 21 Jul 2018 02:55:35 +0800

    U.S. stock index futures fell on Friday after President Donald Trump toughened his stance against China and said he was ready to impose levies on US$500 billion worth of goods from the Asian nation.

  • HSBC account freezes still hurting customers, a year on

    Fri, 20 Jul 2018 19:30:38 +0800

    After a year laying the groundwork for his Karachi-based clothing company's expansion to Europe, businessman Abdul Aziz was poised to start delivery to British shops such as TK MAXX.

  • White House adviser: China offering 'no options' on trade: Axios

    Fri, 20 Jul 2018 19:30:34 +0800

    White House economic adviser Larry Kudlow blamed Chinese President Xi Jinping for a lack of progress over U.S-China trade talks, and warned that U.S. President Donald Trump was "not going to let go" of the issue, Axios reported on Friday.

  • 'Hi, I'm a soybean': In trade war, China deploys cartoon legume to reach US farmers

    Fri, 20 Jul 2018 20:03:27 +0800

    In the tense trade war with the United States, China's government has turned to an unlikely weapon: a cartoon bean.

  • US, euro zone growth readings to tell story of divergence

    Fri, 20 Jul 2018 19:05:53 +0800

    The U.S. and euro zone economies remain a world apart and growth data due in the coming days will only highlight the widening gap, suggesting that monetary policy will continue to move in opposing directions on the two sides of the Atlantic.

  • Baker Hughes revenue rises 2.4 percent

    Fri, 20 Jul 2018 19:01:05 +0800

    Baker Hughes, the oilfield services company controlled by GE, reported a 2.4 percent rise in quarterly revenue, helped by a jump in service orders.

  • Honeywell profit beats on higher demand for aircraft parts

    Fri, 20 Jul 2018 19:05:55 +0800

    Honeywell on Friday reported a higher-than-expected quarterly profit as it sold more aircraft parts and services to business jet and commercial airline customers, prompting the company to raise its 2018 earnings forecast for the third time.

  • GE beats on EPS, but trims cash flow target, shares fall

    Fri, 20 Jul 2018 23:06:07 +0800

    U.S. industrial conglomerate General Electric Co reported a 28 percent drop in quarterly profit on Friday, as weakness in its power business offset gains in aviation and healthcare businesses.

  • Japan lifts ban on Canadian wheat imports

    Fri, 20 Jul 2018 18:40:07 +0800

    Japan on Friday lifted a ban on Canadian wheat imports more than a month after it halted shipments following the discovery of unauthorised genetically modified (GM) plants there.

  • Trump threatens tariffs on all US$500 billion of Chinese imports: CNBC

    Fri, 20 Jul 2018 20:55:39 +0800

    U.S. President Donald Trump on Friday said he was poised to place tariffs on US$500 billion of imported goods from China, threatening in an interview with CNBC to escalate the current trade clash with the Asian nation.

  • Merkel says ThyssenKrupp structure is a commercial matter

    Fri, 20 Jul 2018 17:56:29 +0800

    The structure of German submarines-to-lifts conglomerate ThyssenKrupp is a commercial matter, Chancellor Angela Merkel said on Friday.

  • Boeing would be 'thrilled' with role on new UK fighter-defence CEO

    Fri, 20 Jul 2018 17:56:26 +0800

    Boeing Co , the world's largest planemaker, would be "thrilled" to participate in a new British fighter jet programme, the company's defence chief said, although she said Britain still needed to clarify details about the project.

  • 'Treasure ship' stock bubble draws South Korea warning

    Fri, 20 Jul 2018 17:10:38 +0800

    SEOUL: Rumours of a treasure trove on a Russian ship that sank off South Korea a century ago have sent a company's shares on a rollercoaster ride, triggering a warning Friday (Jul 20) from financial regulators. Start-up business Shinil Group announced earlier this week that it had found an ...

  • Sanctions-hit North Korea economy shrank sharply in 2017: Seoul

    Fri, 20 Jul 2018 15:00:38 +0800

    SEOUL: North Korea saw its economy contract 3.5 per cent last year - its worst showing in two decades - as it was hit by sanctions over its weapons programmes, the South's central bank said Friday (Jul 20). It was a sharp reversal from 3.9 per cent growth in 2016, according to the Bank of Korea ...

  • SoftBank's Vision Fund to invest US$1 billion in China AI startup: Bloomberg

    Fri, 20 Jul 2018 14:10:39 +0800

    SoftBank Group Corp's Vision Fund is seeking to invest almost US$1 billion in SenseTime Group Ltd, a Chinese facial recognition technology developer, Bloomberg reported on Friday.

  • Apple Watch, FitBit could feel cost of US tariffs

    Fri, 20 Jul 2018 13:25:46 +0800

    The latest round of U.S. tariffs on US$200 billion of Chinese goods could hit the Apple Watch, health trackers, streaming music speakers and other accessories assembled in China, government rulings on tariffs show.

  • Malaysia continues to be business-friendly, will curb corruption: PM Mahathir

    Fri, 20 Jul 2018 15:53:36 +0800

    KUALA LUMPUR: Malaysian Prime Minister Mahathir Mohamad assured investors on Friday (Jul 20) that Malaysia will continue to be a business-friendly nation and it welcomes more foreign and domestic direct investments. He added that the new Pakatan Harapan government would enhance anti-corruption ...

  • Chinese yuan defies Trump comments, continues slide

    Fri, 20 Jul 2018 12:00:38 +0800

    SHANGHAI: The Chinese currency continued its sharp decline on Friday (Jul 20) despite US President Donald Trump's bid to rein in the dollar, as analysts pointed out that a weaker yuan aids Beijing in its trade tussle with Washington. The yuan fell to 6.7943 per dollar by late morning on Friday ...

  • Asian stocks choppy, sentiment shaken by sliding yuan

    Fri, 20 Jul 2018 10:50:28 +0800

    TOKYO: Most Asian stock markets retreated on Friday after China allowed its yuan currency to slide further, stoking concerns Beijing's currency management could become the next flash point in a fierce trade conflict with the United States. MSCI's broadest index of Asia-Pacific shares outside Japan ...

  • G20 finance ministers to tackle trade war impact on global economy

    Fri, 20 Jul 2018 07:14:13 +0800

    BUENOS AIRES: Global trade conflicts triggered by the protectionist policies of US President Donald Trump are set to dominate this weekend's meeting of Group of 20 finance ministers in Buenos Aires. US Treasury Secretary Steven Mnuchin is set to "respond to concerns on US trade policies" in the ...

  • Commentary: Overlooked and underpaid, women must speak up and put themselves out there

    Fri, 20 Jul 2018 06:50:38 +0800

    Women must speak out more if Singapore is to grow its number of female business leaders, says one female business leader.

  • At patent trial, Groupon casts IBM as shaking down other tech companies

    Fri, 20 Jul 2018 07:20:39 +0800

    A lawyer for discount e-commerce company Groupon Inc told a court in Delaware on Thursday that International Business Machines Corp has shaken down practically every large tech firm for patent fees.

  • Commentary: If a Harley-Davidson motorcycle isn't 'made in America’, is it still a Harley-Davidson?

    Fri, 20 Jul 2018 06:40:40 +0800

    US President Donald trump may be pursuing his "America First" agenda putting higher tariffs on foreign products to prioritise domestic ones. But whether a product is local or foreign made won't stop American consumers from buying some, says one observer

  • US court OKs speedy appeal of AT&T-Time Warner tie-up

    Fri, 20 Jul 2018 06:10:22 +0800

    WASHINGTON: A federal appeals court on Thursday approved the U.S. Justice Department's request for an expedited schedule for an appeal of a judge's ruling that allowed AT&T Inc to buy content provider Time Warner. The department said last Thursday that it would appeal a federal judge's approval ...

  • Microsoft quarterly results beat as cloud revenue soars

    Fri, 20 Jul 2018 11:40:53 +0800

    REUTERS: Microsoft Corp on Thursday reported quarterly profit and revenue that beat analysts' estimates, as more businesses signed up for its Azure cloud computing services and Office 365 productivity suite. The company's flagship cloud product recorded revenue growth of 89 percent in the fourth ...

  • Microsoft profit climbs as cloud grows

    Fri, 20 Jul 2018 05:45:46 +0800

    SAN FRANCISCO: Microsoft on Thursday (Jul 19) said its revenue and profit climbed in the recently ended quarter, getting results from its bets on cloud computing services and artificial intelligence. The US tech giant reported its net income increased 10 per cent to US$8.8 billion on revenue that ...

  • US stocks fall as some company earnings disappoint

    Fri, 20 Jul 2018 04:50:38 +0800

    NEW YORK: Wall Street stocks fell on Thursday (Jul 19) following a mixed round of earnings, with investors battering companies that posted disappointing results. The Dow Jones Industrial Average finished down 134.79 points (0.53 per cent) at 25,064.50. The broad-based S&P 500 dropped 11.13 points ...

  • Kimberly-Clark weighs sale of European tissues business: sources

    Fri, 20 Jul 2018 03:15:33 +0800

    Kimberly-Clark Corp is exploring a sale of its European tissue business, as it tries to slash costs and combat slowing sales by exiting less profitable areas, according to people familiar with the matter.

  • Poundworld to close all stores costing thousands of jobs

    Fri, 20 Jul 2018 02:50:39 +0800

    LONDON: Bankrupt British retailer Poundworld will close all of its remaining stores as well as its distribution centre and head office, shedding more than 2,600 jobs, its administrators announced on Thursday (Jul 19). The budget chain, which went into administration last month, said it will ...

  • Trump 'not happy' with Fed interest rates

    Fri, 20 Jul 2018 03:12:41 +0800

    WASHINGTON: President Donald Trump criticised the US central bank in comments aired on Thursday (Jul 19), saying its course of interest rate increases counteracted his efforts at growing the economy. The rare rebuke was likely to stir a backlash as it broke with the long-established practice of ...

  • Tesla's battery maker suspends cobalt supplier amid sanctions concern

    Fri, 20 Jul 2018 10:04:12 +0800

    Panasonic said it was unable to determine how much of the cobalt used in batteries it makes for Tesla cars comes from Cuba, a country subject to U.S. sanctions, and that it had suspended relations with a Canadian supplier as a result of its concerns.

  • All Britain's Poundworld stores to close: administrator

    Fri, 20 Jul 2018 02:25:35 +0800

    All British discount retailer Poundworld's stores will close by the middle of next month with the loss of thousands of jobs, the company's administrator Deloitte announced on Thursday.

  • France to seek €190m of public broadcasting cuts

    Fri, 20 Jul 2018 01:51:30 +0800

    PARIS: The French government said on Thursday (Jul 19) that it would demand €190 million of spending cuts at its public broadcasting operations by 2022 as part of President Emmanuel Macron's pledge to improve state finances. The bulk of the cuts - €160 million (US$185 million) - will be made at ...

  • Auto industry pleads against new Trump tariffs

    Fri, 20 Jul 2018 04:35:22 +0800

    WASHINGTON: US auto industry officials pleaded on Thursday (Jul 19) with President Donald Trump's administration to reject a plan to impose tariffs on vehicle imports, which could cripple domestic manufacturing and cause job losses. The pleas came as the European Union said it hoped to defuse the ...

  • FCC: Sinclair 'did not fully disclose facts' on Tribune merger

    Fri, 20 Jul 2018 01:30:49 +0800

    Sinclair Broadcast Group Inc "did not fully disclose facts" about aspects of its US$3.9 billion acquisition of Tribune Media , the Federal Communications Commission said in an order released on Thursday that referred the issue to an administrative law judge for a hearing.

  • European markets mostly drop as trade war fears deepen

    Fri, 20 Jul 2018 00:40:38 +0800

    LONDON: Stock markets mostly fell on Thursday (Jul 19), as fears intensified over the escalating global trade war, analysts said. The dollar rose across the board, with the pound slumping under US$1.30 for the first time in 10 months as weak UK retail sales data dented the chances of an interest ...

  • Some disappointed, others keep calm: Hyflux shareholders meet company management for first time since crisis

    Fri, 20 Jul 2018 02:05:39 +0800

    About 800 holders of Hyflux's notes, perpetual securities and preference shares got their chance to meet the management for the first time since the company applied for court protection in May.

  • Boeing sees foreign orders making 40 percent of defense sales in a decade

    Fri, 20 Jul 2018 00:05:53 +0800

    U.S. aerospace giant Boeing Co could generate more than 40 percent of its defence sales from international customers in a decade, the head of international sales told Reuters.

  • Trump slams EU over US$5 billion fine on Google

    Fri, 20 Jul 2018 06:00:46 +0800

    U.S. President Donald Trump on Thursday criticized the European Union and said the bloc was taking advantage of the United States, pointing to the record US$5 billion fine European antitrust regulators imposed on Google.

  • Aviation industry urged to hire more women as staff shortages loom

    Thu, 19 Jul 2018 23:45:58 +0800

    Executives from top aerospace and aviation companies called on Thursday for stepped-up efforts to attract more women, saying this could help solve looming shortages of pilots, mechanics and top managers in the traditionally male-dominated sector.

  • Britain pulls back on security endorsement of China's Huawei: Sources

    Fri, 20 Jul 2018 08:04:15 +0800

    Senior British security officials say they can give only limited assurances that Chinese firm Huawei's UK operations pose no threat to national security, downgrading their previous position, two people with knowledge of the matter told Reuters.

  • Trump slams record EU fine against Google

    Thu, 19 Jul 2018 22:00:39 +0800

    WASHINGTON: President Donald Trump lashed out on Thursday (Jul 19) after Brussels hit US tech giant Google with a record fine a day earlier, and warned he would no longer allow Europe to take "advantage" of the United States. "I told you so! The European Union just slapped a Five Billion Dollar ...

  • Wall Street falls on sour earnings, trade fears

    Fri, 20 Jul 2018 06:00:43 +0800

    U.S. stocks opened lower on Thursday on declines in financial and industrial stocks and renewed trade tensions on news that the European Union may retaliate if the United States slaps tariffs on EU cars.

  • VW CEO Diess pushes for margin improvements: Manager Magazin

    Thu, 19 Jul 2018 21:41:18 +0800

    Volkswagen Group's new chief executive Herbert Diess is pushing for faster margin improvements at its main Porsche, Audi and VW brands, German monthly Manager Magazin said.

  • Firmer US dollar boosts corporate interest in currency hedging

    Thu, 19 Jul 2018 21:16:31 +0800

    U.S. multinational companies are starting to reevaluate their currency hedging strategies after a surge in the dollar in recent months, as the impact of the stronger greenback starts to show up in second-quarter corporate earnings.

  • Comcast concedes to Disney in bidding war for Fox assets

    Thu, 19 Jul 2018 23:16:08 +0800

    Comcast Corp has dropped its pursuit of a group of media assets owned by Twenty-First Century Fox Inc on which it was bidding against Walt Disney , and instead will focus on its offer for UK TV group Sky , the company said on Thursday.

  • Xi arrives in Abu Dhabi after China signs deals with UAE

    Fri, 20 Jul 2018 01:16:55 +0800

    DUBAI: President Xi Jinping arrived in Abu Dhabi on Thursday (Jul 19) for a three-day visit, after the announcement of oil and trade deals between China and the UAE. Crown Prince Sheikh Mohammed bin Zayed said he was "delighted" to welcome Xi, posting photos on Twitter of the Chinese president ...

  • US weekly jobless claims hit more than 48-and-a-half-year low

    Thu, 19 Jul 2018 21:15:59 +0800

    The number of Americans filing for unemployment benefits unexpectedly fell last week, hitting its lowest level in more than 48-1/2 years, as the labor market continues to strengthen.

  • EU regulators charge Qualcomm with additional violation in pricing case

    Thu, 19 Jul 2018 20:05:59 +0800

    EU antitrust regulators on Thursday charged Qualcomm with a new violation in a case where the U.S. chipmaker has been accused of selling chipsets below cost to drive out Nvidia Corp unit and British phone software maker Icera.

  • Hyflux working hard to stay ‘viable’, ensure fair treatment to shareholders: CEO Olivia Lum

    Fri, 20 Jul 2018 01:57:49 +0800

    Ms Lum also revealed that the troubled water treatment firm is in touch with eight bidders for its Tuaspring Integrated Water and Power Plant, as well as 19 potential rescue financiers.

  • AirAsia announces US$30 billion deal for 100 Airbus planes

    Thu, 19 Jul 2018 20:17:23 +0800

    SEPANG, Malaysia: Malaysian budget airline AirAsia announced a US$30 billion order for 100 Airbus A330neo long-haul planes on Thursday (Jul 19) as it sets its sights on European routes. The first delivery of the passenger jets will arrive towards the end of 2019 and will allow the airline to take ...

  • Blackstone seeks to boost assets with new fundraising 'super cycle'

    Fri, 20 Jul 2018 03:15:28 +0800

    Blackstone Group LP , the largest manager of alternative assets such as private equity and real estate, said on Thursday second-quarter earnings per share rose 55 percent from one year ago.

  • Trump thanks Novartis, Pfizer for not raising drug prices

    Thu, 19 Jul 2018 18:54:32 +0800

    WASHINGTON: US President Donald Trump on Thursday (Jul 19) thanked two major drug companies for not raising their prices and said his administration was working toward "substantially" cutting prescription-drug prices. "Thank you to Novartis for not increasing your prices on prescription drugs ...

  • Audi CEO Stadler presses for release from German custody

    Thu, 19 Jul 2018 18:56:19 +0800

    FRANKFURT: Audi's suspended Chief Executive Rupert Stadler has appealed to a court to be released from custody after spending the past month in jail, the Munich prosecutor's office said on Thursday (Jul 19). Stadler was arrested in mid-June as part of a broader probe into emissions cheating at the ...

  • Saudi Aramco in talks to buy stake in world's no. 4 chemical firm

    Thu, 19 Jul 2018 18:45:52 +0800

    DUBAI: Saudi Aramco said on Thursday it is looking to buy a strategic stake in Saudi petrochemical maker SABIC , a move that could boost the state oil giant's market valuation ahead of a planned initial public offering. Aramco said in a statement that it was in "very early-stage discussions" with ...

  • Norway wealth fund buys logistics real estate in California

    Thu, 19 Jul 2018 18:15:44 +0800

    OSLO: Norway's sovereign wealth fund, the world's largest, has bought a logistics property in the U.S. state of California with its property partner Prologis, it said on Thursday. The fund paid US$25.4 million for a 45-percent stake in the property. Prologis will hold the remaining 55 percent. The ...

  • Switzerland seeks to regain cryptocurrency crown

    Thu, 19 Jul 2018 19:18:32 +0800

    Swiss regulators are stepping up efforts to halt an exodus of cryptocurrency projects from the country, after two of only a handful of banks active in the nascent sector shut their doors on it in the last year.

  • Exclusive: General Electric's power unit faces threat in Saudi Arabia

    Thu, 19 Jul 2018 18:10:37 +0800

    NEW YORK and ABU DHABI: One of General Electric Co's largest and most valuable customers, Saudi Arabia, is lining up competitors to bid against GE for lucrative power plant work, according to five people familiar with the situation. State-controlled Saudi Electricity Co (SEC) has qualified at ...

  • EU readies new trade retaliation list before Trump visit

    Thu, 19 Jul 2018 18:56:27 +0800

    The European Union's trade commissioner said on Thursday she hopes an EU mission to Washington will ease a transatlantic trade dispute but the bloc is preparing a list of U.S. imports to hit if the United States imposes tariffs on EU cars.

  • Keppel's Q2 profit jumps 44% on property, infrastructure divisions

    Thu, 19 Jul 2018 19:02:15 +0800

    SINGAPORE: Keppel Corp posted a 44 per cent rise in its second-quarter profit, citing stronger earnings from its property and infrastructure divisions that offset losses in its other segments, including offshore and marine. Keppel, whose businesses range from rig-building to property development ...

  • Kobe Steel says it has been indicted over data tampering scandal

    Thu, 19 Jul 2018 16:55:27 +0800

    Kobe Steel Ltd said on Thursday it has been indicted by prosecutors over a data tampering scandal that shook the company last year.

  • Taiwan steps in after China turns off tourist taps to Palau

    Thu, 19 Jul 2018 16:19:51 +0800

    TAIPEI: Taiwan has stepped in to help its ally Palau attract more tourists after an airline from the Micronesian nation said it was forced to shut under pressure from China. Taiwan's battle to protect its few remaining official allies has intensified as relations with Beijing deteriorate. Four ...

  • Airbus seeks splash to end airshow with AirAsia wide-body order

    Thu, 19 Jul 2018 18:29:53 +0800

    FARNBOROUGH, England: Airbus was set on Thursday (Jul 19) to win a much-needed endorsement for the A330neo from its largest buyer as AirAsia prepared a long-distance finale to the Farnborough Airshow. This week's air show has been dominated by a flurry of unidentified orders swelled by leasing ...

  • EU mulls coal, pharma, chemicals tariffs if US hits cars: Wiwo

    Thu, 19 Jul 2018 15:10:39 +0800

    The European Union will consider introducing tariffs on coal, pharmaceuticals and chemical products from the United States if President Donald Trump imposes restrictions on European cars, Germany's Wirtschaftswoche magazine reported on Thursday.

  • Fiat Chrysler CEO could miss second quarter presentation: media

    Thu, 19 Jul 2018 15:10:35 +0800

    Fiat Chrysler CEO Sergio Marchionne, who is recovering from a shoulder operation, may not be present to discuss the company's second-quarter earnings with analysts on July 25, Italian website Lettera43 said, without attributing the information.

  • Amazon hands goodwill to eBay with move to shut Australians out of overseas sites

    Thu, 19 Jul 2018 13:55:38 +0800

    Australian home entertainment installer Paul Boon has relied for years on Amazon.com Inc's U.S. website for cheap wall racks and other parts to keep his costs down.

  • Singapore ratifies new trans-pacific trade deal

    Thu, 19 Jul 2018 19:49:43 +0800

    SINGAPORE: Singapore on Thursday (Jul 19) ratified the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), becoming the third nation to do so after Mexico and Japan, the Ministry of Trade and Industry (MTI) said in a press release. The CPTPP - a new version of the Trans ...

  • Japan exports to US fall, business mood sours amid fears of trade war

    Thu, 19 Jul 2018 17:50:04 +0800

    Japan's exports to the United States fell for the first time in 17 months and Japanese business sentiment soured amid worries about U.S. President Donald Trump's protectionist trade policies.

  • Director hit with record S$57,000 fine for offences under Companies Act

    Thu, 19 Jul 2018 11:40:56 +0800

    SINGAPORE: Company director Lawrence Fong Kok Liong has been fined a record S$57,000 for 38 charges, the Accounting and Corporate Regulatory Authority (ACRA) said in a media release on Thursday (Jul 19). Fong pleaded guilty to the charges for offences under section 175 and 197 of the Companies Act ...

  • Asian shares higher on US earnings but trade worries rattle offshore yuan

    Thu, 19 Jul 2018 10:05:31 +0800

    Asian shares made early gains on Thursday as upbeat Wall Street earnings supported global investor sentiment, although trade war jitters pushed China's offshore yuan to a fresh one-year low.

  • Japan trade balance returns to surplus after dip

    Thu, 19 Jul 2018 09:57:15 +0800

    Japan logged a trade surplus in June, after booking a deficit the previous month, official data showed Thursday, with exports rising despite ongoing international trade tensions.

  • Wheelock unit launches offer for Singapore subsidiary

    Thu, 19 Jul 2018 10:00:39 +0800

    SINGAPORE: A unit of Hong Kong-based developer Wheelock and Co said on Thursday (Jul 19) it had launched an offer for all the shares of Singapore-listed subsidiary Wheelock Properties Singapore at S$2.10 each. Star Attraction, a wholly owned indirect subsidiary of Wheelock and Co, said the ...

  • CITGO says CEO's US visa has been revoked

    Thu, 19 Jul 2018 05:20:29 +0800

    Citgo Petroleum Corp , the U.S. subsidiary of Venezuelan state-run oil company PDVSA , said on Wednesday that the U.S. visa of its President and Chief Executive Asdrubal Chavez has been revoked.

  • US tariffs may raise cost of insurance, parts, drive up auto thefts

    Thu, 19 Jul 2018 05:10:48 +0800

    A threat by the U.S. government to impose tariffs of up to 25 percent on imported auto parts could hit consumers in unexpected ways: higher repair costs, insurance premiums and even the theft of more cars for their parts, the industry said.

  • US proposes expedited appeal in fight with AT&T over purchase of Time Warner

    Thu, 19 Jul 2018 04:50:40 +0800

    The U.S. Justice Department has proposed an expedited schedule for an appeal of a judge's ruling that allowed AT&T Inc to buy movie and TV show maker Time Warner, according to a court filing on Wednesday.

  • Alcoa cuts adjusted EBITDA forecast citing tariffs, shares slide

    Thu, 19 Jul 2018 05:00:39 +0800

    Aluminum producer Alcoa Corp said on Wednesday it cut its adjusted earnings before interest, tax, depreciation and amortization (EBITDA) for 2018, citing U.S tariffs on imported aluminum.

  • EBay revenue misses as weak US sporting season hits StubHub

    Thu, 19 Jul 2018 06:50:34 +0800

    REUTERS: EBay Inc missed analysts' estimates for second-quarter revenue on Wednesday, as its online ticket marketplace StubHub had a disappointing quarter, leading the e-commerce website to forecast underwhelming third-quarter results. The company's shares were down about 5 percent at US$36 after ...

  • S&P 500 climbs to five-month high as financials, industrials rise

    Thu, 19 Jul 2018 04:30:38 +0800

    NEW YORK: The S&P 500 hit a five-month high on Wednesday (Jul 18) as strong earnings boosted financial and industrial stocks and reinforced expectations for a strong second-quarter reporting season. As earnings season ramps up, analyst optimism has grown; S&P 500 earnings are now seen to have ...

  • AmEx rewards programme costs cloud strong quarterly results

    Thu, 19 Jul 2018 05:35:50 +0800

    NEW YORK: American Express Co reported a steep rise in quarterly expenses as the credit card issuer spent more to fund its rewards programme, overshadowing its profit beat and sending its shares down 3.5 per cent in extended trading. The company has been bolstering its rewards programmes as it ...

  • IBM gets boost from new businesses, tops estimates

    Thu, 19 Jul 2018 06:55:35 +0800

    International Business Machines Corp on Wednesday reported second-quarter revenue that beat analysts' expectations as it benefited from growth in higher-margin businesses including cybersecurity and cloud computing.

  • Investment firms fight to inject cash in Brazil carrier Oi

    Thu, 19 Jul 2018 08:59:12 +0800

    Three distressed asset funds have sued for the right to participate in a 4 billion reais (US$1 billion) capital increase for Brazilian telecom Oi SA as part of its in-court restructuring, four sources with knowledge of the matter told Reuters this week.

  • US tariffs could raise vehicle prices by US$83 billion: auto trade group

    Thu, 19 Jul 2018 03:35:40 +0800

    A group representing major automakers will tell the U.S. Commerce Department on Thursday that imposing tariffs of 25 percent on imported cars and parts would raise the price of U.S. vehicles by US$83 billion annually and would cost hundreds of thousands of jobs.

  • Farnborough rolls out stealth orders for commercial jets

    Thu, 19 Jul 2018 04:01:51 +0800

    FARNBOROUGH, England: The Farnborough Airshow is typically one of the world's most publicity-focused business events, with plane giants and airline bosses battling to win headlines for deals signed under the roar of stealth fighter displays. Not so this week, when Airbus and Boeing announced ...

  • Audit faults US oversight of auto safety recalls, Takata inflators

    Thu, 19 Jul 2018 03:10:25 +0800

    A government audit released on Wednesday faulted the National Highway Traffic Safety Administration's (NHTSA) oversight of auto safety recalls and said its "delayed action" may have delayed the expansion of a record-setting callback of millions of vehicles for Takata air bag inflators.

  • Tariffs worry US manufacturers nationwide, raise prices: Fed Reserve

    Thu, 19 Jul 2018 03:29:45 +0800

    WASHINGTON: Manufacturers across the United States are worried by President Donald Trump's trade policies, which many blame for higher prices and supply disruptions, according to a Federal Reserve survey released on Wednesday (Jul 18). For the moment the extent of any pass-through to consumer ...

  • Hyundai sets up showroom on Amazon

    Thu, 19 Jul 2018 02:15:44 +0800

    Hyundai Motor Co said on Wednesday it will set up a showroom on Amazon.com that will help car buyers book test drives, check dealer inventories and compare pricing and reviews.

  • Uber names new privacy chief, data protection officer

    Thu, 19 Jul 2018 02:11:05 +0800

    Uber Technologies Inc appointed Ruby Zefo as chief privacy officer and Simon Hania as data protection officer, a company spokesman told Reuters on Wednesday.

  • Wall Street traders set for best year since aftermath of crisis

    Thu, 19 Jul 2018 02:00:43 +0800

    Wall Street trading desks may have reached a post-crisis turning point, with revenue on track for the best year since 2011, second-quarter earnings reports from big U.S. banks showed.

  • Google hit with record-breaking EU fine

    Thu, 19 Jul 2018 01:30:38 +0800

    BRUSSELS: The EU hit Google with its biggest ever fine on Wednesday (Jul 18), imposing a €4.34 billion (US$5 billion) penalty on the US tech giant for illegally abusing the dominance of its operating system for mobile devices. Brussels accused Google of using the Android system's near-stranglehold ...

  • Amazon.com's stock market value hits US$900 billion, threatens Apple

    Thu, 19 Jul 2018 00:55:53 +0800

    Amazon.com's stock market value reached US$900 billion on Wednesday for the first time, marking a major milestone in its 21-year trajectory as a publicly listed company and threatening to dislodge Apple as Wall Street's most valuable jewel.

Featured Properties

Zenith Videos

  • Is this Singapore's most coveted HDB address?

  • Career with Zenith Achievers

  • Orangetee Achievers Conference 2014