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UOB reviewing insurance deal with Prudential

13 Oct 2018 - The Star Online
S’pore lender wants to get more value HONG KONG: Singapore lender United Overseas Bank Ltd (UOB) is reviewing its insurance business, including an existing partnership with Prudential Plc, after South-East Asia witnessed a wave of lucrative distribution deals, sources said. UOB has been soliciting ideas ...
hkex:2378 sgx:k6s usx:puk sgx:u11

Singtel and Starhub to offer Google Pixel 3 in Singapore

10 Oct 2018 - Singapore Business Review
The local telcos will include Google merchandise as part of their promo. Both Singtel and Starhub will offer Google’s flagship phone Pixel 3 as it launches in Singapore. Google itself will sell the handset through its online store starting 1 November. With price ranging from $1,249 for its 5.5-inch model ...
sgx:cc3 usx:googl sgx:z74 usx:goog

Sembcorp clinches 20-year solar power deal for Facebook's Singapore operations

18 Sep 2018 - Singapore Business Review
They will install close to 900 solar panels in Singapore rooftops from 2018 to 2020. Sembcorp Industries (Sembcorp) secured a 20-year contract to provide locally-sourced solar energy to support Facebook’s 170,000 sq m Singapore data centre and its other operations within the Lion City, an announcement ...
usx:fb sgx:u96

Starbucks slides after ‘unacceptable’ performance leads to U.S. store closures

20 Jun 2018 - South China Morning Post
By Martin Baccardax Starbucks Corp. shares slumped in pre-market trading as investors reacted to plans by the world’s largest coffee chain to close as many as 150 U.S. stores and cafes in its upcoming fiscal year amid intensifying competition from rivals. Starbucks shuts 8,000 US stores for anti-bias ...
usx:sbux hkex:4337

Tencent tumbles as US takes aim at Google’s ties with Chinese tech firms

8 Jun 2018 - South China Morning Post
Chinese internet conglomerate Tencent Holdings tumbled on Friday, dragging Hong Kong’s benchmark with it, after the US congress started examining Google’s ties with Chinese technology and telecoms companies such as Huawei, Tencent, and Xiaomi. Google is the latest company to come under fire from US lawmakers ...
hkex:700 sgx:axh usx:googl usx:goog

Singtel launches data-free streaming with Apple Music

31 May 2018 - Singapore Business Review
It will be available to postpaid customers for a fee of $9.98 a month. Singtel will start offering data-free streaming with Apple Music for its postpaid customers at a subscription fee of $9.98 per month. According to an announcement, new and re-contracting customers who sign up for the service will ...
usx:aapl sgx:z74

Alibaba, Tencent, Baidu to hold big stakes in Foxconn unit after US$4.3 billion IPO

28 May 2018 - South China Morning Post
Alibaba, Tencent and Baidu, mainland China’s three biggest internet conglomerates, will become major shareholders in Foxconn Industrial Internet after the technology firm’s upcoming US$4.3 billion initial public offering, China’s biggest domestic listing in three years. The three received 21.78 million ...
usx:baba hkex:700 usx:bidu

China’s largest tech companies have spent billions on investments, but are they smart shoppers?

21 May 2018 - South China Morning Post
China’s technology triumvirate comprising Baidu, Alibaba Group Holding and Tencent Holdings have become some of the country’s most active investors, spending billions of dollars in a variety of industries, whether to support their own core operations or to diversify into exciting new areas. A look at ...
usx:baba hkex:700 usx:bidu

With eye on Asia’s growing online retail sector, JD.com buys US$306 million stake in logistics company ESR

15 May 2018 - South China Morning Post
JD.com, China’s second-largest e-commerce company, announced a US$306 million investment in pan-Asian logistics real estate company e-Shang Redwood (ESR) on Tuesday, in a move that will further expand its reach across Asia’s fast-growing online retail landscape. ESR is China’s second-largest logistics ...
usx:jd sgx:5ew

Apple supplier AAC Technologies slumps as brokers cut target price

15 May 2018 - South China Morning Post
AAC Technologies Holdings slid for a second day after a series of brokers cut their target prices for the stock even as they kept a “buy” rating. The company, which supplies Apple with miniature electronic components, had slumped 6.13 per cent to HK$108.70 by lunchtime on Tuesday after falling 4.8 per ...
usx:aapl hkex:2018