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Auto 07 Feb 2019 | 12:00 AM

Daimler cuts dividend on lower profit

STUTTGART: Daimler cut its dividend as fourth-quarter operating profit fell 22% as trade wars and rising costs for developing electric and self-driving cars hit profits at Mercedes-Benz cars, the company said.

Corporate News 06 Feb 2019 | 10:08 AM

Daimler cuts dividend as Q4 Mercedes earnings take tariff hit

STUTTGART: Daimler cut its dividend as fourth-quarter operating profit fell 22 percent as trade wars and rising costs for developing electric and self-driving cars hit profits at Mercedes-Benz cars, the company said on Wednesday.

Business 03 Jan 2019 | 12:00 AM

Singapore home prices post first drop in six quarters

SINGAPORE: Singapore home prices posted their first decline in six quarters as the government’s cooling measures imposed in July started to bite.

Business 14 Dec 2018 | 12:00 AM

Mideast market risks in 2019

Saudi politics, oil and proxy wars are potential pitfalls for investors

Corporate News 23 Nov 2018 | 5:48 AM

Sime Plantation earnings weighed by lower CPO, palm kernel prices

KUALA LUMPUR: Sime Darby Plantation Bhd's net profit of RM115mil in the quarter ended Sept 30, 2018 was impacted by the lower average crude palm oil (CPO) and palm kernel (PK) prices.