Culture
The Hour Glass posts 23.2% rise in profit for H1 FY2026 to S$75.7 million
[SINGAPORE] The Hour Glass reported a 23.2 per cent rise in net profit to S$75.7 million for the six months ended Sep 30, 2025, from S$61.4 million in the...
Additional spectrum from Simba-M1 merger would give new entity ‘structural advantage’, says StarHub
Telcos react to proposed merger; Circles.Life is concerned about the new entity’s pole position in the wholesale market [SINGAPORE] The proposed Simba-M1 merger will result in the combined Simba-M1...
Singapore stocks fall on Friday, tracking regional peers
Straits Times Index loses 0.7% or 29.84 points to finish at 4,546.07 while the iEdge Singapore Next 50 Index gains 0.1% or 1.54 points to 1,461.39[SINGAPORE] Singapore stocks ended...
Japan’s Mizuho books 44% rise in Q2 profit, raises forecast
The company’s results show how Japan’s largest banks are cashing in on the end of ultra-low interest rates [TOKYO] Japan’s Mizuho Financial Group posted a 44 per cent rise...
Lukoil’s oil trading business sheds staff in Singapore, Geneva and Dubai as sanctions near
[LONDON] The oil trading business of Russia’s Lukoil PJSC began shedding staff all over the world – with just days to go until sanctions on the Moscow-based energy giant...
Australia’s big four banks move to bypass mortgage brokers as profits squeezed
They are looking to offset pressure on profit margins from lower interest rates, higher costs and intensifying competition[SYDNEY] Australia’s biggest banks are ramping up efforts to reduce their reliance...
Citi is growing rapidly in China on huge interest, CEO says
The lender is focused on serving Chinese companies looking to expand overseas as well as clients with cross-border need[SHANGHAI] Citigroup is growing “rapidly” in China with reviving interest from...
Punctuality, passenger impact among LTA’s new reliability indicators; 99% of trains on time in Sept
[SINGAPORE] The Land Transport Authority (LTA) has released data on three new rail reliability indicators, with one of them showing that more than 99 per cent of trains ran on time...
No Grab-GoTo merger notification yet: Singapore competition watchdog
[SINGAPORE] The competition watchdog here has not received any notification from ride-hailing firms Grab or GoTo on any proposed merger, but said it remains open to engaging with the...
SIA reiterates support for Air India despite drag on earnings
CEO Goh Choon Phong says the Indian carrier is a long-term investment, and that the group has no illusion that the journey would be free of challenges[SINGAPORE] Singapore Airlines...
