Culture
Riverstone Q3 earnings fall 28% to RM52 million
Revenue declines 17.1% due to lower prices for gloves amid more intense competition[SINGAPORE] Glovemaker Riverstone Holdings reported a drop of 28 per cent in net profit to RM52 million...
Vicom’s Q3 earnings up 45% as it installs more OBU units in Singapore vehicles
Demand for vehicle inspection services was also strong, buoyed by Singapore’s economic expansion[SINGAPORE] Mainboard-listed Vicom posted S$9.9 million in net profit for the third quarter ended Sep 30, up...
Jardine C&C posts improvements in non-Astra businesses for 9M 2025
It expects its full-year underlying profit to be ‘broadly similar’ to that of 2024 [SINGAPORE] Mainboard-listed Jardine Cycle & Carriage (Jardine C&C) expects its 2025 underlying profit to be...
Duty Free International appoints new group CEO and COO, forms executive committee
The committee will oversee and ensure the effective and efficient implementation of all strategic decisions issued by the board to management[SINGAPORE] Malaysian retail group Duty Free International announced a...
Boustead posts 3% drop in H1 net profit as US tariffs moderate energy sector activities
The board nevertheless declares an unchanged interim cash dividend of S$0.015 per share[SINGAPORE] Mainboard-listed Boustead Singapore ’s net profit for the half-year ended September fell 3 per cent year...
STI slips 0.1% on Monday, bucks regional trend
Genting Singapore is the top gainer on the index while ST Engineering had the biggest decline[SINGAPORE] The Straits Times Index (STI) closed down on Monday (Nov 10), as regional...
Guinness-owner Diageo taps former Tesco chief Dave Lewis for CEO role
[BENGALURU] Diageo appointed former Tesco boss Dave Lewis as its CEO on Monday (Nov 10), ending a months-long search. The company is turning to an outsider to steer the...
Hong Kong extends digital bond ambitions with 3rd offering
City looking to sell digital green bonds denominated in US dollars, Hong Kong dollars, euros and offshore yuanHONG Kong is marketing a new set of “digitally native” bonds denominated...
China’s internet firms cautiously revive lending as Beijing pushes consumer loans
The more stable regulatory environment positions firms such as Ant, Meituan and ByteDance for faster growth and higher margins[BEIJING/SHANGHAI] China’s Internet platforms are quietly reviving consumer lending, taking Beijing’s...
OCBC shares continue rally to hit all-time high after strong Q3
[SINGAPORE] Shares of OCBC hit a new all-time high on Monday (Nov 10), continuing a rally from last week.The counter rose 1.4 per cent to reach a new intraday...
