Culture

US: Wall Street tumbles after big banks flag pullback risk
[NEW YORK] Wall Street’s main indexes tumbled on Tuesday (Nov 4) as investors questioned lofty tech valuations after the CEOs of top Wall Street banks warned of a stock...
Uber misses on profit even as rideshare, delivery trips soar
The company says that adjusted Ebitda for the fourth quarter will be US$2.41 billion to US$2.51 billion[SAN FRANCISCO] Uber Technologies shares fell after the company posted a miss on...
Harley-Davidson tops revenue estimates on demand for custom touring models
[NEW YORK] Harley-Davidson topped third-quarter revenue estimates on Tuesday (Nov 4) on robust demand for its high-margin custom touring models, which offset the cost of tariffs and a challenging...
Pfizer boosts profit view as it battles for obesity startup
[NEW YORK] Pfizer raised its 2025 profit forecast for the second time this year, as ongoing cost cuts helped make up for slow sales growth that’s driving its battle...
Goldman, Morgan Stanley CEOs warn of pullback in global equity markets
Fears of a market bubble come as the benchmark S&P 500 continues its meteoric climb[HONG KONG] CEOs of Wall Street heavyweights Morgan Stanley and Goldman Sachs on Tuesday (Nov...
SIA Engineering net profit up 13.5% to S$40.4 million for Q2 of FY2026
[SINGAPORE] SIA Engineering had a 13.5 per cent improvement in net profit to S$40.4 million for the quarter ended September, as the increase in revenue outpaced that in expenditure,...
SIA Engineering Q2 net profit up 13.5% at S$40.4 million
Its rise in revenue outpaced that of its rise in expenditure; contributions from associated and joint-venture companies also increased[SINGAPORE] SIA Engineering had a 13.5 per cent improvement in net...
UltraGreen.ai starts pre-marketing of over S$300 million Singapore IPO: sources
The planned share sale would add momentum to Republic’s efforts to attract high-growth companies and boost its capital markets[SINGAPORE] UltraGreen.ai has started pre-marketing for a Singapore initial public offering...
Majority of households owning 2 or more cars in Singapore do not stay in HDB flats
[SINGAPORE] Most households in Singapore that own more than one car are those residing in non-Housing & Development Board (HDB) properties, said Acting Transport Minister Jeffrey Siow in a...
Disclosures of directors’ fees shot up after change in listing rules: SID report
The number of listcos with independent directors serving more than nine years has fallen to 3.2%[SINGAPORE] The number of listed companies disclosing the remuneration of their board directors has...
India freezes over 75 billion rupees in assets tied to Anil Ambani in bank fraud probe
[MUMBAI] India’s top financial crimes agency said it had seized properties worth over US$846 million from firms linked to beleaguered tycoon Anil Ambani as part of a bank fraud...
Asian markets end Tuesday in the red; STI down 0.5%
The three local banks end mixed while CapitaLand Integrated Commercial Trust was the most traded counter on the index[SINGAPORE] Local shares ended Tuesday (Nov 4) lower, tracking a broader...