Culture
BYD reports biggest quarterly profit fall in over four years
The consecutive quarterly profit fall comes amid intensifying competition at home marketPublished Thu, Oct 30, 2025 · 07:36 PM — Updated Thu, Oct 30, 2025 · 07:47 PM[BEIJING] Chinese...
Sheng Siong reports 12% increase in Q3 earnings to S$43.7 million
[SINGAPORE] Sheng Siong reported an 11.9 per cent increase in earnings to S$43.7 million in the third quarter ended Sep 30, from S$39.1 million in the same period last...
Singapore stocks end lower amid mixed regional trading; STI down 0.1%
Keppel was the top gainer on the index, rising 1.6%, while Mapletree Industrial Trust was the worst performer, falling 2.7%[SINGAPORE] Singapore stocks ended lower on Thursday (Oct 30), amid...
Puma to cut 900 jobs globally by 2026, initiates business U-turn after sales declines
Shrinking market share, weak demand and US tariffs prompt Puma to warn of annual loss[LONDON] German sportswear maker Puma on Thursday (Oct 30) said it would cut 900 jobs...
Shell profit beats estimates as oil and gas trading recovers
The company keeps quarterly US$3.5 billion buybacks, supported by robust operating cash flow[LONDON] Shell’s profit was better than expected in the third quarter, helped by a rebound in performance...
Prudential Q3 new business profit rises 14% to US$705 million; regional CEO leaves
[SINGAPORE] Prudential on Thursday (Oct 30) posted a 13 per cent year-on-year rise in “new business profit” (NBP) for its third quarter ended Sep 30. The insurance company also...
Tech giants test investors’ patience with AI spending spree
Alphabet, Meta Platforms and Microsoft, together have racked up some US$78 billion in capital expenditures last quarter[SEATTLE] The largest technology companies are betting on an artificial intelligence (AI) future...
Nomura expects no more Fed rate cuts in 2025 after October easing
NOMURA said it now expects the US Federal Reserve to keep interest rates unchanged at its December policy meeting, following the central bank’s decision to cut rates on Wednesday.The...
Lim Boon Heng expected to retire as NTUC chairman as soon as this week: Bloomberg
[SINGAPORE] Former Cabinet minister Lim Boon Heng is expected to retire from his role as chairman of NTUC Enterprise Co-operative, the parent of Income Insurance, Bloomberg reported on Oct...
Apac private credit to reach US$92 billion in 2027 on wealth boom
The growth of Asia Pacific’s private markets comes against the broader backdrop of mounting headwind[SINGAPORE] The Asia-Pacific private credit market is projected to grow to US$92 billion in 2027...
