Culture
BHG Retail Reit H1 DPU falls 12% on lower revenue, forex impact
[SINGAPORE] BHG Retail Reit’s distribution per unit (DPU) fell by 12 per cent to S$0.0022 for its first half year ended June, from S$0.0025 the year before.Revenue for the...
Riverstone Q2 earnings fall 37.4% to RM45.4 million
[SINGAPORE] Gloves maker Riverstone Holdings posted a 37.4 per cent year on year drop in net profit to RM45.4 million (S$13.8 million) for the quarter ended June from RM72.5...
Trump urges Intel CEO Tan Lip-Bu to resign immediately, calls him ‘conflicted’
[WASHINGTON] US President Donald Trump called on the chief executive officer of Intel to resign because of what he called conflicts of interest.“The CEO of Intel is highly conflicted...
‘We are a big tanker; we are shifting’: UOB’s Wee Ee Cheong takes long-term view on trade loans
[SINGAPORE] Trade loans remain a relatively small portion of UOB’s total portfolio, but their contribution to the bank’s balance sheet is expected to become more visible over time, said...
Singapore Land posts 7% higher earnings of S$111.4 million for H1
Its revenue rose 8% to S$368.3 million on the back of higher conributions from property investments and technology operations[SINGAPORE] Property developer Singapore Land Group posted a 7 per cent...
Genting Singapore H1 profit falls 34% to S$234.7 million on weaker gaming, room revenue
[SINGAPORE] Resort and casino operator Genting Singapore reported a 34 per cent drop in profit for the first half of the year to S$234.7 million.Revenue declined by 10 per...
Hyflux’s ex-director pleads guilty to disclosure-related charge, fined S$90,000 and disqualified from directorship
[SINGAPORE] A former independent director of Hyflux pleaded guilty on Thursday (Aug 7) to being negligent in the insolvent water treatment firm’s failure to disclose to the Singapore Exchange...
Tokyo Electron sacks Taiwan employee over TSMC tech leak
[TAIPEI] Tokyo Electron said on Thursday (Aug 7) it has fired an employee at its Taiwan subsidiary over their alleged involvement in a trade secret leak at Taiwanese chipmaking...
DBS looks to volume growth to mitigate falling interest rates; stock soars to record high
[SINGAPORE] DBS expects deposits volume growth will continue to support net interest income for 2025, even as its net interest margin (NIM) declines due to falling interest rates, said...
Toyota braces for 1.4 trillion yen hit from US tariff turmoil
[TOKYO]Toyota Motor lowered its annual guidance as it warned of a 1.4 trillion yen (S$12 billion) hit to its bottomline from US tariffs that have rattled the global automotive...
