Culture
Delfi’s Q1 Ebitda down 27.2% on weaker regional currencies, trade tensions
[SINGAPORE] Chocolate confectioner Delfi ran up a 27.2 per cent drop in earnings before interest, taxes, depreciation and amortisation (Ebitda) to US$17 million in the first quarter ended Mar...
CDL posts S$1.9 billion in Q1 sales revenue in Singapore property development
[SINGAPORE] Property developer City Developments (CDL) posted sales revenue of S$1.9 billion for its property development segment in the Singapore market in the first quarter of 2025, driven by...
SLB Development shareholders okay privatisation offer from Lian Beng’s Ong family
[SINGAPORE] Shareholders of SLB Development approved the scheme resolution proposed by Lian Beng Group’s board of directors – which comprises the controlling Ong family – to acquire and privatise...
WeRide joins Tencent Cloud to build smart driving services for overseas markets
Published Tue, May 20, 2025 · 07:20 PM[BEIJING] Chinese self-driving startup WeRide said on Tuesday (May 20) that it will partner with Tencent Cloud to promote large-scale robotaxi commercial...
Malaysia’s IHH unit seeks up to 109 billion rupees in damages from Japan’s Daiichi Sankyo
Northern TK Venture alleges Japan’s Daiichi Sankyo blocked its 2018 bid for an Indian hospital chain, causing financial losses.Published Tue, May 20, 2025 · 07:08 PM[BENGALURU] IHH Healthcare said...
Singapore shares rise amid Wall Street’s overnight gain; STI up 0.2%
Across the broader market, decliners trail gainers 195 to 263, after one billion securities worth S$1 billion change hands[SINGAPORE] Singapore shares rose on Tuesday (May 20), after Wall Street...
Japan’s Honda to scale back on electric vehicles, concentrate on hybrids
The company says it expects to sell 2.2 million to 2.3 million hybrid vehicles by 2030Published Tue, May 20, 2025 · 02:17 PM[TOKYO] Honda Motor said on Tuesday (May...
Japan’s 20-year bond auction gets weakest demand since 2012
The sale comes after a recent surge in longer Japanese bond yields and increased volatility owing in part to US President Donald Trump’s policy measuresPublished Tue, May 20, 2025...
Billionaire Richard Li’s FWD Group again files for Hong Kong listing
Its previous attempts to go public were scuttled by regulatory delays and market volatilityPublished Mon, May 19, 2025 · 11:10 PM[HONG KONG] FWD Group, a Hong Kong-based insurer backed...
Apple partner Foxconn injects US$1.5 billion into India unit
Published Mon, May 19, 2025 · 10:28 PM[HONG KONG] Taiwan’s Foxconn, the main manufacturer of Apple’s iPhones, will inject US$1.5 billion into its India unit as production shifts away...
