Culture
Shares of UOL, PropNex surge 5% following H1 results
Shares of Singapore Exchange (SGX)-listed real estate companies in Singapore such as UOL Group and PropNex rose by more than 5 per cent in…
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Culture
Culture
First Resources posts 43.6% higher H1 net profit of US$149.2 million
First Resources posted a 43.6 per cent rise in net profit to US$149.2 million for the first half of 2025 on Thursday (Aug 14). This was up…
Culture
Lenovo’s profit beats estimates with PC growth and AI demand
US President Donald Trump has announced tariffs on imports from some trading partners and declared plans for a 100% levy on chips, raising…
Culture
ST Engineering falls 6.3% despite higher first-half profit; stock had surged over 80% year to date
Shares of ST Engineering tumbled shortly after trading started on Thursday (Aug 14) despite the group announcing better first-half results…
Culture
Gold extends rise as Fed rate-cut bets pressure dollar
Gold rose for a third straight session on Thursday (Aug 14), helped by a weaker US dollar and lower Treasury yields as traders raised bets…
Culture
CapitaLand Investment slides 3.2% on lower H1 earnings
Its H1 net profit fell 13 per cent to S$287 million from S$331 million in the year-ago period Shares of CapitaLand Investment (CLI) fell…
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CapitaLand Investment drops 3.5% on lower H1 earnings
At the midday trading break, its shares were down by 4.3% at S$2.70 – their lowest price in more than a month Shares of CapitaLand…
Culture
Bessent says BOJ is falling behind the curve, expects hike
US Treasury Secretary Scott Bessent said the Bank of Japan (BOJ) is falling behind the curve in addressing inflation, in a rare comment…
Culture
Q&M Dental H1 profit tumbles 60% to S$3.9 million
Q&M Dental’s net profit fell 60 per cent to S$3.9 million for its first half ended Jun 30, 2025, from S$9.7 million in the year-ago…
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StarHub H1 profit falls 41.7% to S$47.9 million; dividend of S$0.03 per share declared
Telco StarHub on Thursday (Aug 14) reported a net profit of S$47.9 million for the first half ended Jun 30, 2025, sliding 41.7 per cent…
Culture
CapitaLand Investment H1 profit down 13% at S$287 million
CapitaLand Investment (CLI) on Thursday (Aug 14) posted a net profit of S$287 million for its first half ended Jun 30, 2025, 13 per cent…
Culture
Striking Boeing defence workers turn to US Congress
BOEING defence industry workers currently on strike asked for congressional lawmakers’ support on Wednesday as they seek to pressure the…
Culture
Mapletree Logistics Trust to divest logistics property in Australia for A$60 million
Its manager says the capital freed up will give MLT room to pursue investment openings in modern, high-spec facilities with more growth…
Culture
EC World Reit’s H1 net property income falls 60.3% to S$18.7 million
EC World Real Estate Investment Trust (Reit) reported a 60.3 per cent decline in net property income to S$18.7 million in the first half…
Culture
US: S&P 500, Nasdaq hit record highs at open on September rate cut hopes
Wall Street’s main indexes opened higher on Wednesday (Aug 13) with the benchmark S&P 500 and the Nasdaq hitting record highs, underpinned…
Culture
Food Empire reports net loss of US$1.5 million, declares first-ever interim dividend of S$0.03
Food Empire reported a net loss of US$1.5 million for the first half-year ended Jun 30, the group said in a bourse filing on Wednesday…
Culture
AEM net profit more than doubles to S$3.1 million
AEM Holdings posted a 245 per cent increase in net profit to S$3.1 million for the half-year ended Jun 30, from S$895,000 the year before.…
Culture
CSE Global H1 earnings up 8.5% to S$16.3 million, boosted by growth of communications business
Technology solutions provider CSE Global reported a profit of S$16.3 million for the first half of FY2025, up 8.5 per cent from the…
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Nanofilm back in the black with H1 net profit of S$1.6 million
Nanofilm Technologies reported a net profit of S$1.6 million for the first half of the year, reversing from a net loss of S$3.7 million in…
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United Overseas Insurance aims to increase technology investments by almost 50% by 2029
United Overseas Insurance (UOI), the general insurance arm of UOB, will increase its technology investments by almost 50 per cent from…
Culture
Singapore’s KPB Biosciences fails in bid to unfreeze assets in US$830 million Novo Nordisk legal battle
Locally headquartered biotech firm KPB Biosciences has failed to set aside a court order for its assets to be frozen, with the Singapore…
Culture
Air Canada flight attendants set 72-hour strike deadline for pay deal
The Canadian Union of Public Employees, representing more than 10,000 Air Canada cabin crew, on Wednesday (Aug 13) gave the airline a…
Culture
GoTo posts fourth straight adjusted profit, helped by cost cuts
Indonesia’s GoTo Group notched a fourth consecutive quarter of adjusted profit, making progress with reining in expenses and boosting…
Culture
ComfortDelGro’s H1 2024 earnings rise 11.2% to S$106 million
Transport operator ComfortDelGro (CDG) reported on Wednesday (Aug 13) an 11.2 per cent increase in earnings for the first half of 2025 to…