Culture
Asia: Stocks stutter with focus on Fed, tech after US reopen vote
ASIAN markets trod water on Thursday as euphoria over the end of a record US government shutdown petered, with focus back on Federal…
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Culture
Culture
Shares of JB Foods, Food Empire soar on positive earnings
Shares of food exporters in Singapore JB Foods and Food Empire on Thursday (Nov 13) jumped significantly in early trade following their…
Culture
ST Engineering shares jump as much as 4.1% on revenue increase, special dividend
Shares of ST Engineering jumped as much as 4.1 per cent on Thursday (Nov 13) after an increase in its nine-month revenue. The counter…
Culture
Boeing ordered to pay more than US$28 million to 737 MAX crash victim’s family
A jury in federal court in Chicago ordered Boeing on Wednesday to pay more than US$28 million to the family of a United Nations…
Culture
Stocks to watch: AEM, ST Engineering, Seatrium, CDG, Golden Agri, Ho Bee Land, Food Empire, NTT DC Reit
The following companies saw new developments that may affect trading of their securities on Thursday (Nov 13): AEM: The test solutions…
Culture
Ex-Twitter CEO Agrawal’s AI search startup Parallel raises US$100 million
AI STARTUP Parallel Web Systems, founded by former Twitter CEO Parag Agrawal, has raised US$100 million to build web search infrastructure…
Culture
Sasseur Reit Q3 rental income up 4.9% at 166.3 million yuan
The manager of Sasseur Real Estate Investment Trust (Sasseur Reit) on Thursday (Nov 13) posted rental income of 166.3 million yuan (S$30.4…
Culture
Acrophyte Hospitality Trust 9-month net property income falls 13.9% to US$29.1 million
The drop is largely due to hotel dispositions and renovations, as well as increases in operating expenses Acrophyte Hospitality Trust’s…
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Golden Agri-Resources Q3 profit rises 17% to US$124 million on higher output and palm oil prices
Palm oil producer Golden Agri-Resources (GAR) posted a 17 per cent quarter-on-quarter rise in net profit for the third quarter ended Sep…
Culture
Seatrium eyes more new order wins; net order book stands at S$16.6 billion in Q3
The group said it is making ‘steady progress’ toward achieving its 2028 financial targets. Offshore, marine and energy specialist Seatrium…
Culture
Bostic announces retirement amid Trump push for more influence over Federal Reserve
Atlanta Federal Reserve President Raphael Bostic, the first Black and openly gay person to lead one of the US central bank’s 12 regional…
Culture
US House report accuses China of minerals market interference
CHINA for decades has sought to manipulate global critical minerals prices, using its control as an economic weapon to expand its…
Culture
GM wants parts makers to pull supply chains from China
General Motors (GM) has directed several thousand of its suppliers to scrub their supply chains of parts from China, four people familiar…
Culture
UK's Starmer tells BBC to get 'house in order' after Trump legal threat
British Prime Minister Keir Starmer said he supported a strong and independent BBC but the public broadcaster must get its “house in…
Culture
IBM says ‘Loon’ chip shows path to useful quantum computers by 2029
The chip remains in its early stages, and it is not yet known when outsiders can test it International Business Machines (IBM) announced…
Culture
NTT DC Reit posts H1 DPU of 1.69 US cents, seeks growth in Tier 1 data centre markets
It is eyeing opportunities that will reduce tenant concentration, while diversifying its portfolio geographically NTT DC real estate…
Culture
NTT DC Reit posts H1 DPU of US$0.0169, seeks growth in Tier 1 data centre markets
It is eyeing opportunities that will reduce tenant concentration, while diversifying its portfolio geographically NTT DC Real Estate…
Culture
Manulife CQS raises US$1.1 billion for synthetic-risk transfers
The money is for its Manulife CQS Regulatory Capital Relief III Fund as well as some separately managed accounts Manulife’s credit arm CQS…
Culture
Hong Kong’s investment firm reports HK$2 billion return in 2024
As at end-2024, the firm had used up under a fifth of its initial HK$62 billion kitty Hong Kong Investment Corporation (HKIC) generated…
Culture
L’Oréal starts three-part euro bond sale for Kering Beauté deal
The Kering Beauté acquisition marked the latest in a string of deals for the beauty giant L’Oréal is selling at least 1.5 billion euros…
Culture
Food Empire’s Q3 revenue rises 28.3% to US$152.6 million
Food Empire posted a revenue of US$152.6 million for the third quarter ended Sep 30, 2025, up 28.3 per cent from a year ago. In a bourse…
Culture
AEM posts S$4 million 9M net profit, reversing year-ago loss, with “AI era” new solutions
Revenue rose 16 per cent to S$287.5 million, driven by high-volume manufacturing at a major customer Test solutions provider AEM Holdings…
Culture
ST Engineering posts 9% rise in 9M revenue to S$9.1 billion despite impairments from subsidiary
ST Engineering posted a 9 per cent year on year rise in revenue to S$9.1 billion for the nine months ended Sep 30, on the back of strong…
Culture
China's Singles' Day shopping festival winds down with 'muted' sentiment, sales expectations
Consumer malaise in China has made it harder than ever to get people to open their wallets China’s Singles’ Day sales festival is coming…