Business
Japan’s megabanks lift profit forecasts to record highs, step up buybacks
The banks’ strong Q2 earnings demonstrate their success in weathering uncertain global economic conditions Japan’s largest banks raised…
Section
Business
Business
Cartier owner sales lifted by jewellery, improving Asia
Strong demand for jewellery boosted the sales of brands such as Buccellati, Cartier, Van Cleef & Arpels and Vhernier by 6% Swiss luxury…
Business
Stamford Land H1 profit rises 4.1% to S$15.8 million on higher hotel room rates
Stamford Land reported a 4.1 per cent rise in net profit to S$15.8 million for its first half ended Sep 30, from S$15.2 million in the…
Business
Geo Energy Q3 net profit falls 55% to US$3.2 million due to lower coal prices
Indonesian coal producer Geo Energy Resources on Friday (Nov 14) reported a 55 per cent decline in net profit to US$3.2 million for the…
Business
The Hour Glass posts 23.2% rise in profit for H1 FY2026 to S$75.7 million
The Hour Glass reported a 23.2 per cent rise in net profit to S$75.7 million for the six months ended Sep 30, 2025, from S$61.4 million in…
Business
Additional spectrum from Simba-M1 merger would give new entity ‘structural advantage’, says StarHub
Telcos react to proposed merger; Circles.Life is concerned about the new entity’s pole position in the wholesale market The proposed…
Business
Singapore stocks fall on Friday, tracking regional peers
Straits Times Index loses 0.7% or 29.84 points to finish at 4,546.07 while the iEdge Singapore Next 50 Index gains 0.1% or 1.54 points to…
Business
Why this festival is Brazil’s most unique cultural experience — and the perfect pairing with Rio
Although I had visited Brazil before, I had never made it to the Amazon, which covers more than half the country. When I finally did, the…
Business
Japan’s Mizuho books 44% rise in Q2 profit, raises forecast
The company’s results show how Japan’s largest banks are cashing in on the end of ultra-low interest rates Japan’s Mizuho Financial Group…
Business
Australia's big four banks move to bypass mortgage brokers as profits squeezed
They are looking to offset pressure on profit margins from lower interest rates, higher costs and intensifying competition Australia’s…
Business
Richemont Sales Surge 10% in First Half
LONDON – Sales at Cartier parent Richemont grew 10 percent at constant exchange to 10.62 billion euros in the first half despite a raft of…
Business
Citi is growing rapidly in China on huge interest, CEO says
The lender is focused on serving Chinese companies looking to expand overseas as well as clients with cross-border need Citigroup is…
Business
ATFX Group Strengthens Institutional and Retail Presence with Global Recognition
ATFX Group, a global fintech leader, has firmly established itself as a robust partner for both financial service providers and individual…
Business
China’s Rich and Famous Can’t Get Enough of Laopu Gold, Here’s Why
LONDON — China‘s middle class has been deep in the Labubu game this year, while those with much larger disposable incomes are embracing an…
Business
No Grab-GoTo merger notification yet: Singapore competition watchdog
The competition watchdog here has not received any notification from ride-hailing firms Grab or GoTo on any proposed merger, but said it…
Business
SIA reiterates support for Air India despite the drag on earnings
‘This is a long-term investment for us, and we have no disillusion that along the way there will be challenges’, CEO Goh Choon Phong says…
Business
Malaysia enters mediation with Julius Baer on US$112 million 1MDB lawsuit
MALAYSIA said it’s entered mediation talks with Julius Baer Group in a bid to settle a US$112 million lawsuit filed against the Swiss bank…
Business
Amazon, Microsoft back effort to restrict Nvidia’s exports to China: WSJ
AMAZON is joining Microsoft in backing legislation to further curb chipmaker Nvidia’s ability to export chips to China, the Wall Street…
Business
Asia: Markets sink on concerns over tech rally, Fed rates
ASIAN markets sank on Friday, tracking a selloff on Wall Street as worries over next month’s Federal Reserve interest rate decision and…
Business
Gold rises, poised for weekly gain on softer dollar
GOLD prices edged higher on Friday and were poised for a weekly rise, supported by a weaker dollar, although gains were kept in check by…
Business
Singapore Airlines shares fall as much as 3.6% on net profit drop
Shares of flag carrier Singapore Airlines fell as much as 3.6 per cent on Friday (Nov 14) after it reported an 82 per cent drop in net…
Business
SIA shares fall as much as 3.6% on net profit drop
Shares of flag carrier Singapore Airlines (SIA) fell as much as 3.6 per cent on Friday (Nov 14) after it reported an 82.1 per cent drop in…
Business
SIA shares tumble on net profit drop; CGSI expects ‘persistent’ Air India losses
Shares of flag carrier Singapore Airlines (SIA) fell as much as 3.6 per cent on Friday (Nov 14) after it reported an 82.1 per cent drop in…
Business
SIA shares fall on net profit drop; CGSI expects ‘persistent’ Air India losses
Shares of flag carrier Singapore Airlines (SIA) fell as much as 3.6 per cent on Friday (Nov 14) after it reported an 82.1 per cent drop in…