Business
First Resources Q3 profit surges 43.5% to US$87.5 million
Palm oil producer First Resources posted a 43.5 per cent jump in net profit for the third quarter, the company said on Friday (Nov 14).…
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Business
StarHub’s Q3 profit falls 35.3% to S$26.2 million
StarHub posted net profit of S$26.2 million for its third quarter ended Sep 30, down 35.3 per cent from S$40.4 million in the previous…
Business
Apple and OpenAI must face X Corp’s lawsuit for now, US judge rules
APPLE Inc and ChatGPT maker OpenAI on Thursday failed to convince a federal judge to dismiss a lawsuit by Elon Musk’s X Corp accusing them…
Business
US: Wall Street tumbles as Nvidia slides, investors fret that Fed may slow rate cuts
WALL Street ended sharply lower on Thursday, with steep losses in Nvidia and other AI heavyweights, as investors scaled back expectations…
Business
Europe: Shares close lower with upcoming US data in focus; Siemens slides
EUROPEAN shares closed lower on Thursday, as investors shifted their focus to crucial US economic data following the end of the nation’s…
Business
Don’t Bet the House on the 50-Year Mortgage | National Review
President Trump’s proposed reform would be a terrible deal for homebuyers and taxpayers alike. Source link
Business
Novo gets 15 billion euros of orders for Akero acquisition bonds
Novo Nordisk has pulled in more than 15 billion euros (S$22.6 billion) of investor orders for its multi-tranche bond sale, more than…
Business
Centurion posts 9% rise in Q3 revenue with strong demand for worker, student housing
The company has S$713 million in borrowings as at Sep 30, against S$434 million in cash Centurion Corp saw revenue rise 9 per cent to…
Business
From Political Leanings to Lifestyle Habits: How Demographics Paint a Smarter AI
Search engines have long cared little about the person typing the query. Input a question and get a reply, no matter if you're a teacher…
Business
Sats Q2 net profit up 13.3% to S$78.9 million as clients front-load orders ahead of US tariffs
The group declares an interim dividend of S$0.02 per share, higher than S$0.015 a year ago In-flight caterer and ground handler Sats on…
Business
Singapore RI Boy Builds AI Product, Gains 3 Million Users Since July, Company Valued at $100 Million Following New Funding Round
Since launch in July, Agnes AI, a Singapore-born AI platform, has garnered over 3 million registered users worldwide, with daily active…
Business
EC World Reit Q3 net property income down 60.5%; illegally mortgaged units face 2 lawsuits
The Reit is suspended from trading, and it is unlikely to declare any distribution for FY2025 The manager of EC World Reit posted a net…
Business
Apple and Tencent agree to 15% fee on WeChat mini game purchases
Tencent Holdings has agreed a deal with Apple that will see the iPhone maker handle payments and take a 15 per cent cut of purchases in…
Business
Bumitama Agri’s 9M profit rises 29% with record rainfall in Central Kalimantan
Crude palm oil accounts for 84% of its sales, with the remainder from palm kernel Palm oil producer Bumitama Agri posted a 29 per cent…
Business
The 50-Year Mortgage Would Make Things Worse for Gen Z | National Review
This is not the answer to the housing crisis. Source link
Business
Debt-ridden mm2 Asia’s H1 net loss deepens to S$39.7 million as existential threat looms
Entertainment group mm2 Asia on Thursday (Nov 13) reported a net loss of S$39.7 million for the half-year ended Sep 30, widening from the…
Business
1MDB drops JPMorgan, Coutts from US$1.1b lawsuit
Malaysia state firm 1MDB dropped its court action against JPMorgan and Coutts, The Edge reported. The two banks were part of Malaysia’s…
Business
Venture posts 8.3% fall in Q3 earnings amid softness in consumer tech
The company is ‘ramping up activities for hyperscale data centres’, including network connectivity solutions Technology player Venture…
Business
Goldman set for record advisory year after US$110 million fee on EA’s take-private deal
A 2025 M&A rebound has lifted US bank deal revenue, with Goldman outpacing its rivals Goldman Sachs Group’s biggest-ever M&A payday may be…
Business
SIA posts 67.8% drop in net profit to S$238.5 million for H1 FY2026; declares special dividend package
The group attributes the decline in earnings to losses by its associate Air India, which were not included in previous year’s results…
Business
SIA posts 67.8% drop in net profit to S$238.5 million for H1; declares special dividend package
The group attributes the decline in earnings to losses by its associate Air India, which were not included in previous year’s results…
Business
SIA posts 82.1% drop in net profit to S$52 million for Q2; declares special dividend package
The group attributes the decline in earnings to losses by its associate Air India, which are not included in previous year’s results…
Business
Pfizer looks to sell stake in pandemic vaccine partner BioNTech
Pfizer is looking to sell its remaining stake in Covid-19 vaccine partner BioNTech, a remnant from one of the pandemic’s most lucrative…
Business
STI inches higher on Thursday, tracking regional benchmarks
Singapore stocks ended higher on Thursday (Nov 13), tracking regional peers. The benchmark Straits Times Index (STI) gained 0.2 per cent…