Business
Europe: Stocks log record close, boosted by financials, US shutdown relief
EUROPEAN shares logged a second consecutive record close on Wednesday, boosted by financials as investors were relieved by a potential end…
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Business
Business
Qorium Raises 22 Million Euros for Lab-grown Leather; Modern Meadow’s Handbag Collab: Sustainable Scene
GOING DUTCH: Dutch biotechnology company Qorium has raised a 22 million euro series A round to accelerate the commercialization of its…
Business
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…
Business
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…
Business
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…
Business
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…
Business
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…
Business
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…
Business
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…
Business
JB Foods swings into the black with US$59.4 million H1 net profit, declares special dividend
The special dividend of S$0.028 per share is in addition to an interim dividend of S$0.002 a share JB Foods posted a net profit of US$59.4…
Business
Big 4 accounting firms drove nearly half of sector’s total revenue growth in 2024
The sector continues to hire, and expects to grow its workforce by opening up more than 1,500 positions The total revenue of the…
Business
Big 4 accounting firms drive nearly half of sector’s total revenue growth in 2024: survey
The sector continues to hire, and expects to grow its workforce by opening up more than 1,500 positions The total revenue of the…
Business
Potential CapitaLand-Mapletree merger must be examined through an ESG lens
If a deal were to happen, it could create one of Asia’s largest real estate companies A possible merger between two Temasek-linked real…
Business
MAMA AWARDS 2025 Presenters and Performances: World of Street Woman Fighter, Park Bo Gum, and More
MAMA AWARDS 2025 is only a couple of weeks away from its premiere, and the organizers have shared exciting new details about the annual…
Business
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…
Business
ST Engineering posts 9% rise in 9M revenue to S$9.1 billion
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…
Business
Ho Bee Land acquires five Australian residential sites for A$96.6 million
The developments will be financed by the company’s internal funds and bank borrowings. Ho Bee Land has acquired five residential…
Business
Battling the Sea on the Outer Banks
Daniel Pullen offers beautifully composed and striking images of the destruction that climate change has brought to his lifelong home.…
Business
Zhongji Innolight picks banks for one of Hong Kong’s biggest listings
The company’s Shenzhen shares surge 237% since June, lifting its 2025 gain to 300% Zhongji Innolight, a Chinese maker of optical…
Business
UK public transport segment drives 22.4% increase in ComfortDelGro’s Q3 net profit
Transport operator ComfortDelGro’s (CDG) net profit for the third quarter ended September rose 22.4 per cent to S$70.4 million, driven by…
Business
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…
Business
StarHub’s Karie Kow to be NetLink NBN Trust’s CFO from April 2026
Fibre network provider NetLink NBN Trust is appointing Karie Kow, the current vice-president of corporate finance at mobile operator…
Business
STI continues rally on Wednesday’s close
Across the broader market, gainers outnumber 324 to 257, with 1.8 billion securities worth S$1.8 billion changing hands Singapore stocks…
Business
Over 180 Bank Accounts Frozen, S$486,000 Seized in Islandwide Scam Crackdown in Singapore
The Singapore Police Force's Anti-Scam Command (ASCom), in collaboration with local banks, has frozen more than 180 bank accounts linked…