Business
Starbucks struggles to find a new identity in cut-throat China
When a group of private equity investors and Chinese technology companies were asked for ideas on how they would revive Starbucks’s…
Section
Business
Business
Olam H1 profit rises 573.2% to S$323.8 million as Remaining Olam Group swings into the black
Olam Group posted a 574 per cent rise in net profit to S$323.8 million for its first half year ended Jun 30, from S$48 million in the…
Business
Olam H1 profit rises 574% to S$323.8 million as remaining Olam Group swings into the black
Olam Group posted a 574 per cent rise in net profit to S$323.8 million for its first half year ended Jun 30, from S$48 million in the…
Business
Olam H1 profit rises 574% to S$323.8m as continuing operations swing into the black
Olam Group posted a 574 per cent rise in net profit to S$323.8 million for its first half year ended Jun 30, from S$48 million in the…
Business
ST Engineering H1 earnings up 19.7% at S$402.8 million
Singapore Technologies Engineering (ST Engineering) on Thursday (Aug 14) posted a 19.7 per cent increase in net profit to S$402.8 million…
Business
ST Engineering H1 earnings up 19.7% at S$402.8 million, cites defence demand in Europe, Middle East
Singapore Technologies Engineering (ST Engineering) on Thursday (Aug 14) posted a 19.7 per cent increase in net profit to S$402.8 million…
Business
ST Engineering H1 earnings up 19.7% at S$402.8 million on back of defence demand in Europe, Middle East
Singapore Technologies Engineering (ST Engineering) on Thursday (Aug 14) posted a 19.7 per cent increase in net profit to S$402.8 million…
Business
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…
Business
StarHub signals intention to go aggressive on acquisitions even as H1 profit falls 41.7%
StarHub chief executive Nikhil Eapen on Thursday (Aug 14) declared that the telco will continue to be aggressive on acquisitions. “We have…
Business
Westpac profit holds steady on rise in margins and higher lending
AUSTRALIA’S Westpac Banking Corp posted a steady third-quarter profit on Thursday, buoyed by wider margins, on the back of fewer liquid…
Business
Westpac profit grows 5% on margin lift and higher lending
Australia’s Westpac Banking on Thursday (Aug 14) said wider margins and lending and deposits gains helped it post slightly higher…
Business
Stocks to watch: StarHub, Olam, CapitaLand Investment, Mapletree Logistics Trust, ComfortDelGro
The following companies saw new developments that may affect trading of their securities on Thursday (Aug 14): StarHub: The telco on…
Business
Sasseur Reit posts 3.1% lower Q2 DPU of S$0.03055
The manager of Sasseur Real Estate Investment Trust (Reit) on Thursday (Aug 14) said that its distribution per unit (DPU) for the second…
Business
Sasseur Reit posts 3.1% lower H1 DPU of S$0.03055
The manager of Sasseur Real Estate Investment Trust (Reit) on Thursday (Aug 14) said that its distribution per unit (DPU) for the first…
Business
Telstra logs higher annual profit, announces A$1 billion buyback
Australian telecom firm Telstra Group forecast higher operating earnings for fiscal 2026 and reported a 31 per cent rise in its fiscal…
Business
Thailand’s Delta sees AI boom boosting sales for coming years
Delta Electronics (Thailand), the country’s most valuable publicly traded company, is predicting “double-digit” sales growth to continue…
Business
Aoxin Q&M Dental H1 net profit down 44.3% at 2.7 million yuan
Revenue rises 4.6% to 86.8 million yuan, from 83 million yuan in the year-ago period Catalist-listed Aoxin Q&M Dental on Thursday (Aug 14)…
Business
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…
Business
CapitaLand Investment H1 profit down 13% at S$287 million on lower revenue
The decline is due to the deconsolidation of CapitaLand Ascott Trust and the loss of contributions from divested US and China assets…
Business
US chip-gear maker sued in China over alleged trade secret theft
Top US chip-equipment supplier Applied Materials was sued by a rival in China over what that company characterised as trade secret theft,…
Business
Google pledges US$9 billion to expand AI, cloud infrastructure in Oklahoma
ABET’S Google said on Wednesday it will spend an additional US$9 billion in Oklahoma over the next two years to expand cloud and…
Business
New acquisition, healthcare segment fuelling Sunningdale Tech: non-exec chairman Koh Boon Hwee
Precision plastics engineering company Sunningdale Tech has continued to grow even after delisting from the Singapore Exchange (SGX) in…
Business
Oracle cuts cloud division jobs amid surge in AI spending
Many tech giants have sought to deal with the surging costs of AI by reducing expenses in other parts of the business Oracle is cutting…
Business
Europe: Shares near two-week highs on Fed rate cut expectations
EUROPEAN shares hit a near two-week high on Wednesday, underpinned by gains in heavyweight healthcare and technology stocks, as…