Business
GoTo nears net income as cost cuts, fintech bet gather steam
Indonesia’s Internet champion GoTo Group is getting closer to sustainable profitability, with its finance chief predicting net income in…
Section
Business
Business
ComfortDelGro’s H1 2024 earnings rise 11.2% to S$106 million
Transport operator ComfortDelGro (CDG) reported on Wednesday (Aug 13) an 11.2 per cent increase in earnings for the first half of 2025 to…
Business
ComfortDelGro’s H1 2025 earnings rise 11.2% to S$106 million
Transport operator ComfortDelGro (CDG) reported on Wednesday (Aug 13) an 11.2 per cent increase in earnings for the first half of 2025 to…
Business
UOL H1 net profit rises 58% to S$205.5 million
Property developer UOL Group posted a 58 per cent increase in net profit to S$205.5 million for the first half of 2025. The increase was…
Business
Good governance for vibrant capital markets: towards a market-centric dynamic index
IN 2024, the Singapore Governance and Transparency Index (SGTI) was re-introduced as a dynamic index designed to reflect continuous…
Business
Singapore stocks track regional gains; STI up 1.2%
Shares on the local bourse ended higher on Wednesday (Aug 13), following three consecutive sessions of declines. The rebound came as…
Business
China's Tencent revenue grows 15% in Q2 on strong gaming performance
It reported revenue of 184.5 billion yuan (S$32.9 billion), exceeding analyst estimates of 178.5 billion yuan Tencent reported…
Business
Who is Do Kwon? South Korean " Crypto Genius" and Terraform Labs Founder Pleads Guilty in $40 Billion Cryptocurrency Collapse
South Korean blockchain entrepreneur Do Kwon, whose project's collapse resulted in one of the largest cryptocurrency losses ever, pleaded…
Business
Elon Musk Threatens to Sue Apple Over App Store Rankings of X and Grok
Elon Musk, the billionaire behind SpaceX, Tesla, and social media platform X, has announced plans to sue Apple. He accuses the tech giant…
Business
Temasek-backed ST Telemedia is said to consider selling stake in data centre operator GDS: sources
ST Telemedia (STT) is considering selling its holding in Chinese data centre operator GDS Holdings, people familiar with the situation…
Business
Analysts say StarHub can benefit from consolidation, Singtel to a more ‘limited extent’
Recent surprise acquisitions in Singapore’s telecommunications space may have raised eyebrows, but analysts see the moves by StarHub, M1…
Business
StarHub can benefit from consolidation, Singtel to a more ‘limited extent,’ analysts say
Recent surprise acquisitions in Singapore’s telecommunications space may have raised eyebrows, but analysts see the moves by StarHub, M1…
Business
Thailand’s central bank cuts key rate by 25 bps, as expected
Thailand’s central bank lowered its key interest rate by a quarter point on Wednesday (Aug 13), its fourth cut in 10 months as it looks to…
Business
Thailand’s central bank cuts rates to lowest in two years to support growth
Thailand’s central bank lowered its policy rate by a quarter point on Wednesday (Aug 13), its fourth cut in 10 months, to support a…
Business
DBS sees rising demand for yuan settlements from Chinese exporters
DBS Group, South-east Asia’s largest lender by assets, is seeing growing interest from Chinese exporters to settle trades in renminbi…
Business
Japan's Nikkei tops 43,000 for first time ever
Japan’s Nikkei share average breached the 43,000-mark for the first time on Wednesday (Aug 13), with the broader Topix index also scaling…
Business
Singapore life insurance new business premiums surge 7.7% to nearly S$3 billion in H1 2025 while claims payouts fall 42%
The life insurance industry in the Republic recorded a total of S$2.99 billion in weighted new business premiums for the first half of…
Business
Trump Even Considered Re-Appointing Janet Yellen as Fed Chair in Jerome Powell's Place, Treasury Secretary Scott Bessent Says
President Trump is keeping a "very open mind" regarding a successor for Federal Reserve Chairman Jerome Powell and has even considered…
Business
Paytm shares surge after RBI grants payment aggregator license
Shares of One 97 Communications surged to the highest level in over three years after its unit received approval from India’s central bank…
Business
Nomura sees Fed cutting rates by 25bps in September as inflation cools
RA now expects the US Federal Reserve to cut interest rates by 25 basis points at its September meeting, citing softer core PCE inflation…
Business
Stoneweg Europe Stapled Trust DPS falls 7% to 0.06553 euro for H1
Stoneweg Europe Stapled Trust (Sert) on Wednesday (Aug 13) posted a distribution per stapled security (DPS) of 0.06553 euro for its first…
Business
Stoneweg Europe Stapled Trust DPS falls 7% to 0.06553 euro for H1 amid higher interest expenses
Stoneweg Europe Stapled Trust (Sert) on Wednesday (Aug 13) posted a distribution per stapled security (DPS) of 0.06553 euro for its first…
Business
Why China’s banks are hunting for fortunes stashed abroad
BEHIND the gates of an opulent mansion in Vancouver, San Francisco, or Sydney, a wealthy Chinese individual lives a life of quiet…
Business
Asia: Stocks to gain as US CPI fuels Fed cut bets
STOCKS in Asia were set to track Wall Street higher after an in-line US inflation reading bolstered speculation the Federal Reserve will…