Business
What If A.I. Doesn’t Get Much Better Than This?
For this week’s Open Questions column, Cal Newport is filling in for Joshua Rothman. Much of the euphoria and dread swirling around…
Section
Business
Business
Delfi H1 net profit down 37.7% to US$12.2 million on softer performance in Indonesia
Delfi posted a 37.7 per cent drop in net profit to US$12.2 million for its first half ended Jun 30, 2025, from US$19.6 million in the…
Business
US: Wall St opens higher as inflation rises moderately in July
Wall Street’s main indexes opened higher on Tuesday (Aug 12) after data showed inflation rose broadly in line with expectations in July,…
Business
YZJ Maritime to raise up to S$250 million through the placement of new shares
YZJ Maritime Development, the proposed spin-off from Yangzijiang Financial Holding, intends to raise up to S$250 million through the…
Business
Yangzijiang Financial H1 net profit up 28% to S$137.7 million
Yangzijiang Financial Holding posted a 28 per cent rise in net profit to S$137.7 million for its first half ended Jun 30, from S$107.4…
Business
Prime US Reit H1 DPU falls by 33.3% to US$0.0012 on the back of higher finance expenses, asset divestment
Prime US Real Estate Investment Trust (Reit) on Tuesday (Aug 12) posted a 33.3 per cent decline in its distribution per unit (DPU) for the…
Business
Prime US Reit H1 DPU falls by 33.3% to US$0.0012 due to higher finance expenses, asset divestment
Prime US Real Estate Investment Trust (Reit) on Tuesday (Aug 12) posted a 33.3 per cent decline in its distribution per unit (DPU) for the…
Business
Sea reports 418.3% surge in Q2 2025 earnings to US$414.2 million, on Shopee and Monee’s performance
Sea Limited reported on Tuesday (Aug 12) a 418.3 per cent increase in its Q2 2025 earnings to US$414.2 million, a jump from the US$79.9…
Business
Singapore shares slip despite upgraded 2025 growth outlook; STI down 0.3%
Stocks on the local bourse ended lower on Tuesday (Aug 12) for the third consecutive session. The decline occurred despite gains in most…
Business
Valuemax H1 net profit up 35.5% at S$48 million
It attributes improvement to robust performance across all its core business segments – pawnbroking, moneylending, gold and jewellery…
Business
DBS suggested Hyflux issue preference shares in 2011, Olivia Lum’s lawyer reveals
The issuance of S$400 million in preference shares by Hyflux in 2011 was suggested by DBS, going by evidence that emerged in the trial of…
Business
Wilmar H1 profit rises 2.6% on improved plantation, sugar milling and food product segments
Agribusiness Wilmar International on Tuesday (Aug 12) reported a net profit of US$594.9 million for the first half ended Jun 30, up 2.6…
Business
Haw Par Corporation H1 net profit up 18.2% at S$144.1 million
It declares an interim dividend of 20 Singapore cents per share, unchanged from the year before Haw Par Corporation posted an 18.2 per…
Business
Hong Leong Asia H1 net profit rises 13.1% to S$56 million
Hong Leong Asia posted a 13.1 per cent rise in net profit to S$56 million for the first half of its financial year ended Jun 30, 2025,…
Business
Steigenberger Icon Europäischer Hof reopens after renovation
H World Group hotel brand Steigenberger Icon’s Europäischer Hof in Baden-Baden, Germany, has reopened its doors after undergoing extensive…
Business
Top Philippine bank likely to sustain record profit, CEO says
BDO Unibank, the Philippines’ biggest lender, expects to sustain record-high earnings this year on broad-based growth in lending, its…
Business
Japan's Nikkei races to record high, SoftBank leads tech surge
Japan’s Nikkei share gauge powered to an all-time high on Tuesday (Aug 12), driven by sharp gains for tech companies and renewed optimism…
Business
Norway’s US$1.9 trillion wealth fund returns 5.7% in H1
Norway’s sovereign wealth fund returned 5.7 per cent and slightly missed its target in the first six months of 2025. The US$1.9 trillion…
Business
Asian Stocks Rise on US-China Tariff Truce and Interest Rate Hopes
Stocks rose in Asia on news that U.S. President Donald Trump will extend a tariff truce between Washington and Beijing for 90 days. This…
Business
China urges firms not to use Nvidia H20 chips in new guidance
China has urged local companies to avoid using Nvidia’s H20 processors, particularly for government-related purposes, complicating the…
Business
China urges firms to avoid Nvidia H20 chips after Trump resumes sales
China has urged local companies to avoid using Nvidia’s H20 processors, particularly for government-related purposes, complicating the…
Business
M1-Simba, Starhub-MyRepublic consolidations: a crowded telco market through the years
Developments of telecommunications companies consolidating dominated this week, after many years of speculation. News broke on Tuesday…
Business
DBS, China-Singapore Suzhou Industrial Park Development sign MOU to advance carbon credit trading
DBS China on Tuesday (Aug 12) has signed a memorandum of understanding with a subsidiary of China-Singapore Suzhou Industrial Park…
Business
DBS China signs MOU with two other parties to advance carbon credit trading
DBS China on Tuesday (Aug 12) signed a memorandum of understanding with a subsidiary of China-Singapore Suzhou Industrial Park Development…