Business
United Hampshire US Reit H1 DPU rises 4% to US$0.0209 on higher occupancy levels
United Hampshire US Real Estate Investment Trust (Reit) on Wednesday (Aug 13) posted a 4 per cent increase in its distribution per unit…
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Business
Business
Commonwealth Bank of Australia’s posts record full-year cash profit
ONWEALTH Bank of Australia reported its best full-year cash earnings and announced a record dividend payout on Wednesday, as strong growth…
Business
Is Genting Singapore still a good bet?
This column predicted late last year that Genting Singapore’s profitability will improve in 2025, and drive a recovery in its beaten down…
Business
Trump's unusual deal with Nvidia and AMD sparks concerns, legal questions
President Trump struck an unusual deal with Nvidia and Advanced Micro Devices that allows the companies to sell certain chips to China in…
Business
Perplexity AI offers Google US$34.5 billion for Chrome browser
PERPLEXITY AI offered Google on Tuesday US$34.5 billion for its popular Chrome web browser, which the internet giant could potentially be…
Business
Do Kwon pleads guilty to fraud over US$40 billion Terra collapse
Terraform Labs co-founder Do Kwon pleaded guilty to charges in a US fraud prosecution tied to the US$40 billion collapse of the TerraUSD…
Business
Oil prices dip as market awaits EIA report
Oil prices dipped on Tuesday as traders awaited an inventory report from the US Energy Information Administration and began looking toward…
Business
Europe: Shares close higher as US-China tariff truce, US data buoy sentiment
EUROPEAN shares closed higher on Tuesday on optimism about the US-China tariff truce and interest rate cuts by the US Federal Reserve,…
Business
US: S&P 500, Nasdaq end at records after benign inflation data
Wall Street stocks surged to fresh records on Tuesday after US data showed stable inflation despite worries over President Donald Trump’s…
Business
Martha Nolan Cause of Death: NYC Designer Insurance Moghul Christopher Durnan Before She Was Found Dead on Boat in Montauk Yacht Club
The circumstances under which New York City swimwear designer Martha Nolan-O'Slatarra died in the Hamptons last week and the cause of her…
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…
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,…