Business
EuroSports Global explains reasons for keeping Melvin Goh as executive chairman and CEO
EuroSports Global said the board’snominatingcommittee has independently assessed, including considering the important role and involvement…
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Business
Business
US: Wall Street opens higher on Fed rate cut hopes; earnings in focus
Wall Street opened higher on Wednesday (Aug 6), as ongoing optimism about Federal Reserve interest rate cuts kept markets afloat and…
Business
Carro targets US IPO with over US$3 billion valuation: sources
Singapore-based Carro, South-east Asia’s largest used-car online marketplace, is preparing for a US initial public offering as early as…
Business
Uber boosts buybacks by US$20 billion after upbeat forecast
Uber Technologies announced US$20 billion in new stock buybacks after sharing a better-than-expected third-quarter forecast and quarterly…
Business
Straits Trading expects to swing to net loss for H1
But its overall financial position remains healthy with sufficient liquidity to meet its operational and financial commitments, says the…
Business
‘New Keppel’ shows promise; M1 sale and green projects could stir more excitement
Once the world’s largest offshore rig builder, Keppel is doubling down on efforts to transform into an asset manager – most recently with…
Business
McDonald’s global sales top estimates as affordable meal options boost demand
McDonald’s global comparable sales beat Wall Street expectations for second quarter, as affordable meal bundles and promotions drew in…
Business
Chinese streaming platform iQiyi to seeks US$300 million in Hong Kong listing: sources
iyi is seeking to raise US$300 million in a Hong Kong market debut this year, becoming the latest US-listed Chinese firm to tap investors…
Business
Yangzijiang Shipbuilding posts record earnings of 4.2 billion yuan for H1
Yangzijiang Shipbuilding posted a record-high net profit of 4.2 billion yuan (S$752.6 million) for the six months ended Jun 30, 2025,…
Business
Venture Corp posts 8.6% drop in H1 net profit to S$113 million
Technology solutions provider Venture Corp posted an 8.6 per cent drop in net profit to about S$113 million for the six months ended Jun…
Business
Venture Corp Q2 profit edges up to S$57.1 million; H1 earnings remain lower
Technology solutions provider Venture Corp posted a 2.3 per increase in net profit to S$57.1 million for its second quarter ended June…
Business
Disney tops earnings forecasts with streaming gains, raises guidance
Walt Disney posted better-than-expected results for April through June and raised its full-year earnings guidance on Wednesday (Aug 6) as…
Business
Singapore stocks rise for third straight day amid mixed regional showing; STI up 0.5%
Local stocks closed higher on Wednesday (Aug 6), marking a third consecutive day of gains despite a mixed regional market performance and…
Business
Video: Uber’s Sexual Assault Problem
new video loaded: Uber’s Sexual Assault Problem Emily Steel, an investigative reporter for The New York Times, got access to sealed court…
Business
Stocks Fall Worldwide Amid Tariff Concerns and U.S. Economic Slowdown
Global stock markets declined on Wednesday, as traders' fears about the U.S. and global economy worsened. The Dow was down a tad, the S&P…
Business
Zalando Q2 Revenues Rise 7.3%, Full-Year Guidance Adjusted
BERLIN– German online retailing giant Zalando continued to grow in the second quarter, with group revenues rising 7.3 percent to 2.83…
Business
Transforming IT: Best Practices for Network Resilience
Imagine a global manufacturing company's IT team scrambling as their network falters during a critical production run, with assembly lines…
Business
India’s central bank holds rates as expected, but growth risks linger
The Reserve Bank of India (RBI) kept its key repo rate steady at 5.50 per cent on Wednesday, in line with expectations, as policymakers…
Business
The evolving role of listed company directors
Singapore is on a mission to revitalise its capital markets. A high-level working group chaired by Minister for National Development Chee…
Business
Chinese hotel chain Atour is said to seek second listing in Hong Kong
Its American depositary receipts have more than tripled since, valuing the company at about US$4.8 billion Hotel chain Atour Lifestyle…
Business
Imas, UK’s Investment Association join MAS’ Project Guardian focused on asset tokenisation
The Investment Management Association of Singapore (Imas) and Investment Association (IA) on Wednesday (Aug 6) announced their…
Business
UOBKH Alpha Picks portfolio beats STI in July, new top picks for Singapore, Malaysia named
The UOB Kay Hian (UOBKH) Alpha Picks portfolio surpassed the Straits Times Index (STI) in July despite the latter hitting record highs,…
Business
UOBKH portfolio of alpha picks beats STI in July; new top choices for Singapore, Malaysia named
The UOB Kay Hian (UOBKH) alpha picks portfolio surpassed the Straits Times Index (STI) in July despite the latter hitting record highs,…
Business
Cathay Pacific poised to make first Boeing order in 12 years
Cathay Pacific Airways is poised to place an order for new aircraft from Boeing for the first time in 12 years, according to sources…