Business
Microsoft layoffs hit its Silicon Valley workforce
Microsoft is slashing its Silicon Valley workforce. The tech giant, which is based in Washington but also has Bay Area offices, is cutting…
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Business
Business
3 Things to Look for in a Full-Service Marketing Agency
Having the best products or services isn’t enough for your business. The old adage that if you build something, customers will come is an…
Business
Japfa expected to delist on Jun 10 as court sanctions scheme of arrangement
Last day of trading of its shares will be on May 16; trading in the counter will be suspended from 9 am on May 19 Agri-food company Japfa…
Business
LHN net profit for H1 rises 8.8% to S$14.1 million
LHN’s net profit for the first half ended March 31 rose 8.8 per cent to S$14.1 million from S$13 million in the year ago period. The real…
Business
Ossia controlling shareholders offer S$0.16 a share to take it private
The controlling shareholders of Ossia International – group executive chairman Goh Ching Wah, chief executive Goh Ching Huat, and…
Business
NetLink NBN Trust’s net profit slips 6.9% to S$46.9 million for H2 FY2025
Internet service provider NetLink NBN Trust posted a 6.9 per cent decrease in net profit to S$46.9 million for the second half ended Mar…
Business
NetLink NBN Trust’s net profit slips 6.9% to S$46.9 million for H2 FY25
Internet service provider NetLink NBN Trust posted a 6.9 per cent decrease in net profit to S$46.9 million for the second half ended Mar…
Business
Dick’s Sporting Goods’ $2.4 Billion Deal for Foot Locker Could Be Big Boon for Nike + More Key Takeaways
On the heels of Skechers’ $9 billion go-private deal last week, all eyes are now on Dick’s Sporting Goods Inc.’s $2.4 billion move to buy…
Business
IEA predicts slower oil demand growth for the rest of 2025
The International Energy Agency (IEA) said on Thursday (May 15) that economic headwinds combined with record sales of electric vehicles…
Business
Benito Skinner on ‘Overcompensating,’ Core Love Stories and Turning Cringe Into Comedy
“I go right back into my old ways,” Benito Skinner says. It’s been roughly a week that Skinner, now a Los Angeles resident, has been back…
Business
Sats to invest over S$250 million to upgrade operations, cargo handling infrastructure at Changi Airport
These strategic initiatives will also enhance operational reliability and safety, and optimise turnaround times Catering and ground…
Business
Alibaba misses revenue estimates as it fights for China e-commerce market dominance
[BENGALURU/SHANGHAI] Alibaba posted quarterly revenue that missed analysts’ estimates on Thursday (May 15), as the e-commerce group works…
Business
SGX RegCo consults on regulatory changes to streamline IPO rules
Listed issuers on the Singapore Exchange (SGX) will be expected to take on a more proactive role in providing timely and relevant…
Business
ITD Cementation India Ltd (BOM:509496) Q4 2025 Earnings Call Highlights: Strong Growth Amidst ...
Total Income (Q4 FY '25): INR2,480 crores, 10% growth year-on-year. EBITDA (Q4 FY '25): INR268 crores. EBITDA Margin (Q4 FY '25): 10.8%.…
Business
Cordlife jumps 48% to S$0.23 on partial offer from Thai-listed Medeze
The stem cell company is seeking to acquire about 25.6 million shares at S$0.25 apiece Shares of Cordlife surged by over 48 per cent on…
Business
Deutsche Telekom first-quarter profit slightly above expectations
The group raised 2025 core profit guidance to about 45 billion euros, up marginally from the previous 44.9 billion Deutsche Telekom…
Business
April new home sales dip 9% month on month to 663 units, but are double year-ago levels
Developers in Singapore sold 663 private homes in April, down 9 per cent from the month before, but up 120 per cent from the 301 units a…
Business
EXCLUSIVE: Sedef Uncu Aki Named CEO at Next Gen Materials Company Gozen
Next-gen materials and biotechnology company Gozen has undergone a leadership switch as it preps for its next phase of expansion. Sedef…
Business
China’s investors signal trade truce is no panacea for markets
The trade truce is not enough to ignite a rush into Chinese financial assets amid expectations of reduced policy stimulus and lingering…
Business
Investors flee SingPost as underlying profit sinks into the red
The group records a 40% fall in net profit as uncertain global logistics conditions pose challenges Shares of Singapore Post (SingPost)…
Business
Newsom proposes $20-million funding cut for California newsrooms, citing budget issues
Gov. Gavin Newsom proposed slashing funding by 67% for a pioneering deal with Google to support struggling California newsrooms, citing…
Business
Bumitama Agri Q1 profit rises 51% to 495.6 billion rupiah
Higher commodity prices and rising production drive revenue up 19% at 4.6 trillion rupiah Bumitama Agri posted on Thursday (May 15) a 51…
Business
Bumitama Agri Q1 profit rises 51% to 495.9 billion rupiah
Bumitama Agri posted on Thursday (May 15) a 51 per cent rise in net profit to 495.9 billion rupiah (S$38.9 million) for the first quarter…
Business
Rich Japanese still fear a yen crash, UBS wealth manager says
Speculators and much of the investing world have turned optimistic on the yen as Trump’s trade war keeps markets on edge. But there’s one…