Business
CapitaLand Investment total revenue falls 24% to S$496 million in Q1
CapitaLand Investment (CLI) reported a total revenue of S$496 million for the first quarter ended Mar 31, down 24 per cent from S$650…
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Business
Business
Singapore stocks rise on Wednesday, snapping four-day losing streak; STI up 0.7%
Across the broader market, gainers beat decliners 288 to 177, after 971.8 million securities worth S$1.4 billion change hands Equities on…
Business
Goldman sees central banks buying more renminbi, won, Singapore dollars
South Korea, Singapore and China’s currencies are likely to be the biggest Asian beneficiaries as central banks look to diversify their…
Business
Kate Spade New York’s Spring Campaign Stars Ice Spice and Charli D’Amelio
Kate Spade New York has released its spring 2025 global brand campaign titled “To The Ones Who Carry Us,” starring Grammy-nominated artist…
Business
Thailand’s central bank cuts key rate by 25 bps
Thailand’s central bank cut its key interest rate by a quarter point for a second consecutive meeting on Wednesday (Apr 30), in a move to…
Business
Thailand’s central bank cuts rate again; economy could face recession as US tariffs loom
Thailand’s central bank cut its key interest rate by a quarter point for a second consecutive meeting on Wednesday (Apr 30), in a move to…
Business
Chinese sovereign fund CIC to sell US$1 billion of US private equity investments: sources
Chinese sovereign investor China Investment Corporation (CIC) is selling about US$1 billion of its private equity (PE) investment…
Business
Company supplying critical EV metal ‘did not disclose’ Erin Brockovich pollutant in drinking water
One of Indonesia’s largest nickel-mining companies, which supplies a mineral critical to the global electric car industry, did not tell…
Business
Salman Haider named head of Asean, CEO of Eastspring Singapore
This is in addition to his current role as chief distribution officer of the business Eastspring Investments, the asset management…
Business
Nomura’s China losses narrow as brokerage seeks turnaround
Nomura Holdings posted a smaller loss at its joint venture in China last year, as the brokerage seeks to turn around the business in the…
Business
Pop Mart holder sells US$101 million stake after shares hit record
The toy company is the top gainer in the MSCI China Index over the last 12 months, with its shares jumping more than 470 per cent An…
Business
Tesla hiring over 1,000 workers to ramp up Semi truck production: report
Tesla is hiring more than a thousand new workers in Nevada as the electric vehicle maker looks to ramp up mass production of its…
Business
Grab raises full-year adjusted Ebitda guidance after posting US$24 million profit in Q1
Grab on Wednesday (Apr 30) reported net profit of US$24 million for the first quarter ended Mar 31, 2025, reversing from a US$104 million…
Business
Prudential’s quarterly new business profit rises on strong Hong Kong, China growth
ENTIAL on Wednesday (Apr 30) reported a 12 per cent rise in new business profit for the first quarter, as the Asia-focused insurer…
Business
Samsung Electronics drops Q2 outlook due to trade uncertainties
Samsung Electronics on Wednesday dropped its business outlook for the current quarter and warned US tariff policies could cut demand for…
Business
Stocks to watch: Wilmar, ST Engineering, Sheng Siong, Starhill Global Reit, FEHT, CDLHT, First Reit, IReit Global
The following companies saw new developments that may affect trading of their securities on Wednesday (Apr 30). Wilmar International: The…
Business
Far East Hospitality Trust Q1 net property income falls 8.3% to S$23 million
Far East Hospitality Trust’s (FEHT) net property income fell 8.3 per cent year on year to S$23 million for the first quarter ended March,…
Business
Visa earnings top estimates as spending on network stays strong
The company also says at the investor day that it expects its value-added services to account for more than half of total revenue in…
Business
Are the “Magnificent Seven” Still Magnificent?
Have you been following the recent drop in tech stocks? If so, you’ve likely noticed that even the strongest names in the market — the…
Business
Oil prices fall 2% to two-week low as trade war concerns dampen demand outlook
Oil prices fell about 2 per cent to a two-week low on Tuesday as investors braced for Opec+ to boost output and worried US President…
Business
How Smart Logistics Can Supercharge Your Startup’s Growth
Building a startup’s like racing a car you’re still tinkering with—product design and marketing get all the love, while logistics often…
Business
Saks Bondholders Prove to Be a Tough Sell
Bondholders can be a tough crowd — just ask Saks Global. Equity investors are more excitable and want nothing but growth. But since…
Business
Michelle Crossan-Matos, Ulta’s Former Chief Marketer, Heads to SharkNinja
Michelle Crossan-Matos, Ulta Beauty‘s former chief marketing officer, has a new gig. Crossan-Matos has joined SharkNinja, the product and…
Business
Cover Story Simonetta Lein: Balancing Stardom, Purpose, and Innovation in a Fast-Paced World
Simonetta Lein, widely celebrated as one of the top fashion and social media influencers globally, has managed to balance fame with an…