Business
Airbus wins £150 million contract to land European rover on Mars
Airbus has won a £150 million (S$260.4 million) contract to develop a landing platform that will deliver a UK-built rover onto Mars for a…
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Business
Who Is Charlie Javice and How Did She Defraud Wall Street's Biggest Bank of $175 Million
A shocking conviction of a young and promising female entrepreneur in a multi-million-dollar fraud case has rocked the U.S. fintech…
Business
Fossilized fish up to 16 million years old found in Australia, with last meal still intact
Sign up for CNN’s Wonder Theory science newsletter. Explore the universe with news on fascinating discoveries, scientific advancements and…
Business
ST Engineering and HTX form JV company with initial capital of S$10 million
The JV company, Codex Solutions, will focus on developing and maintaining in-house software capabilities for the Home Team ST…
Business
FCT’s private placement raises S$220 million to finance Northpoint City deal, repay debt
Frasers Centrepoint Trust (FCT) closed its upsized private placement at S$2.09 apiece, raising around S$220 million in gross proceeds with…
Business
OCBC group chief executive Helen Wong’s pay in FY2024 up 5.8% to S$12.8 million
OCBC group chief executive officer Helen Wong received S$12.8 million in total remuneration for the financial year ended December, up 5.8…
Business
Haidilao operator Super Hi back in the red with US$11.6 million loss in Q4
SUPER Hi International, the operator of hot pot restaurant Haidilao, recorded a net loss of US$11.6 million for the fourth quarter ended…
Business
Nanofilm takes out 50 million yuan loan to fund Chinese subsidiary
Nanofilm Vacuum Coating (Shanghai), a wholly owned subsidiary of mainboard-listed Nanofilm Technologies, has obtained a 50 million yuan…
Business
Chocolate Finance takes a S$500 million hit in ‘bank run’; looking to return to business as usual
CEO sees the orderly manner in which platform handled the deluge of withdrawals as a success Around S$500 million in net withdrawals were…
Business
23andMe’s bankruptcy puts 15 million users’ DNA info on auction block
Millions of Americans who sent their saliva to 23andMe in the hopes of finding lost relatives or identifying health risks buried in their…
Business
ESR Reit completes sale of two logistic warehouses for S$6.8 million
THE manager of ESR Real Estate Investment Trust (ESR Reit) has completed the divestment of two logistics properties in Singapore for S$6.8…
Business
UOB CEO Wee Ee Cheong’s 2024 pay down 5.5% at S$15 million despite record net profit
UOB chief executive officer Wee Ee Cheong’s annual salary for 2024 dipped, despite the bank reporting a record net profit for the full…
Unsorted
How a 9-Year-Old Athletic Brand Got 127.7 Million Views at the Super Bowl
You may not have heard of Year of Ours, but you have seen their athleticwear. That is, if you were among the 127.7 million people watching…
Business
Zheneng Jinjiang H2 profit surges over 26 times to 411.6 million yuan; S$0.023 cash dividend per share proposed
CHINA-BASED waste treatment group Zheneng Jinjiang Environment reported a net profit of 411.6 million yuan (S$76.2 million) for the second…
Business
ST Engineering H2 Profit Rises 19.6% To S$365.7 Million
ST ENGINEERING on Thursday (Feb 27) reported a net profit of S$365.7 million for the second half ended Dec 31, up 19.6 per cent from…
Business
SingLand H2 net profit rises 76% to S$180.5 million on higher revenue from hotel ops
SINGAPORE Land Group (SingLand) reported a net profit of S$180.5 million in the second half ended Dec 31, up 76 per cent from S$102.4…
Business
Great Eastern Q4 profit falls 14% to S$134.8 million
GREAT Eastern on Tuesday (Feb 25) reported a net profit of S$134.8 million for the fourth quarter ended Dec 31, down 14 per cent from…
Business
Great Eastern Q4 profit falls 14% to S$134.8 million, reflecting medical insurance provisions
GREAT Eastern on Tuesday (Feb 25) pointed to provisions made for its medical insurance business as the primary reason its net profit fell…
Business
PropNex H2 profit down 14.9% at S$21.9 million; proposes special S$0.025 per share anniversary dividend
REAL estate agency PropNex reported a 14.9 per cent year-on-year fall in net profit for its second half ended Dec 31 to S$21.9 million,…
Business
Yangzijiang Financial H2 earnings soars to S$197.3 million
INVESTMENT management firm Yangzijiang Financial reported a net profit of S$197.3 million in the second half ended Dec 31, 2024, an…
Celebrity
Selena Gomez’s and Jennifer Aniston’s Rare Beauty and LolaVie Launch Party Earns $6.8 Million in Media Exposure
Selena Gomez and Jennifer Aniston brought their star power together to promote the latest releases from their respective brands, Rare…
Business
Hong Leong Finance posts 10% rise in H2 profit to S$51.5 million, as net interest margin expands
HONG Leong Finance posted a 10 per cent rise in net profit to S$51.5 million for the six months ended December 2024. This was driven by an…
Business
Trust Bank hits one million customers, launches investment products
SINGAPORE digital bank Trust Bank has hit the one-million-customer milestone, making up about 20 per cent of the adult population in the…
Business
Chinese bubble tea chain Mixue aims to raise US$443 million in Hong Kong IPO
Mixue has 45,000 stores in mainland China and 11 other countries through a major franchise network CHINA’S largest bubble tea and drinks…