Business
SingPost’s H1 profit rises 97.3% to S$22.6 million; declares higher interim dividend of S$0.0034 per share
SINGAPORE Post’s (SingPost) net profit for the first half ended September nearly doubled to S$22.6 million on higher revenue. This…
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Business
Great Eastern posts 52% higher Q3 profit of S$273.4 million
This is driven by contributions from its insurance business and favourable investment performance from shareholders’ funds GREAT Eastern…
Business
Foxconn subsidiary seeks US$80 million Vietnam investment for integrated circuits
TAIWANESE giant Foxconn’s subsidiary Shunsin is seeking a permit to invest US$80 million in northern Vietnam to produce integrated…
Business
Boeing bankers grab up to US$300 million in capital raise fees
BOEING’s US$20 billion-plus capital raise delivered four banks a hefty payday just as equity market issuance began to cool ahead of the US…
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Red Sox Linked To $129 Million Star In Franchise-Altering Blockbuster Trade
By Nate Hagerty Contributing Sports Writer Share ✓ Link copied to clipboard! The Boston Red Sox haven't made the playoffs since 2021 and…
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FACT CHECK: Did Kamala Harris Campaign Pay Beyonce $10 Million to Attend Her Houston Rally?
A strange claim has been doing the rounds on social media this week that Kamala Harris' presidential campaign paid superstar singer…
Business
Coinbase pledges further US$25 million of political funding for crypto
Coinbase Global committed another US$25 million of funding to Fairshake, a political action committee for the digital-asset industry that…
Business
Karaoke operator Goodwill Entertainment aims to hit the right notes in Catalist IPO, raise S$6.5 million in net proceeds
Shares in initial public offering priced at S$0.20 apiece; founder seeks growth in F&B, Malaysia KARAOKE and live show operator Goodwill…
Business
CapitaLand China Trust’s 9M net property income down 5.1% to 930.2 million yuan
CAPITALAND China Trust (CLCT) posted a net property income of 930.2 million yuan (S$172.6 million) for the nine months ended Sep 30, down…
Business
Starhill Global Reit posts 1.4% rise in Q1 NPI to S$37.9 million
STARHILL Global Reit reported a 1.4 per cent rise in its net property income (NPI) to S$37.9 million for its first fiscal quarter ended…
Business
Australia’s Myer to buy rival Premier’s apparel business in A$864 million deal
AUSTRALIAN department store owner Myer will buy retail billionaire Solomon Lew’s Premier Investments’ apparel brands business, in a deal…
Business
Sequoia to rake in more than US$100 million from crypto acquisition
VENTURE capital (VC) firms are set to make hundreds of millions of US dollars from Stripe’s acquisition of crypto platform Bridge for…
Business
Nanofilm Q3 revenue rises 10% to S$60 million on consumer business segment contributions
NANOFILM Technologies posted a 10 per cent rise in revenue to S$60 million for its third quarter ended Sep 30, 2024, from S$55 million in…
Business
Delta sues CrowdStrike for outages causing $500 million in losses
Delta Air Lines filed a lawsuit against cybersecurity giant CrowdStrike on Friday, seeking massive damages for a catastrophic technology…
Business
'Friends' Star Matthew Perry's Home Where He Died of Ketamine Overdose Sold for $8.5 Million
The Los Angeles home where beloved Friends star Matthew Perry was found dead in 2023 has been sold. Perry, 54, passed away in his Pacific…
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Elon Musk put on legal notice over $1 million voter giveaway: Attorney
Elon Musk has been placed on legal notice by the Department of Justice regarding his $1 million daily giveaway to registered voters in…
Business
Arta Finance partners Temasek Trust’s Co-Axis to unlock US$30 million catalytic funding for impact projects
THE digital impact marketplace launched by Temasek Trust, Co-Axis, has partnered digital wealth platform Arta Finance to secure US$30…
Business
Horizon Robotics’ shares jump 38% in Hong Kong after US$696 million IPO
SHARES of Horizon Robotics jumped nearly 38 per cent early in their trading debut in Hong Kong on Thursday (Oct 24), adding to optimism…
Business
Walmart agrees to pay $7.5 million to resolve hazardous waste charges
Walmart has agreed to pay $7.5 million to resolve a lawsuit brought by California officials accusing the company of illegally disposing of…
Business
OUE Reit Q3 net property income drops 3.7% to S$60.3 million
OUE Real Estate Investment Trust (Reit) reported a 3.7 per cent dip in net property income in the third quarter to S$60.3 million, from…
Business
Singapore court orders trader to pay investor S$4.7 million after forex trade goes south
THE Singapore High Court has on Wednesday (Oct 23) ordered forex trader Leong Kai Rui to return S$4.7 million to investor Oan Chim Seng…
Business
ADIA to invest US$750 million in debt of India’s GMR Group
ABU Dhabi Investment Authority (ADIA), the UAE’s largest sovereign wealth fund, will invest about US$750 million in the debt of India’s…
Business
OUE unit to issue S$50 million in fixed-rate green notes due 2029 at 4%
AN OUE subsidiary, OUE Treasury, has proposed to issue S$50 million in green notes due 2029 at a fixed rate of 4 per cent per annum, the…
Business
Parkway Life Reit acquires 11 nursing homes in France for 111.2 million euros
PARKWAY Life Real Estate Investment Trust (Parkway Life Reit) is acquiring 11 nursing homes in France for a total consideration of 111.2…