Business
Wilmar posts US$347.7 million Q3 loss on 11.9 trillion rupiah graft penalty; core profit jumps 71%
Revenue is up 7.4% at US$19.1 billion; all sectors enjoy stronger operational results Singapore-based agribusiness group Wilmar…
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Business
Great Eastern posts 36% higher Q3 net profit of S$372 million
Insurer Great Eastern on Thursday (Oct 30) posted a net profit of S$372 million for its third quarter ended September, 36 per cent up from…
Business
Nvidia supplier SK Hynix posts record quarterly profit, meets forecasts
South Korea’s SK Hynix posted on Wednesday a record quarterly profit, spurred by an artificial intelligence boom that has driven up demand…
Business
Moncler Group Proves Resilient, Posts a Better-than-expected Performance in Q3
MILAN — Moncler Group posted a resilient performance in the first nine months of the year, buoyed by sales in China and the Americas. For…
Business
CNMC Goldmine falls 12.4% as gold posts sharpest fall in years
This follows a recent wave of sell-offs amid profit taking by investors who fear that gold’s recent rally has left it overvalued Shares of…
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Trump Posts Wild AI Video of Himself Flying Fighter Jet and Bombing Sewage on No Kings Protesters
President Trump delivered a fiery blow to his critics. Late Saturday, he shared an AI-generated video of himself as a fighter pilot,…
Business
Food Innovators posts profit of S$200,000; turns profitable a year after Catalist debut
Restaurant operator Food Innovators announced on Wednesday (Oct 15) that it turned profitable for its first half of 2026 ended August, a…
Business
Food Innovators is back in the black, posts a ‘modest’ H1 profit of S$200,000
The Japanese restaurant operator sank into the red for its latest financial year ended Feb 28, 2025, after its Catalist debut in October…
Business
Abbott posts higher quarterly revenue on strong medical device demand
Abbott reported higher quarterly revenue on Wednesday (Oct 15), driven by strong demand for its medical devices including continuous…
Business
Uniqlo owner Fast Retailing posts record profit for fourth year
The apparel maker beats its own forecast, with operating profit jumping to 564.3 billion yen Japan’s Fast Retailing, owner of global…
Business
TSMC posts forecast-beating Q3 revenue surge on AI boom
The company will report full third-quarter earnings on Oct 16, including an updated outlook for the current quarter and full year Taiwan…
Business
Posts falsely claim AI video shows moment Indonesian school collapsed
After part of a multi-storey Islamic boarding school in Indonesia collapsed while students gathered for afternoon prayers, an AI-generated…
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Mercedes posts worst quarterly China sales since 2016 as demand crisis deepens
Mercedes-Benz Group’s China sales tumbled 27 per cent in the third quarter to their lowest level in almost a decade as luxury demand in…
Business
Jefferies posts record revenue with dealmaking staging comeback
The biggest US banks have benefited from volatile markets, fuelled by changing policies under the Trump administration, which has roiled…
Business
US: Wall St posts tame gains at open
— Wall Street’s main indexes opened modestly higher on Wednesday (Sep 24) as traders assessed measured comments from US Federal Reserve…
News
Soldiers Are Being Disciplined for Charlie Kirk Social Media Posts
At least eight members of the military have been punished for comments made in the wake of Charlie Kirk’s death, and dozens more have been…
Business
Manchester United posts sixth year of net loss, forecasts revenue dip
MANCHESTER United reported an annual net loss for the sixth consecutive year on Wednesday (Sep 17) and forecast lower revenue for the…
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Karen Attiah: Washington Post Fires Prominent Journalist Over Series of 'White Men' Social Media Posts after Charlie Kirk Assassination
Popular opinion writer and editor Karen Attiah has been fired from The Washington Post after making a series of posts in response to…
News
Thai posts mock Cambodia with misattributed Pakistan flooding video
A video of a man being swept away by floodwaters on a road in Karachi, Pakistan has resurfaced in social media posts falsely claiming it…
Business
EV maker Nio posts 0.3% wider Q2 net loss of 5.1 billion yuan despite top-line growth
Chinese electric vehicle (EV) maker Nio announced on Tuesday (Sep 2) that its net loss deepened by 0.3 per cent on the year to 5.1 billion…
Business
Didi posts Q2 loss of US$350 million on lawsuit provision
Revenue rose 10.9%, partly fuelled by growth in overseas business. Chinese ride-hailing giant Didi Global reported on Thursday (Aug 28) a…
Business
Starbucks’ Malaysia operator posts record loss on Gaza conflict
Berjaya Food’s net loss has more than tripled to RM292 million for the financial year The operator of Starbucks in Malaysia saw its net…
Business
Australia’s Lynas posts over 90% fall in annual profit; to raise A$750 million
RALIA’S Lynas Rare Earths posted a more than 90 per cent fall in its full-year profit on Thursday, hurt by depreciation from its…
Business
Qantas posts second-highest annual profit on robust travel demand
AUSTRALIAN carrier Qantas Airways on Thursday posted its second-best annual underlying earnings and announced the highest full-year…