Business
How Intelligent Automation is Reshaping Public Revenue Systems
Throughout the US, governments are tackling a tough balancing act. On the one hand, they have to secure revenue to fund schools, keep the…
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Revenue
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
Jake Cortez AI Growth Advisor: Breaking 7-Figure Revenue Ceilings
Jake Cortez's journey from incarceration to becoming a leading AI Growth Advisor represents one of the most compelling transformation…
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…
Business
OpenAI to share 8% of its revenue with Microsoft, partners, The Information reports
OpenAI has projected that by the end of the decade it will be sharing about 8 per cent of its revenue with commercial partners, namely…
Business
Singapore collects S$88.9 billion in tax revenue in FY2024/25, 10.7% higher than in previous year
The increased collection is driven by robust economic growth and higher consumer spending The Inland Revenue Authority of Singapore (Iras)…
Business
Singapore’s tax revenue up 10.7% at S$88.9 billion in FY2024/25 on robust growth and higher consumption
The Inland Revenue Authority of Singapore (Iras) announced that it had collected S$88.9 billion in tax revenue for the financial year of…
Business
Singapore’s tax revenue up 10.7% at S$88.9 billion in FY2025 on robust growth and higher consumption
Corporate tax takings rise 6.7% to S$30.9 billion and remain the largest contributor The Inland Revenue Authority of Singapore (Iras)…
Business
Google cloud forecasts US$58 billion revenue boost by 2027
Alphabet is among tech companies racing to build out data centre capacity in order to serve growing demand for artificial intelligence…
Business
The Sophomore Issue of i-D Magazine Triples Its Revenue
LONDON — Publishing is a hard business and the downsizing is continuous. It was recently announced that Vogue U.S.’s new head of editorial…
Business
Oxley Holdings H2 loss narrows to S$8.3 million on higher revenue
Its loss per share stood (LPS) at S$0.002, against a LPS of S$0.0224 in H2 of FY2024 Property developer Oxley Holdings on Friday (Aug 29)…
Business
Alibaba falls short of Q1 revenue estimates
It reported total revenue of 247.65 billion yuan in the first quarter ended June, compared with an estimate of 252.92 billion yuan China’s…
Business
Shangri-La Asia H1 net profit down 38.7% at US$57.9 million amid higher revenue
The board declares an interim dividend of HK$0.05 per ordinary share, unchanged from H1 2024 Hotel group Shangri-La Asia posted a net…
Business
TikTok owner ByteDance sets valuation at over US$330 billion as revenue grows: sources
ByteDance, the owner of short-video app TikTok, is set to launch a new employee share buyback that will value the Chinese technology giant…
Business
Perplexity AI to share search revenue with publishers
PERPLEXITY AI on Monday said it will begin paying out millions of dollars to media outlets as part of a new model for sharing search…
Business
Creative narrows H2 loss to US$4.4 million, but US tariff threat weighs on revenue
Creative Technology posted a US$4.4 million net loss for the six months ended June, narrowed from the year-ago US$6.8 million loss, as…
Business
SingPost Q1 operating profit tumbles 60% to S$3.4 million amid falling revenue, margin squeeze
Singapore Post’s (SingPost) group operating profit for the first quarter ended Jun 30 came in at S$3.4 million, a 60 per cent year-on-year…
Business
Baidu’s revenue dips ahead of intensifying Chinese AI contest
Baidu’s revenue fell, hurt by an economic downturn that’s capping its ability to fight bigger rivals in AI and make inroads in new growth…
Business
Pop Mart’s Labubu doll frenzy drives 204% revenue surge, 397% profit jump
— Chinese plush toymaker Pop Mart International Group reported robust revenue and profit growth, boosted by global demand for its hugely…
Business
Xiaomi’s revenue rises 31% after second EV excites consumers
Xiaomi’s quarterly revenue rose a slightly better-than-anticipated 31 per cent after the successful launch of its second electric vehicle…
Business
CapitaLand Investment H1 profit down 13% at S$287 million on lower revenue
The decline is due to the deconsolidation of CapitaLand Ascott Trust and the loss of contributions from divested US and China assets…
Business
China's Tencent revenue grows 15% in Q2 on strong gaming performance
It reported revenue of 184.5 billion yuan (S$32.9 billion), exceeding analyst estimates of 178.5 billion yuan Tencent reported…
Business
China Everbright Water H1 net profit slips 3% to HK$563.8 million on revenue decline
Dual-listed China Everbright Water on Tuesday (Aug 12) posted net profit of HK$563.8 million (S$92.4 million) for the six months ended Jun…
Business
Bumitama Agri H1 net profit up 47.8% at 1.27 trillion rupiah on higher revenue
Indonesian palm oil producer Bumitama Agri on Tuesday (Aug 12) posted a 47.8 per cent rise in net profit to 1.27 trillion rupiah (S$100.2…