Business
UOL H1 net profit rises 58% to S$205.5 million
Property developer UOL Group posted a 58 per cent increase in net profit to S$205.5 million for the first half of 2025. The increase was…
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Business
CDL H1 profit rises 3.9% to S$91.2 million; declares S$0.03 per share special dividend
Property developer City Developments Ltd (CDL) posted a 3.9 per cent year-on-year rise in first-half net profit to S$91.2 million on…
Business
United Hampshire US Reit H1 DPU rises 4% to US$0.0209
Revenue for the period, however, declines 3% to US$35.7 million from US$36.9 million United Hampshire US Real Estate Investment Trust…
Business
United Hampshire US Reit H1 DPU rises 4% to US$0.0209 on higher occupancy levels
United Hampshire US Real Estate Investment Trust (Reit) on Wednesday (Aug 13) posted a 4 per cent increase in its distribution per unit…
Business
US: Wall St opens higher as inflation rises moderately in July
Wall Street’s main indexes opened higher on Tuesday (Aug 12) after data showed inflation rose broadly in line with expectations in July,…
Business
Wilmar H1 profit rises 2.6% on improved plantation, sugar milling and food product segments
Agribusiness Wilmar International on Tuesday (Aug 12) reported a net profit of US$594.9 million for the first half ended Jun 30, up 2.6…
Business
Hong Leong Asia H1 net profit rises 13.1% to S$56 million
Hong Leong Asia posted a 13.1 per cent rise in net profit to S$56 million for the first half of its financial year ended Jun 30, 2025,…
Business
DBS Q2 profit rises 1% to S$2.82 billion
DBS’ net profit for the three months ended Jun 30, 2025 rose 1 per cent to S$2.82 billion, compared with S$2.79 billion from the year-ago…
Business
Gold rises as Fed rate cut bets pressure dollar, yields
Gold prices rose on Tuesday (Aug 5), after gaining in the last three sessions, supported by a weaker US dollar and lower Treasury yields…
Business
China’s InnoScience rises 31% after named as Nvidia supplier
Chinese chipmaker InnoScience Suzhou Technology Holding closed up 31 per cent in Hong Kong on Friday (Aug 1) after it was identified by…
Business
Keppel H1 profit rises 24.2% to S$377.7 million; seeks to monetise S$14.4 billion non-core assets
Asset manager Keppel saw net profit rise 24.2 per cent on the year to S$377.7 million for the first half ended Jun 30, driven by growth in…
Business
Seatrium H1 profit rises 300% to S$144.4 million on strong order book, margin growth
Seatrium’s net profit for the six months ended Jun 30 grew 301.3 per cent to S$144.4 million, from S$36 million during the same period…
Business
CapitaLand India Trust posts higher H1 DPU as NPI rises 10% to S$113.6 million
Capitaland India Trust (Clint) on Wednesday (Jul 30) posted a higher net property income (NPI) of S$113.6 million for the six months ended…
Business
Sheng Siong H1 net profit rises 3.5% to S$72.3 million on improved sales mix
Supermarket operator Sheng Siong reported a 3.5 per cent increase in H1 2025 net profit to S$72.3 million, from S$69.9 million in H1 2024…
Business
Oil rises as US-EU deal lifts trade optimism
Oil prices rose on Monday after the US reached a trade deal with the European Union and may extend a tariff pause with China, reducing…
Business
Raffles Medical H1 profit rises 4.8% to S$32.1 million
Raffles Medical Group on Monday (Jul 28) posted net profit of S$32.1 million for its first half ended Jun 30, up 4.8 per cent from S$30.6…
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Thai baht rises to highest since 2022 on trade optimism, inflows
Thailand’s baht rose to the highest in more than three years on growing optimism over trade negotiations, the return of foreign stock…
Business
Marina Bay Sands H1 revenue rises 17% to US$2.6 billion as travel spend in Asia expands
Adjusted property Ebitda rose 23.8% to US$1.4 billion, up from US$1.1 billion in the first half of 2024 Net revenue for Marina Bay Sands…
Business
Nvidia supplier SK Hynix Q2 profit rises 69%, meets forecasts
South Korea’s SK Hynix posted on Thursday a record quarterly profit, driven by strong demand for advanced chips used in generative…
Business
Sabana Reit’s H1 DPU rises 26.9% to S$0.017 on higher overall occupancy, sustained positive rental reversions
Sabana Industrial Real Estate Investment Trust (Reit) posted a distribution per unit (DPU) of S$0.017 for the first half of its fiscal…
Business
SIA Engineering Q1 net profit rises 29.2% to S$42.9 million on strong MRO demand
Aircraft maintenance provider SIA Engineering Company (SIAEC) on Tuesday (Jul 22) reported a net profit of S$42.9 million for the first…
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Trump’s Rage Erupts as Inflation Rises and His Pollster Openly Panics
On Tuesday, we learned that inflation rose last month. The New York Times said inflation “accelerated,” ABC News noted it “surged,” and…
Business
NTT DC Reit rises 3% above IPO price in debut as SGX’s largest Reit listing in 10 years
Units of NTT DC real estate investment trust (Reit) marginally rose on its debut on Monday (Jul 14), as the largest Reit initial public…
Business
Oil rises over 2% as investors weigh market outlook, tariffs, sanctions
Oil prices rose over 2 per cent on Friday (Jul 11) as the International Energy Agency (IEA) said the market was tighter than it appears,…