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…
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BOC Aviation net profit drops 26% to US$342 million; interim dividend at US$0.1476 per share
Asian aircraft leasing giant BOC Aviation posted a 26 per cent drop in net profit for the first half of 2025, though the number was…
Business
China Aviation Oil H1 profit rises 18% to US$50 million on higher gross profit and associates’ share of results
Asia-Pacific’s largest physical jet fuel buyer China Aviation Oil (CAO) posted a net profit of US$50 million for the first half of its…
Business
China Aviation Oil H1 profit rises 18.4% to US$50 million on higher gross profit and associates’ share of results
Asia-Pacific’s largest physical jet fuel buyer China Aviation Oil (CAO) posted a net profit of US$50 million for the first half of its…
Business
StarHub H1 profit falls 41.7% to S$47.9 million; dividend of S$0.03 per share declared
Telco StarHub on Thursday (Aug 14) reported a net profit of S$47.9 million for the first half ended Jun 30, 2025, sliding 41.7 per cent…
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
CDL H1 profit up 3.9% at S$91.2 million on robust condo sales; declares higher special dividend of S$0.03 per share
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
Sembcorp H1 earnings flat at S$536 million on lower gas revenue; share price tumbles 14.7%
But the company raises its interim dividend to S$0.09 per share, from S$0.06 per share Sembcorp Industries saw earnings fall 1 per cent to…
Business
Tesla approves 96 million share award to CEO Elon Musk
Tesla disclosed in a filing on Monday (Aug 4) it has awarded CEO Elon Musk 96 million shares of the company, worth about US$29 billion.…
Business
Tesla approves share award worth US$29 billion to CEO Elon Musk
Tesla has granted CEO Elon Musk shares worth about US$29 billion, in a new pay deal aimed at keeping the billionaire entrepreneur at the…
Business
Thai Airways’ share price soars more than 200% after trading resumption
Thai Airways International’s stock price had risen 216 per cent when the market closed on Monday (Aug 4) after shares in the airline…
Business
Opec+ makes another large oil output hike in market share push
Opec+ agreed on Sunday (Aug 3) to raise oil production by 547,000 barrels per day for September, the latest in a series of accelerated…
Business
Meta to share AI infrastructure costs via US$2 billion asset sale
Meta Platforms is pressing ahead with efforts to bring in outside partners to help fund the massive infrastructure needed to power…
Business
OCBC Q2 profit falls 7% to S$1.82 billion; to pay S$0.41 a share in dividends
The earnings beat the S$1.79 billion consensus forecast from a Bloomberg poll of six analysts OCBC’s net profit for the second quarter…
Business
Keppel shares up 6.1% on H1 earnings growth, share buyback and asset divestment plans
Shares of Keppel rose on Thursday (Jul 31) morning after the asset manager posted a 24.2 per cent rise in H1 earnings, a S$500 million…
Business
Keppel shares up 6.8% on H1 earnings growth, share buyback and asset divestment plans
Shares of Keppel rose on Thursday (Jul 31) morning after the asset manager posted a 24.2 per cent rise in H1 earnings, a S$500 million…
Business
Keppel shares hit 6-year high on H1 earnings growth, share buyback and asset divestment plans
Shares of Keppel rose on Thursday (Jul 31) morning after the asset manager posted a 24.2 per cent rise in H1 earnings, a S$500 million…
Business
Meta beats expectations sending share price soaring
Meta reported robust second-quarter financial results on Wednesday, with revenue jumping 22 per cent year-over-year to US$47.5 billion as…
Business
UOI H1 profit falls 39.1% to S$8.6 million, declares lower dividend of S$0.07 per share
United Overseas Insurance (UOI), the general insurance arm of UOB, posted a 39.1 per cent decline in its net profit for the first half of…
Business
BYD’s Shenzhen share split could boost stock after retreat
A three-for-one stock split for BYD’s mainland-traded shares could be a positive catalyst for the carmaker after a weeks-long slump. Its…
Business
First Sponsor reports 59.2% jump in H1 earnings to S$19 million, interim dividend of S$0.011 a share
Property developer First Sponsor reported a 59.2 per cent increase in earnings to S$19 million in H1 2025 from S$11.9 million in H1 2024,…
Business
Jeff Bezos wraps up massive Amazon share sale, netting US$5.7 billion
The divestitures come as the company stock has surged 38% from its recent low in late April Jeff Bezos wrapped up a massive sale of…
Business
Kia aims to win US market share as tariffs force rivals to pull back
South Korea’s Kia Corp said on Friday (Jul 25) that it aims to increase its US sales and market share in the second half, driven by sales…
Business
DFI Retail Group posts 38.9% rise in H1 underlying profit, pays special dividend of US$0.443 a share
Supermarket and retail store operator DFI Retail Group’s underlying profit rose 38.9 per cent to US$105 million for the first half ended…