Business
Macquarie ‘Millionaires Factory’ put at risk by investor revolt
[SINGAPORE/MELBOURNE] Macquarie Group’s long vaunted money-making machine for top bankers is showing signs of strain. Known as the…
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Business
Seatrium shares tumble 5.4% after fines, despite strong H1 results
The company will pay S$240 million in financial penalties to settle corruption offences Shares of Seatrium dived 5.4 per cent shortly…
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
‘Yellowstone’ Producer David Glasser Is Sued Over $1 Million Loan, Then Pays It Off
David Glasser, a veteran producer once known as the “third Weinstein brother,” has had a vibrant post-Weinstein career, with his 101…
Business
Gold rebounds from one-month low on renewed trade uncertainty
Gold prices rebounded on Thursday (Jul 31) from a one-month low hit in the previous session, as trade uncertainty stemming from fresh US…
Business
Australia’s central bank welcomes Q2 inflation data, deputy governor says
Australia’s second-quarter inflation data was very welcomed and came in as just the central bank expected, a top official said on…
Business
Grab reports Q2 2025 earnings of US$35 million on higher revenue and margins
Superapp Grab reported Q2 2025 earnings of US$35 million, reversing from a loss of US$53 million in the same year-ago period. This was…
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
Keppel posts 24.2% rise in H1 profit 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
Aims Apac Reit posts 0.4% higher Q1 DPU of S$0.0228 amid stable operational performance
Aims Apac Reit reported on Thursday (Jul 31) a 0.4 per cent increase in distribution per unit (DPU) of S$0.0228 for Q1 FY2026, from…
Business
Elite UK Reit posts 10% rise in H1 2025 DPU to £0.0154
The manager of Elite UK real estate investment trust (Reit), announced a 5.8 per cent year-on-year increase in distributable income to…
Business
Samsung Q2 profit drops 55% on weak AI chip sales, China curbs
Samsung Electronics reported on Thursday a 55 per cent drop in second-quarter operating profit as delays in high-bandwidth memory chip…
Business
Stocks to watch: Keppel, Jardine C&C, Seatrium, Mapletree Pan Asia Commercial Trust, Mapletree Logistics Trust, Sheng Siong
The following companies saw new developments that may affect trading of their securities on Thursday (Jul 31): Keppel: Asset manager…
Business
Seatrium H1 profit quadruples 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
Grab Holdings beats quarterly revenue estimates
Grab Holdings beat Wall Street expectations for second-quarter revenue on Wednesday, as consumers boosted spending on its ride-hailing and…
Business
China’s JD.com to acquire German electronics retailer Ceconomy for 2.2 billion euros
[DUESSELDORF, Germany] JD.com is set to acquire German electronics retailer Ceconomy in a 2.2-billion-euro (S$3.3-billion) deal at 4.60…
Business
'Communities' of strange, extreme life seen for first time in deep ocean
Victoria Gill Science correspondent, BBC News Watch: some of the strange, extreme life filmed at the depths of the ocean Beds of clams,…
Business
Staying on top means never standing still
In an age obsessed with the new and the next, creating sustained business success is an art form but a hard craft to master. The headlines…
Business
Chinese battery maker CATL reports faster profit growth in second quarter
Chinese electric vehicle (EV) battery giant Contemporary Amperex Technology Co Limited’s (CATL) net profit growth picked up in the second…
Business
Wednesday: Jenna Ortega says sudden fame was 'very overwhelming'
Steven McIntosh Entertainment reporter Jenna Ortega says the sudden attention she received from starring in Netflix's Wednesday was…
Business
Airbus first-half profit climbs 85% to US$1.7 billion
European aerospace group Airbus posted an 85-per cent rise in first-half profit Wednesday to US$1.7 billion, even though it delivered…
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
Robinhood tops profit expectations as trading frenzy sweeps across asset classes
Robinhood Markets exceeded second-quarter profit estimates on Wednesday (Jul 30), driven by a massive surge in volumes as investors traded…
Business
The healthcare crisis none of us can afford
Millions of individuals and families across the U.S. are trapped in a vicious cycle. Financial concerns like inflation and housing costs…