Business
Coliwoo reports 75.1 per cent fall in H2 net profit to S$5.7 million
Co-living operator Coliwoo reported a net profit of S$5.7 million in the second half ended Sep 30, a 75.1 per cent drop from S$22.9…
Section
Business
Business
Coliwoo reports 75.1% fall in H2 net profit to S$5.7 million
Co-living operator Coliwoo reported a net profit of S$5.7 million for the second half ended Sep 30, a 75.1 per cent drop from S$22.9…
Business
US: Wall Street opens mixed as investors assess data, Alphabet shines
Wall Street’s main indexes were mixed at the open on Tuesday (Nov 25) as investors took stock of a series of delayed economic data to…
Business
US stocks opens mixed as investors assess data, Alphabet shines
Wall Street’s main indexes were mixed at the open on Tuesday (Nov 25) as investors took stock of a series of delayed economic data to…
Business
ThaiBev’s full-year net profit falls 6.8% to 25.4 billion baht
Thai Beverage posted a 6.8 per cent drop in net profit to 25.4 billion baht (S$1.02 billion) for the full year ended Sep 30, 2025, from…
Business
Defeating Disability;How A Bed-Ridden Boy Transformed Into People's Mantratherapist
Looking at the sprawling bungalow of Ashokbhai Himmatlal Shah in Ahmedabad, one would assume that fortune had favored him in every way. A…
Business
Nvidia-Google AI chip rivalry escalates on report of Meta talks; Nvidia shares drop
Meta Platforms is in talks to spend billions on Google’s AI chips, The Information reported, adding to a months-long share rally as the…
Business
Nvidia-Google AI chip rivalry escalates on report of Meta talks; Nvidia shares drop 6%
Meta Platforms is in talks to spend billions on Google’s AI chips, The Information reported, adding to a months-long share rally as the…
Business
Nvidia-Google AI chip rivalry escalates on report of Meta talks; Nvidia shares down 2.6%
Meta Platforms is in talks to spend billions on Google’s AI chips, The Information reported, adding to a months-long share rally as the…
Business
Singtel’s Optus prices S$200 million notes due 2035 at 2.48%
A unit of Singtel’s wholly owned subsidiary Optus has priced S$200 million in 10-year fixed-rate notes due in 2035 at 2.48 per cent. The…
Business
EV maker Nio posts 3.5 billion yuan net loss for Q3 2025
Chinese electric vehicle (EV) maker Nio recorded a net loss of 3.5 billion yuan (S$638 million) for its third quarter ended Jun 30, 2025,…
Business
EV maker Nio trims Q3 loss to 3.5 billion yuan with 40% jump in vehicle deliveries
Chinese electric vehicle (EV) maker Nio recorded a net loss of 3.5 billion yuan (S$638 million) for its third quarter ended Jun 30, 2025,…
Business
Jack Ma-backed Ant’s profit grew 10% after AI, global expansion
Ant Group’s quarterly profit grew 10 per cent after the Chinese digital payments giant bolstered its artificial intelligence capacity via…
Business
Board of Dasmond Koh’s NoonTalk Media says management’s pay ‘fair and justifiable’ amid firm’s losses
The remuneration committee has considered defined key performance indicators, performance milestones and market benchmarks The board of…
Business
ComfortDelGro and Hello Robotaxi partner on robotaxi deployment in China, overseas markets
The venture will focus on deploying and managing Robotaxi services via ComfortDelGro’s point-to-point operations Transport company…
Business
TSMC sues former senior vice-president who joined Intel over trade secrets
The company says Lo had failed to disclose in his exit interview that he was planning to work for Intel Taiwan Semiconductor Manufacturing…
Business
Alibaba beats quarterly revenue estimates
The company reported revenue of 247.80 billion yuan (S$45.5 billion) in the second quarter, compared with the estimates of 242.65 billion…
Business
Alibaba revenue tops estimates with strong instant retail, AI push
The company’s results come against the backdrop of a costly battle in China’s ‘instant retail’ sector Chinese e-commerce giant Alibaba…
Business
Amova announces two new funds with focus on SGX small and mid-cap stocks
This announcement is part of MAS’ EQDP, which aims to revitalise the local bourse Amova Asset Management, formerly Nikko Asset Management,…
Business
Volkswagen to export Chinese-made cars to more overseas markets
It has no plans to export them to Europe due to a difference in electronic architecture and software technology for smart vehicles [HEFEI,…
Business
Barclays sees surge in Africa, Asia cross-border deal flows
The Middle East, India and Singapore are doing more transactions in the region, and this will likely increase in 2026 Barclays has a…
Business
iFly Sentosa parent sues Simba over equipment ‘trespass’
Skyventure VWT, which provides an indoor skydiving experience through AltitudeX on Sentosa island, has taken telco Simba to court over…
Business
Singapore stocks fall, bucking regional gains; STI down 0.2%
Across the broader market, gainers outnumber losers 310 to 247 after 1.3 billion securities worth S$1.4 billion change hands Singapore…
Business
ECB reviews claims Deutsche Bank downplayed financial risks
It underplayed risks in its balance sheet and gave misleading picture of its financial health The European Central Bank is examining…