Business
Golden Agri-Resources’ H1 net profit rises 56.5% to US$160.3 million
Golden Agri-Resources recorded a net profit of US$160.3 million for the first half of 2025, a 56.5 per cent jump from the year-ago period,…
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Business
Business
Singapore stocks close lower on Thursday, tracking regional losses; STI down 0.4%
Stocks on the local bourse declined on Thursday (Aug 14), mirroring losses in regional markets, as investors anticipate a potential rate…
Business
Great Eastern to resume trading on Aug 21 as bonus issue lifts free float to above 10%
Great Eastern Holdings (GEH) is set to resume trading on the Singapore Exchange (SGX) on Aug 21, as a proposed bonus share issue will lift…
Business
Dentsu plans to cut about 3,400 overseas jobs to trim cost
The reduction, focused on headquarters and back-office functions in markets outside of Japan Japanese advertising company Dentsu Group…
Business
What is Merge Labs? The New Brain-Computer Startup Backed by OpenAI Challenging Elon Musk's Neuralink
After giving tough competition to Elon Musk in the AI chatbot domain, Sam Altman, chief executive of OpenAI, is now preparing to challenge…
Business
CK Hutchison’s ports deal in focus as conglomerate reports 11% rise in H1 underlying profit
CK Hutchison posted a 11 per cent rise in first-half underlying profit on Thursday (Aug 14), as investors look for comments on the status…
Business
CK Hutchison sees ‘reasonable chance’ of US$22.8 billion ports sale going through
CK Hutchison said on Thursday (Aug 14) its US$22.8 billion ports business sale had a “reasonable chance” of going through after a plan to…
Business
Insurer Aviva raises dividend after jump in half-year profit
British insurer Aviva raised its interim dividend on Thursday (Aug 14) after reporting a 22 per cent jump in half-year operating profit,…
Business
Jollibee posts record sales as China business recovers
Top Philippine restaurant operator says net income rises 5.6% to 3.2 billion pesos in April-to-June quarter Top Philippine restaurant…
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
Tencent’s AI restraint shows risk of Alibaba, JD food war
China’s biggest tech companies are bouncing back after years on the ropes with outsized ambitions to dominate in everything from robots…
Business
Sime Darby seeks loan to build Malaysian data centre for Google
The AI frenzy has fuelled demand for funding the centres in Asia, resulting in a series of record-breaking loans for operators Malaysian…
Business
Geely profit beats estimates amid reshuffle, sector scrutiny
Geely Automobile Holdings’ first-half profit beat estimates as sales soared and the carmaker sought to reduce costs, even as the wider…
Business
How Nippon Paint tycoon Goh Cheng Liang grew his empire to a US$13 billion fortune
Singapore’s richest man Goh Cheng Liang, who died this week, kept a low profile for years compared with his other billionaire…
Business
Asian Stocks Advance as Nikkei Hits Record High, Expectations for Fed Rate Cut Grow
Asian equities advanced Wednesday, led by Japan's Nikkei 225, which hit an all-time high above 43,000 as trading resumed following a…
Business
Perplexity AI Makes $34.5B Surprise Bid for Google's Chrome Amid Antitrust Pressure
In a surprising move, a three-year-old startup, Perplexity AI, has offered a $34.5 billion all-cash deal to buy Google Chrome, home to…
Business
Shares of UOL, PropNex surge 5% following H1 results
Shares of Singapore Exchange (SGX)-listed real estate companies in Singapore such as UOL Group and PropNex rose by more than 5 per cent in…
Business
First Resources posts 43.6% higher H1 net profit of US$149.2 million
First Resource posted a 43.6 per cent rise in net profit to US$149.2 million for the first half of 2025 on Thursday (Aug 14). This was up…
Business
Lenovo’s profit beats estimates with PC growth and AI demand
US President Donald Trump has announced tariffs on imports from some trading partners and declared plans for a 100% levy on chips, raising…
Business
ST Engineering falls 6.4% after posting a rise in H1 net profit
Shares of ST Engineering tumbled shortly after market open on Thursday (Aug 14) reporting a rise in net profit for the first half. The…
Business
ST Engineering falls 6.4% despite higher first-half profit; stock had surged over 80% so far this year
Shares of ST Engineering tumbled shortly after trading started on Thursday (Aug 14) despite the group announcing better first-half results…
Business
ST Engineering falls 6.4% despite higher first-half profit; stock had surged over 80% year to date
Shares of ST Engineering tumbled shortly after trading started on Thursday (Aug 14) despite the group announcing better first-half results…
Business
ST Engineering falls 6.3% despite higher first-half profit; stock had surged over 80% year to date
Shares of ST Engineering tumbled shortly after trading started on Thursday (Aug 14) despite the group announcing better first-half results…