Business
DBS shares jump 2%, cross the $50 mark
DBS shares surpassed the S$50 mark in early trade on Friday (Aug 8), a day after it reached that record level following news of its…
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Business
Business
DBS shares jump 2%, cross S$50 mark
DBS shares surpassed the S$50 mark in early trade on Friday (Aug 8), a day after it reached that record level following news of its…
Business
DBS shares jump 2.5%, cross S$50 mark
DBS shares surpassed the S$50 mark in early trade on Friday (Aug 8), a day after it reached that record level following news of its…
Business
Nextdoor cuts 12% of workforce in quest for profitability
Nextdoor Holdings, the neighbourhood social networking company, is eliminating 12 per cent of its workforce, part of a broader effort by…
Business
Stocks to watch: UOB, SGX, Genting, Sembcorp, Singapore Land, Riverstone, Daiwa, BHG Retail
The following companies saw new developments that may affect trading of their securities on Friday (Aug 8): UOB: Trade loans are expected…
Business
Daiwa House Logistics Trust H1 DPU drops 8.6% to S$0.0224
The manager of Daiwa House Logistics Trust (DHLT) on Friday (Aug 8) posted a distribution per unit (DPU) of S$0.0224 for its first half…
Business
Paramount closes US$8 billion merger with Skydance after settling ‘60 Minutes’ lawsuit
Paramount Global and Skydance Media completed their US$8.4 billion merger on Thursday (Aug 7), capping a drawn-out deal process marked by…
Business
SGX H2 net profit dips 2.6% to S$308 million
The group is working with the Monetary Authority of Singapore and key ecosystem partners to boost the competitiveness of the Singapore…
Business
SGX ekes out record high full-year profit despite 2.6% decline in H2
Singapore Exchange (SGX) reported its highest-ever full-year revenue and net profit since listing on Friday (Aug 8). This milestone comes…
Business
Sembcorp H1 earnings flat at S$536 million on lower gas revenue
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
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
Sembcorp declares ‘shopping season’ with strong Singdollar, even as earnings take a hit
Sembcorp Industries wants to take advantage of the stronger Singapore dollar to go “shopping” for deals, even as the company’s shares…
Business
Expedia raises gross bookings, revenue growth forecasts amid US travel demand recovery
EXPEDIA raised its annual forecast for gross bookings and revenue growth on Thursday, amid a recovery of demand in the United States,…
Business
Trump taps top economic aide for vacant Fed seat
President Donald Trump on Thursday named the leader of his White House economic panel to fill a recently vacated seat on the Federal…
Business
Instacart posts strongest order growth since 2022, beats earnings estimates
Instacart posted its strongest order growth since 2022 for a second straight quarter and beat earnings estimates for the current period, a…
Business
Europe: Shares post biggest jump in over two weeks; Ukraine ceasefire in focus
EUROPEAN shares logged their biggest daily rise in over two weeks on Thursday, boosted by financial stocks as investors weighed mixed…
Business
Tesla disbands Dojo supercomputer team in blow to AI effort
Tesla is disbanding its Dojo supercomputer team and its leader will depart the company, according to sources familiar with the matter,…
Business
US: Nasdaq ends at record, Dow falls as tariff hikes take effect
The Dow fell while the Nasdaq finished at a fresh record on Thursday as markets grappled with worries over lofty equity valuations in…
Business
Saks Fifth Avenue’s Latest AI Venture: A Virtual Voice Assistant Called Sophie
Saks Fifth Avenue is getting deeper into AI. The luxury retailer has partnered with two tech companies, NLX and Amazon Web Services, to…
Business
Stockton Rush’s Name Deserves to Live in Infamy | National Review
The Coast Guard’s report on the man behind the Titan disaster ought to be mandatory reading for all aspiring entrepreneurs. Source link
Business
Ireit Global DPU drops to 0.71 euro cent for H1 due to Berlin vacancy
Ireit Global posted a 26 per cent fall year on year in distribution per unit (DPU) to 0.71 euro cent for the half-year of FY2025 ended…
Business
Frasers Property logs S$1.4 billion in regional pre-sales, says it’s well-placed to manage upcoming debt
Frasers Property has achieved pre-sold revenue of S$1.4 billion so far in financial year 2025 for its projects in Singapore, Australia,…
Business
Centurion H1 net profit falls 38% to S$73.9 million on net fair value loss
Centurion Corporation, a provider of purpose-built dormitories for workers and students, saw its first half-year of FY2025 net profit drop…
Business
US: Wall Street opens higher on tariff exemption hopes
Street’s main indexes opened higher on Thursday (Aug 7), buoyed by optimism that major technology companies could avoid US President…