Business
Microsoft offers some salespeople extra pay following layoffs
In recent months, the company has terminated some 15,000 people in two rounds of major layoffs Microsoft, fresh off a round of layoffs…
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Business
Business
US: Nasdaq ends six-day streak of records
The Nasdaq retreated from a record Tuesday on a mixed day for stocks as markets looked ahead to upcoming earnings reports from Google…
Business
Kristin Cabot: HR Chief Caught Cuddling Her CEO Boss at Coldplay Concert Recently Took Out $1.6 Million Mortgage with Her Husband
The HR executive caught on camera cuddling her boss at a Coldplay concert had taken out a massive $1.6 million mortgage with her husband…
Business
Megan Byron: Wife of Disgraced Astronomer CEO Hiding at $2.4 Million Estate after Coldplay Kiss Cam Scandal Marriage Hangs in Balance
The wife of embattled Astronomer CEO Andy Byron is staying out of the spotlight at the couple's $2.4 million estate in Maine as she…
Business
Caution Grips on Asian Markets as Tariff Deadline and Earnings Wave Approach
Asian share markets dipped on Tuesday, following a second straight day of gains on Wall Street. The MSCI Asia-Pacific Index (excluding…
Business
GM Q2 Profit Drops 32% Amid Tariff Pressure, Warns of Bigger Hit Ahead
General Motors (GM) reported a sharp 32% decline in second-quarter core profit on Tuesday, attributing the drop largely to escalating…
Business
US: Wall St opens muted with corporate earnings, trade talks in focus
Wall Street opened flat on Tuesday (Jul 22) as investors weighed signs of potential trade deals between the US and its partners ahead of…
Business
SingPost divests freight forwarding business Famous Holdings for S$177.9 million
Sale results in estimated realised gain on disposal of S$10.5 million and about S$104 million in cash Singapore Post (SingPost) has…
Business
DFI Retail Group posts 38.9% rise in H1 underlying profit
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…
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…
Business
Lockheed Martin's Q2 profit plummets on US$1.6 billion charge
Lockheed Martin reported on Tuesday (Jul 22) that its second-quarter profit plunged by about 80 per cent, after the US defence giant…
Business
SPH Media lays off 11 workers with decommissioning of old printing presses
SPH Media will lay off 11 production workers, following the decommissioning of two of the company’s 30-year-old printing presses which…
Business
Aztech Global net profit drops 65.5% to S$16.1 million on subdued customer demand
Aztech Global’s net profit plunged 65.5 per cent to S$16.1 million, from S$46.7 million, for the first half ended Jun 30, 2025. Similarly,…
Business
Aztech Global H1 net profit drops 65.5% to S$16.1 million on subdued customer demand
Aztech Global’s net profit plunged 65.5 per cent to S$16.1 million, from S$46.7 million, for the first half ended Jun 30, 2025. Similarly,…
Business
OpenAI, Oracle to add 4.5GW US data centre capacity in AI expansion
OpenAI and Oracle announced they will develop 4.5 gigawatts of additional US data centre capacity in an expanded partnership, furthering a…
Business
SIA Engineering Q1 net profit rises 29.2% to S$42.9 million on strong MRO demand
Aircraft maintenance provider SIA Engineering Company (SIAEC) on Tuesday (Jul 22) reported a net profit of S$42.9 million for the first…
Business
HPH Trust records unchanged H1 DPU of HK$0.05 despite higher profit
Hutchison Port Holdings (HPH) Trust reported a distribution per unit of HK$0.05 for the first half ended Jun 30, 2025, unchanged from the…
Business
Temasek’s Azalea to issue Astrea 9 PE-backed bonds; interest rates to be decided
Azalea Asset Management, an indirect subsidiary of Temasek Holdings, will be launching a new series of bonds backed by 40 private equity…
Business
Temasek is back with another PE-backed bond offering - Astrea 9
Azalea Asset Management, an indirect subsidiary of Temasek Holdings, will be launching a new series of bonds backed by 40 private equity…
Business
Temasek unit Azalea is back with another PE-based bond offering - Astrea 9
Azalea Asset Management, an indirect subsidiary of Temasek Holdings, will be launching a new series of bonds backed by 40 private equity…
Business
Microsoft rushes to stop hackers from wreaking global havoc
Hackers exploited a security flaw in common Microsoft software to breach governments, businesses and other organisations across the globe…
Business
STI ends Tuesday flat as regional indices close mixed
The Straits Times Index (STI) closed flat on Tuesday (Jul 22), as regional indices showed mixed performances. The STI closed up 0.03 per…
Business
Chinese investors snap up Hong Kong stocks as flows near record
The accelerated buying comes as the Hang Seng China Enterprises Index has gained 24% this year Mainland Chinese investors’ purchase of…
Business
UK inks investment deals on £38 billion Sizewell C nuclear plant
The UK announced final approval for the Sizewell C nuclear power plant after securing private investment in the £38 billion (S$65.7…