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…
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CapitaLand India Trust posts higher H1 DPU as NPI rises 10% to S$113.6 million
Capitaland India Trust (Clint) on Wednesday (Jul 30) posted a higher net property income (NPI) of S$113.6 million for the six months ended…
Business
Rio Tinto posts smallest first-half profit in five years
It reported underlying earnings of US$4.81 billion for the six months ended June 30 Rio Tinto reported its smallest first-half underlying…
Business
Gucci owner Kering posts 46% profit slump before new CEO arrives
French luxury group Kering reported on Tuesday a 46 per cent plunge in net profit during the first half, with sales slumping again at its…
Business
Boeing posts smaller loss as jet deliveries rise
Boeing reported a smaller second-quarter loss on Tuesday (Jul 29) as the US planemaker ramped up jet production and deliveries, recovering…
Business
Mapletree Industrial Trust posts 4.7% fall in Q1 DPU to S$0.0327
Mapletree Industrial Trust’s distribution per unit (DPU) fell 4.7 per cent to 3.27 Singapore cents for its first quarter ended Jun 30,…
Business
iFast posts 37.9% rise in Q2 net profit to S$22.1 million
Digital bank and wealth management platform iFast Corp reported a 37.9 per cent increase in net profit for the second quarter ended June…
Business
Keppel DC Reit posts 12.8% rise in H1 DPU to S$0.05133
Keppel DC Reit posted a 12.8 per cent increase in distribution per unit (DPU) to S$0.05133 for its first half of the financial year ended…
Business
GIC posts 3.8% 20-year annualised real rate of return; expects returns ahead will be more volatile
Sovereign wealth fund GIC reported an annualised rolling 20-year real rate of return of 3.8 per cent for its latest period ended Mar 31,…
Business
Suntec Reit posts 3.7% rise in H1 DPU to S$0.03155
The manager of Suntec Real Estate Investment Trust (Reit) on Thursday (Jul 24) posted a distribution per unit (DPU) of S$0.03155 for the…
Business
Deutsche Bank posts better-than-expected Q2 profit
Deutsche Bank returned to a better-than-expected profit in the second quarter from a year ago despite mixed results at its global…
Business
Mapletree Logistics Trust posts 12.4% fall in Q1 DPU to S$0.01812
The decline is due to the absence of one-off divestment gains and impact of weaker regional currencies Mapletree Logistics Trust’s (MLT)…
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
CapitaLand Malaysia Trust posts 0.9% rise in Q2 DPU to 1.18 sen on positive rental reversions, new contribution
CapitaLand Malaysia Trust (CLMT) posted a distribution per unit (DPU) of 1.18 Malaysian sen for the second quarter ended Jun 30, 2025, up…
Business
Qian Hu posts 87.7% fall in H1 profit on higher costs
Mainboard-listed integrated fish service provider Qian Hu on Friday (Jul 18) reported a net profit of S$30,729 for its first half ended…
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Baseless posts about India embassy attack misuse old photos
Unfounded rumours have circulated among Indian social media users that the country's embassy in Afghanistan was attacked in early July.…
Business
Saks Global Posts Q1 Top- and Bottom-line Declines, but Underscores Progress ‘Transforming’ the Business
Business across the luxury landscape is tough and Saks Global is feeling it. On Thursday, Saks Global released its first-quarter figures,…
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Volvo Car posts US$1 billion loss over impairment, tariffs
The automaker’s retail sales plunged 12% to 181,600 vehicles in the second quarter Volvo Car posted a US$1.03 billion operating loss in…
Business
TSMC posts record quarterly profit on AI demand, but cautious on tariff impact
Taiwan Semiconductor Manufacturing Co (TSMC), the world’s main producer of advanced artificial intelligence (AI) chips, posted record,…
Business
Samsung posts first profit drop since 2023 after AI chip delays
Samsung Electronics’ profit shrank more than expected after encountering hiccups in plans to sell cutting-edge artificial intelligence…
Business
HPE posts strong revenue growth, sees reduced tariff impact
Hewlett Packard Enterprise (HPE) reported quarterly revenue that topped estimates and said it expects a reduced impact from tariffs on its…
Business
Seatrium posts S$21.3 billion Q1 net orders
Seatrium recorded net order book wins amounting to S$21.3 billion as at end-March, comprising 26 projects with delivery dates till 2031.…
Business
Valuetronics posts 3.1% higher H2 profit of HK$79.9 million
Electronics manufacturing services provider Valuetronics on Wednesday (May 28) posted net profit of HK$79.9 million (S$13.1 million), up…