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…
Swedan Margen
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News
Latest Singapore six-month T-bill cut-off yield declines to 1.59%
Auction receives S$17.9 billion in applications for the S$7.5 billion on offer, representing a bid-to-cover ratio of 2.39 The cut-off…
News
South Korea to announce plan to restructure petrochemical sector facing ‘grave’ situation
South Korea’s government will announce a plan this month to restructure the country’s petrochemical sector, which is in a “grave”…
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
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 6.3% 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…
Business
CapitaLand Investment drops 3.5% on lower H1 earnings
At the midday trading break, its shares were down by 4.3% at S$2.70 – their lowest price in more than a month Shares of CapitaLand…
Business
Q&M Dental H1 profit tumbles 60% to S$3.9 million
Q&M Dental’s net profit fell 60 per cent to S$3.9 million for its first half ended Jun 30, 2025, from S$9.7 million in the year-ago…
Business
Starbucks struggles to find a new identity in cutthroat China
When a group of private equity investors and Chinese technology companies were asked for ideas on how they would revive Starbucks’s…
Business
Starbucks struggles to find a new identity in cut-throat China
When a group of private equity investors and Chinese technology companies were asked for ideas on how they would revive Starbucks’s…
Business
ST Engineering H1 earnings up 19.7% at S$402.8 million on back of defence demand in Europe, Middle East
Singapore Technologies Engineering (ST Engineering) on Thursday (Aug 14) posted a 19.7 per cent increase in net profit to S$402.8 million…
Business
Westpac profit grows 5% on margin lift and higher lending
Australia’s Westpac Banking on Thursday (Aug 14) said wider margins and lending and deposits gains helped it post slightly higher…
Business
Sasseur Reit posts 3.1% lower H1 DPU of S$0.03055
The manager of Sasseur Real Estate Investment Trust (Reit) on Thursday (Aug 14) said that its distribution per unit (DPU) for the first…
Business
Thailand’s Delta sees AI boom boosting sales for coming years
Delta Electronics (Thailand), the country’s most valuable publicly traded company, is predicting “double-digit” sales growth to continue…
Business
Aoxin Q&M Dental H1 net profit down 44.3% at 2.7 million yuan
Revenue rises 4.6% to 86.8 million yuan, from 83 million yuan in the year-ago period Catalist-listed Aoxin Q&M Dental on Thursday (Aug 14)…
News
Trump orders overturn Biden era antitrust crackdown, promote space industry
President Trump revoked a Biden-era executive order that spurred more aggressive enforcement of antitrust laws in an effort to promote…
Business
US chip-gear maker sued in China over alleged trade secret theft
Top US chip-equipment supplier Applied Materials was sued by a rival in China over what that company characterised as trade secret theft,…
Business
Google pledges US$9 billion to expand AI, cloud infrastructure in Oklahoma
ABET’S Google said on Wednesday it will spend an additional US$9 billion in Oklahoma over the next two years to expand cloud and…
News
Jury finds Texas couple guilty of concealing and harboring bakery workers in the U.S. illegally
Two South Texas bakery owners are guilty of concealing and harboring employees in the U.S. illegally, a jury found Wednesday afternoon…
News
Striking Boeing defence workers turn to US Congress
BOEING defence industry workers currently on strike asked for congressional lawmakers’ support on Wednesday as they seek to pressure the…
Business
Cisco sees AI sales picking up but sticks to cautious outlook
Cisco Systems, the largest maker of machines that run computer networks and the internet, gave a cautious forecast for the current fiscal…
News
Putin to test Trump's dealmaking prowess at Alaska summit
President Trump took an aggressive stance ahead of Friday's high-stakes summit with Russian President Vladimir Putin by threatening "very…
News
Trump, Schumer offer warning signs of clash to come on government funding
President Trump said Wednesday that he would meet with Democratic congressional leaders to discuss government funding ahead of the…
News
NYC Mayor Eric Adams scrambles to save reelection with boost from Black 'trailblazer' David Paterson
Former New York Gov. David Paterson endorsed embattled Mayor Eric Adams' bid for reelection, hoping his status as the state's first Black…