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…
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Business
Business
Lim Kim Signs With Universal Music Korea
Universal Music Korea has inked an exclusive deal with singer-songwriter Lim Kim. The signing adds another high-profile Korean artist to…
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 6.3% 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
Perseids meteor shower lights up night skies
Shooting stars from the annual Perseids meteor shower have been lighting up night skies across the UK and around the world over the past…
Business
Gold extends rise as Fed rate-cut bets pressure dollar
Gold rose for a third straight session on Thursday (Aug 14), helped by a weaker US dollar and lower Treasury yields as traders raised bets…
Business
Dr. Phil Fires Back at His Bankrupt Company’s Creditors, Accusing TBN and PBR of ‘Inflammatory and Damaging’ Attacks Aimed at Depressing Value of Merit Street
Dr. Phil says two creditors of his bankrupt company Merit Street Media — Christian broadcaster Trinity Broadcasting Network and…
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
Bessent says BOJ is falling behind the curve, expects hike
US Treasury Secretary Scott Bessent said the Bank of Japan (BOJ) is falling behind the curve in addressing inflation, in a rare comment…
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
Manulife US Reit posts 34.9% lower H1 distribution per unit of US$0.0084
The manager of Manulife US Real Estate Investment Trust (Reit) on Thursday (Aug 14) reported a distribution per unit for the first half of…
Business
UK cases of mosquito-borne chikungunya virus more than double
There has been a significant increase in the number of UK cases of a mosquito-borne virus that can cause sudden fever and joint pain and…
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
Olam H1 profit rises 573.2% to S$323.8 million as Remaining Olam Group swings into the black
Olam Group posted a 574 per cent rise in net profit to S$323.8 million for its first half year ended Jun 30, from S$48 million in the…
Business
Olam H1 profit rises 574% to S$323.8m as continuing operations swing into the black
Olam Group posted a 574 per cent rise in net profit to S$323.8 million for its first half year ended Jun 30, from S$48 million in the…
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
StarHub signals intention to go aggressive on acquisitions even as H1 profit falls 41.7%
StarHub chief executive Nikhil Eapen on Thursday (Aug 14) declared that the telco will continue to be aggressive on acquisitions. “We have…
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
Stocks to watch: StarHub, Olam, CapitaLand Investment, Mapletree Logistics Trust, ComfortDelGro
The following companies saw new developments that may affect trading of their securities on Thursday (Aug 14): StarHub: The telco on…
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
Telstra logs higher annual profit, announces A$1 billion buyback
Australian telecom firm Telstra Group forecast higher operating earnings for fiscal 2026 and reported a 31 per cent rise in its fiscal…