Business
Gildan Buying HanesBrands in $2.2B Cash and Stock Deal
Basic is getting bigger. In a major move to consolidate the basic side of the apparel industry, Gildan Activewear Inc. has agreed to buy…
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Business
Business
Tesla Superchargers still lead the pack as EV charging in America gets more reliable, report says
The nation’s electronic vehicle charging network is getting more reliable—and Tesla Superchargers are leading that advancement. To get…
Business
CSE Global H1 earnings up 8.5% to S$16.3 million, boosted by growth of communications business
Technology solutions provider CSE Global reported a profit of S$16.3 million for the first half of FY2025, up 8.5 per cent from the…
Business
Nanofilm back in the black with H1 net profit of S$1.6 million
Nanofilm Technologies reported a net profit of S$1.6 million for the first half of the year, reversing from a net loss of S$3.7 million in…
Business
What comes after agentic AI? This powerful new technology will change everything
Ten years from now, it will be clear that the primary ways we use generative AI circa 2025—rapidly crafting content based on simple…
Business
United Overseas Insurance aims to increase technology investments by almost 50% by 2029
United Overseas Insurance (UOI), the general insurance arm of UOB, will increase its technology investments by almost 50 per cent from…
Business
Singapore’s KPB Biosciences fails in bid to unfreeze assets in US$830 million Novo Nordisk legal battle
Locally headquartered biotech firm KPB Biosciences has failed to set aside a court order for its assets to be frozen, with the Singapore…
Business
Air Canada flight attendants set 72-hour strike deadline for pay deal
The Canadian Union of Public Employees, representing more than 10,000 Air Canada cabin crew, on Wednesday (Aug 13) gave the airline a…
Business
GoTo posts fourth straight adjusted profit, helped by cost cuts
Indonesia’s GoTo Group notched a fourth consecutive quarter of adjusted profit, making progress with reining in expenses and boosting…
Business
ComfortDelGro’s H1 2025 earnings rise 11.2% to S$106 million
Transport operator ComfortDelGro (CDG) reported on Wednesday (Aug 13) an 11.2 per cent increase in earnings for the first half of 2025 to…
Business
Good governance for vibrant capital markets: towards a market-centric dynamic index
IN 2024, the Singapore Governance and Transparency Index (SGTI) was re-introduced as a dynamic index designed to reflect continuous…
Business
Singapore stocks track regional gains; STI up 1.2%
Shares on the local bourse ended higher on Wednesday (Aug 13), following three consecutive sessions of declines. The rebound came as…
Business
China's Tencent revenue grows 15% in Q2 on strong gaming performance
It reported revenue of 184.5 billion yuan (S$32.9 billion), exceeding analyst estimates of 178.5 billion yuan Tencent reported…
Business
Armenian Documentary ‘There Was, There Was Not’ Acquired in U.S. by Suncatcher, Watermelon (EXCLUSIVE)
Suncatcher Productions and Watermelon Pictures are partnering up for the U.S. release this fall of “There Was, There Was Not,” Emily…
Business
Dane Komljen on His Freewheeling, Utopian ‘Desire Lines’ and ‘Slipping Into a Different Mold’ in the Locarno Main Competition Title
A man dissolves into a shimmering silhouette before passing through a wall into the afterlife in Dane Komljen’s ghostly “Desire Lines,”…
Business
Temasek-backed ST Telemedia is said to consider selling stake in data centre operator GDS: sources
ST Telemedia (STT) is considering selling its holding in Chinese data centre operator GDS Holdings, people familiar with the situation…
Business
Analysts say StarHub can benefit from consolidation, Singtel to a more ‘limited extent’
Recent surprise acquisitions in Singapore’s telecommunications space may have raised eyebrows, but analysts see the moves by StarHub, M1…
Business
StarHub can benefit from consolidation, Singtel to a more ‘limited extent,’ analysts say
Recent surprise acquisitions in Singapore’s telecommunications space may have raised eyebrows, but analysts see the moves by StarHub, M1…
Business
Thailand’s central bank cuts key rate by 25 bps, as expected
Thailand’s central bank lowered its key interest rate by a quarter point on Wednesday (Aug 13), its fourth cut in 10 months as it looks to…
Business
Thailand’s central bank cuts rates to lowest in two years to support growth
Thailand’s central bank lowered its policy rate by a quarter point on Wednesday (Aug 13), its fourth cut in 10 months, to support a…
Business
DBS sees rising demand for yuan settlements from Chinese exporters
DBS Group, South-east Asia’s largest lender by assets, is seeing growing interest from Chinese exporters to settle trades in renminbi…
Business
Nuclear-powered AI could make Rolls Royce UK's biggest firm, says boss
Simon Jack Business editor Rolls-Royce's plan to power artificial intelligence (AI) with its nuclear reactors could make it the UK's most…
Business
Japan's Nikkei tops 43,000 for first time ever
Japan’s Nikkei share average breached the 43,000-mark for the first time on Wednesday (Aug 13), with the broader Topix index also scaling…
Business
Singapore life insurance new business premiums surge 7.7% to nearly S$3 billion in H1 2025 while claims payouts fall 42%
The life insurance industry in the Republic recorded a total of S$2.99 billion in weighted new business premiums for the first half of…