Business
DBS suggested Hyflux issue preference shares in 2011, Olivia Lum’s lawyer reveals
The issuance of S$400 million in preference shares by Hyflux in 2011 was suggested by DBS, going by evidence that emerged in the trial of…
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Business
Business
Wilmar H1 profit rises 2.6% on improved plantation, sugar milling and food product segments
Agribusiness Wilmar International on Tuesday (Aug 12) reported a net profit of US$594.9 million for the first half ended Jun 30, up 2.6…
Business
Haw Par Corporation H1 net profit up 18.2% at S$144.1 million
It declares an interim dividend of 20 Singapore cents per share, unchanged from the year before Haw Par Corporation posted an 18.2 per…
Business
Underwater mortgages are climbing in Florida and Texas housing markets
Want more housing market stories from Lance Lambert’s ResiClub in your inbox? Subscribe to the ResiClub newsletter. Since the Pandemic…
Business
Hong Leong Asia H1 net profit rises 13.1% to S$56 million
Hong Leong Asia posted a 13.1 per cent rise in net profit to S$56 million for the first half of its financial year ended Jun 30, 2025,…
Business
Tencent Music Posts $1.18 Billion Q2 Revenue as Profit Rises 43% on Subscription Momentum and SVIP Surge
Tencent Music Entertainment Group, China’s dominant online music and audio platform, reported second-quarter 2025 revenue of $1.18…
Business
Illia Zabarnyi: Bournemouth defender completes £57m move to PSG
Bournemouth expected at least one defender to be sold this summer but to lose three has been a shock, according to sources inside the…
Business
Marcelo Gomes’ Documentary About Dreams ‘Creatures of the Mind’ Acquired by Utopia Docs (EXCLUSIVE)
Sales agency Utopia Docs has acquired Brazilian filmmaker Marcelo Gomes’ “Creatures of the Mind,” which had its international premiere at…
Business
Top Philippine bank likely to sustain record profit, CEO says
BDO Unibank, the Philippines’ biggest lender, expects to sustain record-high earnings this year on broad-based growth in lending, its…
Business
Are we ready to live amongst robots?
Arguably the most important thing that the rise of intelligent AI could potentially bring is access. Access to goods, services, and…
Business
Japan's Nikkei races to record high, SoftBank leads tech surge
Japan’s Nikkei share gauge powered to an all-time high on Tuesday (Aug 12), driven by sharp gains for tech companies and renewed optimism…
Business
A Lisbon lab is turning dead bacteria into dog treats. Next up: Human snacks
“Microbial protein,” says Katelijne Bekers, waving a vial of beige-coloured powder in front of me like it’s a magic potion. It doesn’t…
Business
Norway’s US$1.9 trillion wealth fund returns 5.7% in H1
Norway’s sovereign wealth fund returned 5.7 per cent and slightly missed its target in the first six months of 2025. The US$1.9 trillion…
Business
UK job vacancies tumble across the board
The UK jobs market has continued to cool as vacancies fell and the number of people on payrolls dropped, the latest official figures…
Business
China urges firms not to use Nvidia H20 chips in new guidance
China has urged local companies to avoid using Nvidia’s H20 processors, particularly for government-related purposes, complicating the…
Business
M1-Simba, Starhub-MyRepublic consolidations: a crowded telco market through the years
Developments of telecommunications companies consolidating dominated this week, after many years of speculation. News broke on Tuesday…
Business
Worst coral bleaching on record for Western Australian reefs
Watch: Can you un-bleach coral? BBC visits remote Australian reef to find out World-famous coral reefs along Western Australia's (WA)…
Business
DBS, China-Singapore Suzhou Industrial Park Development sign MOU to advance carbon credit trading
DBS China on Tuesday (Aug 12) has signed a memorandum of understanding with a subsidiary of China-Singapore Suzhou Industrial Park…
Business
DBS China signs MOU with two other parties to advance carbon credit trading
DBS China on Tuesday (Aug 12) signed a memorandum of understanding with a subsidiary of China-Singapore Suzhou Industrial Park Development…
Business
Australia’s central bank cuts rates to two-year low of 3.6%
Australia’s central bank cut interest rates on Tuesday (Aug 12) for a third time this year and signalled further policy easing might be…
Business
RBA cuts interest rates, signals more to come as inflation slows
Australia’s central bank cut interest rates on Tuesday (Aug 12) for a third time this year and signalled further policy easing might be…
Business
Trump nominates conservative economist to head agency that compiles jobs, inflation data
President Donald Trump said Monday that he has nominated E.J. Antoni, chief economist at the conservative Heritage Foundation, to head the…
Business
Jess Carter feared Lionesses team-mate Lauren James would suffer 'astronomical' racist abuse
Speaking about the impact the abuse had on her, Carter said: "It makes you feel really small. It makes you feel like you're not important,…
Business
Do Kwon may plead guilty in US case over US$40 billion Terraform collapse
Terraform Labs co-founder Do Kwon may plead guilty in a US fraud case tied to the US$40 billion collapse of the TerraUSD stablecoin in…