Business
Uber boosts buybacks by US$20 billion after upbeat forecast
Uber Technologies announced US$20 billion in new stock buybacks after sharing a better-than-expected third-quarter forecast and quarterly…
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Business
Business
Straits Trading expects to swing to net loss for H1
But its overall financial position remains healthy with sufficient liquidity to meet its operational and financial commitments, says the…
Business
‘New Keppel’ shows promise; M1 sale and green projects could stir more excitement
Once the world’s largest offshore rig builder, Keppel is doubling down on efforts to transform into an asset manager – most recently with…
Business
McDonald’s global sales top estimates as affordable meal options boost demand
McDonald’s global comparable sales beat Wall Street expectations for second quarter, as affordable meal bundles and promotions drew in…
Business
Chinese streaming platform iQiyi to seeks US$300 million in Hong Kong listing: sources
The streaming service platform has begun discussions with global banks about a second listing in the city iyi is seeking to raise US$300…
Business
Yangzijiang Shipbuilding posts record earnings of 4.2 billion yuan for H1
Yangzijiang Shipbuilding posted a record-high net profit of 4.2 billion yuan (S$752.6 million) for the six months ended Jun 30, 2025,…
Business
Venture Corp Q2 profit edges up to S$57.1 million; H1 earnings remain lower
Technology solutions provider Venture Corp posted a 2.3 per increase in net profit to S$57.1 million for its second quarter ended June…
Business
Disney tops earnings forecasts with streaming gains, raises guidance
Walt Disney posted better-than-expected quarterly results and raised its annual profit forecast on Wednesday (Aug 6), led by gains in…
Business
BrewDog ad banned for implying beer beats boredom and loneliness
A poster for BrewDog has been banned by the advertising watchdog for implying that alcohol can beat boredom, loneliness or frustration.…
Business
Airbnb’s Brian Chesky should be the next CEO of Disney
The CEO of Disney is the most renowned CEO job in America. Wondering who will succeed Bob Iger and be just the eighth person to hold the…
Business
ESPN Gets Headlock on WWE Live Events Like ‘WrestleMania’ in New U.S. Rights Deal
ESPN and WWE are about to get each other in tighter holds. Under a new five-year deal, ESPN’s soon-to-launch streaming outlet will,…
Business
Singapore stocks rise for third straight day amid mixed regional showing; STI up 0.5%
Local stocks closed higher on Wednesday (Aug 6), marking a third consecutive day of gains despite a mixed regional market performance and…
Business
Hiroshima: Ceremony marks 80th anniversary of atomic bombing
A minute of silence was held in Hiroshima on Wednesday during a ceremony to mark 80 years since the United States dropped an atomic bomb…
Business
Video: Uber’s Sexual Assault Problem
new video loaded: Uber’s Sexual Assault Problem Emily Steel, an investigative reporter for The New York Times, got access to sealed court…
Business
Eubank vs Benn 2: Rematch announced for 15 November
The much-anticipated rematch between British rivals Chris Eubank Jr and Conor Benn will take place at Tottenham Hotspur Stadium in…
Business
Zalando Q2 Revenues Rise 7.3%, Full-Year Guidance Adjusted
BERLIN– German online retailing giant Zalando continued to grow in the second quarter, with group revenues rising 7.3 percent to 2.83…
Business
Rachel Reeves must raise taxes to cover £41bn gap, says think tank
Taxes must rise in the autumn if Chancellor Rachel Reeves is to meet her self-imposed borrowing rules, according to an economic think…
Business
India’s central bank holds rates as expected, but growth risks linger
The Reserve Bank of India (RBI) kept its key repo rate steady at 5.50 per cent on Wednesday, in line with expectations, as policymakers…
Business
The evolving role of listed company directors
Singapore is on a mission to revitalise its capital markets. A high-level working group chaired by Minister for National Development Chee…
Business
Chinese hotel chain Atour is said to seek second listing in Hong Kong
Its American depositary receipts have more than tripled since, valuing the company at about US$4.8 billion Hotel chain Atour Lifestyle…
Business
Imas, UK’s Investment Association join MAS’ Project Guardian focused on asset tokenisation
The Investment Management Association of Singapore (Imas) and Investment Association (IA) on Wednesday (Aug 6) announced their…
Business
UOBKH portfolio of alpha picks beats STI in July; new top choices for Singapore, Malaysia named
The UOB Kay Hian (UOBKH) alpha picks portfolio surpassed the Straits Times Index (STI) in July even with the latter hitting record highs,…
Business
Cathay Pacific poised to make first Boeing order in 12 years
Cathay Pacific Airways is poised to place an order for new aircraft from Boeing for the first time in 12 years, according to sources…
Business
Cathay Pacific warns of declining airfares and uncertain cargo outlook, shares fall 10%
Cathay Pacific Airways on Wednesday (Aug 6) warned of declining airfares, challenges at its budget carrier and uncertain cargo market…