Business
SPH Media lays off 11 workers with decommissioning of old printing presses
SPH Media will lay off 11 production workers, following the decommissioning of two of the company’s 30-year-old printing presses which…
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Business
Business
Aztech Global H1 net profit drops 65.5% to S$16.1 million on subdued customer demand
Aztech Global’s net profit plunged 65.5 per cent to S$16.1 million, from S$46.7 million, for the first half ended Jun 30, 2025. Similarly,…
Business
OpenAI, Oracle to add 4.5GW US data centre capacity in AI expansion
OpenAI and Oracle announced they will develop 4.5 gigawatts of additional US data centre capacity in an expanded partnership, furthering a…
Business
The rise of the CTO in the age of ‘business unusual’
Years ago, I spent a lot of time making the case for why IT mattered in large enterprises. It’s fair to say the landscape has…
Business
SIA Engineering Q1 net profit rises 29.2% to S$42.9 million on strong MRO demand
Aircraft maintenance provider SIA Engineering Company (SIAEC) on Tuesday (Jul 22) reported a net profit of S$42.9 million for the first…
Business
HPH Trust records unchanged H1 DPU of HK$0.05 despite higher profit
Hutchison Port Holdings (HPH) Trust reported a distribution per unit of HK$0.05 for the first half ended Jun 30, 2025, unchanged from the…
Business
Temasek unit Azalea is back with another PE-based bond offering – Astrea 9
Azalea Asset Management, an indirect subsidiary of Temasek Holdings, will be launching a new series of bonds backed by 40 private equity…
Business
Microsoft rushes to stop hackers from wreaking global havoc
Hackers exploited a security flaw in common Microsoft software to breach governments, businesses and other organisations across the globe…
Business
Douglas Rushkoff wants us to use AI to ask better questions
Douglas Rushkoff, the writer and media theorist who chronicled the countercultural spirit of early ’90s online culture in books like…
Business
HSBC Heaps Praise on Burberry, Says Focus on Outerwear, Authenticity Is Working
LONDON – HSBC has gone bullish on Burberry with a glowing report about the company’s prospects under CEO Josh Schulman, who’s been in the…
Business
STI ends Tuesday flat as regional indices close mixed
The Straits Times Index (STI) closed flat on Tuesday (Jul 22), as regional indices showed mixed performances. The STI closed up 0.03 per…
Business
Chinese investors snap up Hong Kong stocks as flows near record
The accelerated buying comes as the Hang Seng China Enterprises Index has gained 24% this year Mainland Chinese investors’ purchase of…
Business
UK inks investment deals on £38 billion Sizewell C nuclear plant
The UK announced final approval for the Sizewell C nuclear power plant after securing private investment in the £38 billion (S$65.7…
Business
Thailand’s tourism slump and household debt weigh on its lenders
Thailand’s banks are grappling with weak lending amid high household debt, slowing tourism and sluggish consumer spending that risk…
Business
Bolt CEO Ryan Breslow was a progressive workplace innovator. Now he’s axing it all
The founder of financial technology startup Bolt is back at the helm of the company—and he’s been busy. Ryan Breslow originally made a…
Business
Prince George photo released for his 12th birthday
A new photograph of Prince George has been issued by Kensington Palace to mark his 12th birthday. The photo of the smiling prince was…
Business
This new smartphone is designed for old-school physical keyboard lovers
It seems the market has spoken when it comes to phones with physical keyboards. BlackBerry exited the mobile hardware business almost a…
Business
Aoxin Q&M Dental CEO resigns as whistle-blower report lodged
The company cites ‘differences in views and opinions’ with parent Q&M Dental regarding the direction of the dental business as the reason…
Business
Sizewell C nuclear power plant costs rise to £38bn
Mariam Issimdar BBC News, Suffolk The cost of building the Sizewell C nuclear power plant has jumped to £38bn, adding £1 a month to…
Business
Sanofi to buy Vicebio for up to US$1.6 billion in vaccine push
The French drugmaker will pay US$1.15 billion upfront with a commitment for potential milestones worth as much as US$450 million Sanofi…
Business
Julius Baer's first-half profit falls 35% on loan provisions, Brazil unit sale
Swiss bank Julius Baer posted a first-half profit of 295 million francs (S$473.5 million) on Tuesday (Jul 22), down 35 per cent…
Business
HSBC Global Private Banking appoints new senior leadership across S-E Asia, Australia markets
HSBC Global Private Banking announced on Tuesday (Jul 22) a series of senior appointments to deepen its coverage across South-east Asia,…
Business
Thai Cabinet approves Vitai Ratanakorn as next central bank chief
Thailand’s cabinet on Tuesday (Jul 22) gave its approval for Vitai Ratanakorn to be the next governor of the Bank of Thailand, a…
Business
Wing Tai Properties unveils Hong Kong CBD mixed-use development joint venture with CSI Properties
Real estate developer Wing Tai Properties announced a joint venture (JV) with CSI Properties – a mixed-use development in the Hong Kong…