Business
US: Wall St opens higher ahead of US-China weekend meet
Wall Street’s main indexes opened higher on Friday (May 9) as investors assessed fresh remarks from President Donald Trump regarding US…
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Business
Business
Jumbo’s H1 profit down 10.6% at S$7.9 million amid heightened F&B competition
Restaurant operator Jumbo Group reported a 10.6 per cent decline in profit to S$7.9 million for the six months ended March 31, down from…
Business
SIA Engineering H2 net profit up 87.3% at S$70.8 million
SIA Engineering (SIAEC) reported an 87.3 per cent jump in net profit to S$70.8 million for the six months ended March 2025 from S$37.8…
Business
Rose named after Princess of Wales to celebrate 'power of nature'
A rose has been named after Catherine, Princess of Wales to highlight the healing power of nature. The Royal Horticultural Society (RHS)…
Business
Nippon Steel expects profit to drop 43% this year, US steel decision by early June
Nippon Steel expects net profit to slide 43 per cent in the fiscal year ending March 2026, it said on Friday (May 9), citing a weak global…
Business
AMC Networks Streaming Subscribers Dip to 10.2 Million in Q1 as Company Moves to Only Count Direct, Paid Sign-Ups
AMC Networks reported its first-quarter 2025 earnings Friday, revealing a new system for counting its total subscribers across AMC+,…
Business
ThaiBev Q2 profit down 3.2% at 6.7 billion baht; declares dividend of 0.15 baht per share
Chang beer maker Thai Beverage (ThaiBev) on Friday (May 9) announced that its profit for the second quarter ended Mar 31, 2025, lowered…
Business
Tom Ford, Zegna Eyewear Maker Marcolin Reports Q1 Growth, Strengthens Luxury Eyewear Portfolio
MILAN – Marcolin closed the first three months of 2025 with a growth in margins and top line. In the period ended March 31, adjusted…
Business
UMS Integration Q1 earnings nearly flat at S$9.8 million
Semiconductor player UMS Integration on Friday (May 9) reported profit of S$9.8 million for the first quarter ended Mar 31, 2025, almost…
Business
Reckoning with GDP: Accounting Versus Economics
Never confuse an accounting identity with a causal economic relationship. Source link
Business
Oghenochuko Ojiri: Bargain Hunt expert admits failing to report sales to 'Hezbollah financier'
An art expert who has worked on the BBC's Bargain Hunt has admitted failing to report a series of high-value art sales to a man suspected…
Business
Commerzbank profit unexpectedly rises in boost to CEO Orlopp
Commerzbank’s first-quarter profit unexpectedly rose to the highest in 14 years as commissions increased, and the German lender set aside…
Business
Aoxin Q&M appoints IFA for offer from Q&M Dental Group
Catalist-listed Aoxin Q&M has appointed Hong Leong Finance as the independent financial adviser (IFA) for the mandatory unconditional cash…
Business
StarHub Q1 profit falls 18.4% to S$31.8 million
Telco StarHub on Friday (May 9) reported profit of S$31.8 million for the first quarter ended Mar 31, 2025, sliding 18.4 per cent from…
Business
Our Favorite “Only in New York” Spots
“Only in New York” may be a cliché, but only because it’s so true. For Goings On, in our New York-themed centenary issue, we asked staff…
Business
Mallory McMorrow Wants Power—and Yes, That Is a Good Thing
They were wed in 2017. Although they lived in both Los Angeles and New York, both said McMorrow urged them to settle down in Michigan,…
Business
Singapore stocks rise on US-UK trade deal; STI up 0.7%
Local stocks ended higher on Friday (May 9), as investors reacted positively to news of the US striking a trade deal with the UK – the…
Business
Analysts raise price targets on DBS after Q1 earnings
Analysts raised price targets for shares of DBS, following its first quarter results release on Thursday (May 8). The bank’s net profit at…
Business
Japan's Panasonic targets 10,000 job cuts worldwide
The figure represents around 4% of the firm’s total workforce of nearly 230,000 Japanese electronics giant Panasonic said Friday (May 9)…
Business
Sembcorp, Aster sign over S$650 million in energy and utilities deals for regional projects
Both also ink an MOU to explore strategic initiatives across Singapore, Indonesia and rest of South-east Asia Energy provider Sembcorp…
Business
What ChatGPT’s ‘sycophancy’ failure teaches publishers about AI and trust
When OpenAI pulled back its latest ChatGPT release—one that apparently turned the helpful chatbot into a total suck-up—the company took…
Business
OCBC mulls capital management as it closes in on three-year target for S$3 billion incremental revenue
As OCBC reaches the deadline for its three-year target to achieve S$3 billion in incremental revenue by 2025, it is setting its sights on…
Business
Foreign banks sell record Indian sovereign debt as tensions rise
Foreign banks sold a record amount of Indian government bonds on Thursday (May 8), as a growing border conflict with Pakistan weighs on…
Business
Oh my God, it's Rob! - Pope's brother's speaks of joy
Pope Leo XIV's brother Louis says nothing will be the same again after his appointment. Source link