Business
Singtel secures S$643 million green loan for new data centre in Tuas
SINGTEL’S regional data centre arm, Nxera DCT, has secured a S$643 million five-year green loan to finance the development of a new 58…
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Business
Business
L’Oreal sales miss estimates as China demand remains weak
L’OREAL’s fourth-quarter sales fell short of analysts’ estimates after demand in the US failed to make up for a continued downturn in…
Business
Amazon offers weak outlook on rising spending for AI
AMAZON.COM projected profit in the current quarter that fell short of analysts’ estimates, suggesting the company continues to ramp up…
Business
‘GTA 6’ on Course for Fall 2025, Take-Two CEO Says
Take-Two Interactive reported its quarterly earnings results for October to December 2024 on Thursday, which once again did not include a…
Business
E.l.f. Beauty Sees Strong Q3 Sales, but Adjusts Full-year Forecast After Soft January
E.l.f. Beauty surpassed Wall Street’s top-line forecasts in the third quarter, but lowered its full-year forecast on the back of a…
Business
NI Education: Teachers reject backdated pay rise of 5.5%
The majority of teachers in Northern Ireland have rejected a 5.5% pay offer for 2024/25 and are set to take action short of strike. BBC…
Business
Cathay Cineplex has paid back S$12 million owed to landlords; remaining S$2.7 million is a quarter of total sum
mm2 Asia says slower-than-expected recovery of the cinema industry hit the cinema chain’s ability to pay its arrears on a timely basis THE…
Business
DXL Enhances Marketing Capabilities by Consolidating Technology With Bluecore
Destination XL Group Inc. said it has expanded its partnership with Bluecore, making the tech company the sole vendor for identification,…
Business
US: Wall St opens higher after big corporate results
Wall Street’s main indexes opened slightly higher on Thursday (Feb 6), as investors evaluated earnings from companies including Honeywell…
Business
BRC Asia Q1 profit after tax rises 13.9% to S$19.5 million
This is despite revenue falling 12.4% year on year to S$349.8 million, from S$399.2 million STEEL fabricator BRC Asia on Thursday (Feb 6)…
Business
Japan Foods sinks into the red with S$2.9 million loss in Q3
JAPAN Foods sank into the red with a net loss of S$2.9 million for its third quarter ended Dec 31, 2024, compared with a net profit of…
Business
Japan Foods sinks into the red with 9M loss of S$2.9 million
JAPAN Foods sank into the red with a net loss of S$2.9 million for the nine months ended Dec 31, 2024, compared with a net profit of…
Business
HSBC’s head of global banking for Asia-Pacific is exiting lender
HSBC Holdings’s head of global banking for Asia-Pacific, Christina Ma, is leaving the bank, according to people familiar with matter, as…
Business
Jonas v Price: Savannah Marshall says she is 'not fighting' on 7 March event
Savannah Marshall says she is no longer fighting on the undercard of Natasha Jonas v Lauren Price on 7 March in London. The…
Business
Unstoppable retail crowd breaks US stock buying record despite rout
THE volatile start to the year has spooked some professional investors but has done little to dowse retail traders’ enthusiasm for the US…
Business
IHH unit may seek higher compensation in lawsuit against Japan’s Daiichi Sankyo over Fortis deal
AN INDIRECT, wholly owned subsidiary of integrated healthcare player IHH Healthcare, Northern TK Venture (NTK), on Thursday (Feb 6)…
Business
ST Engineering bags new contracts worth S$4.3 billion in Q4 2024
ST ENGINEERING on Thursday (Feb 6) announced that it secured S$4.3 billion in new contracts in the fourth quarter of 2024. These comprise…
Business
CapitaLand Ascendas Reit H2 DPU rises 3.2% to S$0.07681
THE distribution per unit (DPU) of CapitaLand Ascendas Real Estate Investment Trust (Clar) for the second half ended Dec 31, 2024, was…
Business
Davina McCall 'angry' over brain tumour taking 'control' of her life
Paul Glynn Culture reporter TV Presenter Davina McCall has spoken publicly for the first time about the "anger" she felt over the benign…
Business
DeepSeek fever fuels patriotic bets on Chinese AI stocks
CHINESE investors are rushing into AI-related stocks, betting the artificial intelligence advance of home-grown startup DeepSeek will lead…
Business
DeepSeek fever fuels patriotic bets on China AI stocks
CHINESE investors are rushing into AI-related stocks, betting the artificial intelligence advance of home-grown startup DeepSeek will lead…
Business
Maersk Q4 profit beats forecast, expects softer 2025 earnings
The Danish company, viewed as a barometer of world trade, said it expects an underlying Ebitda result of between US$6 billion and US$9…
Business
SGX seeing ‘improved momentum’ in IPO pipeline, hopeful that listings will exceed last year’s
More companies could be listing here this year with the Singapore Exchange (SGX) seeing an improved pipeline of initial public offerings…
Business
SocGen doubles Q4 profit as retail unit rebounds
SOCIETE Generale (SocGen) said on Thursday (Feb 6) it had doubled fourth-quarter profits after a recovery in its retail bank and increased…