Business
Singapore shares retreat at Tuesday’s open; STI down 0.2%
SINGAPORE stocks started trading in negative territory on Tuesday (Nov 12) morning, despite global markets logging overnight gains. As at…
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Business
Business
Video from Egypt falsely linked to Israel's attack on Iran
Screenshot of the false X post, taken on November 1, 2024 The video, which shows aircraft flying in formation, made the rounds on social…
Business
Asian Pay TV Trust’s Q3 net profit falls 36.5% to S$6.5 million
ASIAN Pay Television Trust’s (APTT) net profit for the third quarter ended September 2024 fell 36.4 per cent to S$6.5 million from S$10.2…
Business
Grab reports Q3 profit of US$15 million, raises 2024 revenue forecast
Group-adjusted Ebitda is US$90 million for the quarter, an improvement of 224% year on year Grab on Tuesday (Nov 12) reported…
Business
Grab returns to profit in third quarter, raises 2024 revenue forecast
Group-adjusted Ebitda is US$90 million for the quarter, an improvement of 224% year on year Grab on Tuesday (Nov 12) reported…
Business
Grab returns to profit in Q3, raises 2024 revenue forecast
Group-adjusted Ebitda is US$90 million for the quarter, an improvement of 224% year on year Grab on Tuesday (Nov 12) reported…
Business
CICT sells 21 Collyer Quay for S$688 million; trust earlier reported to be eyeing up to S$850 million
CAPITALAND Integrated Commercial Trust (CICT) has divested 21 Collyer Quay, an office building located in Raffles Place, for S$688…
Business
Singapore High Court orders winding-up of embattled Qoo10; liquidators appointed
THE Singapore High Court on Nov 11 ordered beleaguered online marketplace Qoo10 to be wound up and for liquidators from AAG Corporate…
Business
Veterans Day service in Fruita draws big crowd
FRUITA, Colo. (KREX) — On November 11, 11 am of 1918, a blanket of silence fell onto the scorched battlefields. Armistice Day, now known…
Business
Stocks to watch: CICT, FHT, Riverstone, Food Empire, Lendlease Global Reit
THE following companies saw new developments that may affect trading of their securities on Tuesday (Nov 12): Source link
Business
Bankers see Asia deal drought easing as Hong Kong IPOs pick up
AFTER a lean couple of years, bankers in Asia are seeing signs of a recovery in initial public offerings (IPOs). The number of Chinese…
Business
BlackRock targets money-market fund business in new ETF push
BLACKROCK is throwing its weight behind an early push to bring exchange-traded funds (ETFs) to money-market investors. The…
Business
Nestle, P&G investigate palm oil sourcing after green group’s Indonesia deforestation report
CONSUMER brands including Nestle and Procter & Gamble (P&G) said they conducted investigations after an environmental group said palm oil…
Business
Tesla fans go all in driving US$300 billion rally on Trump win
TESLA fans have been reinvigorated by Donald Trump’s presidential triumph. The stock’s climb has been seemingly unstoppable as investors…
Business
FTX sues Binance and its former CEO for US$1.8 billion
COLLAPSED cryptocurrency company FTX is suing Binance and its former CEO Zhao Changpeng, alleging that US$1.8 billion was “fraudulently…
Business
US opens probe into 1.4 million Honda vehicles over engine issues
THE National Highway Traffic Safety Administration (NHTSA) said on Monday (Nov 11) that it is opening a probe into 1.4 million Honda…
Business
Another Private Wavegarden Pool Is Opening in Brazil
Another wave pool is slated for construction in Brazil, but you’ll have to buy property to surf it. Wavegarden announced that a new…
Business
China expanding into disputed Himalayan territory with new villages: report
[Source] Satellite images, government notices and social media footage reveal extensive construction of multiple villages in a remote…
Business
Woman walks past grandparents' decor for 20 years—then realizes what it is
A video showing a surprising discovery about a vintage home decor piece has taken social media by storm. The clip posted by…
Business
Audi Reveals Sister Brand AUDI
Audi unveils electric E concept representing the new AUDI brand, to be launched along with partner SAIC starting in 2025, previewing a new…
Business
Kenya's top judge: No-one has ever tried to bribe me
Kenya’s most senior judge has hit out following recent allegations of corruption and incompetence within the judiciary. "In all these 22…
Business
Morgan Stanley’s PE arm to sell HVAC firm to Goldman Sachs Alternatives
MORGAN Stanley’s private equity arm is selling its heating, ventilation and air conditioning (HVAC) business Sila Services, about three…
Business
Lui Che Woo, casino tycoon who hit jackpot in Macau, dies at 95
LUI Che Woo, the Hong Kong tycoon whose fortune grew alongside neighbouring Macau’s casino industry, has died. He was 95. He died on Nov…
Business
In Italy, train leaves early to arrive on time
Passengers of an Italian high-speed train were left stranded last week after it departed almost one hour early -- so it could arrive on…