Business
Philippines Approves Purchase of 40 Patrol Boats Amid China Spat
(Bloomberg) -- The Philippines has approved the purchase of 40 fast patrol craft worth 25.8 billion pesos ($441 million), seeking to…
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Business
Business
Manulife US Reit’s portfolio occupancy falls to 77% in Q3
MANULIFE US Real Estate Investment Trust (MUST) posted a portfolio occupancy of 77 per cent for its third quarter ended September, down…
Business
Singapore shares open higher on Wednesday; STI up 0.5%
SINGAPORE shares began Wednesday (Nov 6) trading in positive territory, mirroring overnight gains in markets abroad. As at 9.01 am, the…
Business
HSBC already fears new downsized London HQ will prove too small
HSBC Holdings is still two years away from a planned move to a smaller City of London headquarters, but executives are already concerned…
Business
FLCT posts 5.7% drop in H2 DPU to S$0.0332 despite higher revenue
THE manager of Frasers Logistics & Commercial Trust (FLCT) on Wednesday (Nov 6) reported a distribution per unit (DPU) of S$0.0332 for the…
Business
CapitaLand Investment’s 9M revenue holds steady at S$2.1 billion
CAPITALAND Investment (CLI) reported S$2.1 billion in total revenue for the year to date (YTD) ended September, representing a slight…
Business
Return-to-office debate: Amazon CEO denies full in-office mandate is ‘backdoor layoff’
AMAZON CEO Andy Jassy said at an all-hands meeting on Tuesday (Nov 5) that the plan to require employees to be in-office five days per…
Business
SingPost’s H1 profit rises 97.3% to S$22.6 million; declares S$0.0034 per share interim dividend
SINGPOST’S net profit for the first half ended September nearly doubled to S$22.6 million on higher revenue. This represented a 97.3 per…
Business
SingPost’s H1 profit rises 97.3% to S$22.6 million; declares higher interim dividend of S$0.0034 per share
SINGAPORE Post’s (SingPost) net profit for the first half ended September nearly doubled to S$22.6 million on higher revenue. This…
Business
Stocks to watch: Singtel, Prudential, Singapore Airlines Engineering Company, CapitaLand Investment, SingPost
THE following companies saw new developments that may affect trading of their securities on Wednesday (Nov 6): Singtel: A China…
Business
Great Eastern posts 52% higher Q3 profit of S$273.4 million
This is driven by contributions from its insurance business and favourable investment performance from shareholders’ funds GREAT Eastern…
Business
PBOC head vows to boost China countercyclical monetary measures
CHINA’S central bank chief pledged to maintain an accommodative monetary policy stance and to double down on countercyclical adjustments…
Business
Nvidia rides AI wave to pass Apple as world’s largest company
NVIDIA became the largest company in the world on Tuesday (Nov 5), surpassing Apple and underscoring just how dominant artificial…
Business
Apple to face first EU fine under bloc’s Digital Markets Act
APPLE is set to face the first-ever fine under the European Union’s new digital antitrust rules for Big Tech, representing an escalation…
Business
Banks tout all-night US credit trades as election results come in
BANKS are gearing up for late-night US credit trades as results trickle in from presidential and legislative elections that could impact…
Business
Frasers Hospitality Trust’s sudden lurch to a higher tax rate in Australia serves as a cautionary tale
S-Reits may lose the capital support of strategic investors due to the limit on foreign individual ownership THE news that Frasers…
Business
Emerging trends in accounting with AI and ESG
The accounting profession is undergoing significant transformation driven by the rise of artificial intelligence (AI) and growing emphasis…
Business
Ravens Acquire Tre'Davious White in Big Deal With Rams at Trade Deadline
Share ✓ Link copied to clipboard! The Baltimore Ravens are addressing their secondary in a big way by trading for Tre'Davious White. White…
Business
Japan Launches Wooden Satellite
Timber Up Japan has successfully launched the world's first satellite made of wood. The spacecraft, dubbed LignoSat, came about as a…
Business
Tesla Boosts Wages at German Plant Amid Auto Industry Cutbacks
Tesla (TSLA, Financial) has announced a salary increase at its Grunheide facility in Germany, signaling a strong commitment to its…
Business
China's New Spaceship Is a Blatant Ripoff of SpaceX's Starship
AliExpress Starship China has showed off a concept for its upcoming Long March 9, a ultra heavy-lift reusable rocket designed to deliver…
Business
Amos Group loses free float, extends offer closing date to Nov 21
OFFSHORE oil and gas equipment manufacturer Amos Group on Tuesday (Nov 5) said it has lost its free float and intends to extend the…
Business
Hapag-Lloyd christens Hamburg Express class flagship
Hapag-Lloyd has christened Hamburg Express, the eponymous flagship of its new class of container ships, at Port of Hamburg's Container…
Business
2 adorable pygmy hippos pitted against each other in cuteness contest
LONDON (AP) — The Edinburgh Zoo launched a cuteness contest between Haggis, its newborn pygmy hippo, and Moo Deng, the adorable mini…