Culture
Oil prices fall on Opec 2026 supply outlook
[HOUSTON] Oil prices fell more than US$2 a barrel on Wednesday, weighed down by an Opec report saying global oil supply will match demand in 2026, marking a further shift from its...
UK’s Starmer tells BBC to get ‘house in order’ after Trump legal threat
[LONDON] British Prime Minister Keir Starmer said he supported a strong and independent BBC but the public broadcaster must get its “house in order” after US President Donald Trump...
NTT DC Reit posts H1 DPU of US$0.0169, seeks growth in Tier 1 data centre markets
It is eyeing opportunities that will reduce tenant concentration, while diversifying its portfolio geographically[SINGAPORE] NTT DC Real Estate Investment Trust (Reit) posted a distribution per unit (DPU) of US$0.0169...
Hong Kong’s investment firm reports HK$2 billion return in 2024
As at end-2024, the firm had used up under a fifth of its initial HK$62 billion kitty[HONG KONG] Hong Kong Investment Corporation (HKIC) generated more than HK$2 billion (S$335.5...
AEM posts S$4 million 9M net profit, reversing year-ago loss, with “AI era” new solutions
Revenue rose 16 per cent to S$287.5 million, driven by high-volume manufacturing at a major customer [SINGAPORE] Test solutions provider AEM Holdings posted a S$4 million profit for the...
JB Foods swings into the black with US$59.4 million H1 net profit, declares special dividend
The special dividend of S$0.028 per share is in addition to an interim dividend of S$0.002 a share[SINGAPORE] JB Foods posted a net profit of US$59.4 million for the...
Potential CapitaLand-Mapletree merger must be examined through an ESG lens
If a deal were to happen, it could create one of Asia’s largest real estate companies[SINGAPORE] A possible merger between two Temasek-linked real estate groups might require harmonising of...
ST Engineering posts 9% rise in 9M revenue to S$9.1 billion despite impairments from subsidiary
[SINGAPORE] ST Engineering posted a 9 per cent year-on-year rise in revenue to S$9.1 billion for the nine months ended Sep 30, on the back of strong performances across...
Zhongji Innolight picks banks for one of Hong Kong’s biggest listings
The company’s Shenzhen shares surge 237% since June, lifting its 2025 gain to 300% [HONG KONG] Zhongji Innolight, a Chinese maker of optical communication modules and devices, has picked...
China’s Singles’ Day shopping festival winds down with ‘muted’ sentiment, sales expectations
Consumer malaise in China has made it harder than ever to get people to open their wallets[SHANGHAI] China’s Singles’ Day sales festival is coming to a close after more...
