Culture
Boeing reports US$5.4b loss on large hit from 777X aircraft delays
Boeing has pushed back commercial deliveries on the 777X to 2027 from the prior 2026 timeframe[NEW YORK] Boeing reported a US$5.4-billion third-quarter loss on Wednesday (Oct 29) as massive...
Starhill Global Reit’s net property income edges up 0.2% to S$37.9 million in Q1 FY2026
The Reit’s improved performance was mainly driven by stronger contributions from its Singapore retail and Malaysia segment[SINGAPORE] The manager of Starhill Global Reit reported a marginal rise of 0.2...
Singapore expands electricity system with Meranti’s hydrogen-ready power plant
At full capacity, the 682-megawatt facility on Jurong Island can power over a million four-room flats[SINGAPORE] The Energy Market Authority’s (EMA) wholly owned subsidiary, Meranti Power, has developed a...
China signals it will pull plug on subsidies for EVs with five-year plan exclusion
Analysts say the country’s EV industry is now world-leading and considered mature[SHANGHAI/BEIJING] China has sent a clear signal that it is willing to pull the plug on subsidies for...
Keppel, Engie collaborate to boost Asia-Pacific’s transition to low-carbon energy systems
[SINGAPORE] Asset manager Keppel ’s infrastructure division is collaborating with Engie Energy Marketing Singapore, a subsidiary of French energy company Engie, to jointly advance the development of innovative energy...
Civmec Q1 earnings fall 30.9% to A$10.5 million
[SINGAPORE] Civmec on Wednesday (Oct 26) posted a net profit after tax of A$10.5 million (S$9 million) for its first quarter ended Sep 30, down about 30.9 per cent...
‘Thoroughbred over unicorns’: How SGAG parent Hepmil went from seed to sale
Advertising and public relations giant Publicis Groupe is acquiring the company for an undisclosed sum[SINGAPORE] South-east Asia’s tech scene received a boost with news of Hepmil Media Group’s acquisition...
Nvidia shares soar as Trump fuels hopes of China Blackwell sales
The tech company’s shares extended gains to 8.5% in Asian trading on the alternative platform Blue Ocean NVIDIA’S shares extended their dramatic ascent to a record after US President...
Nvidia storms past US$5 trillion valuation as AI boom powers meteoric rise
The milestone underscores the company’s transformation from a niche graphics-chip designer into the backbone of the global AI industry[NEW YORK] Nvidia made history on Wednesday (Oct 29) as the...
HSBC brings startup-focused Innovation Banking to Singapore, allocates US$1.5 billion to finance high-growth companies
Lender will execute a go-to-market strategy that covers both entrepreneurs and venture capital firms[SINGAPORE] HSBC on Wednesday (Oct 29) launched Innovation Banking in Singapore, targeting startups and venture capital...
