Business
US jury says Apple must pay Masimo US$634 million in smartwatch patent case
A FEDERAL jury in California said on Friday(Nov 14) that Apple owes medical-monitoring technology company Masimo US$634 million for…
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Business
Stamford Land H1 profit rises 4.1% to S$15.8 million on higher hotel room rates
Stamford Land reported a 4.1 per cent rise in net profit to S$15.8 million for its first half ended Sep 30, from S$15.2 million in the…
Business
Geo Energy Q3 net profit falls 55% to US$3.2 million due to lower coal prices
Indonesian coal producer Geo Energy Resources on Friday (Nov 14) reported a 55 per cent decline in net profit to US$3.2 million for the…
Business
The Hour Glass posts 23.2% rise in profit for H1 FY2026 to S$75.7 million
The Hour Glass reported a 23.2 per cent rise in net profit to S$75.7 million for the six months ended Sep 30, 2025, from S$61.4 million in…
Business
Malaysia enters mediation with Julius Baer on US$112 million 1MDB lawsuit
MALAYSIA said it’s entered mediation talks with Julius Baer Group in a bid to settle a US$112 million lawsuit filed against the Swiss bank…
Business
Frasers Property full-year profit rises 17.8% to S$243.1 million
Net fair value change and reversal of tax provisions helped Frasers Property’s full-year earnings increase by 17.8 per cent, said the real…
Business
Frasers Property full-year profit rises 17.8% to S$243 million on fair value gains; revenue dives S$800 million
Net fair value change and reversal of tax provisions helped Frasers Property’s full-year earnings increase by 17.8 per cent, said the real…
Business
Frasers Property H2 profit falls 32.2% to S$100.9 million on lower contributions from residential projects
Frasers Property posted a net profit of S$100.9 million for the six months ended Sep 30, a 32.2 per cent decline from S$148.9 million for…
Business
United Hampshire US Reit Q3 distributable income up 15.5% at US$7 million
This is due to commencement of new leases, rental escalations from existing leases and lower interest costs The manager of United…
Business
First Resources Q3 profit surges 43.5% to US$87.5 million
Palm oil producer First Resources posted a 43.5 per cent increase in net profit for the third quarter, the company said on Friday (Nov…
Business
StarHub’s Q3 profit falls 35.3% to S$26.2 million
StarHub posted a net profit of S$26.2 million for its third quarter ended Sep 30, down 35.3 per cent from S$40.4 million in the previous…
Business
Sats Q2 net profit up 13.3% to S$78.9 million as clients front-load orders ahead of US tariffs
The group declares an interim dividend of S$0.02 per share, higher than S$0.015 a year ago In-flight caterer and ground handler Sats on…
Business
Debt-ridden mm2 Asia’s H1 net loss deepens to S$39.7 million as existential threat looms
Entertainment group mm2 Asia on Thursday (Nov 13) reported a net loss of S$39.7 million for the half-year ended Sep 30, widening from the…
Business
Goldman set for record advisory year after US$110 million fee on EA’s take-private deal
A 2025 M&A rebound has lifted US bank deal revenue, with Goldman outpacing its rivals Goldman Sachs Group’s biggest-ever M&A payday may be…
Business
SIA posts 67.8% drop in net profit to S$238.5 million for H1 FY2026; declares special dividend package
The group attributes the decline in earnings to losses by its associate Air India, which were not included in previous year’s results…
Business
SIA posts 82.1% drop in net profit to S$52 million for Q2; declares special dividend package
The group attributes the decline in earnings to losses by its associate Air India, which are not included in previous year’s results…
News
Boeing ordered to pay more than US$28 million to 737 MAX crash victim’s family
A jury in federal court in Chicago ordered Boeing on Wednesday to pay more than US$28 million to the family of a United Nations…
Business
Ex-Twitter CEO Agrawal’s AI search startup Parallel raises US$100 million
AI STARTUP Parallel Web Systems, founded by former Twitter CEO Parag Agrawal, has raised US$100 million to build web search infrastructure…
Business
Sasseur Reit Q3 rental income up 4.9% at 166.3 million yuan
The manager of Sasseur Real Estate Investment Trust (Sasseur Reit) on Thursday (Nov 13) posted rental income of 166.3 million yuan (S$30.4…
Business
Acrophyte Hospitality Trust 9-month net property income falls 13.9% to US$29.1 million
The drop is largely due to hotel dispositions and renovations, as well as increases in operating expenses Acrophyte Hospitality Trust’s…
Business
Golden Agri-Resources Q3 profit rises 17% to US$124 million on higher output and palm oil prices
Palm oil producer Golden Agri-Resources (GAR) posted a 17 per cent quarter-on-quarter rise in net profit for the third quarter ended Sep…
Business
Food Empire’s Q3 revenue rises 28.3% to US$152.6 million
Food Empire posted a revenue of US$152.6 million for the third quarter ended Sep 30, 2025, up 28.3 per cent from a year ago. In a bourse…
Business
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 Test solutions provider AEM Holdings…
Business
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 JB Foods posted a net profit of US$59.4…