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Samsung hit with US$191.4 million US jury verdict in OLED patent trial, plans appeal
SAMSUNG Electronics owes patent owner Pictiva Displays US$191.4 million in damages for infringing two US patents covering organic…
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Business
Grab reports Q3 earnings of US$37 million on positive operating profit
Ride-hailing giant Grab posted third-quarter 2025 earnings of US$37million on Tuesday (Nov 4), up from US$26 million in the previous…
Business
Restaurant chain Denny’s to be taken private in US$620 million deal
The deal marks the latest in a wave of private equity buyouts of restaurant chains in recent years RESTAURANT chain Denny’s announced on…
Business
NetLink Trust posts 10.2% drop in H1 profit to S$43.5 million on higher depreciation
Fibre network provider NetLink NBN Trust on Monday (Nov 3) posted a 10.2 per cent drop in net profit to S$43.5 million for the half-year…
Business
Wee Hur selling Adelaide student accommodation property for S$14.2 million
The buyer is Grenfell Trust, an indirect 90.48 per cent owned sub-trust of Wee Hur PBSA Fund III A Wee Hur Holdings announced that its 80…
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The Property Brothers Help Trump Remodel the White House With a Budget ‘Between $350 Million and Infinity’ on ‘SNL’
Host Miles Teller portrayed both Jonathan and Drew Scott – the Property Brothers from the show of the same name – as the twins showed up…
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Trump administration announces US$100 million in funding to upgrade coal plants
The US Department of Energy on Friday (Oct 31) announced that it would make US$100 million available to refurbish and modernise existing…
Business
Dropout CEO on Launching Higher-Priced ‘Superfan’ Tier as Streamer Crosses 1 Million Subscribers (EXCLUSIVE)
This week, Dropout gave fans what they asked for: a chance to pay more for the comedy streaming service. Back in April, Dropout CEO Sam…
Business
YZJ Maritime to make mainboard debut on Nov 18, looking to raise S$5.2 million through placement
It expects a market capitalisation of S$2.04 billion upon completion of the distribution and placement Yangzijiang (YZJ) Maritime…
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China to buy 12 million metric tons of US soybeans this season, Bessent says
US Treasury Secretary Scott Bessent said on Thursday that China has agreed to buy 12 million metric tons of American soybeans during the…
Business
Gov. Moore pledges $10 million for Maryland's food banks amid state of emergency
Maryland Gov. Wes Moore declared a state of emergency on Day 30 of the government shutdown as federal food aid benefits face a funding…
Business
More than a million people talk to ChatGPT about suicide each week
Welcome to AI Decoded, Fast Company’s weekly newsletter that breaks down the most important news in the world of AI. I’m Mark Sullivan, a…
Business
AirAsia plans up to US$600 million bond to cut borrowing cost: sources
The Malaysian budget carrier operator is targeting a coupon rate of below 10% for the proposed note AirAsia Aviation Group plans to raise…
Business
Wilmar posts US$347.7 million Q3 loss on 11.9 trillion rupiah graft penalty; core profit jumps 71%
Revenue is up 7.4% at US$19.1 billion; all sectors enjoy stronger operational results Singapore-based agribusiness group Wilmar…
Business
Sheng Siong reports 12% increase in Q3 earnings to S$43.7 million
Sheng Siong reported an 11.9 per cent increase in earnings to S$43.7 million in the third quarter ended Sep 30, from S$39.1 million in the…
Business
Prudential Q3 new business profit rises 14% to US$705 million; regional CEO leaves
Prudential on Thursday (Oct 30) posted a 13 per cent year-on-year rise in “new business profit” (NBP) for its third quarter ended Sep 30.…
Business
Mapletree Industrial Trust to divest up to S$600 million of assets over next two years
The manager of Mapletree Industrial Trust (MIT) plans to divest between S$500 million and S$600 million worth of assets over the next two…
Business
CDL Hospitality Trusts Q3 NPI falls 5.6% to S$34.3 million
Net property income (NPI) for CDL Hospitality Trusts (CDLHT) fell 5.6 per cent to S$34.3 million for the third quarter ended Sep 30, from…
Business
CapitaLand China Trust’s Q3 net property income down 8.5% at 273.5 million yuan
CapitaLand China Trust (CLCT) posted net property income (NPI) of 273.5 million yuan (S$50 million) for its third quarter ended Sep 30,…
Business
Far East Hospitality Trust Q3 net property income declines 1% to S$25.9 million
The managers of FEHT maintain a moderate outlook for the stapled trust given the competitive environment Far East Hospitality Trust (FEHT)…
Business
Great Eastern Q3 net profit up 36% at S$372 million amid higher new business embedded value
Growth is driven by robust results from shareholders’ fund segment, which is up 45% on the year for the nine months ended Sep 30 Insurer…
Business
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 The manager of…
Business
Civmec Q1 earnings fall 30.9% to A$10.5 million
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…
Business
iX Biopharma raises gross proceeds of S$6.7 million from placement
The group intends to raise at least S$5 million from the exercise, with new shares issued at S$0.10 apiece Singapore-based speciality…