Business
Aims Apac Reit to acquire two industrial buildings in Aljunied for S$56.7 million
Aims Apac Reit is proposing to acquire an industrial property – comprising two buildings – in the Aljunied area for around S$56.7 million,…
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Business
Shangri-La Asia H1 net profit down 38.7% at US$57.9 million amid higher revenue
The board declares an interim dividend of HK$0.05 per ordinary share, unchanged from H1 2024 Hotel group Shangri-La Asia posted a net…
Business
Deutsche Bank fined US$3 million by Hong Kong securities regulator
Deutsche Bank has been fined US$3.05 million over various breaches between 2015 and 2023, Hong Kong’s securities regulator said on…
Business
Didi posts Q2 loss of US$350 million on lawsuit provision
Revenue rose 10.9%, partly fuelled by growth in overseas business. Chinese ride-hailing giant Didi Global reported on Thursday (Aug 28) a…
Business
Geo Energy to acquire 51% stake in two Indonesian shipping companies for US$127.5 million
Indonesian coal producer Geo Energy is proposing to acquire 51 per cent stakes in two Indonesian shipping companies for a US$127.5 million…
Business
Australia’s Lynas posts over 90% fall in annual profit; to raise A$750 million
— RALIA’S Lynas Rare Earths warned of considerable uncertainty over the future of its heavy rare-earths processing plant in Texas and also…
Celebrity
Movie Producer David Brown Indicted in $12 Million Fraud Involving Fake Covid Tests and a Patty Hearst Film
Movie producer David Brown was arrested Wednesday on charges that he defrauded business partners out of $12 million by creating fake…
Business
Tan Chong reverses from loss to HK$11.7 million profit in H1
Automotive group Tan Chong International posted a net profit of HK$11.7 million (S$1.9 million) for the first half ended Jun 30, reversing…
Business
Australia’s Nine Entertainment Posts $1.75 Billion Revenue, $86 Million Profit
Australian media giant Nine Entertainment Co. Holdings Limited posted revenue of AUD2.7 billion ($1.75 billion) and a net profit after tax…
Business
Temasek’s SeaTown closes third private credit fund after raising more than US$612 million
SeaTown Holdings, an investment manager indirectly owned by Temasek, said on Wednesday (Aug 27) it has closed its third private credit…
News
After Trump's DOGE action, 300 million people's Social Security data is at risk, whistleblower says
More than 300 million Americans' Social Security data was put at risk after Department of Government Efficiency officials uploaded…
Business
Wing Tai narrows H2 net loss to S$71.1 million
Property developer Wing Tai narrowed its net loss in the second half of its 2025 fiscal year ended Jun 30 to S$71.1 million, down from…
Business
Mercedes-Benz offloads Nissan stake for US$325 million
The pension trust of German automaker Mercedes-Benz has sold its entire stake in Japan’s Nissan Motor for US$324.65 million, a source with…
Business
Keppel to start arbitration against Seatrium for S$68.4 million related to Brazil’s corruption probe
Seatrium says it is seeking legal advice and will defend the claim ‘vigorously’ Asset manager Keppel is starting arbitration proceedings…
Business
Keppel to start arbitration against Seatrium for S$68.4 million related to Brazil corruption probe
Seatrium says it is seeking legal advice and will defend the claim ‘vigorously’ Asset manager Keppel is starting arbitration proceedings…
Business
HSBC fined HK$4.2 million by Hong Kong regulators over disclosure failure
has been fined HK$4.2 million (S$692,427) by Hong Kong regulators over disclosure failures, the regulators said on Tuesday (Aug 26). The…
Business
A*Star biotech spin-off Mirxes trims losses to US$28.4 million as top line grows
Higher revenue is driven by increased contributions from its early detection and precision multi-omics segment Local biotech startup…
Business
Biotech Beauty Company Debut Raises $20 Million
Biotech beauty company Debut has secured $20 million in investment to enhance its AI-driven ingredient discovery platform and expand its…
Business
Heir to Malaysian fortune seeks US$200 million for private markets
Iris Capital Partners, an investment firm backed by the heir to a Malaysian fortune, is seeking to raise US$200 million from institutional…
Business
Frasers Property unit to buy rest of Yishun 10 mall from Frasers Centrepoint Trust for S$34.5 million
Frasers Property is proposing to buy the remaining properties at Yishun 10 mall it does not yet own from Frasers Centrepoint Trust (FCT).…
Business
Frasers Property unit to buy rest of Yishun 10 complex from Frasers Centrepoint Trust for S$34.5 million
Frasers Property is proposing to buy the remaining properties at Yishun 10 complex that it does not as yet own from Frasers Centrepoint…
News
Harjinder Singh: Petition Supporting Illegal Immigrant Truck Driver Who Killed Three in Florida Crash Receives 2.2 Million Signatures
Over two million people have signed a petition urging leniency for an Indian illegal immigrant truck driver charged with killing three…
Culture
Box Office: ‘Weapons’ Crossing $200 Million, ‘Materialists’ Hits $85 Million Globally
“Weapons” is imminently crossing the $200 million mark at the global box office with ticket sales for the R-rated horror film at $199.4…
Culture
Box Office: Netflix’s ‘Kpop Demon Hunters’ Leads With Estimated $18 Million Debut, ‘Weapons’ Stays Strong With $15.6 Million
In a box office twist, a film from the theatrical-averse Netflix appears to be No. 1 on North American charts. “Kpop Demon Hunters,” a…