Business
Goldman’s US$500 million Texas expansion takes shape in Dallas
Goldman Sachs’ US$500 million bet on Texas is poised to put a stamp on the Dallas skyline. The storied investment bank’s new office…
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Business
Raffles Education receives letter of demand for 33.7 million yuan from Chinese company
The group believes that the claim, which relates to a 2021 equity transfer, is ‘without merit’ Raffles Education has received a letter of…
Business
Creative narrows H2 loss to US$4.4 million, but US tariff threat weighs on revenue
Creative Technology posted a US$4.4 million net loss for the six months ended June, narrowed from the year-ago US$6.8 million loss, as…
News
Trump Admin to Rescreen All 55 Million Visas of Legal US Immigrants in Dramatic Bid to Escalate Deportation
The Trump administration will begin reviewing all 55 million U.S. visa holders to determine whether any have committed offenses that could…
Business
Aspial Corp jumps 13% after Koh family moves to sell 15 shops for S$71.8 million
Tenants in the East Village units include Liho, Katong Mei Wei Chicken Rice and Hong Kong Street Family Restaurant Shares of retail…
Business
BOC Aviation net profit drops 26% to US$342 million; interim dividend at US$0.1476 per share
Asian aircraft leasing giant BOC Aviation posted a 26 per cent drop in net profit for the first half of 2025, though the number was…
Business
SingPost Q1 operating profit tumbles 60% to S$3.4 million amid increased market pressure
Singapore Post’s (SingPost) group operating profit for the first quarter ended Jun 30 came in at S$3.4 million, a 60 per cent year-on-year…
Business
SingPost Q1 operating profit tumbles 60% to S$3.4 million amid falling revenue, margin squeeze
Singapore Post’s (SingPost) group operating profit for the first quarter ended Jun 30 came in at S$3.4 million, a 60 per cent year-on-year…
News
Trump administration reviews visas of 55 million people for potential deportable violations
The State Department said Thursday that it's reviewing the records of more than 55 million foreigners who hold valid U.S. visas for…
News
Illegal immigration hit a record-high of 14 million in the US in 2023, Pew report finds
The number of people in the United States illegally surged to an all-time high of 14 million in 2023, a research group said Thursday, a…
Business
Thomson Medical secures S$225 million Islamic revolving credit facility
Thomson Medical Group has obtained a S$225 million Islamic revolving credit facility from Maybank in Singapore, the company said on…
Business
Children of Wing Tai chairman granted options to buy four River Green units for S$7.9 million
Neither of the two children were given discounts; sale reviewed by the board and audit and risk committee Wing Tai Holdings has granted…
Business
Sats grows Q1 profit 9.1% to S$70.9 million with higher cargo, food service volumes
AIRLINE caterer Sats grew its Q1 earnings 9.1 per cent to S$70.9 million for the first quarter ended June, boosted by growth in aviation…
Business
Estée Lauder’s Sales Decline in Fourth Quarter, Tariffs to Impact Profitability by $100 Million Next Year
The Estée Lauder Cos. saw net sales slide 12 percent in its fourth quarter and the company expects tariff-related headwinds to impact…
Culture
‘Wednesday’ Season 2 Gains 29.1 Million Views in Second Week on Netflix
“Wednesday” was once again the most-watched title on Netflix during the week of Aug. 11-17, hitting 29.1 million views in its second week…
Business
Lululemon founder Chip Wilson pledges stock for US$500 million in loans
Lululemon Athletica founder Chip Wilson pledged shares in return for cash for the third time in just over a year, freeing the billionaire…
Business
iFast plunges over 11% after Temasek-linked shareholder offloads S$131 million worth of shares
Shares of iFast plunged minutes after the market opened on Tuesday (Aug 19), as major shareholder CP Invest – a subsidiary of…
Business
iFast plunges 8.5% after Temasek-linked shareholder offloads S$131 million worth of shares
Shares of iFast plunged on Tuesday (Aug 19), as substantial shareholder CP Invest – a subsidiary of Temasek-owned Cuscaden Peak…
Business
China Medical System H1 profit rises 3.4% to 941.2 million yuan; to pay interim dividend of S$0.028
China Medical System (CMS) posted a rise in first-half profit and interim dividend on Monday (Aug 18), its first set of results after its…
News
Newsmax agrees to pay $67 million in defamation case over false 2020 election claims
The conservative network Newsmax will pay $67 million to settle a lawsuit accusing it of defaming a voting equipment company by spreading…
Business
Meta spent $27 million protecting Mark Zuckerberg last year, more than any other CEO
The targeted murder of United Healthcare CEO Brian Thompson last December put the business world on alert. Companies beyond the insurance…
Business
Google fined $36 million for anticompetitive deals with Australia’s largest telcos
Google has agreed to pay a 55 million Australian dollar ($36 million) fine for signing anticompetitive deals with Australia’s two largest…
Business
Qantas fined another $59 million for illegally firing workers during the pandemic
A judge on Monday fined Qantas Airways 90 million Australian dollars ($59 million) for illegally firing more than 1,800 ground staff at…
Business
Clearbridge Health raises S$1.98 million in placement backed by Azure Capital
Clearbridge Health has raised S$1.98 million in a placement backed by Singapore fund manager Azure Capital, among other investors, amid…