Business
Venture Corp Q2 profit edges up to S$57.1 million; H1 earnings remain lower
Technology solutions provider Venture Corp posted a 2.3 per increase in net profit to S$57.1 million for its second quarter ended June…
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Business
CapitaLand Integrated Commercial Trust raising S$600 million in private placement
CapitaLand Integrated Commercial Trust (CICT) on Wednesday (Aug 6) announced the launch of nearly 284.4 million new units to raise gross…
Business
Mapletree Pan Asia Commercial Trust prices S$200 million of green notes at 2.45%
Proceeds will be used to finance or refinance eligible projects of MPACT and its subsidiaries, says Reit manager Mapletree Pan Asia…
Business
F&N’s 9-month profit dips 3.9% to S$118.2 million, despite 10% revenue growth
Beverage maker Fraser and Neave (F&N) posted a net profit of S$118.2 million for the nine months ended Jun 30, a 3.9 per cent decrease…
Business
Australia to provide A$135 million bailout for Trafigura lead, zinc smelters
The Australian government said on Tuesday it will provide A$135 million (S$112.5 million) in financial support for two smelters owned by…
Business
CICT to buy rest of CapitaSpring for S$1 billion; plans S$500 million placement between S$2.105 and S$2.142 a unit
CapitaLand Integrated Commercial Trust (CICT) on Tuesday (Aug 5) announced a proposed launch of more than 237.5 million new units to raise…
News
Report finds federal candidates spent $41 million on security in past decade, Trump top spender
Candidates running for federal office have collectively spent more than $41 million in campaign funds on security in the past decade as…
Business
Lendlease Global Commercial Reit to divest office component of Jem to Keppel for S$462 million
Lendlease Global Commercial Reitwill be divesting the office component of the Juong commercial-retail development Jem to Keppel for S$462…
Business
Tesla approves 96 million share award to CEO Elon Musk
Tesla disclosed in a filing on Monday (Aug 4) it has awarded CEO Elon Musk 96 million shares of the company, worth about US$29 billion.…
Business
UBS pays US$300 million to settle Credit Suisse mortgage case
Group said it reached an agreement with the US Department of Justice to resolve a legacy Credit Suisse matter related to the former bank’s…
Business
mm2 Asia faces S$17.6 million in claims but says it can continue as a going concern
Eight counterparties have issued letters of demand against the company and Cathay Cineplexes In a bourse filing on Monday (Aug 4), Cathay…
Business
United Hampshire US Reit acquires freehold Pennsylvania shopping center for US$16.4 million
The purchase marks the Reit’s third acquisition in Pennsylvania, the manager says United Hampshire US Reit has acquired freehold shopping…
Business
United Hampshire US Reit acquires freehold Pennsylvania shopping centre for US$16.4 million
United Hampshire US Reit has acquired a freehold grocery-anchored shopping centre in Pennsylvania for a purchase consideration of US$16.4…
Culture
Box Office: ‘Fantastic Four’ Craters By 66% in Second Weekend, ‘Naked Gun’ Debuts to $17 Million
Marvel’s First Family might not save the day after all. “The Fantastic Four: First Steps” is quickly losing steam in its second weekend,…
News
Tesla Ordered to Pay $200 Million Over Fatal Florida Crash Linked to Autopilot
Tesla has been ordered by a Miami federal jury to pay over $200 million in damages for a 2019 crash that killed 22-year-old Naibel…
Business
iFast books S$50.3 million net institutional inflow in five sessions
Over the five trading sessions from Jul 25 to 31, institutions were net sellers of Singapore stocks. The net institutional outflow of…
Culture
Box Office: ‘Fantastic Four’ Braces For Big Second Weekend Drop; ‘The Naked Gun’ Locks Up $6.3 Million on Opening Day
“The Fantastic Four: First Steps” is hanging on to No. 1 in its sophomore outing at the box office, despite a disappointing weekend two…
Business
Tesla ordered by Florida jury to pay US$243 million in fatal Autopilot crash
A Florida jury on Friday (Aug 1) found Tesla liable to pay US$243 million to victims of a 2019 fatal crash of an Autopilot-equipped Model…
Business
Trump’s Truth Social Parent Company Posts $20 Million Loss on $883,300 in Net Sales for Q2, Ends Quarter With $3.1 Billion in Assets
Trump Media & Technology Group, the parent company of Truth Social that is majority-owned by President Donald Trump, posted earnings…
Business
Dezign Format eyes gross proceeds of over S$6.5 million in Catalist IPO to build on its growth
Growing up, Chong Nen Sing dreamt of using his skills in design and craft to start a business where he could work with his younger…
News
Giorgio Armani Pushes Back at Italian Competition Authority’s 3.5 Million Euro Sanction
MILAN – The Giorgio Armani company is pushing back on the decision of the AGCM, the Italian Competition Authority, to fine the luxury…
Business
Lian Huat Building in Tras Street fetches S$90 million, among latest sub-S$100 million Singapore deals
Sub-S$100 million commercial properties continue to be in demand by property investors. Lian Huat Building, an 11-storey freehold…
Business
Del Monte Pacific hit by nearly US$800 million in losses from US unit collapse
Del Monte Pacific, which is dual-listed on the Singapore Exchange and Philippine Stock Exchange, on Thursday (Jul 31) unveiled a net loss…
Business
Jardine Matheson reports 45 per cent growth in H1 underlying profit to US$798 million
Jardine Matheson Holdings (JMH) reported a 45 per cent growth in underlying profit for the first half of the 2025 financial year to US$798…