Business
Jardine Matheson reports 45% 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…
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Business
Netlink NBN Trust reports a 9.2% fall in Q1 FY2025 earnings to S$23.3 million, on lower Ebitda and expanded asset base
But its revenue was up 1.9% year on year to S$102.8 million; Ebitda took a dip of 1.9% to S$70 million The manager of Netlink NBN Trust on…
Business
NetLink Trust reports 9.2% fall in Q1 FY2026 earnings to S$23.3 million on lower Ebitda, expanded asset base
But its revenue was up 1.9% year on year at S$102.8 million; Ebitda took a dip of 1.9% to S$70 million The manager of NetLink NBN Trust on…
Business
CapitaLand Ascott Trust to sell Citadines Central Shinjuku Tokyo for S$222.7 million by Q4 2025
CapitaLand Ascott Trust (Clas) is proposing to divest Citadines Central Shinjuku Tokyo for 25 billion yen (S$222.7 million), with the…
Business
Singapore’s Perennial setting up 500 million yuan general hospital in Shanghai
Singapore-based real estate and healthcare company Perennial Holdings announced on Thursday (Jul 31) that it has entered into a…
Culture
Korean Dramas Drive Southeast Asia Streaming Boom as Netflix Holds Lead With 12.8 Million Subscribers, Report Finds
Southeast Asia’s premium video-on-demand landscape is heating up, with the region adding more than 1.5 million net new subscribers in Q2…
Business
‘Yellowstone’ Producer David Glasser Is Sued Over $1 Million Loan, Then Pays It Off
David Glasser, a veteran producer once known as the “third Weinstein brother,” has had a vibrant post-Weinstein career, with his 101…
Business
Grab reports Q2 2025 earnings of US$35 million on higher revenue and margins
Superapp Grab reported Q2 2025 earnings of US$35 million, reversing from a loss of US$53 million in the same year-ago period. This was…
News
Brown agrees to pay $50 million, wins back federal contracts in deal with Trump administration
By entering into the agreement, Brown ensured that the administration "will end the large-scale freeze that ultimately had implications…
Business
Keppel H1 profit rises 24.2% to S$377.7 million; seeks to monetise S$14.4 billion non-core assets
Asset manager Keppel saw net profit rise 24.2 per cent on the year to S$377.7 million for the first half ended Jun 30, driven by growth in…
Business
Keppel posts 24.2% rise in H1 profit to S$377.7 million, seeks to monetise S$14.4 billion non-core assets
Asset manager Keppel saw net profit rise 24.2 per cent on the year to S$377.7 million for the first half ended Jun 30, driven by growth in…
Business
Seatrium H1 profit quadruples to S$144.4 million on strong order book, margin growth
Seatrium’s net profit for the six months ended Jun 30 grew 301.3 per cent to S$144.4 million, from S$36 million during the same period…
Business
Jardine C&C reports 23% fall in H1 earnings to US$371 million on unrealised fair value losses
Jardine Cycle & Carriage (JC&C) on Wednesday (Jul 30) reported a 23 per cent decline in earnings to S$371.1 million for the first half of…
Business
Mapletree Logistics Trust to divest South Korean property for S$7.4 million
The proposed divestment is in line with its manager’s drive to rejuvenate its portfolio by letting go of assets no longer aligned with its…
Business
CapitaLand India Trust posts higher H1 DPU as NPI rises 10% to S$113.6 million
Capitaland India Trust (Clint) on Wednesday (Jul 30) posted a higher net property income (NPI) of S$113.6 million for the six months ended…
Business
Sheng Siong H1 net profit rises 3.5% to S$72.3 million on improved sales mix
Supermarket operator Sheng Siong reported a 3.5 per cent increase in H1 2025 net profit to S$72.3 million, from S$69.9 million in H1 2024…
Business
Kraken seeks US$500 million funding at US$15 billion valuation, The Information reports
TOCURRENCY exchange Kraken is set to raise US$500 million in funding at a US$15 billion valuation, The Information reported on Tuesday,…
News
Seatrium to pay over S$240 million to Brazilian, Singapore authorities over corruption offences
Seatrium is putting a long-running corruption case behind it with the payment of financial penalties of more than S$240 million to the…
Culture
Adam Sandler’s ‘Happy Gilmore 2’ Debuts to 46.7 Million Views, Biggest Netflix U.S. Film Opening Ever
Happy Gilmore is back on top. Adam Sandler’s long-gestating sequel “Happy Gilmore 2” teed off with big viewership numbers, ranking at No.…
Business
Samudera Shipping H1 profit doubles to US$41.8 million
Samudera Shipping reported a 100.4 per cent increase in net profit to US$41.8 million for its first half ended Jun 30, from US$20.9…
Business
Starhill Global Reit H2 NPI flat at S$74.5 million
The manager of (real estate investment trust) posted a net property income (NPI) of S$74.5 million for the second half ended Jun 30, 2025,…
Business
UOI H1 profit falls 39.1% to S$8.6 million, declares lower dividend of S$0.07 per share
United Overseas Insurance (UOI), the general insurance arm of UOB, posted a 39.1 per cent decline in its net profit for the first half of…
Business
Holland Link site draws 5 bids; top bid from Sim Lian at S$368.37 million or S$1,432 psf ppr
THE maiden tender for a government land sales (GLS) site in the new Holland Plain precinct has fetched five bids. A tie-up between Sim…
Business
Keppel Pacific Oak US Reit H1 distributable income falls 16.2% to US$19.9 million
The decline is mainly due to lower cash net property income and higher other trust expenses Keppel Pacific Oak US Reit (Kore) posted a…