Business
Top Glove Q3 profit slides 31% to RM34.7 million despite higher revenue
Malaysian glove maker Top Glove on Thursday (Jun 26) posted a net profit of RM34.7 million (S$10.5 million) for its third quarter ended…
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Business
Civmec to acquire ship manufacturer Luerssen Australia for A$20 million
The aim of the deal is to solidify Australia’s sovereign shipbuilding capability Australian construction engineering company Civmec will…
Business
Civmec set to acquire ship manufacturer Luerssen Australia for A$20 million
Construction and engineering services provider Civmec will purchase Luerssen Australia from Naval Vessels Lurssen (NVL) Australia for A$20…
Business
CapitaLand India Trust prices S$100 million perpetual securities at 4.4%
The issuance is part of Clint’s S$1.5 billion multicurrency debt issuance programme CapitaLand India Trust (Clint) has priced S$100…
Business
Singapore Airlines CEO’s latest annual pay drops 14% to S$7 million despite record performance
Singapore Airlines (SIA) paid its chief executive Goh Choon Phong S$7 million in remuneration for the latest financial year ended March…
Business
Australia’s Star casino shareholders approve A$300 million rescue package
Star Entertainment Group’s shareholders approved on Wednesday (Jun 25) an A$300 million (S$250 million) rescue package that will allow the…
Business
ST Engineering divests entire equity interest in US-based construction manufacturer LeeBoy for US$290 million
Singapore Technologies Engineering (ST Engineering) on Tuesday (Jun 24) announced that it will be selling its entire equity interest in ST…
Business
ST Engineering divests entire equity interest in US-based construction player LeeBoy for US$290 million
Singapore Technologies Engineering (ST Engineering) on Tuesday (Jun 24) announced that it will be selling its entire equity interest in ST…
Business
Sembcorp unit prices S$300 million fixed rate notes at 3.55%
The offering is close to seven times oversubscribed against the target issuance size Sembcorp Industries announced on Wednesday (Jun 25)…
Celebrity
Arnold Schwarzenegger Says ‘Twins’ Earned Him More Than $40 Million After Back End Deal: More Money ‘Than Any Movie I Ever Made’
Arnold Schwarzenegger shocked Andy Cohen during an interview on “Watch What Happens Live” when he revealed that 1988’s “Twins” was…
Business
Frasers Centrepoint Trust prices S$200 million perpetual securities at 3.98%
Frasers Centrepoint Trust’s (FCT) trustee HSBC Institutional Trust Services has priced S$200 million subordinated perpetual securities at…
Business
Indonesia’s sovereign wealth funds Danantara loans US$405 million to flag carrier Garuda
Garuda will receive about US$111 million of the funding, with the remainder going to Citilink for maintenance of about 15 grounded jets…
Business
Indonesia’s sovereign wealth fund Danantara loans US$405 million to flag carrier Garuda
Garuda will receive about US$111 million of the funding, with the remainder going to Citilink for maintenance of about 15 grounded jets…
Business
Toyota crashes Indonesia’s used-car party with US$120 million bet
It’s an alliance everyone saw coming. After decades of dominating Indonesia’s automotive industry, Toyota and Astra are joining forces for…
Business
Jensen Huang starts selling Nvidia stock under US$865 million plan
IA Corp chief executive officer Jensen Huang has started selling the chipmaker’s stock, his first transactions under a plan that allows…
Business
Stoneweg European Business Trust invests 50 million euros in fund with early-stage data centre sites
The manager of Stoneweg European Business Trust (Sert) announced on Tuesday (Jun 24) that the stapled trust has made a 50 million euros…
Culture
Texas Boosts Film Incentive to $150 Million a Year in Bid to Lure Production From Regional Rivals
Texas is beefing up its incentive for film production, as the state seeks to compete with regional rivals like New Mexico and Georgia.…
Business
Wing Tai Properties sells entire equity interest in Topworth Enterprises for £43 million
The group will record a gain of approximately HK$31 million (S$5.1 million) from the disposal Wing Tai Properties announced on Monday (Jun…
Culture
Global Box Office: Pixar’s ‘Elio’ Craters With $35 Million, ‘28 Years Later’ Awakens to $60 Million
Disney and Pixar‘s animated adventure “Elio” crash-landed in its box office debut, earning a dismal $14 million overseas and $35 million…
Culture
Box Office: ‘28 Years Later’ Scares Up $30 Million Start, ‘Elio’ Lands Worst Debut in Pixar History With $21 Million
A spunky, alien-obsessed preteen and undead army were no match at the box office against a loyal, fiery dragon. Universal’s “How to Train…
News
Israeli-backed group seeks at least $30 million from U.S. for Gaza aid distribution
An American-led group has asked the Trump administration to step in with an initial $30 million so it can continue its much scrutinized…
Culture
Walmart to pay US$10 million to settle US FTC lawsuit over money transfer fraud
Walmart has agreed to pay US$10 million to settle a US Federal Trade Commission (FTC) civil lawsuit accusing the world’s largest retailer…
News
Trump administration funds $10 million study on health effects of East Palestine train derailment
The Trump administration has launched a study of the long-term health consequences for residents of East Palestine, Ohio, from a train…
Culture
Fat Joe Sued for $20 Million by Former Hypeman in Explosive Suit: Alleges Rapper Engaged in Sex Acts With Minors and Coerced Him Into ‘More Than 4,000 Sexual Acts to Maintain His Standing’
Fat Joe’s former hypeman Terrance “T.A.” Dixon has filed an explosive lawsuit in federal court against the rapper on Thursday. Dixon is…