Business
Businesses tackling Asia’s ageing crisis awarded S$3 million at DBS Foundation’s Impact Beyond Awards
Smart emergency-response devices available round the clock and using artificial intelligence (AI) to help clients match with caregivers…
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Business
IHH Healthcare Q1 profit falls 33% to RM514 million on exceptional items
Integrated healthcare operator IHH Healthcare on Thursday (May 29) posted a 33 per cent fall in net profit to RM514 million (S$156.3…
Business
CapitaLand Ascendas Reit raises S$500 million from private placement of 202 million shares at S$2.47 each
Proceeds will help fund S$700 million purchase of Tai Seng data centre, Science Park building CapitaLand Ascendas Real Estate Investment…
Business
The trade war will cost 7 million jobs in 2025, according to a UN report. Here’s the breakdown
The International Labor Organization (ILO), an agency of the United Nations, has downgraded its global employment forecast for 2025,…
Business
Why is GME stock down today? GameStop is betting $500 million on bitcoin, but investors aren’t buying it
GameStop is taking its promised bitcoin investment seriously—$500-million-worth-of-bitcoin serious, in fact. The video game retailer…
Business
mm2 Asia to sell 21.02% of its stake in subsidiary Vividthree to PE fund for S$1.7 million
Mainboard-listed media company mm2 Asia on Wednesday (May 28) entered into a sale and purchase agreement with private equity fund Hildrics…
Business
Exxon enters talks to sell French business for 400 million euros
ExxonMobil entered exclusive talks to sell its entire 82.89 per cent stake in French unit Esso SAF, including a key refinery, to North…
Business
UK's Thames Water fined £122.7 million over sewage and dividend breaches
Britain’s Thames Water, on the brink of financial collapse, will have to pay a record £122.7 million (S$213.3 million) fine for breaching…
Business
SunMoon sinks to S$1.5 million loss in FY2025 despite higher revenue
Fruit distributor SunMoon Food Company has sunk into the red with a net loss of S$1.5 million for the full year ended March, compared with…
Business
CapitaLand Ascendas Reit to buy Tai Seng data centre, Science Park building for S$700.2 million
CapitaLand Ascendas Real Estate Investment Trust (Clar) has entered conditional agreements to acquire two prime properties to expand its…
Business
Valuetronics posts 3.1% higher H2 profit of HK$79.9 million
Electronics manufacturing services provider Valuetronics on Wednesday (May 28) posted net profit of HK$79.9 million (S$13.1 million), up…
Business
GM to invest US$888 million for engine production at New York facility
General Motors is investing US$888 million at a New York propulsion plant to increase engine production and build a next-generation V8,…
Business
Toyota sends first half of US$500 million pledge to air taxi maker
Joby says recently it now aims to start commercial services in Dubai by early 2026 after having previously targeted the end of this year…
News
11 million? 20 million? 50 million? Estimates of the illegal immigrant population soar
As Homeland Security Secretary Kristi Noem has been making the rounds on Capitol Hill this month, she's tossed out some startling…
Business
Trump Corruption Hits Next Level With Pardon Tied to $1 Million Dinner
“We’ve lost some sales perhaps on the left, but we’ve gained them on the right. The sales numbers at this point are strong and we see no…
Business
Peirce Hill bungalow owned by wife of 3AC’s Kyle Davies sells for S$37 million
A bungalow in Peirce Hill owned by the wife of failed Three Arrows Capital (3AC) co-founder Kyle Davies is in the early stage of being…
Business
Denso in talks to buy Temasek-backed seed maker for US$500 million
Denso is in final talks to buy a Temasek-backed seed supplier for around US$500 million, as the Japanese vehicle parts supplier deepens…
Business
Singapore-based Quadria’s 3rd healthcare fund closes at US$1.1 billion, above US$800 million target
Quadria Capital, a Singapore-based private equity (PE) firm, announced on Tuesday (May 27) the final close of its third healthcare fund at…
Business
‘The Last of Us’ Finale Reaches 3.7 Million Viewers, Down 30% From Premiere, Though Season 2 Is Averaging Above Season 1
“The Last of Us” Season 2 came to a close Sunday night, pulling in 3.7 million viewers across all platforms. That marks a 30% drop from…
Business
Bukit Sembawang Estates H2 FY2025 earnings up 13% at S$51.4 million
Property developer Bukit Sembawang Estates reported a net profit after tax of S$51.4 million for the second half of its financial year…
Business
Bukit Sembawang H2 earnings up 13% at S$51.4 million; company proposes higher special dividend
Property developer Bukit Sembawang Estates reported net profit after tax of S$51.4 million for the second half of its financial year…
Business
Boustead’s H2 profit up 48 per cent to S$59.1 million
Engineering and technology group Boustead Singapore’s net profit for the six months ended Mar 31, 2024, increased 58 per cent to S$59.1…
Culture
Box Office: ‘Lilo & Stitch’ Ignites to $341 Million Globally, ‘Mission: Impossible 8’ Climbs to $200 Million
“Lilo & Stitch” is successfully causing box office mayhem. Disney’s latest live-action remake ignited to $341 million globally, including…
Culture
Memorial Day Box Office Record Breaker! ‘Lilo & Stitch’ Debuts to Massive $183 Million, ‘Mission: Impossible’ Scores Series-Best $77 Million
It’s a Memorial Day weekend for the box office record books. Movie theaters across the country were jamming as “Lilo & Stitch” and Tom…