Business
Why Apple Warned About a $900 Million Tariff Hit
The worst is yet to come Wall Street had been anxiously awaiting the latest quarterly results from Amazon and Apple to see how badly the…
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Business
CICT sells stake in CapitaSpring serviced residence component for S$37.8 million
The manager of CapitaLand Integrated Commercial Trust (CICT) on Friday (May 2) announced the sale of its stake in the serviced residence…
Business
CICT sells stake in CapitaSpring serviced residence component for S$126 million
The manager of CapitaLand Integrated Commercial Trust (CICT) on Friday (May 2) announced the sale of its stake in the serviced residence…
Business
Apple expects US$900 million tariff hit as shifts US iPhone supply to India
Apple on Thursday reported first-quarter profit above expectations but warned that US tariffs could cost the company and was disrupting…
Business
Apple expects US$900 million tariff hit as it shifts US iPhone supply to India
Apple on Thursday (May 1) reported first-quarter profit above expectations, but warned that US tariffs could cost the company and were…
Business
SharkNinja Recalls 1.8 Million Pressure Cookers After Burn Reports
SharkNinja is recalling more than 1.8 million pressure cookers after it received more than 100 reports of burn injuries, federal safety…
Business
FTC is sending $18.5 million in refunds to Publishers Clearing House customers over ‘deceptive’ practices: Are you getting a check?
Some good news for Publishers Clearing House (PCH) customers: The Federal Trade Commission (FTC) said Wednesday that the sweepstakes…
Business
AI Startup Morphic to Produce Anime Series ‘DQN,’ Launches $1 Million Creator Fund for Emerging Filmmakers (EXCLUSIVE)
AI tech developer and production studio Morphic is producing its first episodic anime series, “DQN,” from creator Kushagra Kushwaha, in…
Business
Elite UK Reit posts 10.2% rise in Q1 2025 distributable income to £4.8 million
The manager of Elite UK real estate investment trust (Reit), announced a 10.2 per cent year-on-year increase in distributable income to…
Business
CapitaLand Investment total revenue falls 24% to S$496 million in Q1
CapitaLand Investment (CLI) reported a total revenue of S$496 million for the first quarter ended Mar 31, down 24 per cent from S$650…
Business
CapitaLand Investment’s total revenue falls 24% to S$496 million in Q1
CapitaLand Investment (CLI) reported a total revenue of S$496 million for the first quarter ended Mar 31, down 24 per cent from S$650…
Business
Pop Mart holder sells US$101 million stake after shares hit record
The toy company is the top gainer in the MSCI China Index over the last 12 months, with its shares jumping more than 470 per cent An…
Business
Grab raises full-year adjusted Ebitda guidance after posting US$24 million profit in Q1
Grab on Wednesday (Apr 30) reported net profit of US$24 million for the first quarter ended Mar 31, 2025, reversing from a US$104 million…
Business
CDL Hospitality Trusts Q1 NPI slides 14.2% to S$30 million on lower revenue
Net property income (NPI) for CDL Hospitality Trusts (CDLHT) fell 14.2 per cent to S$30 million for the first quarter ended March 31, from…
Business
Far East Hospitality Trust Q1 net property income falls 8.3% to S$23 million
Far East Hospitality Trust’s (FEHT) net property income fell 8.3 per cent year on year to S$23 million for the first quarter ended March,…
Business
ST Engineering unit to issue US$750 million 4.25% notes due 2030
They will be issued under the company’s S$5 billion global medium-term note programme A wholly owned subsidiary of Singapore Technologies…
Business
Starhill Global Reit Q3 NPI inches up 0.5% to S$37.9 million
THE manager of Starhill Global real estate investment trust (Reit) posted a net property income (NPI) of S$37.9 million for Q3 FY2025…
Business
Sheng Siong Q1 net profit up 6.1% to S$38.5 million on stronger sales
Supermarket operator Sheng Siong recorded a 6.1 per cent increase in net profit to S$38.5 million for the first quarter ended Mar 31, from…
Business
IHH Healthcare signs S$300 million sustainability-linked loan with UOB
Integrated healthcare operator IHH Healthcare has signed its first S$300 million sustainability-linked loan with UOB, strengthening its…
Business
UOI Q1 profit before tax dips 3% to S$7.8 million on lower non-underwriting income
The fall is attributed to lower non-underwriting income, which dropped 12% to S$3.7 million United Overseas Insurance (UOI), the general…
News
U.S. Navy Loses $60 Million Jet as Pressure Increases on Hegseth
The U.S. Navy lost a $60 million fighter jet in the Red Sea Monday in another setback for Secretary Defense Pete Hegseth. The F/A-18 Super…
News
Spotify Paid $100 Million to Podcasters as Creator Wars Heat Up
Spotify has paid more than $100 million to podcast publishers and creators since January, the company told The New York Times’s DealBook.…
Business
LMIRT Q1 net property income dips 2.4% to S$29.2 million
Lippo Malls Indonesia Retail Trust (LMIRT) on Monday (Apr 28) posted a 2.4 per cent decline in net property income to S$29.2 million for…
Business
Sats’ WFS opens US$270 million cargo terminal at JFK Airport
Worldwide Flight Services (WFS) has partnered the Port Authority of New York and New Jersey and global investment manager Realterm to open…