Business
StarHub H2 net profit up 7.5% at S$78.4 million
STARHUB on Friday (Feb 21) posted a net profit of S$78.4 million for the second half of its financial year ended December, up 7.5 per cent…
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Business
Seatrium achieves first full-year profit with S$120.9 million H2 earnings
On its return to profitability, the company proposes a final dividend of S$0.015 a share SEATRIUM swung into the black with a net profit…
Business
Sing Investments & Finance H2 net profit up 21% at S$20.3 million
SING Investments & Finance (SingFinance) posted a 21 per cent increase in net profit to S$20.3 million for the half year ended Dec 31,…
Business
Genting Singapore posts 34% fall in H2 net profit to S$222 million
GENTING Singapore posted a 34 per cent fall in net profit to S$222 million for the half year ended Dec 31, 2024, from S$334.9 million in…
Business
Manulife US Reit to sell Plaza office building for US$40 million as H2 distributable income falls 57.6%
THE manager of Manulife US Real Estate Investment Trust (Reit) reported on Thursday (Feb 20) that its distributable income fell 57.6 per…
Business
SingPost Q3 operating profit down 23.8% at S$21.1 million
SINGAPORE Post’s (SingPost) group operating profit for the third quarter ended December was S$21.1 million, down 23.8 per cent on the year…
Business
Telstra’s profit jumps, announces A$750 million share buyback
TOP Australian telecom firm Telstra met consensus expectations for its first-half profit on the back of its mobile business and announced…
Business
Nasdaq-listed Grab’s Q4 profit falls to US$27 million, but beats analyst estimates
NASDAQ-LISTED Grab on Thursday (Feb 20) posted a net profit of US$27 million for the fourth quarter ended December, down from US$35…
Business
Kontoor Brands to Acquire Helly Hansen for $900 Million
Helly Hansen has a new home. Kontoor Brands, Inc., said Wednesday that it has acquired the outdoor and workwear brand for $900 million in…
Business
Novo seeks US$830 million from Singapore firm, accusing it of fraud over drug
Novo Nordisk is seeking as much as US$830 million in damages in a Singapore court, saying it was misled by a local biotech about the…
Business
All assets of biotech founder in Novo Nordisk suit frozen, including US$218 million in DBS account
The Danish drugmaker alleges misrepresentations by KBP Biosciences founder Huang Zhenhua about the success of its kidney drug PHARMA giant…
Business
Caleres to Acquire Tapestry’s Stuart Weitzman Brand for $105 Million
Caleres, which operates a diverse portfolio of popular footwear brands, has signed a definitive agreement to acquire Stuart Weitzmanfrom…
Business
CSE Global records S$235.3 million in new Q4 orders
SYSTEMS integrator CSE Global has secured S$235.3 million worth of new orders for the fourth quarter ended Dec 31, 2024. In a bourse…
Culture
Venkatesh’s ‘Sankranthiki Vasthunam’ Powers Indian Box Office to $116 Million in January
FESTIVAL FORTUNES India’s 2025 box office kicked off in high gear, powered by a Sankranthi holiday-fueled Telugu-language onslaught that…
Business
Singapore’s Foundation Healthcare eyes over US$100 million fundraising: sources
SINGAPORE’S Foundation Healthcare Holdings is looking to conduct a funding round that could raise more than US$100 million and value the…
Business
HP to acquire parts of Humane, Ai Pin startup from ex-Apple managers, for US$116 million
HP WILL acquire assets from Humane, the maker of a wearable Ai Pin introduced in late 2023, for US$116 million. The deal will include the…
Culture
‘Conclave’ Hits $100 Million Milestone at Global Box Office
“Conclave” will cross the $100 million mark at the worldwide box office this week, a major milestone for a film aimed squarely at adult…
Business
Parkson Retail Asia reports S$5.8 million in Q4 profit
Earnings per share for its continuing operations stands at S$0.0086, down from S$0.0116 previously DEPARTMENT store operator Parkson…
Business
TPG proposes to privatise Econ Healthcare in S$88 million deal
US private equity firm TPG, through its special purpose vehicle, is looking to take Catalist-listed nursing operator Econ Healthcare…
Business
Golfer Ludvig Aberg Wins $4 Million Genesis Invitational Prize Wearing Rolex Watch and Adidas, Girlfriend Olivia Peet and Tiger Woods Celebrate
Ludvig Åberg won the top prize at The Genesis Invitational on Sunday. He won the four-day tournament by one shot, taking home a $4 million…
Business
Sri Trang Agro-Industry swings back to black with Q4 profit of 854.3 million baht
RUBBER group Sri Trang Agro-Industry swung to a net profit of 854.3 million baht (S$34 million) for its fourth quarter ended December,…
Business
‘SNL50’ Ratings: Anniversary Special Hits 14.8 Million Viewers on NBC, More Than 200% Above Season Average
NBC’s 50th anniversary special for “Saturday Night Live” hit a very strong 14.8 million viewers on average across NBC and Peacock on…
Business
Sri Trang Gloves back in the black with 556.7 million baht in Q4 net profit
GLOVE maker Sri Trang Gloves (Thailand) posted a net profit of 556.7 million baht (S$22.1 million) in the fourth quarter ended Dec 31,…
Business
Keppel DC Reit divests German data centre for 50 million euros
KEPPEL DC Reit is divesting Kelsterbach Data Centre in Frankfurt, Germany, for 50 million euros (S$70.6 million). On Monday (Feb 17), the…