Business
DHLT posts 5.5% drop in distributable income to S$25.5 million for 9M FY2024
THE manager of Daiwa House Logistics Trust (DHLT) has recorded distributable income of S$25.5 million for the first nine months of FY2024,…
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Business
Sats Q2 profit trebles to S$69.7 million, declares S$0.015 dividend per share
The group also reports a half-year profit of S$134.7 million, reversing from the red IN-FLIGHT caterer Sats on Thursday (Nov 7) announced…
Business
Far East Orchard 9M profit more than doubles to S$16.9 million on strong H1 performance
PROPERTY investment company Far East Orchard on Thursday (Nov 7) reported a net profit of S$16.9 million for the nine months ended Sep 30,…
Business
Paragon Reit Q3 revenue up 3% at S$223 million
PARAGON real estate investment trust (Reit) grew its revenue 3 per cent year on year (yoy) to S$223 million in the third quarter ended Sep…
Business
Genting Singapore Q3 profit dives 63% to S$79.4 million
INTEGRATED resort operator Genting Singapore on Thursday (Nov 7) posted net profit after tax of S$79.4 million for the third quarter ended…
Business
Acrophyte Hospitality Trust’s 9-month net property income down 4% to US$33.8 million
ACROPHYTE Hospitality Trust’s net property income (NPI) for the first nine months of FY2024 fell 4 per cent year on year to US$33.8…
News
Editorial: Americans voted for Trump. Here's what they chose — and the hope for all those who didn't
Much will be studied, analyzed and written for years to come about why Americans voted an openly authoritarian leader back into power in…
Business
SingPost’s H1 profit rises 97.3% to S$22.6 million; declares S$0.0034 per share interim dividend
SINGPOST’S net profit for the first half ended September nearly doubled to S$22.6 million on higher revenue. This represented a 97.3 per…
Business
SingPost’s H1 profit rises 97.3% to S$22.6 million; declares higher interim dividend of S$0.0034 per share
SINGAPORE Post’s (SingPost) net profit for the first half ended September nearly doubled to S$22.6 million on higher revenue. This…
Business
Great Eastern posts 52% higher Q3 profit of S$273.4 million
This is driven by contributions from its insurance business and favourable investment performance from shareholders’ funds GREAT Eastern…
News
Trump or Harris? Voters near a final decision in historic presidential election
It is election day, at last. Millions of Americans will cast their ballots Tuesday for Vice President Kamala Harris or former President…
Business
SIA Engineering Q2 profit up 10.2% to S$35.6 million; declares S$0.02 dividend per share
AIRCRAFT maintenance provider SIA Engineering (SIAEC) on Tuesday (Nov 5) reported a net profit of S$35.6 million for the quarter ended Sep…
Business
Foxconn subsidiary seeks US$80 million Vietnam investment for integrated circuits
TAIWANESE giant Foxconn’s subsidiary Shunsin is seeking a permit to invest US$80 million in northern Vietnam to produce integrated…
Business
Boeing bankers grab up to US$300 million in capital raise fees
BOEING’s US$20 billion-plus capital raise delivered four banks a hefty payday just as equity market issuance began to cool ahead of the US…
Business
Tesla sells US$499 million of debt backed by solar equipment loans
TESLA sold US$499 million of bonds backed by loans offered to customers buying solar equipment. Deutsche Bank began marketing the…
Culture
Red Sox Linked To $129 Million Star In Franchise-Altering Blockbuster Trade
By Nate Hagerty Contributing Sports Writer Share ✓ Link copied to clipboard! The Boston Red Sox haven't made the playoffs since 2021 and…
Business
Temasek, Republic-backed blockchain fund eyes raising US$100 million
Superscrypt, a blockchain venture capital company backed by Temasek Holdings, plans to raise up to US$100 million for its second…
Business
Online fraudster on the loose after bilking investors out of millions with fake inventions, websites
Online, the deeds and ingenuity of Dennis Fountaine had no bounds. One website listed the 67-year-old as a “technologist and…