Business
In Ukraine, civilians donate their spare cash — and watch it turn into $40 million strikes against Russia
In Ukraine, crowdfunding foundations play an outsize role in keeping elite units supplied with FPV drones. One renowned group, the…
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Culture
Singapore swim school Fitness Champs splashes into Nasdaq with US$15 million IPO
As a former competitive swimmer waiting to enter university, Joyce Lee started freelancing as a swim instructor in 1999 to help support…
Culture
ST Engineering will invest S$250 million to drive robotics solutions for complex challenges
ST Engineering is pouring S$250 million over the next five years into a programme that will drive physical artificial intelligence (AI)…
Culture
Keppel DC Reit acquires remaining stake in 2 data centres from sponsor Keppel for S$8.4 million
The manager of Keppel DC Real Estate Investment Trust (Reit) has acquired the remaining 51 per cent interest in two artificial…
Culture
Centurion unit acquires Johor dorm operator for RM110.8 million, ups bed capacity by 25%
A unit of dormitory operator Centurion Corporation has acquired another dormitory operator in Johor for RM110.8 million (SG$33.2 million),…
Beauty
Colman Domingo and Jude Law Lead amfAR’s Venice Gala to a $3.4 Million Haul
The glitz and glam of the 82nd Venice Film Festival reached a crescendo on Sunday evening, as Hollywood’s elite flocked to the amfAR…
Culture
MetaOptics eyes S$6 million in gross proceeds from IPO, to trade on SGX Catalist on Sep 9
Home-grown semiconductor optics startup MetaOptics intends to raise some S$6 million in gross proceeds from its initial public offering…
Culture
ComfortDelGro buys rest of CityCab shares for S$116.3 million from ST Engineering unit
Transport giant ComfortDelGro (CDG) acquired on Monday (Sep 1) all of ST Engineering Land Systems’ shares in taxi operator CityCab for a…
Culture
Yangzijiang Shipbuilding soars 6.5% on the back of new orders worth US$920 million
Shares of Yangzijiang Shipbuilding soared 6.5 per cent shortly after market open on Monday (Sep 1) on the back of its announcement that it…
Business
Pakistan’s Punjab faces biggest floods in its history, affecting 2 million people
LAHORE, Pakistan — Pakistan’s eastern Punjab province is dealing with the biggest flood in its history, a senior official said Sunday, as…
Business
Volkswagen faces historic $30 million compensation for Amazon labor abuses in Brazil
SAO PAULO (AP) — Brazil’s labor court on Friday ordered Volkswagen to pay 165 million reais (about $30 million) for collective moral…
Culture
GuocoLand falls by nearly 3% after reporting slump in H2 net profit to S$32.4 million
Shares of GuocoLand tumbled by close to 3 per cent on Friday (Aug 29) morning following the announcement of its net profit for the…
Culture
Aims Apac Reit to acquire two industrial buildings in Aljunied for S$56.7 million
Aims Apac Reit is proposing to acquire an industrial property, comprising two buildings in the Aljunied area, for around S$56.7 million,…
Culture
Shangri-La Asia H1 net profit down 38.7% at US$57.9 million amid higher revenue
Hotel group Shangri-La Asia on Thursday (Aug 28) posted a net profit of US$57.9 million for the six months ended Jun 30, 2025, down 38.7…
Culture
Deutsche Bank fined US$3 million by Hong Kong securities regulator
Deutsche Bank has been fined US$3.05 million over various breaches between 2015 and 2023, Hong Kong’s securities regulator said on…
Culture
Didi posts Q2 loss of US$350 million on lawsuit provision
Revenue rose 10.9%, partly fuelled by growth in overseas business. Chinese ride-hailing giant Didi Global reported on Thursday (Aug 28) a…
Culture
Geo Energy to acquire 51% stake in two Indonesian shipping companies for US$127.5 million
Indonesian coal producer Geo Energy is proposing to acquire 51 per cent stakes in two Indonesian shipping companies for a US$127.5 million…
Culture
Australia’s Lynas posts over 90% fall in annual profit; to raise A$750 million
RALIA’S Lynas Rare Earths posted a more than 90 per cent fall in its full-year profit on Thursday, hurt by depreciation from its…
Culture
Tan Chong reverses from loss to HK$11.7 million profit in H1
Automotive group Tan Chong International posted a net profit of HK$11.7 million (S$1.9 million) for the first half ended Jun 30, reversing…
Culture
Wing Tai narrows H2 net loss to S$71.1 million
Property developer Wing Tai narrowed its net loss in the second half of its 2025 fiscal year ended Jun 30 to S$71.1 million, down from…
Culture
Mercedes-Benz offloads Nissan stake for US$325 million
The pension trust of German automaker Mercedes-Benz has sold its entire stake in Japan’s Nissan Motor for US$324.65 million, a source with…
Culture
Keppel to start arbitration against Seatrium for S$68.4 million related to Brazil corruption probe
Seatrium says it is seeking legal advice and will defend the claim ‘vigorously’ Asset manager Keppel is starting arbitration proceedings…
Culture
HSBC fined HK$4.2 million by Hong Kong regulators over disclosure failure
has been fined HK$4.2 million (S$692,427) by Hong Kong regulators over disclosure failures, the regulators said on Tuesday (Aug 26). The…
Culture
A*Star biotech spin-off Mirxes trims losses to US$28.4 million as top line grows
Higher revenue is driven by increased contributions from its early detection and precision multi-omics segment Local biotech startup…