Culture
Infinity Development aims to raise net proceeds of S$11.1 million in Catalist IPO
The adhesive manufacturer will use the bulk of the net proceeds, or S$6.2 million, towards expanding in overseas markets Hong Kong-based…
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Culture
Ex-Lloyd’s CEO lost US$17 million AIG job after office romance
American International Group’s announcement last week that it was parting ways with incoming President John Neal stunned insurance…
Culture
Changi Airport October passenger traffic rises 3.4% to 5.8 million
Changi Airport on Friday (Nov 21) reported a 3.4 per cent year-on-year increase in passenger traffic in October. Passenger traffic came in…
Business
Fact Check: NO EVIDENCE Zelenskyy Invested $500 Million, $1.5 Billion 'Of His Own Money' In Ski Resort In Western Ukraine -- Project's Developer Denies His Involvement
Did President of Ukraine Volodymyr Zelenskyy invest $500 million or $1.5 billion "of his own money" in "a ski resort in Western Ukraine"?…
Blog
DOJ charges Democratic congresswoman with stealing $5 million in COVID relief money
The Justice Department announced an indictment Wednesday against Rep. Sheila Cherfilus-McCormick, a Florida Democrat, accusing her of…
Culture
Keppel Reit trustee prices S$100 million perpetual securities at 3.28%
The trustee of Keppel Real Estate Investment Trust (Keppel Reit), HSBC Institutional Trust Services (Singapore), on Wednesday (Nov 19)…
Culture
Temasek leads US$80 million funding in power infrastructure provider Amperesand
The Series A round is co-led by the Singapore investment company and Walden Catalyst Ventures Amperesand, a next-generation power…
Culture
Toyota lays out US$912 million plan to boost US hybrid production
Factories in West Virginia, Kentucky, Mississippi, Tennessee and Missouri will see 252 new jobs as a result of the initiative Toyota Motor…
Culture
Malaysia-based restaurant software platform FeedMe raises US$5 million
FeedMe, a restaurant software platform based in Malaysia, has raised US$5 million led by Integra Partners with participation from Cento…
Culture
StarHub prices S$300 million notes due 2035 at 2.55%
Telco StarHub priced on Monday (Nov 17) its issue of S$300 million worth of notes due in 2035 at 2.55 per cent, under its S$2 billion…
Culture
Del Monte Pacific Q2 net profit jumps seven times to US$16.8 million
Mainboard-listed Del Monte Pacific said on Monday (Nov 17) that its net profit for its second quarter of FY2026 rose to US$16.8 million…
Culture
ST Engineering sells 49% stake in Shanghai MRO JV to China Eastern Airlines for 680.5 million yuan
The move will yield a one-off gain of around S$48.1 million, based on the S$60.2 million carrying value for Starco ST Engineering has…
Business
Nearly three million Israelis face food insecurity, including one million children, report finds
A report from the National Insurance Institute (NII) shows a slight improvement in access to food across Israel, but it also shows that…
Culture
US jury says Apple must pay Masimo US$634 million in smartwatch patent case
A FEDERAL jury in California said on Friday(Nov 14) that Apple owes medical-monitoring technology company Masimo US$634 million for…
Culture
Stamford Land H1 profit rises 4.1% to S$15.8 million on higher hotel room rates
Stamford Land reported a 4.1 per cent rise in net profit to S$15.8 million for its first half ended Sep 30, from S$15.2 million in the…
Culture
Geo Energy Q3 net profit falls 55% to US$3.2 million due to lower coal prices
Indonesian coal producer Geo Energy Resources on Friday (Nov 14) reported a 55 per cent decline in net profit to US$3.2 million for the…
Culture
The Hour Glass posts 23.2% rise in profit for H1 FY2026 to S$75.7 million
The Hour Glass reported a 23.2 per cent rise in net profit to S$75.7 million for the six months ended Sep 30, 2025, from S$61.4 million in…
Culture
Malaysia enters mediation with Julius Baer on US$112 million 1MDB lawsuit
MALAYSIA said it’s entered mediation talks with Julius Baer Group in a bid to settle a US$112 million lawsuit filed against the Swiss bank…
Culture
Frasers Property full-year profit rises 17.8% to S$243.1 million
Net fair value change and reversal of tax provisions helped Frasers Property’s full-year earnings increase by 17.8 per cent, said the real…
Culture
Frasers Property H2 profit falls 32.2% to S$100.9 million on lower contributions from residential projects
Frasers Property posted a net profit of S$100.9 million for the six months ended Sep 30, a 32.2 per cent decline from S$148.9 million for…
Culture
United Hampshire US Reit Q3 distributable income up 15.5% at US$7 million
This is due to commencement of new leases, rental escalations from existing leases and lower interest costs The manager of United…
Culture
First Resources Q3 profit surges 43.5% to US$87.5 million
Palm oil producer First Resources posted a 43.5 per cent increase in net profit for the third quarter, the company said on Friday (Nov…
Culture
StarHub’s Q3 profit falls 35.3% to S$26.2 million
StarHub posted a net profit of S$26.2 million for its third quarter ended Sep 30, down 35.3 per cent from S$40.4 million in the previous…
Culture
Sats Q2 net profit up 13.3% to S$78.9 million as clients front-load orders ahead of US tariffs
The group declares an interim dividend of S$0.02 per share, higher than S$0.015 a year ago In-flight caterer and ground handler Sats on…