Culture
Debt-ridden mm2 Asia’s H1 net loss deepens to S$39.7 million as existential threat looms
Entertainment group mm2 Asia on Thursday (Nov 13) reported a net loss of S$39.7 million for the half-year ended Sep 30, widening from the…
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Culture
Goldman set for record advisory year after US$110 million fee on EA’s take-private deal
A 2025 M&A rebound has lifted US bank deal revenue, with Goldman outpacing its rivals Goldman Sachs Group’s biggest-ever M&A payday may be…
Culture
SIA profit drops 82% to S$52 million in Q2; declares S$900 million special dividend package
The group attributes the decline in earnings to losses by its associate Air India, which are not included in previous year’s results…
Culture
Boeing ordered to pay more than US$28 million to 737 MAX crash victim’s family
A jury in federal court in Chicago ordered Boeing on Wednesday to pay more than US$28 million to the family of a United Nations…
Culture
Ex-Twitter CEO Agrawal’s AI search startup Parallel raises US$100 million
AI STARTUP Parallel Web Systems, founded by former Twitter CEO Parag Agrawal, has raised US$100 million to build web search infrastructure…
Culture
Sasseur Reit Q3 rental income up 4.9% at 166.3 million yuan
The manager of Sasseur Real Estate Investment Trust (Sasseur Reit) on Thursday (Nov 13) posted rental income of 166.3 million yuan (S$30.4…
Culture
Acrophyte Hospitality Trust 9-month net property income falls 13.9% to US$29.1 million
The drop is largely due to hotel dispositions and renovations, as well as increases in operating expenses Acrophyte Hospitality Trust’s…
Culture
Golden Agri-Resources Q3 profit rises 17% to US$124 million on higher output and palm oil prices
Palm oil producer Golden Agri-Resources (GAR) posted a 17 per cent quarter-on-quarter rise in net profit for the third quarter ended Sep…
Culture
Food Empire’s Q3 revenue rises 28.3% to US$152.6 million
Food Empire posted a revenue of US$152.6 million for the third quarter ended Sep 30, 2025, up 28.3 per cent from a year ago. In a bourse…
Culture
AEM posts S$4 million 9M net profit, reversing year-ago loss, with “AI era” new solutions
Revenue rose 16 per cent to S$287.5 million, driven by high-volume manufacturing at a major customer Test solutions provider AEM Holdings…
Culture
ABN Amro to buy NIBC Bank from Blackstone for 960 million euros
The deal will cut the Dutch bank’s CET1 capital ratio by about 70 basis points at closing ABN Amro Bank said it will acquire NIBC Bank…
Culture
SingPost to divest 14 HDB units for S$55.5 million
The postal service provider says the properties are ‘non-core’ to its principal business Singapore Post (SingPost) on Tuesday (Nov 11)…
Culture
Stoneweg Europe Stapled Trust divests Slovakia portfolio for 70 million euros
This comes as it focuses on Western European markets with ‘deeper liquidity and stronger tenant demand’ Stoneweg Europe Stapled Trust…
Culture
Yoma Strategic’s H1 net loss narrows to US$8.7 million
Yoma Strategic on Tuesday (Nov 11) posted net loss for the first half year ended September of US$8.7 million, which narrowed from US$10.5…
Culture
Grab to invest US$60 million in remote driving tech startup Vay
Vay’s mobile app lets customers request for an EV to be delivered to their location, with the help of a remote driver Ride-hailing company…
Culture
Riverstone Q3 earnings fall 28% to RM52 million
Revenue declines 17.1% due to lower prices for gloves amid more intense competition Glovemaker Riverstone Holdings reported a drop of 28…
Culture
UOB issues S$74.6 million payment demand to mm2 Asia
Entertainment group mm2 Asia on Monday (Nov 10) said in a bourse filing that it and its subsidiaries have received letters of demand from…
Business
How a $300 Million Crypto Scheme Linked a Crypto Kingpin to Spain’s Far Right
OTC scam. Photo by BeInCrypto Spanish authorities have arrested the alleged leader of a $300 million crypto pyramid scheme that defrauded…
Culture
Sri Trang Agro-Industry posts Q3 loss of 841.9 million baht amid lower rubber prices, tariff uncertainty
Sri Trang Agro-Industry fell into the red with a net loss of 841.9 million baht (S$33.8 million) for the third quarter ended Sep 30,…
Culture
Sri Trang Gloves Q3 loss widens to 106 million baht on impairment, derivative losses
The steeper net loss comes as its top line decreases 5.6% year on year to 6.1 billion baht, even as sales volume rises Sri Trang Gloves’…
Culture
UMS Q3 earnings rise 1% to S$10.5 million, announces 1-for-4 bonus issue
UMS Integration on Friday (Nov 7) reported a 1 per cent year-on-year rise in net profit to S$10.5 million for the third quarter ended Sep…
Culture
Cortina’s H1 profit rises 10% to S$30.5 million amid stronger regional sales
Luxury watch retailer Cortina posted a 10 per cent rise in net profit to S$30.5 million for the six months ended Sep 30, up from S$27.8…
Culture
AvePoint Q3 earnings jump four times to US$13 million; shares fall on EPS miss
Cybersecurity company AvePoint has posted a 396.8 per cent increase in net profit to US$13 million for its third quarter ended Sep 30,…
Culture
First Brands says it needs US$600 million or ‘it’s game over’
FIRST Brands Group lawyers said the company needs access to its roughly US$600 million of remaining bankruptcy financing to keep the…