Culture
Indonesia’s state banks eye bigger share of growing wealth market in Singapore
[JAKARTA] Bank Negara Indonesia (BNI) and Bank Mandiri, Indonesia’s state-owned banks, are pulling out all the stops to make their mark in Singapore’s competitive wealth management sector.This comes as...
US: S&P 500, Nasdaq open lower as investors eye trade developments, earnings
Published Tue, Apr 29, 2025 · 09:43 PM[NEW YORK] The S&P 500 and the Nasdaq fell at the open on Tuesday (Apr 29), while the Dow was flat as...
Coca-Cola results beat estimates on price hikes, demand surge
[ATLANTA] Coca-Cola on Tuesday (Apr 29) reported better-than-expected revenue and profit for the first quarter, as the beverage giant benefits from price hikes and enjoys strong demand for its...
Sheng Siong Q1 net profit up 6.1% to S$38.5 million on stronger sales
[SINGAPORE] Supermarket operator Sheng Siong recorded a 6.1 per cent increase in net profit to S$38.5 million for the first quarter ended Mar 31, from S$36.3 million the year...
IReit Global reports higher committed occupancy and stable leverage for Q1 2025
Committed occupancy is marginally higher due to new leases committed within the Spanish portfolio[Singapore] IReit Global reported 88.7 per cent occupancy rate at the end of Q1 2025, up...
GM pulls forecast due to tariffs as nervous consumers rush to buy
[DETROIT] General Motors has pulled its annual forecast, reflecting the uncertain effects of US President Donald Trump’s global trade war, even as it reported strong quarterly results.The Detroit automaker’s...
First Reit Q1 DPU dips 3.3% to S$0.0058 amid forex headwinds
[SINGAPORE] First Real Estate Investment Trust’s (First Reit) distribution per unit (DPU) fell 3.3 per cent to S$0.0058 for the first quarter ended Mar 31, compared to S$0.006 in...
Wilmar reports higher earnings for Q1 2025 on better performance from business segments, associates
[Singapore] Wilmar reported a 13.5 per cent increase in earnings for Q1 2025 to US$343.9 million from US$302.9 million in Q1 2024 in a bourse filing on Tuesday (Apr...
Will ComfortDelGro win the point-to-point 2.0 race against Grab?
[SINGAPORE] Grab’s entry into Singapore’s taxi market is likely to give the leading incumbent ComfortDelGro a run for its money.Studies have shown that people who choose to drive taxis...
Temasek’s Gabriel Lim to lead Seviora Holdings as CEO
[SINGAPORE] Temasek Holdings’ head of corporate strategy Gabriel Lim will exit his post to lead the Temasek-owned asset management group Seviora Holdings, the group announced in a statement on...
