Fashion
StarHub H2 net profit up 7.5% at S$78.4 million
[ad_1] STARHUB on Friday (Feb 21) posted a net profit of S$78.4 million for the second half of its financial year ended December, up 7.5 per cent from S$72.9 million...
Payments firm Block’s profit misses estimate on underwhelming holiday spending
[ad_1] BLOCK’S fourth-quarter profit fell short of estimates as spending growth during the holiday season and gains from a post-election surge in bitcoin lagged expectations, sending the payment firm’s shares...
Rivian records first gross profit as EV policy risks loom
[ad_1] RIVIAN Automotive recorded its first-ever quarterly gross profit to close out 2024, achieving a long-held goal even as it warned that policy shifts in Washington may weigh on its...
Birkenstock slumps as unchanged outlook overshadows sales boost
[ad_1] BIRKENSTOCK Holding shares fell after the German shoe company opted to keep its outlook unchanged, even as sales of its high-end sandals and clogs jumped more than expected in...
US: Wall St opens lower as markets assess Trump’s tariff threats; Walmart drops
[ad_1] WALL Street’s main indexes opened lower on Thursday (Feb 20) as investors avoided risky bets after another bout of tariff threats from President Donald Trump, while heavyweight retailer Walmart...
Far East Hospitality Trust to acquire Sheraton hotel in Japan for 6 billion yen
[ad_1] FAR East Hospitality Trust (FEHT) will make its first Japanese hotel acquisition after expanding its investment mandate to global markets and asset classes. Its managers on Thursday (Feb 20)...
Ant Group’s profit rises with Jack Ma back in the public eye
[ad_1] ANT Group’s quarterly profit surged more than 50-fold after it benefited from an investment gain, a major boon for the Chinese fintech giant founded by Jack Ma.
The Hangzhou-based online...
UOL unit, partner win tender for residential site in Shanghai
[ad_1] A UNIT of property developer UOL Group, together with an industry partner, has won a nine billion yuan (S$1.7 billion) tender for a residential site in the Hongkou district...
Wilmar posts 39.4% fall in H2 net profit on absence of year-ago gain, weak sugar price
[ad_1] AGRIBUSINESS Wilmar International posted a 39.4 per cent fall in net profit to US$590.2 million for the six months ended December 2024.The decline was due to the absence of...
Genting Singapore posts 34% fall in H2 net profit to S$222 million
[ad_1] GENTING Singapore posted a 34 per cent fall in net profit to S$222 million for the half year ended Dec 31, 2024, from S$334.9 million in the corresponding year-ago...
