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Del Monte Pacific, which is dual-listed on the Singapore Exchange and Philippine Stock Exchange, on Thursday (Jul 31) unveiled a net loss of US$742.1 million for its fourth quarter ended…
The move follows Dr Shao’s resignation on Jul 22 after a whistle-blower report against him was sent to company’s audit committee Aoxin Q&M announced that it has placed former chief…
Jardine Matheson Holdings (JMH) reported a 45 per cent growth in underlying profit for the first half of the 2025 financial year to US$798 million from US$550 million in H1 2024. The…
The chief executive officer of Standard Chartered, Bill Winters, has some strong words for banks that have recently walked back their commitment to achieving net zero emissions. “Shame on…
But its revenue was up 1.9% year on year to S$102.8 million; Ebitda took a dip of 1.9% to S$70 million The manager of Netlink NBN Trust on Thursday (Jul 31) reported a 9.2 per cent fall in…
Shein Group’s net income rose to over US$400 million and revenue was almost US$10 billion in the first quarter as consumers snapped up the fast-fashion retailer’s products ahead…
Singapore-based real estate and healthcare company Perennial Holdings announced on Thursday (Jul 31) that it has entered into a partnership with the Lujiazui Administrative Bureau of the…
Justin Trudeau's appearance at Katy Perry's Montreal concert has set the internet abuzz, with fans sharing viral photos and videos of the former Canadian Prime Minister enjoying the show.…
BMW said on Thursday (Jul 31) its profits slumped by a third in the second quarter as the German premium carmaker was hit hard by falling sales in key market China and US tariffs. Net…
The US Federal Reserve’s decision to defy President Donald Trump’s demands by keeping interest rates unchanged for the fifth straight time was broadly in line with market expectations. But…
The US Federal Reserve’s decision to defy President Donald Trump’s demands by keeping interest rates unchanged for the fifth straight time was broadly in line with market expectations. But…
Investment appetite for gold remains strong in Singapore, with 2.2 tonnes of gold bars and coins purchased in the second quarter of 2025, according to World Gold Council’s report released…
China raised concerns over potential security risks in Nvidia’s H20 artificial intelligence chip, casting uncertainty over the US company’s sales prospects in China weeks after a US export…
Societe Generale, France’s third-largest listed bank, raised its annual profit target on Thursday (Jul 31) after a strong rebound in its French retail business lifted second-quarter…
Lufthansa on Thursday reported better second-quarter results than expected, boosted by low oil prices and currency effects, and confirmed its full-year guidance. The German…
A money manager for some of Hong Kong’s richest families is building a hedge fund team to allocate money away from private equity after its clients asked for more liquid investments. VMS…
The Bank of Japan (BOJ) revised up its inflation forecasts on Thursday (Jul 31) and offered a less gloomy outlook on the economy than three months ago, keeping alive the possibility of a…
Construction on a US$1 billion LNG import terminal project, Thailand’s third, will start later this year before commercial operations are scheduled in 2029 Thailand’s richest…
The company announced on Wednesday (30 Jul) it was to pay S$240 million in financial penalties Shares of Seatrium dived 5.4 per cent shortly after market open on Thursday (Jul 31) despite…
The company will pay S$240 million in financial penalties to settle corruption offences Shares of Seatrium dived 5.4 per cent shortly after market open on Thursday (Jul 31) despite posting…
Panama’s comptroller general asked its Supreme Court to review the government’s contract extension with CK Hutchison’s local ports unit, potentially throwing a new wrench into the…
Australia’s second-quarter inflation data was very welcomed and came in as just the central bank expected, a top official said on Thursday, but added the bank remained cautious…
Superapp Grab reported Q2 2025 earnings of US$35 million, reversing from a loss of US$53 million in the same year-ago period. This was driven by operating profit and lower finance costs,…
Aims Apac Reit reported on Thursday (Jul 31) a 0.4 per cent increase in distribution per unit (DPU) of S$0.0228 for Q1 FY2026, from S$0.0227 in the same year-ago period. The distribution…
