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TOCURRENCY exchange Kraken is set to raise US$500 million in funding at a US$15 billion valuation, The Information reported on Tuesday, citing people familiar with the matter.…
Seatrium is putting a long-running corruption case behind it with the payment of financial penalties of more than S$240 million to the authorities in Brazil and Singapore. On Wednesday…
Keppel Real Estate Investment Trust (Reit) on Wednesday (Jul 30) reported a 2.9 per cent decline in its distribution per unit (DPU) for the first half of the 2025 financial year to…
A passenger plane from Pyongyang landed at Moscow’s Sheremetyevo Airport on Tuesday, the first direct flight from the North Korean capital to Moscow in decades as the two…
French luxury group Kering reported on Tuesday a 46 per cent plunge in net profit during the first half, with sales slumping again at its flagship Gucci brand, as the group awaits a new…
Venture capital investments in the Greater Los Angeles region more than doubled to $5.8 billion in the second quarter, compared to a year ago, as investors poured money into the area’s…
A 27-year-old Cornell graduate was tragically caught in the Park Avenue gunman's crosshairs, after he mistakenly took the wrong elevator to her employer's floor, where she crossed paths…
Cathay Cineplexes has received additional letters concerning outstanding rent, its parent company mm2 Asia announced in bourse filings on Tuesday (Jul 29), alongside key changes to its…
Samudera Shipping reported a 100.4 per cent increase in net profit to US$41.8 million for its first half ended Jun 30, from US$20.9 million in the corresponding year-ago period. Revenue…
Hotel Properties Limited (HPL) has clarified that it is still in discussions with parties over the redevelopment of Forum The Shopping Mall and voco Orchard Singapore. In a bourse filing…
The S&P 500 and Nasdaq opened at fresh record highs on Tuesday (Jul 29), as investors assessed a slew of earnings reports from major US companies and looked ahead to the Federal…
Rental and other income for H1 2025 falls 2.9 per cent to S$50.5 million from S$52 million in H1 2024 The manager of First Reit reported a 5.2 per cent fall in H1 2025 distribution per…
Temasek has signed a share-purchase agreement with Ermenegildo Zegna to purchase a 5 per cent stake in the Italian luxury group at US$8.9 a share, for a total of US$126.4 million on…
Eight hundred Singtel shareholders packed into a function room in the Sands Expo and Convention Centre on Tuesday (Jul 29), with questions for the management of the telco.The wide-ranging…
British pharmaceutical giant AstraZeneca on Tuesday (Jul 29) said net profit rose 27 per cent in the second quarter, boosted by record growth in its key US market. Profit after…
A local startup is using artificial intelligence and robotics in an unlikely way: making sashimi and other fish dishes taste better, last longer and more humane. El Segundo-based Shinkei…
Sim Lian Land and Sim Lian Development teamed up to place what property consultants have described as the “bullish” top bid for the maiden government land sales (GLS) programme site in the…
British car distributor Inchcape reported weaker first-half results on Tuesday (Jul 29) as US tariffs dampened demand for high-end vehicles in the Asia-Pacific region, hitting sales and…
Nomura Holdings’ profit beat expectations last quarter, as the Japanese firm joined the equity trading boom that fuelled earnings for Wall Street banks. Net income rose 52 per cent from a…
The bank also announced a share buyback of £1 billion and a half year dividend of 3 pence per share Barclays first-half profit rose by a better-than-expected 23 per cent, the…
Apple is closing a retail store in China for the first time, marking a notable retreat in a market where the iPhone maker is striving to revive sales. The company said on Monday (Jul 28)…
The US dollar has climbed nearly 1.5 per cent in the past six days, reversing a downward trend that has persisted for much of this year. The US dollar index (DXY) posted a high of…
Bitmain Technologies, the world’s largest manufacturer of crypto mining hardware, plans to open its first US facility in the coming months, a strategic pivot riding the “Made in America”…
China’s proposed coal mine developments risk creating an oversupply and derailing climate goals, according to Global Energy Monitor (GEM). More than 450 sites are in development across…
