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The game started as an experiment. A way to look at emergent behavior — the coordinated and mesmerizing flight of a flock of birds, for instance. For artist and researcher Hillary Leone,…
The agreement is not expected to have a material impact on the company’s FY2024 results SEMBCORP Industries has inked a joint development framework agreement at COP29 for a potential…
Company cautions that delays to the timing of key project awards in FY2025 is expected to result in lower levels of activity in Q3 and potentially Q4 of FY2025 CONSTRUCTION and engineering…
STARHUB posted a net profit of S$40.4 million for its third quarter, up 11.1 per cent from S$36.4 million in the year-ago period. Despite the rise in earnings, revenue for Q3 2024 fell 5.8…
TENCENT Holdings’ revenue rose 8 per cent after the summer release of Dungeon & Fighter Mobile helped China’s most valuable company resist a severe economic downturn. Sales for the three…
ABN Amro reported a smaller-than-expected fall in third-quarter profit on Wednesday (Nov 13), driven by sustained improvement in net interest income (NII) and strong performance of fees,…
CHINA’S Taiwan Affairs Office said on Wednesday (Nov 13) that a US order to Taiwan Semiconductor Manufacturing Company (TSMC) to halt shipments of advanced chips to some Chinese customers…
THE web platform Etsy is famous for selling cutesy handmade arts and crafts, but even a company that relies on a cottage industry of artisans is increasingly undergirded by artificial…
SIEMENS Energy raised its mid-term targets after demand for its grid technologies helped offset losses at its beleaguered wind-turbine division. Revenue is likely to grow at a high…
GLOBAL sales of fully electric and plug-in hybrid vehicles rose 35 per cent in October from the same month last year, with growth across all regions led by a 54 per cent jump in sales in…
YOMA Strategic posted a net loss of US$11 million for the first half ended September 2024, widening from its US$2.5 million loss in the previous corresponding period due to revenue…
BUMITAMA Agri reported a net profit of 597.9 billion rupiah (S$51 million) for the third quarter ended Sep 30, down 31.6 per cent the year prior. Revenue for Q3 FY2024 fell 7.6 per cent to…
TEMASEK Trust agreed to invest US$50 million in an HSBC Asset Management-owned Japanese solar energy company. ABC Impact, a unit of the Singapore firm, will acquire a stake in Tokyo-based…
SINGAPORE shares began trading lower on Wednesday (Nov 13), extending global equity market declines overnight. As at 9.02 am, the Straits Times Index (STI) fell 0.7 per cent or 24.31…
BOEING and Airbus will provide more than US$450 million in financial assistance to help keep key supplier Spirit AeroSystems Holdings afloat ahead of their planned purchase of the…
SINGTEL’S net profit for the first half ended September fell 42.4 per cent year on year to S$1.23 billion from S$2.14 billion. This was in the absence of a S$1.2 billion exceptional gain…
Soft enterprise demand is expected to improve in the coming months, and data centre customers are paying reservation fees to secure limited capacity SINGTEL’S net profit for the first half…
THE US is not through trying to seize cryptocurrency tied to Sam Bankman-Fried a year after he was convicted of masterminding a massive fraud at his FTX exchange. In a court filing on…
COMPANIES of all stripes are diving into the debt market on Tuesday (Nov 12), taking advantage of robust demand and relatively favourable borrowing costs. Banks including Citi, Goldman…
VOLKSWAGEN (VW) and Rivian Automotive named leaders for their multi-billion US dollar joint venture (JV) and showcased a prototype electric vehicle (EV), signalling their commitment even…
MAN Group is planning a round of job cuts as the world’s biggest publicly traded hedge fund firm reviews its staffing needs. Chief executive officer Robyn Grew told staff the firm is…
It should seize opportunities available in market, as long as exit yields remain favourable THE managers of CapitaLand Ascott Trust (Clas) have announced a flurry of divestments for the…
CANADIAN Labour Minister Steven MacKinnon said on Tuesday (Nov 12) he had directed the country’s labour relations board to order an end to disputes at the ports of Vancouver and Montreal,…
The net proceeds, after deducting issue expenses, will be fully used towards refinancing projects that meet its green financing framework criteria KEPPEL Reit has priced its offering of…
