Germany, Somalia agree to step up deportations
Germany and Somalia are to cooperate on stepping up the deportation of migrants from the East African country. After a meeting with Somali President Hassan Sheikh Mohamud in Berlin, German…
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SingPost’s H1 profit rises 97.3% to S$22.6 million; declares higher interim dividend of S$0.0034 per share
SINGAPORE Post’s (SingPost) net profit for the first half ended September nearly doubled to S$22.6 million on higher revenue. This represented a 97.3 per cent increase from S$11.5 million…
Great Eastern posts 52% higher Q3 profit of S$273.4 million
This is driven by contributions from its insurance business and favourable investment performance from shareholders’ funds GREAT Eastern posted a 52 per cent year-on-year increase in net…
Nvidia rides AI wave to pass Apple as world’s largest company
NVIDIA became the largest company in the world on Tuesday (Nov 5), surpassing Apple and underscoring just how dominant artificial intelligence (AI) has become on Wall Street. Shares rose…
Fired Gallant reveals points of contention with Israel's Netanyahu
Israeli Defence Minister Yoav Gallant on Tuesday warned of a "moral darkness" in the country after his dismissal by Prime Minister Benjamin Netanyahu. Gallant named three points of…
Banks tout all-night US credit trades as election results come in
BANKS are gearing up for late-night US credit trades as results trickle in from presidential and legislative elections that could impact company profits. JPMorgan’s derivatives trading…
Israel offers to pay millions of dollars for release of each hostage
Israeli Prime Minister Benjamin Netanyahu wants to offer Hamas hostage-takers in the Gaza Strip millions of dollars for the release of each hostage and a safe withdrawal with their…
Frasers Hospitality Trust’s sudden lurch to a higher tax rate in Australia serves as a cautionary tale
S-Reits may lose the capital support of strategic investors due to the limit on foreign individual ownership THE news that Frasers Hospitality Trust’s (FHT) wholly owned Australian…
Israel PM Netanyahu fires defence minister Gallant
Israel's Prime Minister Benjamin Netanyahu has fired defence minister Yoav Gallant, saying there is a "crisis of trust" between them. Netanyahu said in a statement his trust in Gallant had…
German foreign minister visits Ukraine border region
German Foreign Minister Annalena Baerbock visited a Ukrainian border region on Tuesday at the end of a two-day visit to the country. Baerbock was shown a command post at the three-way…
Japan Launches Wooden Satellite
Timber Up Japan has successfully launched the world's first satellite made of wood. The spacecraft, dubbed LignoSat, came about as a collaboration between Kyoto University and homebuilder…
Tesla Boosts Wages at German Plant Amid Auto Industry Cutbacks
Tesla (TSLA, Financial) has announced a salary increase at its Grunheide facility in Germany, signaling a strong commitment to its workforce amidst industry-wide financial constraints.…
China's New Spaceship Is a Blatant Ripoff of SpaceX's Starship
AliExpress Starship China has showed off a concept for its upcoming Long March 9, a ultra heavy-lift reusable rocket designed to deliver the first Chinese astronauts to the surface of the…
Amos Group loses free float, extends offer closing date to Nov 21
OFFSHORE oil and gas equipment manufacturer Amos Group on Tuesday (Nov 5) said it has lost its free float and intends to extend the deadline for shareholders to accept the offer made by…
Hapag-Lloyd christens Hamburg Express class flagship
Hapag-Lloyd has christened Hamburg Express, the eponymous flagship of its new class of container ships, at Port of Hamburg's Container Terminal Burchardkai in Germany. The ship is part of…
2 adorable pygmy hippos pitted against each other in cuteness contest
LONDON (AP) — The Edinburgh Zoo launched a cuteness contest between Haggis, its newborn pygmy hippo, and Moo Deng, the adorable mini hippopotamus that became a viral sensation at a…
US: Wall St opens higher as Americans head to polls
US STOCK indexes opened higher on Tuesday (Nov 5), as voting began in a tightly contested presidential election, with traders girding up for volatile trading over the next few sessions…
'Black day': French workers protest Michelin plans to close two plants
Michelin factory workers burnt tyres in western France on Tuesday and vowed to stage a strike after the tyre company said it would close two plants by early 2026 over collapsing sales.…
'Incredibly rare' pygmy hippo born at Edinburgh zoo
An "incredibly rare" female baby hippopotamus has been born at Edinburgh Zoo. The tiny endangered pygmy hippo calf, named Haggis, arrived on 30 October and zookeepers said her personality…
Ferrari’s core profit rises 7%, helped by product mix, personal touches
FERRARI said on Tuesday (Nov 5) its core earnings rose 7 per cent in the third quarter, despite a slight decrease in car shipments, as the luxury sports car maker continued to benefit from…
Suzuki Motor unveils battery EV e VITARA in Europe
Suzuki Motor has launched its first mass-produced battery electric vehicle (EV), the e VITARA, marking a key milestone in its entry into the global EV market. The announcement was made in…
Burger King parent Restaurant Brands misses sales estimates on muted demand
RESTAURANT Brands missed estimates for quarterly revenue on Tuesday (Nov 5) due to weak demand across key businesses such as Tim Hortons, Burger King and international markets including…
Thomson Reuters reports higher third quarter revenue
THOMSON Reuters on Tuesday (Nov 5) reported higher than expected third-quarter revenue as it continued to invest in generative AI. The Toronto-based content and technology company reported…
German parts maker Schaeffler to cut 4,700 jobs on auto woes
Schaeffler will cut about 4,700 jobs in Europe and close two sites as a deepening slump at Volkswagen and other German carmakers ripples through their supply chains. About 2,800 of the job…