Australia’s Lynas posts over 90% fall in annual profit; to raise A$750 million
— RALIA’S Lynas Rare Earths warned of considerable uncertainty over the future of its heavy rare-earths processing plant in Texas and also…
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Movie Producer David Brown Indicted in $12 Million Fraud Involving Fake Covid Tests and a Patty Hearst Film
Movie producer David Brown was arrested Wednesday on charges that he defrauded business partners out of $12 million by creating fake companies and using investor funds to pay his personal…
Tan Chong reverses from loss to HK$11.7 million profit in H1
Automotive group Tan Chong International posted a net profit of HK$11.7 million (S$1.9 million) for the first half ended Jun 30, reversing a net loss of HK$35.9 million from the same…
Australia’s Nine Entertainment Posts $1.75 Billion Revenue, $86 Million Profit
Australian media giant Nine Entertainment Co. Holdings Limited posted revenue of AUD2.7 billion ($1.75 billion) and a net profit after tax of AUD133 million ($86.3 million) for the 12…
After Trump's DOGE action, 300 million people's Social Security data is at risk, whistleblower says
More than 300 million Americans' Social Security data was put at risk after Department of Government Efficiency officials uploaded sensitive information to a cloud account not subject to…
Wing Tai narrows H2 net loss to S$71.1 million
Property developer Wing Tai narrowed its net loss in the second half of its 2025 fiscal year ended Jun 30 to S$71.1 million, down from S$99.2 million a year ago. This comes as revenue…
Mercedes-Benz offloads Nissan stake for US$325 million
The pension trust of German automaker Mercedes-Benz has sold its entire stake in Japan’s Nissan Motor for US$324.65 million, a source with direct knowledge of the matter said on Tuesday…
Keppel to start arbitration against Seatrium for S$68.4 million related to Brazil’s corruption probe
Asset manager Keppel is starting arbitration proceedings against Seatrium for a S$68.4 million claim related to Brazil’s corruption crackdown, Operation Car Wash. In 2022, Seatrium had…
Keppel to start arbitration against Seatrium for S$68.4 million related to Brazil corruption probe
Seatrium says it is seeking legal advice and will defend the claim ‘vigorously’ Asset manager Keppel is starting arbitration proceedings against Seatrium for a S$68.4 million claim related…
HSBC fined HK$4.2 million by Hong Kong regulators over disclosure failure
has been fined HK$4.2 million (S$692,427) by Hong Kong regulators over disclosure failures, the regulators said on Tuesday (Aug 26). The bank failed to properly disclose…
A*Star biotech spin-off Mirxes trims losses to US$28.4 million as top line grows
Higher revenue is driven by increased contributions from its early detection and precision multi-omics segment Local biotech startup Mirxes on Monday (Aug 25) posted a net loss of US$28.4…
Biotech Beauty Company Debut Raises $20 Million
Biotech beauty company Debut has secured $20 million in investment to enhance its AI-driven ingredient discovery platform and expand its formulation business in Asia. The San Diego-based…
Heir to Malaysian fortune seeks US$200 million for private markets
Iris Capital Partners, an investment firm backed by the heir to a Malaysian fortune, is seeking to raise US$200 million from institutional investors, the latest family wealth vehicle to…
Frasers Property unit to buy rest of Yishun 10 mall from Frasers Centrepoint Trust for S$34.5 million
Frasers Property is proposing to buy the remaining properties at Yishun 10 mall it does not yet own from Frasers Centrepoint Trust (FCT). This comes after Frasers Property, FCT’s sponsor,…
Frasers Property unit to buy rest of Yishun 10 complex from Frasers Centrepoint Trust for S$34.5 million
Frasers Property is proposing to buy the remaining properties at Yishun 10 complex that it does not as yet own from Frasers Centrepoint Trust (FCT). This comes after Frasers Property,…
Harjinder Singh: Petition Supporting Illegal Immigrant Truck Driver Who Killed Three in Florida Crash Receives 2.2 Million Signatures
Over two million people have signed a petition urging leniency for an Indian illegal immigrant truck driver charged with killing three people in a crash in Florida. Harjinder Singh, 28,…
Box Office: ‘Weapons’ Crossing $200 Million, ‘Materialists’ Hits $85 Million Globally
“Weapons” is imminently crossing the $200 million mark at the global box office with ticket sales for the R-rated horror film at $199.4 million to date. Over the weekend, “Weapons”…
Box Office: Netflix’s ‘Kpop Demon Hunters’ Leads With Estimated $18 Million Debut, ‘Weapons’ Stays Strong With $15.6 Million
In a box office twist, a film from the theatrical-averse Netflix appears to be No. 1 on North American charts. “Kpop Demon Hunters,” a singalong version of the hit animated musical, is…
Goldman’s US$500 million Texas expansion takes shape in Dallas
Goldman Sachs’ US$500 million bet on Texas is poised to put a stamp on the Dallas skyline. The storied investment bank’s new office complex is ascending out of the ground at a noisy…
Raffles Education receives letter of demand for 33.7 million yuan from Chinese company
The group believes that the claim, which relates to a 2021 equity transfer, is ‘without merit’ Raffles Education has received a letter of demand claiming that it is liable for about 33.7…
Creative narrows H2 loss to US$4.4 million, but US tariff threat weighs on revenue
Creative Technology posted a US$4.4 million net loss for the six months ended June, narrowed from the year-ago US$6.8 million loss, as costs fell with lay-offs. The loss includes US$2.1…
Supreme Court sides with Trump’s anti-DEI efforts to cut $783 million in research funding
The Trump administration can slash hundreds of millions of dollars’ worth of research funding in its push to cut federal diversity, equity and inclusion efforts, the Supreme Court decided…
Trump Admin to Rescreen All 55 Million Visas of Legal US Immigrants in Dramatic Bid to Escalate Deportation
The Trump administration will begin reviewing all 55 million U.S. visa holders to determine whether any have committed offenses that could lead to deportation. Any U.S. visa holders found…
Aspial Corp jumps 13% after Koh family moves to sell 15 shops for S$71.8 million
Shares of retail jeweller Aspial Corporation surged by 13 per cent on Friday (Aug 22) after 15 freehold strata-titled retail units in East Village, a Bedok-area mixed development, were put…