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Grab on Wednesday (Apr 30) reported net profit of US$24 million for the first quarter ended Mar 31, 2025, reversing from a US$104 million loss in the previous corresponding period. The…
Net property income (NPI) for CDL Hospitality Trusts (CDLHT) fell 14.2 per cent to S$30 million for the first quarter ended March 31, from S$34.9 million in the year-ago period. Revenue…
Far East Hospitality Trust’s (FEHT) net property income fell 8.3 per cent year on year to S$23 million for the first quarter ended March, from S$25.1 million. Gross revenue for Q1 FY2025…
They will be issued under the company’s S$5 billion global medium-term note programme A wholly owned subsidiary of Singapore Technologies Engineering (ST Engineering) has priced US$750…
THE manager of Starhill Global real estate investment trust (Reit) posted a net property income (NPI) of S$37.9 million for Q3 FY2025 ended Mar 31, up 0.5 per cent from S$37.7 million in…
Supermarket operator Sheng Siong recorded a 6.1 per cent increase in net profit to S$38.5 million for the first quarter ended Mar 31, from S$36.3 million the year before. Revenue grew 7.1…
Spotify hauled in 5 million net new Premium subscribers for the first quarter of 2025, its highest Q1 gains in five years, but macroeconomic uncertainty could bring some near-term “noise,”…
Integrated healthcare operator IHH Healthcare has signed its first S$300 million sustainability-linked loan with UOB, strengthening its ongoing commitment to add and uphold sustainable…
Spotify has paid more than $100 million to podcast publishers and creators since January, the company told The New York Times’s DealBook. The payout is the result of a program introduced…
Lippo Malls Indonesia Retail Trust (LMIRT) on Monday (Apr 28) posted a 2.4 per cent decline in net property income to S$29.2 million for the first quarter ended Mar 31, from S$29.9 million…
Worldwide Flight Services (WFS) has partnered the Port Authority of New York and New Jersey and global investment manager Realterm to open a US$270 million cargo terminal at John F Kennedy…
Getting a sense of the scale of social media platforms can be tricky. While tech companies often share self-serving metrics—like monthly active users or how likely users are to buy…
The latest tranche offers a first-year interest rate of 2.49%, declining from 2.73% in April’s issuance The latest Singapore Savings Bond (SSB) tranche allotted on Monday (Apr 28) saw…
Warner Bros. has dominated at the box office in April as “A Minecraft Movie” and “Sinners” continue to shatter expectations. Over the weekend, “Minecraft” collected $37.8 million overseas…
Bob Bakish had a golden parachute worth a whopping $69.3 million in severance compensation, which he received after the longtime exec was dismissed by Paramount Global as CEO in April…
Digital bank and wealth management platform iFast said its net profit rose 31.2 per cent year on year to S$19 million for the first quarter ended Mar 31, driven by a turnaround in its UK…
South Korea’s Samsung Electronics will invest US$117.09 million in its facility in southern India, a minister said on Friday (Apr 25), months after the plant faced worker protests…
Hong Kong’s bourse operator will shift its headquarters, it said on Thursday (Apr 24) and will take over the top nine floors of a building in a complex owned by developer Hongkong…
OUE Reit’s revenue fell 11.9 per cent to S$66 million for its first quarter ended Mar 31, from S$74.9 million in the year-ago quarter. This was mainly due to the divestment of Lippo Plaza…
The manager of CapitaLand China Trust (CLCT) posted a net property income (NPI) of 292.5 million yuan (S$52.8 million) for the first quarter of financial year 2025, down by 6.6 per cent…
When Elon Musk’s foundation sponsored the $100 million XPrize for Carbon Removal—a four-year-long competition to find credible ways to eventually remove a billion tons of CO2—Musk might…
Keppel Reit reported on Wednesday (Apr 23) that its distributable income from operations fell 3.5 per cent to S$48.4 million on the year in Q1 2025, from S$50.2 million previously.…
The death of Pope Francis on April 21 resulted in an increase of people watching the 2024 film “Conclave” from home. The movie is available on various PVOD platforms and is currently…
Walgreens has agreed to pay up to $350 million in a settlement with the U.S. Department of Justice, who accused the pharmacy of illegally filling millions of prescriptions in the last…
