Business
Bain Capital to sell China data centre business likely valued at over US$4 billion: sources
US investment firm Bain Capital is seeking to sell the China business of data centre operator WinTriX DC Group, in a deal that could value…
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Business
Business
F&N H1 net profit rises 0.3% to S$84.1 million as tax incentive expires
Fraser and Neave (F&N) posted a 0.3 per cent rise in net profit to S$84.1 million for its first half ended Mar 31, from S$83.8 million a…
Business
Frasers Property H1 profit rises 147.6% to S$142.2 million on tax reversal
Frasers Property posted a 147.6 per cent jump in net profit to S$142.2 million for the first half ended Mar 31, 2025, from S$57.4 million…
Business
Disney to Build First New Theme Park in 15 Years
Get ready for Disney magic in the Middle East! For the first time in 15 years, Disney is set to unveil an all-new theme park, unlike…
Business
ST Engineering posts 8% rise in Q1 revenue to S$2.9 billion
ST Engineering’s revenue rose 8 per cent to S$2.9 billion for the first quarter ended March, from S$2.7 billion in the corresponding…
Business
Luxury labels ditch steep China discounts to rebuild brand value
Some luxury labels are pulling back from steep markdowns in China, seeking to rebuild an image of exclusivity to lure back wealthy…
Business
Why 'Leo'? New pope shows support for workers, labor unions
On Thursday, Cardinal Robert F. Prevost was introduced to the world as the 267th pontiff of the Roman Catholic Church and the first…
Business
Oil prices rise 3% on support from US-China trade hopes
Oil prices rose around 3 per cent on Thursday (May 8), buoyed by hopes of a breakthrough in looming trade talks between the US and China,…
Business
Singapore orders two more submarines from Germany's TKMS in Kiel
German submarine builder Thyssenkrupp Marine Systems (TKMS) intends to build two additional submarines for Singapore. A contract has been…
Business
Musk-Tied Investor Clashes With One of World’s Biggest Asset Managers
A prominent Silicon Valley investor is in a bitter dispute with his former employer, one of the world’s largest asset managers, accusing…
Business
Mexican executives cheer Rowan for pushing U.S.-Mexico deal
Mexican business leaders and executives lauded statements from Apollo Global Management Inc. Chief Executive Marc Rowan emphasizing the…
Business
The Consumer Financial Protection Bureau Must Go
The law finally demands that the CFPB, after over a decade in existence as an exception to the Constitution, be defunded. Source link
Business
Boy Accidentally Orders 70,000 Lollipops on Amazon. Panic Ensues.
On Sunday morning, as Holly LaFavers was preparing to go to church, a delivery worker dropped off a 25-pound box of lollipops in front of…
Business
US: Wall St opens higher ahead of potential US-UK deal announcement
Wall Street’s main indexes opened higher on Thursday (May 8) on news that the United States was on the verge of signing a trade agreement…
Business
Minimalist Hotels announces plan to add 20 new properties in India
Minimalist Hotels has announced an expansion plan to add 20 new properties across India over the next two years. The lifestyle hotel brand…
Business
Tesla’s China EV sales decline 6% YoY in April
Tesla's China-made electric vehicle (EV) sales saw a 6% year-on-year decline in April, a continuation of a seven-month downward trend,…
Business
Far East Orchard Q1 net profit more than doubles to S$17.3 million
Hospitality and student housing player Far East Orchard’s net profit more than doubled to S$17.3 million for the first quarter ended Mar…
Business
Asian banks see big boost to wealth business as currencies rally
A sharp rally in Asian currencies is set to boost demand for wealth and forex products as clients seek alternatives to US…
Business
Bank of England cuts rates to 4.25% as it sees tariff hit to growth
The Bank of England cut its main interest rate by 0.25 percentage points to 4.25 per cent on Thursday, despite an unexpected three-way…
Business
U.S. Trade Deal Could Lift UK Economy, but Won’t Transform It
The British government made faster economic growth its No. 1 mission. But efforts to kick-start it have been repeatedly knocked off course…
Business
Australia exchange operator proposes IPO reforms to revive listings
The Australian Securities Exchange (ASX) on Thursday (May 8) unveiled a series of proposed reforms aimed at enhancing the global appeal of…
Business
Singapore stocks end lower as investors keep eye on tariff negotiations; STI down 0.4%
Local stocks ended lower on Thursday (May 8), as investors kept their eyes on tariff deal negotiations after the US central bank…
Business
Posts claiming 'low' Australia voter turnout share preliminary figures
Australia has consistently seen poll turnouts of around 90 percent or more since the country enforced compulsory voting a century ago.…
Business
Weakening US dollar expected to yield mixed impact for Singapore companies with significant exposure
Asian currencies have rallied against the US dollar on the back of concerns that US President Donald Trump’s tariff war will hurt the…