Business
Nanofilm acquires 2 German companies for 3.1 million euros
The proposed acquisition aims to accelerate the group’s business expansion in Europe NANOFILM Technologies’ wholly owned subsidiary,…
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Business
Yankees 'Kicking Tires' on Trade For $260 Million All-Star; Red Sox 'Iffy'
Baseball is back for 2025, as the St. Louis Cardinals pitchers and catchers reported to the team's spring training facility in Jupiter,…
Business
NSL reverses losses with a net profit of S$18.9 million in latest 6-month results
INDUSTRIAL group NSL posted a net profit of S$18.9 million for the six-month period ended Dec 31, 2024, a reversal from its net loss of…
Business
China bubble tea firm Mixue targets US$500 million in February Hong Kong IPO: sources
The firm plans to use the money raised in its IPO to expand production facilities and help increase its range of drinks CHINA’S largest…
Business
Wing Tai H1 net profit declines 51% to S$10.1 million
PROPERTY and retail company Wing Tai Holdings’ net profit continued its decline in the first half of its 2025 fiscal year due to lower…
Business
Salesforce plans US$500 million in AI-related investments in Saudi Arabia
CLOUD software seller Salesforce said on Monday (Feb 10) that it plans to invest US$500 million in Saudi Arabia related to artificial…
Business
NetLink NBN Trust’s 9-month profit down 12.9% at S$74.1 million
FIBRE network provider NetLink NBN Trust posted S$74.1 million profit after tax for the nine months ended December, down 12.9 per cent…
Business
Dodgers Could Trade $15 Million All-Star Following Kiké Hernandez Signing
The Los Angeles Dodgers continued their busy offseason on Sunday, agreeing to a one-year deal with fan favorite utility man Kiké…
Business
GuocoLand H1 profit up 13 per cent to S$74.6 million
PROPERTY developer GuocoLand reported a net profit of S$74.6 million for the first half ended Dec 31, 2024, up 13 per cent year on year…
Business
China bubble tea maker Guming raises US$232 million in IPO, term sheet shows
CHINESE bubble tea firm Guming has raised US$232 million in a Hong Kong initial public offering (IPO) after setting the price of its…
Business
2 Million Baked Goods Are Recalled Over Listeria Risk
About two million baked goods, including some doughnuts and coffee rolls sold at Dunkin’, were recalled over concerns of potential…
Business
How GoFundMe Became a $250 Million Lifeline After the L.A. Fires
During a news conference four day after the fires began, Kathryn Barger, the chair of the Los Angeles County Board of Supervisors, said…
News
A 311-Year-Old Stradivarius Violin Sells for $11.25 Million at Sotheby’s
A 311-year-old Stradivarius violin sold for $11.25 million at Sotheby’s on Friday, in a closely watched auction that drew interest from…
Business
Creative H1 loss widens to S$6.1 million on higher expenses
Uncertainty over import tariffs by the US and potential retaliatory measures from affected countries may affect consumer demand, says the…
Business
Creative H1 loss widens to US$6.1 million on higher expenses
Uncertainty over import tariffs by the US and potential retaliatory measures from affected countries may affect consumer demand, says the…
Business
Kia contests US$14 million India tax demand for wrongly using trade treaty exemptions
Tax investigations in India can drag on for years and are often a sore point for foreign companies KIA on Friday (Feb 7) said it is…
Business
NoonTalk Media’s half-year loss narrows to S$0.9 million
ENTERTAINMENT company NoonTalk Media’s net loss for the six months ended Dec 31, 2024, was down to S$0.9 million from the S$1.3 million…
Business
F&N Q1 profit up 18.8% at S$52 million as soft drinks, beer sales jump
BEVERAGE maker F&N reported a net profit of S$52 million for the first quarter ended Dec 31, an 18.8 per cent increase from S$43.8 million…
Business
Singtel secures S$643 million green loan for new data centre in Tuas
SINGTEL’S regional data centre arm, Nxera DCT, has secured a S$643 million five-year green loan to finance the development of a new 58…
Business
Former Red Sox, White Sox Star Signs $5 Million Deal With Angels: Reports
By J.P. Hoornstra writes and edits Major League Baseball content. A veteran of 20 years of sports coverage for daily newspapers in…
Business
Cathay Cineplex has paid back S$12 million owed to landlords; remaining S$2.7 million is a quarter of total sum
mm2 Asia says slower-than-expected recovery of the cinema industry hit the cinema chain’s ability to pay its arrears on a timely basis THE…
Business
BRC Asia Q1 profit after tax rises 13.9% to S$19.5 million
This is despite revenue falling 12.4% year on year to S$349.8 million, from S$399.2 million STEEL fabricator BRC Asia on Thursday (Feb 6)…
Business
Japan Foods sinks into the red with S$2.9 million loss in Q3
JAPAN Foods sank into the red with a net loss of S$2.9 million for its third quarter ended Dec 31, 2024, compared with a net profit of…
Business
Japan Foods sinks into the red with 9M loss of S$2.9 million
JAPAN Foods sank into the red with a net loss of S$2.9 million for the nine months ended Dec 31, 2024, compared with a net profit of…