Business
Centurion H1 net profit falls 38% to S$73.9 million on net fair value loss
Centurion Corporation, a provider of purpose-built dormitories for workers and students, saw its first half-year of FY2025 net profit drop…
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Business
Mapletree Pan Asia Commercial Trust prices S$200 million of green notes at 2.45%
Proceeds will be used to finance or refinance eligible projects of MPACT and its subsidiaries, says Reit manager Mapletree Pan Asia…
Politics
Wealthy first-time candidate Cloobeck drops $1.4 million on TV ads in the California governor's race
Wealthy first-time political candidate Stephen J. Cloobeck is spending $1.4 million on television ads starting Tuesday — the first barrage…
Fashion
Italy hands fast fashion retailer Shein €1 million greenwashing fine
The Italian Competition Authority (AGCM) announced on Monday that it had issued fast fashion company Shein with a €1 million fine for…
Business
UBS pays US$300 million to settle Credit Suisse mortgage case
Group said it reached an agreement with the US Department of Justice to resolve a legacy Credit Suisse matter related to the former bank’s…
Business
iFast books S$50.3 million net institutional inflow in five sessions
Over the five trading sessions from Jul 25 to 31, institutions were net sellers of Singapore stocks. The net institutional outflow of…
Business
Tesla ordered by Florida jury to pay US$243 million in fatal Autopilot crash
A Florida jury on Friday (Aug 1) found Tesla liable to pay US$243 million to victims of a 2019 fatal crash of an Autopilot-equipped Model…
Business
Dezign Format eyes gross proceeds of over S$6.5 million in Catalist IPO to build on its growth
Growing up, Chong Nen Sing dreamt of using his skills in design and craft to start a business where he could work with his younger…
Business
Lian Huat Building in Tras Street fetches S$90 million, among latest sub-S$100 million Singapore deals
Sub-S$100 million commercial properties continue to be in demand by property investors. Lian Huat Building, an 11-storey freehold…
Business
Del Monte Pacific hit by nearly US$800 million in losses from US unit collapse
Del Monte Pacific, which is dual-listed on the Singapore Exchange and Philippine Stock Exchange, on Thursday (Jul 31) unveiled a net loss…
Politics
Brown agrees to pay $50 million, wins back federal contracts in deal with Trump administration
By entering into the agreement, Brown ensured that the administration "will end the large-scale freeze that ultimately had implications…
Business
Jardine C&C reports 23% fall in H1 earnings to US$371 million on unrealised fair value losses
Jardine Cycle & Carriage (JC&C) on Wednesday (Jul 30) reported a 23 per cent decline in earnings to S$371.1 million for the first half of…
Business
Mapletree Logistics Trust to divest South Korean property for S$7.4 million
The proposed divestment is in line with its manager’s drive to rejuvenate its portfolio by letting go of assets no longer aligned with its…
Business
Samudera Shipping H1 profit doubles to US$41.8 million
Samudera Shipping reported a 100.4 per cent increase in net profit to US$41.8 million for its first half ended Jun 30, from US$20.9…
Business
Starhill Global Reit H2 NPI flat at S$74.5 million
The manager of (real estate investment trust) posted a net property income (NPI) of S$74.5 million for the second half ended Jun 30, 2025,…
Business
First Sponsor reports 59.2% jump in H1 earnings to S$19 million, interim dividend of S$0.011 a share
Property developer First Sponsor reported a 59.2 per cent increase in earnings to S$19 million in H1 2025 from S$11.9 million in H1 2024,…
Business
iFast posts 37.9% rise in Q2 net profit to S$22.1 million
Digital bank and wealth management platform iFast Corp reported a 37.9 per cent increase in net profit for the second quarter ended June…
Business
SingPost divests freight forwarding business Famous Holdings for S$177.9 million
Sale results in estimated realised gain on disposal of S$10.5 million and about S$104 million in cash Singapore Post (SingPost) has…
Business
Singtel unit prices S$160 million in fixed-rate notes at 2.726%
Singtel Optus, a wholly owned subsidiary of the telecommunications giant, on Monday (Jul 21) priced S$160 million in fixed-rate notes due…
Business
Lum Chang Creations’ public offer of 1 million shares 47.3 times oversubscribed
Lum Chang Creations (LCC) has drawn strong investor interest for its initial public offering (IPO), with one million offer shares about…
Business
Trek 2000 International divests stake in Terrenus Energy valued at around S$8.2 million
Technology provider Trek 2000 International announced on Thursday (Jul 17) that it will be disposing its 4.3 per cent stake in Terrenus…
Business
mm2 Asia seeks to delay S$54 million bond repayment by six years
Embattled entertainment group mm2 Asia has proposed to amend a S$54 million-bond deal that was set for redemption in December. In a…
News
22-Year-Old Arrested at Airport With $2.9 Million Worth of Narcotics
On June 28, 2025, the Atlanta Police Department revealed that a big arrest was made at the Hartsfield-Jackson Atlanta International…
News
German police seize kilos of drugs with street value of €20 million
Police in Germany seized hundreds of kilograms of stimulant drug Captagon that they found in a vegetable shop in the state of…