Fashion
Sea stays above water, posts US$153.3 million Q3 profit
The company beat estimates from a Bloomberg poll of 13 analysts, which projected a net profit of US$128.6 millionGAMING and e-commerce player Sea reported a US$153.3 million net profit for...
Bukit Sembawang reports surge in H1 FY2025 earnings to S$62.9 million
PROPERTY developer Bukit Sembawang reported a 149 per cent surge in H1 FY2025 ended Sept 30 earnings to S$62.9 million from S$25.2 million the previous year.In a bourse filing on...
Bukit Sembawang’s H1 FY2025 earnings surge to S$62.9m
PROPERTY developer Bukit Sembawang reported a 149 per cent surge in earnings to S$62.9 million for the first half of FY2025 ended Sep 30, from S$25.2 million the previous year.In...
Boustead Singapore posts 34% higher H1 profit of S$36 million
INFRASTRUCTURE-RELATED engineering and technology group Boustead Singapore posted a 34 per cent rise in net profit to S$36 million for its first half of FY2025 ended Sep 30, 2024. The...
Singapore stocks fall as US dollar strength weighs on Asian stock indices; STI drops 0.8%
The trade-weighted US dollar index is at its highest since Jul 2, and up 4.9% in this quarterSINGAPORE stocks fell on Tuesday (Nov 12) as regional sentiment weakened after the...
German chemicals giant Bayer cuts key target amid weedkiller woes
GERMAN chemicals giant Bayer cut its forecast for 2024 operating earnings on Tuesday (Nov 12), after a poor performance in its agrochemicals division hit quarterly profits. The group reported a...
Shell wins appeal against landmark Dutch climate ruling
It is unclear whether demands on the company to reduce emissions caused by use of Shell products will help the fight against climate change, court saysOIL and gas company Shell...
DBS nominates Rajat Verma to be next India CEO: sources
DBS’ India unit has nominated its head of institutional banking, Rajat Verma, to be its new CEO, two people familiar with the matter said.
Verma is slated to replace Surojit Shome,...
Britain’s FCA fines Metro Bank £16 million for anti-money laundering failings
BRITAIN’S Financial Conduct Authority (FCA) has fined Metro Bank £16 million (S$27.4 million), for failings in its anti-money laundering controls between June 2016 and December 2020.
The bank failed to have...
Airbus says China certification for A330neo jet progressing smoothly
THE head of Airbus China said on Tuesday (Nov 12) that Chinese certification of its A330neo jet was going smoothly and the first delivery of the widebody model in the...