Net
First half net profit plunges 22% at French luxury group LVMH
[PARIS] French luxury group LVMH saw net profit plummet 22 per cent in the first half of 2025, the company announced on Thursday, blaming the plunge on an “unsettled economic and...
Aztech Global H1 net profit drops 65.5% to S$16.1 million on subdued customer demand
[SINGAPORE] Aztech Global’s net profit plunged 65.5 per cent to S$16.1 million, from S$46.7 million, for the first half ended Jun 30, 2025. Similarly, revenue declined by 50.3 per...
SIA Engineering Q1 net profit rises 29.2% to S$42.9 million on strong MRO demand
[SINGAPORE] Aircraft maintenance provider SIA Engineering Company (SIAEC) on Tuesday (Jul 22) reported a net profit of S$42.9 million for the first quarter ended Jun 30, up 29.2 per...
Creepy find: German customs net tarantulas in cookie shipment
German customs officers have discovered a massive haul of about 1,500 tarantulas hidden inside a shipment disguised as cookies, authorities said Monday.The seven-kilogramme (15-pound) shipment from Vietnam was intercepted...
Industrials take sector lead in 2025 net institutional inflow
Over the five trading sessions from Jul 4 to 10, institutions were net buyers of Singapore stocks, with net institutional inflow of S$94 million adding to the S$184 million...
Jack Ma-backed Ant to add Circle’s stablecoin to global net: sources
[HONG KONG] Jack Ma-backed Ant Group is working with Circle Internet Group to adopt its stablecoin on the Chinese fintech company’s blockchain platform, according to people familiar with the...
Navigating the “Subversive Safety Net” in Venice Beach
The patina of “peace and love” belies the fact that Venice remains a highly policed public space, where “the rules of the game continued to change” for those on...
QAF expects ‘material reduction’ in net profit for H1 2025
Business performance is affected by increased operating costs, unfavourable foreign exchange movements, and a higher non-cash impairment of its investment in its joint venture[SINGAPORE] Food manufacturer and distributor QAF...
Reits and tech lead net institutional inflows; Frencken chair and DHLT CEO raise their stakes
[SINGAPORE] Over the five trading sessions from Jun 20 to 26, institutions remained net sellers of Singapore stocks, with net institutional outflow of S$248 million following the S$74 million...
Hit by Tariffs, U.S. Furniture-maker MillerKnoll Swings to Net Loss in Fiscal 2025
MILAN — MillerKnoll, a leading American furniture-maker known for its iconic midcentury modern designs, was hit by taxes and U.S. President Donald Trump’s trade policy in its fiscal full year...
