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Nissan posts 671 billion yen annual net loss, to shut plants and cut 20,000 jobs
[TOKYO] Japan’s Nissan on Tuesday (May 13) posted an annual net loss of 671 billion yen (S$5.9 billion) for the financial year to March 2025, while saying it plans...
SIA Engineering H2 net profit up 87.3% at S$70.8 million
SIA Engineering (SIAEC) reported an 87.3 per cent jump in net profit to S$70.8 million for the six months ended March 2025 from S$37.8 million in the same period...
F&N H1 net profit rises 0.3% to S$84.1 million as F&B sales grow
[SINGAPORE] 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 year...
Far East Orchard Q1 net profit more than doubles to S$17.3 million
[SINGAPORE] 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 31, 2025, from S$6.9 million the...
Trump Budget to Take Ax to ‘Radical’ Safety Net Programs
The Trump administration, which has made clear that it aims to slash government spending, is preparing to unveil a budget proposal as soon as next week that includes draconian...
Sinarmas Land’s H2 net profit drops 5.5% to S$154 million on lower revenue, higher costs
[SINGAPORE] Sinarmas Land reported a 5.5 per cent drop in net profit to S$154 million for the half-year ended Dec 31, 2024, from S$163 million in the same period...
CATL reports 33% jump in net income even as battery prices fall
[HONG KONG] Chinese battery making giant Contemporary Amperex Technology Co Limited (CATL) reported a 33 per cent jump in first-quarter earnings, defying a slowdown in demand for electric vehicles...
S-Reits record net institutional inflows in March as sector snaps 5-month losing streak
[SINGAPORE] Global markets experienced a sell-off after US President Donald Trump imposed a 10 per cent baseline tariff on imported goods from all countries starting Apr 5. US markets...
Car dealer Vin’s Holdings gears up to raise net proceeds of S$4 million in Catalist IPO
[SINGAPORE] Car dealer Vin’s Holdings is looking to raise net proceeds of S$4 million in an initial public offering (IPO) to drive its expansion plans, as it issues 20...