Entrepreneurship
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 in the same period...
Cathay Cineplex has paid back S$12 million owed to landlords; remaining S$2.7 million is a quarter of total sum
THE S$2.7 million in rental arrears by Cathay Cineplex to the landlords of its two cinemas represents a quarter of the total payment it owed between Apr 1, 2020,...
US: Wall St opens higher after big corporate results
Wall Street’s main indexes opened slightly higher on Thursday (Feb 6), as investors evaluated earnings from companies including Honeywell and markets awaited US President Donald Trump’s next move on...
Shein, Temu retailers slapped with 30% levy on US bound goods
Chinese retailers that sell on Shein and PDD Holdings’ Temu platform say they have been asked by logistics agents to start paying an additional 30 per cent levy after...
ST Engineering bags new contracts worth S$4.3 billion in Q4 2024
ST ENGINEERING on Thursday (Feb 6) announced that it secured S$4.3 billion in new contracts in the fourth quarter of 2024.These comprise S$1.8 billion from the commercial aerospace segment,...
DeepSeek fever fuels patriotic bets on China AI stocks
CHINESE investors are rushing into AI-related stocks, betting the artificial intelligence advance of home-grown startup DeepSeek will lead to a boom in the sector and give the initiative to...
Maersk eyes 4% market growth in 2025, uncertainty over tariffs and Red Sea
MAERSK on Thursday (Feb 6) said it expects to grow its business to track an expected 4 per cent growth in global container shipping this year, even as profits...
SGX seeing ‘improved momentum’ in IPO pipeline, hopeful that listings will exceed last year’s
More companies could be listing here this year with the Singapore Exchange (SGX) seeing an improved pipeline of initial public offerings (IPOs), the bourse operator said.SGX chief executive officer...
Saudi Aramco boosts prices to Asia as Middle Eastern crude soars
SAUDI Arabia hiked the price of its flagship crude to Asia by the most in more than two years as the kingdom responds to surging premiums for Middle Eastern...
Gold firms near record peak as trade war concerns linger
GOLD prices inched higher on Thursday (Feb 6) to hover near an all-time high hit in the last session, as Sino-US tariff war concerns boosted safe-haven demand, while investors...
