Pentagon Anthropic feud has sales and AI warfare at stake as Friday deadline looms
NEW YORK, Feb 27 : An explosive feud between the Pentagon and top artificial intelligence lab Anthropic is set to come to a head by 5:01 p.m. (2201 GMT) on Friday over concerns about how the military could use AI at war.The dispute, barreling toward a deadline set by the Pentagon for resolution, is ...
AI disruption looms over markets with US jobs data on tap
NEW YORK, Feb 27 : Prospects for artificial intelligence to disrupt business sectors should keep the U.S. stock market on edge in the coming week, as Wall Street looks for more insight into how the emerging technology will reverberate through the economy.The monthly U.S. jobs report headlines econom ...
IHH Healthcare's FY2025 earnings down 21% on stronger ringgit
The Edge Singapore - IHH Healthcare has reported 4QFY2025 earnings of RM528 million, a decrease of 28% y-o-y, bringing full-year earnings to RM2.1 billion, down 21%. While the operator of hospitals and clinics saw stronger growth especially in Malaysia and India, it suffered unfavourable currency translation effects due ...
Sheng Siong posts 14% jump in H2 profit to S$77.1 million on improved sales mix
Benjamin Cher - Increase in earnings comes as an improved sales mix and higher revenue offset rising operating costs
Sheng Siong posts 14% jump in H2 profit to S$77.1 million; proposes dividend of S$0.038
Benjamin Cher - Increase in earnings comes as an improved sales mix and higher revenue offset rising operating costs
BHG Retail Reit H2 DPU falls 72% to S$0.0007
Shikhar Gupta - Dip comes as NPI declines 6.2% to S$14 million from S$15 million in H2 FY2024
India's GDP growth estimated at 7.8% in Oct-Dec following data revamp
NEW DELHI, Feb 27 : India's economy grew 7.8 per cent in October-December from the same period a year earlier, after posting 8.4 per cent growth in the previous quarter, the government said on Friday, as it unveiled a revised series of national output data.For the full fiscal year ending in Mar ...
Dyson settles Malaysian workers' UK lawsuit
LONDON, Feb 27 : Two dozen migrant workers who alleged they were subjected to forced labour at a Malaysian factory while making parts for British vacuum cleaner manufacturer Dyson have settled their London lawsuit, their lawyers said on Friday.The 24 workers from Nepal and Bangladesh, one of whom ha ...
Haw Par posts 14.2% rise in H2 profit, proposes final dividend of S$0.02 per share
Shikhar Gupta - The company warns that uneven global economic growth and geopolitical tensions may dampen consumer confidence
Haw Par posts 14.2% rise in H2 profit, proposes final dividend of S$0.20 per share
Shikhar Gupta - The company warns that uneven global economic growth and geopolitical tensions may dampen consumer confidence
Haw Par's net profit rises 16.3% to $265.5 million as dividend income leaps 27% for FY2025
Lin Daoyi - Tiger Balm owner and manufacturer Haw Par Corporation reported a y-o-y increase of 16.3% in net profit to $265.5 million on the back of a 27% leap in dividend income for FY2025 ended Dec 31. Revenue from core operations (healthcare) declined y-o-y by 6.1% to around $230 million, with gross profit de ...
Indonesia bourse to phase in 15% free-float rule, may batch firms by readiness
[JAKARTA] The Indonesia Stock Exchange will implement in stages an upcoming requirement for companies to double their minimum free float, or freely...
Tuan Sing FY2025 earnings up more than 12 times to $32.1 mil, proposes final dividend of 0.7 cents per share
Teo Zheng Long - Tuan Sing (SGX: T24 ) has reported net profit attributable to shareholders of $32.1 million in FY2025 ended Dec 31, 2025. The significant jump in net profit attributable to shareholders was due to the $51.2 million in value uplift across its Singapore and Australian portfolio. The value uplift came ...
Singapore stocks rise on Friday amid mixed Asian performance; STI up 0.6%
Benicia Tan - The iEdge Singapore Next 50 Index sheds 0.8% or 12.59 points to 1,505.20
ISDN's FY2025 earnings down 20.7% on impairment; up 25.9% if excluded
The Edge Singapore - ISDN Holdings has reported 2HFY2025 earnings of $5.5 million, an increase of 15.4% over the year-earlier period. Even so, its full-year 2025 earnings of $6.8 million was 20.7% lower y-o-y as it had booked non-recurring, non-cash, revaluation of long-dated receivables related to its renewable energy ...
ISDN's FY2025 earnings down 20.7% on hydro assets revaluation; up 25.9% if excluded
The Edge Singapore - ISDN Holdings has reported 2HFY2025 earnings of $5.5 million, an increase of 15.4% over the year-earlier period. Even so, its full-year 2025 earnings of $6.8 million was 20.7% lower y-o-y as it had booked non-recurring, non-cash, revaluation of long-dated receivables related to its renewable energy ...
Netflix surges as investors cheer decision to exit Warner Bros race
Feb 27 : Netflix jumped more than 9 per cent on Friday as investors applauded its decision to exit the race for Warner Bros Discovery, a months-long bidding war with Paramount Skydance for some of Hollywood's most prized assets.Netflix declined to match Paramount's latest $31 per share bid ...
Netflix, Paramount shares jump as months-long fight for Warner Bros ends
Feb 27 : Netflix jumped more than 9 per cent premarket on Friday as investors cheered its decision to exit the fight for Warner Bros Discovery, while Paramount rose about 10 per cent on winning the race for some of the world's most prized TV and film assets.The end of the months-long bidding wa ...
UMS Integration's FY2025 earnings up 2% to $41.6 mil
The Edge Singapore - UMS Integration, a key contractor to the semiconductor capital equipment industry, has reported 4QYF2025 earnings of $11 million, similar to the year-earlier quarter. This brings its full-year earnings to $41.6 million, a slight increase of 2%. Revenue in the same period was up 4% to $251.1 million. ...
Global shares inch higher, on track for monthly gain despite AI, Iran jitters
TOKYO/LONDON, Feb 27 : Global shares edged up on Friday to within a fraction of a fresh record high, and were set for a monthly gain, even as geopolitical tensions and persistent concerns about AI caused wild swings under the surface.Manish Kabra, head of U.S. equity strategy at SocGen, said in the ...
Global funds dump nearly 7 trillion won of South Korean stocks after rally
Despite the massive selling by foreigners, few see this as a bearish turning point
Global funds dump nearly 7 trillion won of Korean stocks after rally
Despite the massive selling by foreigners, few see this as a bearish turning point
UOB Kay Hian H2 earnings up 27% at S$140.1 million
Therese Soh - The brokerage records top-line growth for the second half and full year
ComfortDelGro H2 earnings up 7.9% at S$124.3 million, full-year revenue hits record S$5 billion
Shikhar Gupta - Revenue reflects focused execution of its international growth strategy, says managing director and group CEO Cheng Siak Kian
ComfortDelGro H2 earnings up 7.9% at S$124.3 million, full-year revenue crosses S$5 billion
Shikhar Gupta - Revenue reflects focused execution of its international growth strategy, says managing director and group CEO Cheng Siak Kian
Attika Group reports higher earnings of $3.4 mil, up 19.3% y-o-y despite decline in revenue for FY2025
Teo Zheng Long - Attika Group (SGX: 53W ) has reported higher earnings of $3.4 million in FY2025, ended Dec 31, despite a 32.4% y-o-y decline in revenue to $37.5 million in the same period. The lower revenue recorded was primarily due to the high base effect from the completion of a significant corporate office proj ...
Sheng Siong posts 8.7% growth in FY2025 earnings to $149.5 mil
Samantha Chiew - Local supermarket operator Sheng Siong announced that its FY2025 ended Dec 31, 2025, earnings have increased by 8.7% y-o-y to $149.5 million from $137.5 million. This comes on the back of a 9.9% gain in revenue to $1.57 billion from $1.43 billion a year ago. This growth was primarily driven by the o ...
Land betterment charges upped 4.1% on average for non-landed residential, 4% for landed residential uses
Kalpana Rashiwala - LBC rates raised on average by 3.2% for industrial and 0.5% for commercial use groups; no change for hotel/hospital/nursing home use
Land-betterment charges up 0.5% to 4.1% on average for commercial, residential, industrial, place of worship uses
Kalpana Rashiwala - Rates have been left untouched for hotel/hospital use group
Petronas sees profit slide for third straight year as oil prices weigh on margins
KUALA LUMPUR, Feb 27 : Malaysian state energy firm Petroliam Nasional Bhd , on Friday warned of eroding margins amid persistent geopolitical and economic risks, as subdued oil prices saw its profits decline for the third straight year.Petroliam Nasional, or Petronas, reported a profit after tax o
Jardine C&C FY2025 earnings up 5% to US$998 mil
The Edge Singapore - Jardine Cycle & Carriage has reported earnings of US$998 million for its FY2025, up 5%. Revenue in the same period was down 4% to US$21.4 billion. Underlying profit attributable to shareholders, which the company says is a more accurate reflection of business performance, is 1% to US$1.11 billio ...
1,300 Toyota Prius units recalled in Singapore over rear doors that could open while car is moving
Rectification involves modifying door switch circuits, done free of charge, and for new cars before delivery
How Budget 2026 should affect Singaporean wallets
A wake-up call for early careerists, aspiring parents and middle-class professionals to master personal finance
SAP’s new bonus system sparks outcry over rewards for underperforming bosses
The German software company has seen high executive board turnover in the past six years
