Wilmar International's FY2025 earnings reached US$1.4 bil; one-offs result in net gain of US$103.8 mil
The Edge Singapore - Wilmar International has reported 2HFY2025 earnings of US$815.9 million, an increase of 38.3% over the year-earlier period. This brings its full-year earnings to US$1.4 billion, an increase of 20.6%. Revenue for the whole of FY2025 reached US$70.4 billion, up 4.5%. Throughout the year, the company h ...
Soilbuild reports record FY2025 earnings of $63.6 mil, 2.39 times higher y-o-y
Felicia Tan - Soilbuild Construction Group has reported record earnings of $63.6 million for the FY2025 ended Dec 31, 2025, 139.4% higher or 2.39 times up y-o-y. “FY2025 stands out as a landmark year, with our financial results highlighting nearly five decades of the group’s progress and achievements,” says ...
CSE Global H2 profit surges 87.1% to S$21.2 million on electrification segment growth
Deon Loke - A final dividend of S$0.0146 per share has been proposed
Singapore stocks fall 0.9% on Thursday as banks drag; Seatrium rises on earnings
Renald Yeo - The iEdge Singapore Next 50 Index slips 0.6% to 1,517.79
Venture posts 6.1% fall in H2 FY2025 earnings to S$114 million
Benjamin Cher - Its board has proposed a final dividend of S$0.50 per share, unchanged from the same period last year
UOL Group's FY2025 earnings up 34% to $481.7 mil
The Edge Singapore - UOL Group has reported FY2025 earnings of $481.7 million, a jump of 34%, thanks to stronger property development and property investments. Revenue in the same year was up 16% to $3.23 billion. The company plans to pay a special dividend of 7 cents per share, on top of a final dividend of 18 cents, b ...
Renminbi extends advance to mark longest winning streak since 2010
Exporters are seen stepping up foreign-currency settlements, helping the currency’s strength
Venture Corp's FY2025 earnings down 7.4% y-o-y to $227 mil
The Edge Singapore - Venture Corp has reported 2HFY2025 earnings $114 million, a drop of 6.1% over the year-earlier period. For the full year, earnings came in at $227 million, down 7.4% over the preceding FY2024. Revenue in the same half-year ended Dec 2025 was $1.27 billion, down 5.8%, with full-year revenue of $2.53 ...
TNFD case study warns of rising water stress faced by data centres, semicon fabs
Jovi Ho - Data centres and semiconductor manufacturing plants — already water-intensive facilities — are located or expanding to regions currently or at future risk from water stress, such as Northeast Asia and the western US. These challenges compound because of the interconnected water-related dependenc ...
EU court adviser rejects Meta's fight against EU antitrust demands for Facebook data
BRUSSELS, Feb 26 : An adviser to Europe's top court on Thursday backed Meta Platforms' fight against EU antitrust regulators over what the U.S. tech giant said were aberrant requests for information from the later during two investigations into the company.Meta had taken its case to the Lu ...
UBS sees 20% upside for China stocks on reflationary potential
A reflationary environment would drive a valuations re-rating and stronger earnings-per-share growth
Deliveroo's Singapore exit may lead to higher fees, fewer discounts, analysts say
With Grab and Foodpanda as the two major food delivery platforms remaining, experts say merchants and riders may eventually see higher commissions and weakened bargaining power.
ECB sees no wave of AI-led layoffs yet, Lagarde says
FRANKFURT, Feb 26 : Artificial intelligence is boosting productivity in the euro zone but it is not yet causing a wave of layoffs due to greater automation of labour, European Central Bank President Christine Lagarde said on Thursday."What we are seeing for the moment is that it's increasi ...
Maybank’s FY2025 net profit gains 4.2% y-o-y to RM10.5 bil, Maybank Singapore sees meaningful growth
Samantha Chiew - Maybank Group announced an increase in net profit to RM10.51 billion, up 4.2% y-o-y for FY2025 ended Dec 31, 2025. This was underpinned by steady income growth, disciplined cost management and resilient asset quality. Profit before tax (PBT), meanwhile rose 4.6% y-o-y to RM14.33 billion, reflecting ...
Budget 2026: Over-reliance on taxing the rich risks shifting burden to middle class, says PM Wong
Tessa Oh - Singapore will not pursue ‘jobless growth’, the prime minister pledges in his round-up speech
Deutsche Telekom beats Q4 core profit expectations
[BONN] Deutsche Telekom reported fourth-quarter core profit slightly above analyst expectations on Thursday (Feb 26), despite the impact of a weaker US...
Worst is over for Delfi, better days ahead
Samantha Chiew - For FY2025 ended Dec 31, chocolate confectionery company Delfi Limited has reported patmi of US$33.2 million, a y-o-y decline of 2.1%. Total net sales amounted to US$500.1 million, representing a slight y-o-y decrease of 0.5%. On a constant currency basis, net sales would have increased by 0.3%. Del ...
CapitaLand Development, ConcreteZero launch S’pore’s first market-wide carbon benchmark for concrete
Jovi Ho - CapitaLand Development (CLD) has contributed to Singapore’s first market-wide reference for examining the carbon footprint of concrete, created in collaboration with global coalition Climate Group’s ConcreteZero initiative. The Concrete Data for Concrete Action benchmark, published on Feb 26, wi ...
Thai Airways eyes 5% revenue growth as it adds jets, expands in Asia
The state-controlled carrier posts a full-year net income of 30.9 billion baht in 2025
CapitaLand Development and green group launch carbon footprint benchmark for concrete
Janice Lim - It aims to provide industry players in the value chain the data to identify and choose lower-carbon options
CapitaLand Development and green group launch Singapore’s first carbon footprint benchmark for concrete
Janice Lim - It aims to provide industry players in the value chain the data to identify and choose lower-carbon options
Nikkei crosses 59,000 for first time on software rally; gains shrink on profit taking
[TOKYO] Japan’s Nikkei share average surpassed the 59,000 mark for the first time on Thursday (Feb 26), led by software-related shares as...
Maybank posts higher Q4 earnings despite revenue decline
Tan Ai Leng - Singapore’s operations stay resilient while Indonesia posts a sharp earnings rebound
Australia union seeks urgent talks with WiseTech over AI‑driven job cuts
Feb 26 : An Australian trade union has sought an urgent meeting with WiseTech Global after the software firm announced it would cut about 2,000 jobs as part of a two‑year artificial intelligence-linked restructuring.Professionals Australia, which represents tech and engineering workers, said on Th ...
Mixed sentiments on Genting Singapore
Samantha Chiew - Genting Singapore (GENS) recently announced its FY2025 ended December 2025 results, which garnered mixed sentiments from the street. To recap, the Resorts World Sentosa (RWS) operator reported a 33% y-o-y drop in its FY2025 earnings to $390.3 million, on the back of a 3% dip in revenue to $2.45 bill ...
Maybank upgrades SIA to 'hold'; DBS, UOB Kay Hian maintain respective calls but raise target price
The Edge Singapore - Liu Miaomiao and Eric Ong of Maybank Securities have upgraded their call for Singapore Airlines from "sell" to "hold", as they see "robust" operating profit growth, along with a stabilisation in passenger yield. For the quarter ended Dec 2025, SIA's revenue grew by ...
Founder of scandal-hit Nidec resigns as chairman emeritus
TOKYO, Feb 26 : Japanese electric motor maker Nidec on Thursday said its founder, Shigenobu Nagamori, has resigned as chairman emeritus, amid an investigation into accounting improprieties involving a Chinese subsidiary.Nidec's announcement comes less than three months since Nagamori resigned a ...
Nidec founder Nagamori resigns as chairman emeritus, company says
TOKYO, Feb 26 : Japanese electric motor maker Nidec said on Thursday that founder Shigenobu Nagamori had resigned as the company's chairman emeritus.The move comes less than three months after Nagamori stepped down as chairman and resigned from the board amid an investigation into accounting ir ...
DBS Group Research maintains ‘buy’ on Stoneweg Europe Stapled Trust with slightly higher target price
Teo Zheng Long - Dale Lai of DBS Group Research is keeping his “buy” recommendation on Stoneweg Europe Stapled Trust (SGX: SET ) (SERT) with a target price of EUR1.90, following the recent FY2025 results. Gross revenue for FY2025 rose 0.8% y-o-y to EUR214.6 million and net property income (NPI) increased 2.5% y- ...
Schneider beats profit expectations as data center demand offsets weak dollar
Feb 26 : French industrial group Schneider Electric on Thursday reported stronger-than-expected core earnings, driven by robust data centre demand, supporting its 2026 outlook despite pressure from a weakening dollar.The group reported triple-digit year-on-year growth within its pure data centre seg ...
Schneider beats profit expectations on data center demand
Feb 26 : French industrial group Schneider Electric on Thursday reported stronger-than-expected core earnings, driven by robust data centre demand, and provided 2026 expectations that analysts saw as conservative.The company also announced that its CFO Hilary Maxson would leave the company on April ...
Apple in talks with banks to start payment service in India, Bloomberg News reports
Feb 26 : Apple is in talks with several Indian banks and global card networks as it prepares to launch its Apple Pay service in India, Bloomberg News reported on Thursday, citing people familiar with the matter. The iPhone maker is in talks with ICICI Bank, HDFC Bank and Axis Bank, as it aims to int ...
Rare earth shortages worsen in US aerospace, chips despite trade truce: sources
Engine makers are already struggling to meet demand for spare parts from airlines and higher production by planemakers
After a year, Indonesia’s Danantara under pressure to prove governance and returns
Elisa Valenta - As the sovereign investment vehicle enters its second year, analysts expect greater focus on performance metrics
