Food Empire marks 25th year as a listco with 'best performance ever'
The Edge Singapore - Food Empire Holdings has reported earnings of US$36 million for its FY2025, down 32% from the preceding year. If the one-off accounting recognition of US$32.6 million from its redeemable exchange notes is excluded, the company's net profit would have reached a new high of US$68.6 million. Reven ...
Malaysia’s Genting dynasty gripped by RM1.6 billion inheritance battle
Tan Ai Leng - A court battle over an heiress’ estate places her final will under judicial scrutiny
Malaysia’s RM1.6 billion inheritance battle grips Genting dynasty
Tan Ai Leng - A court battle over an heiress’ estate places her final will under judicial scrutiny
Apple and Amazon took too long to remove anti-competitive clauses, Spanish watchdog says
MADRID, Feb 25 : Apple and Amazon took too long to take out anti-competitive clauses outlining Amazon's conditions as an Apple distributor that the companies had been told to remove immediately, Spain's competition regulator ruled on Wednesday.The CNMC regulator fined the two companies 194 ...
Spain's antitrust watchdog says Apple, Amazon took too long to refine anti-competitive contracts
MADRID, Feb 25 : Apple and Amazon took too long to remove anti-competitive clauses they were ordered to immediately remove from contracts outlining Amazon's conditions as an Apple distributor, Spain's competition regulator ruled on Wednesday.The CNMC regulator had slapped fines totalling 1 ...
Axon shares rise as Taser-maker's profit gets boost from government spending
Feb 25 : Axon Enterprise shares jumped 16 per cent in premarket trading on Wednesday after the Taser-maker reported fourth‑quarter profit above Wall Street expectations, on strong demand for its security devices and software products.Increased federal investment on immigration enforcement along wi ...
AEM’s net profit rises 32% to S$13.9 million for H2 FY2025; proposes resuming dividend at S$0.013
Benjamin Cher - The board of directors recommended a final dividend of S$0.013 per share for the year
Budget 2026: Singapore risks ‘missing middle’ as AI squeezes out junior roles, warns Desmond Choo
Tessa Oh - Calls to tax wealth more heavily also come up on the second day of debate on the Budget
Food outlets unfazed by Deliveroo exit, but delivery riders fear less competition
Food delivery riders are voicing concerns over reduced competition due to Deliveroo's impending exit, while most F&B businesses say the impact will be minimal due to low order volumes from the platform.
AEM reports higher FY2025 earnings; FY2026 revenue growth to come from new customer
The Edge Singapore - AEM Holdings has reported 2HFY2025 revenue of $209.1 million, which brings its full-year revenue to $399.3 million, an increase of 5%. The provider of chip testing services attributes the higher revenue number to a relatively new customer ramping up volume, at a magnitude that was able to offset fur ...
Hong Kong to tap peg defence fund for first time in 40 years
The HK$4.1 trillion fund works as a backstop for the city’s currency peg to the US dollar
Exclusive-Kazakhstan's Tengiz oil output recovery slowed by CPC loading disruption, sources say
MOSCOW, Feb 25 : Kazakhstan's vast Tengiz oilfield is restoring production more slowly than planned because of disruption caused by bad weather and drone alerts at the Caspian Pipeline Consortium (CPC) marine terminal near Novorossiysk, Russia, two industry sources told Reuters.Kazakhstan has f ...
US-UK tech deal cautiously restarts with focus on nuclear projects, FT reports
Feb 25 : The U.S. and Britain have tentatively restarted work on their multi-billion-pound "tech prosperity deal", which was paused last year after President Donald Trump piled pressure on the UK to cede ground in wider trade talks, the Financial Times reported on Wednesday.Senior U.S. and ...
As Raffles Medical celebrates its golden jubilee, the doctor calls for more patience
Jude Chan - Growth from the group’s defensive plays in China and Vietnam will take time
Alibaba pushes deeper into AI coding tools with low-cost access
The company is making an aggressive push into AI in a dramatic pivot from its traditional focus on online commerce
Circle tops revenue expectations on strong stablecoin circulation, shares soar
Feb 25 : Circle surpassed Wall Street expectations for fourth-quarter revenue on Wednesday, as income from reserves got a boost from a rise in circulation of its stablecoin token, sending its shares up nearly 30 per cent in afternoon trading.USDC, Circle's primary stablecoin, is seeing a surge ...
Circle tops revenue expectations on strong stablecoin circulation, shares surge
Feb 25 : Circle surpassed Wall Street expectations for fourth quarter revenue on Wednesday, as income from reserves got a boost from a rise in circulation of its stablecoin token, sending its shares surging over 15 per cent in premarket trading.USDC, Circle's primary stablecoin, is seeing a sur ...
Circle's fourth-quarter revenue rises on strong stablecoin circulation
Feb 25 : Circle reported an increase in fourth-quarter revenue on Wednesday, as its income from reserves got a boost from a rise in circulation of its stablecoin token, USDC.The digital token is seeing a surge in adoption as favorable regulations such as the GENIUS Act, which was signed into law by ...
Options traders price Nvidia's smallest post‑earnings swing in three years
NEW YORK, Feb 25 : Traders in the equity options market are unusually subdued about how much Nvidia's quarterly results might move the stock, even as investors hope the chipmaker's earnings report will shed light on the outlook for the artificial-intelligence trade.Nvidia options imply a m ...
Hong Leong Finance reports 40.8% fall in H2 net profit to S$30.5 million
Chloe Lim - Its board recommends a final tax exempt, one-tier dividend of S$0.0615 a share for the full year ended Dec 31, 2025
Hong Leong Finance reports S$30.5 million or 40.8% fall in H2 net profit
Chloe Lim - Its board recommends a final tax exempt, one-tier dividend of S$0.0615 a share for the full year ended Dec 31, 2025
Yangzijiang Shipbuilding posts 24.6% rise in H2 profit to 4.5 billion yuan
Benjamin Cher - It proposes a final dividend of S$0.20 per share
Woman suing Meta, YouTube over social media addiction takes the stand at trial
LOS ANGELES, Feb 25 : A California woman is set to testify in court on Wednesday about how using Meta Platforms' Instagram and Google's YouTube as a child affected her mental health, as her landmark trial in Los Angeles continues.The plaintiff, known as Kaley G.M. in court, began using Ins ...
OCBC favours special dividends over buybacks for excess capital, says new CEO
Renald Yeo - Lender seeks to reward its long-term shareholder base, says Tan Teck Long
Teetering US tech trade puts anchor on market as Nvidia test looms
NEW YORK, Feb 25 : The technology stock trade has stumbled out of the starting block in 2026, stemming from pressure from artificial intelligence disruption fears and the allure of groups that have lagged, but the broader market may struggle to make substantial gains without the heavyweight sector&# ...
As private credit worries rattle investors, mind the risks in the markets
Lee Su Shyan - Price rises need to be anchored by fundamentals. So now might be the time for investors to exercise some caution
Singapore Land H2 profit down 11% at S$160.9 million; declares dividend of S$0.045 per share
Benjamin Cher - But revenue for the period is up 6% at S$414.9 million from S$390.5 million previously
ByteDance valued at US$550 billion in proposed share sale by General Atlantic
This marks a 66% jump in value since a share buyback last year priced the company at more than US330 billion
WiseTech to axe a third of global workforce in two‑year AI pivot
Feb 25 : Australian software company WiseTech Global will axe about 2,000 jobs, nearly a third of its global workforce, in a two‑year restructuring that could rank among the country's largest artificial intelligence-linked job cuts.WiseTech, which makes shipping and logistics management softw ...
Hong Leong Asia posts 48.6% rise in H2 net profit to S$56.8 million
Chloe Lim - The board has proposed a final dividend of S$0.03 per share
HRnetGroup reports higher earnings of $52.9 mil for FY2025, up 14.3% y-o-y
Teo Zheng Long - Recruitment firm HRnetGroup (SGX: CHZ ) reported earnings of $52.9 million for FY2025 ended Dec 31, 2025, up 14.3% y-o-y. Revenue was up by 3.0% y-o-y to $584.0 million, backed by the increase in revenue for both flexible staffing (FS) and professional recruitment (PR) segments. Revenue from the FS ...
JD.com’s founder Richard Liu launches yacht brand
Liu is investing 5 billion yuan in Sea Expandary
LMIRT Q4 net property income rises 13.8% to S$31.6 million
Chloe Lim - Revenue rises 8.1% to S$53.3 million, despite rupiah’s 5.9% depreciation against Singdollar
Yangzijiang Shipbuilding's FY2025 up 30.2% to RMB8.64 bil
The Edge Singapore - Yangzijiang Shipbuilding has reported FY2025 revenue that is higher by 7.4% to RMB28.5 billion. However, with better pricing and lower costs, the company was able to grow its full-year earnings by 30.2% to RMB8.64 billion. Its order book, as at Dec 31, was US$22.4 billion for 245 vessels, with deliv ...
