Business
Money Talk: Why Revenue Doesn't Equal Profit
When you’re running a business, it might seem like revenue is the ultimate goal. After all, more money coming in means you’re doing well,…
Section
Business
Business
Companies likely to stick with climate disclosure despite SEC rule's demise
The Securities and Exchange Commission announced moves this week that will likely end the short-lived SEC rule that would have required…
Business
Cathay Cineplexes’ rental arrears unlikely to impact FCT’s bottom line
DELAYED rental payments by cinema operator Cathay Cineplexes to its landlord Frasers Centrepoint Trust (FCT) will not significantly impact…
Business
Inside the Murdochs’ Succession Drama
On Dec. 7, Rupert formally filed his petition to strip Prue, Liz and James of their voting power. The three children quickly filed an…
Business
Mom reads to baby since day 1, can't cope with what happens one year later
A Gen Z mom has shown what happens when books are favored over screen time for babies. In a viral Instagram video shared to…
Business
Elon Musk Says He Will Drop OpenAI Bid if Company Preserves Nonprofit Mission
Elon Musk said in a court filing late Wednesday that he would withdraw his $97.4 billion bid to control OpenAI if the company dropped a…
Business
Mom asks daughter for drive-thru order—has instant regret
A mother and daughter have gone viral for a simple yet effective prank at a Starbucks drive-thru that left both of them in stitches.…
Business
Tesla Name Quietly Removed From Federal Contract After Uproar
“Nobody really knows what’s going on, between DOD, ICE, and CBP. We’ve got everybody pointing fingers, saying, ‘They’re in charge,’…
Business
Tata Power unit and ONGC sign MoU for battery energy storage systems
Tata Power Renewable Energy - (TPREL), a subsidiary of the Tata Power Company - has partnered the Oil and Natural Gas Corporation (ONGC)…
Business
Hot Inflation Raises Stakes of Trump’s Tariffs
Hot inflation has raised the stakes of President Trump’s plans to escalate his use of tariffs on the country’s biggest trading partners,…
Business
Meta opens Facebook Marketplace to rivals in EU antitrust clash
Facebook said that despite the changes, it continues to disagree with the European Commission’s decision last year, which saw Meta…
Business
US: Wall St opens higher after producer prices data
Wall Street’s main indexes opened higher on Thursday (Feb 13) as investors parsed the latest producer prices data, while the prospect of…
Business
EXCLUSIVE: Eco Wave Power Signs MoU With India's Bharat Petroleum To Develop Wave Energy
EXCLUSIVE: Eco Wave Power Signs MoU With India's Bharat Petroleum To Develop Wave Energy On Thursday, Eco Wave Power Global AB…
Business
ThaiBev Q1 revenue up 2.4% to 92.3 billion baht
Improvement driven by stronger sales of beer, non-alcoholic beverages and food segments THAI Beverage on Thursday (Feb 13) reported that…
Business
Civmec’s H1 FY2025 net profit falls 16.9% to A$26.5m
CONSTRUCTION and engineering services provider Civmec posted a net profit of A$26.5 million for the H1 FY2025, marking a 16.9 per cent…
Business
Civmec’s H1 FY2025 net profit falls 16.9% to A$26.5 million
CONSTRUCTION and engineering services provider Civmec posted a net profit of A$26.5 million for H1 FY2025, marking a 16.9 per cent decline…
Business
US Bitcoin miners disrupted by Chinese supplier under scrutiny
CRYPTO miners in the US are experiencing delays receiving deliveries of new equipment, threatening their competitiveness and profit…
Business
Ellipsiz appoints David Lum as adviser
ENGINEERING and service solutions firm Ellipsiz will appoint businessman David Lum as an adviser. In a bourse filing on Thursday (Feb 13),…
Business
US inflation data hits regional markets; STI up 0.2%
SINGAPORE equities ended Thursday (Feb 13) higher, even as US data – which indicated sticky inflation – hit regional markets. The Straits…
Business
MAS review group proposes tax perks to boost Singapore’s equities market; more details on Feb 21
THE Monetary Authority of Singapore’s (MAS) equities market review group proposes to introduce tax incentives to spur more listings and…
Business
MAS review group proposes tax perks to boost Singapore’s equities market as a start
THE Monetary Authority of Singapore’s (MAS) equities market review group proposes to introduce tax incentives to spur more listings and…
Business
Barclays sets new performance goals as 2024 pretax profit rises
BARCLAYS upped its 2025 performance guidance on Thursday (Feb 13) after posting a 24 per cent rise in annual pretax profit for 2024 that…
Business
Pension segment and new licence to grow wealth management business: iFast CEO
THE core wealth management business of iFast recovered in 2024, with net inflows of S$3.3 billion compared to S$2 billion the year prior.…
Business
January inflation in Germany drops due to some lower fuel prices
A woman holds money in her hand over of a basket full of groceries. Patrick Pleul/dpa Price pressure on consumers in Germany eased in…