Fashion
Marco Polo Marine H2 profit jumps over 4 times to S$47.9 million on impairment reversals
This is attributed to a combination of stronger underlying performance and several extraordinary gains[SINGAPORE] Marco Polo Marine posted on Saturday (Nov 29) a more than four times, or 348...
Japanese firms scale back investment as tariff headwinds hit
Monday’s figures will be factored into revisions made to third-quarter GDP data due Dec 8[TOKYO] Japanese businesses trimmed back their capital spending over the summer after five straight quarters...
Low Keng Huat controlling shareholders launch delisting offer at S$0.72 a share
The cash offer price represents a premium of 17.1% over the last transacted price of S$0.615 per share[SINGAPORE] The majority shareholders of Low Keng Huat (Singapore) (LKH) have launched...
Manulife US Reit proposes strategic pivot to retail, living, industrial sectors
It seeks mandates for US$350 million in divestments and US$600 million in acquisitions[SINGAPORE] Manulife US Reit is seeking unitholder approval for a growth plan that simultaneously expands its investment...
Databricks in talks to raise capital at US$134 billion valuation: report
[BENGALURU] Data analytics firm Databricks is in talks to raise US$5 billion at a valuation of US$134 billion, which is roughly 32 times this year’s expected sales of about...
Centurion takes 25% stake in Perth student accommodation project for A$6m
The site has obtained development approval for a 472-bed facility across 440 units[SINGAPORE] Centurion Corporation has expanded its Australian footprint into Perth, Western Australia, acquiring a 25 per cent...
South Korea’s small-cap Kosdaq index surges on report of tax breaks
The Kospi has jumped 64% so far this year, making it one of the world’s best-performing indexes[SEOUL] South Korea’s Kosdaq Index surged after a local media report that the...
Recovery in investment banking activity likely to continue into 2026 amid positive macro environment
[SINGAPORE] Improved macroeconomic conditions have led to a recovery in investment banking activity across Asean this year – and bankers expect the momentum to continue into 2026. Interest rates...
OCBC’s Lion Global Investors bets on mid-caps and gold investments
CEO Teo Joo Wah notes that the mid-cap segment is more labour-intensive in terms of research effort but is optimistic that it will pay off[SINGAPORE] The mid-cap segment of...
Opec+ holds oil output steady, agrees capacity mechanism
Other members, such as African countries, have seen declines in production capacity but are resisting quota cuts[LONDON/MOSCOW] The Organization of the Petroleum Exporting Countries and allies led by Russia...
Asia Artist Awards (AAA) 2025: A Complete Guide to 10th Annual Glam Event
Asia Artist Awards (AAA) 2025 will kickstart with a live broadcast from the National Stadium in Kaohsiung City, Taiwan, on Saturday (December 6). The tenth annual award ceremony will...
Rahmanullah Lakanwal: Afghan Terror Suspect Who Shot Dead National Guard Member in DC Was ‘Radicalized’ after Entering US, Kristi Noem Claims
The man accused of opening fire on two National Guard members in Washington, DC, last week was likely "radicalized" after arriving in the US, Homeland Security Secretary Kristi Noem...