Lifestyle
Singapore shares rise at Friday’s open; STI up 0.1%
SINGAPORE shares began Friday (Feb 7) trading in positive territory as markets abroad mostly closed higher. As at 9.01 am, the Straits Times Index (STI) was up 0.1 per cent...
Singtel secures S$643 million green loan for new data centre in Tuas
SINGTEL’S regional data centre arm, Nxera DCT, has secured a S$643 million five-year green loan to finance the development of a new 58 megawatt data centre in Singapore.
Participating...
Apple’s long-awaited overhaul of iPhone SE nears release
APPLE plans to unveil a long-anticipated overhaul of the iPhone SE in the coming days, a move that will modernise its lower-cost model in a bid to spur growth...
Amazon offers weak outlook on rising spending for AI
AMAZON.COM projected profit in the current quarter that fell short of analysts’ estimates, suggesting the company continues to ramp up spending to support artificial intelligence (AI) services.Operating income will...
BRC Asia Q1 profit after tax rises 13.9% to S$19.5 million
This is despite revenue falling 12.4% year on year to S$349.8 million, from S$399.2 millionSTEEL fabricator BRC Asia on Thursday (Feb 6) announced its profit after tax rose 13.9...
Japan Foods sinks into the red with 9M loss of S$2.9 million
JAPAN Foods sank into the red with a net loss of S$2.9 million for the nine months ended Dec 31, 2024, compared with a net profit of S$668,000 in...
Shein,Temu retailers slapped with 30% levy on US bound goods
Chinese retailers that sell on Shein and PDD Holdings’ Temu platform say they have been asked by logistics agents to start paying an additional 30 per cent levy after...
Maersk Q4 profit beats forecast, expects softer 2025 earnings
The Danish company, viewed as a barometer of world trade, said it expects an underlying Ebitda result of between US$6 billion and US$9 billion this yearMAERSK on Thursday (Feb...
