Real Estate
Low-carbon hydrogen: Timely for Singapore to deepen research
SINGAPORE is deepening research on low-carbon hydrogen as an energy source – a timely move even with mixed sentiment around the fuel. On Aug 6, the Energy Market Authority...
Yoma says new directors have ‘sufficient time and bandwidth’ to fulfil responsibilities
MYANMAR-BASED Singapore-listed conglomerate Yoma Strategic Holdings said its two newly appointed directors have “sufficient time and bandwidth” to fulfil their responsibilities, in response to a query from the stock...
Frencken posts 50.3% rise in H1 profit to S$18.1 million
SEMICONDUCTOR player Frencken on Wednesday (Aug 14) reported a 50.3 per cent increase in profit to S$18.1 million in H1 2024, from S$12.1 million in H1 2023.Revenue for the...
China Aviation Oil H1 profit doubles to US$42.4 million on oil price, business volume increases
JET fuel buyer China Aviation Oil (CAO) posted a net profit of US$42.4 million for the first half ended Jun 30, a 114.8 per cent year-on-year leap from US$19.7...
US lenders push Indian ed-tech giant Byju’s towards insolvency
INDIA’S top court on Wednesday (Aug 14) revived insolvency proceedings against education technology company Byju’s following a lawsuit by a trust representing US lenders who say they are owed...
Tencent sales growth sped up after blockbuster game release
TENCENT Holdings’ revenue growth accelerated after the blockbuster summer release of Dungeon & Fighter Mobile helped lift China’s most valuable company out of a gaming trough.China’s most valuable company...
Mars to acquire Cheez-It, Pringles maker Kellanova in mega US$36 billion deal
FAMILY-OWNED candy giant Mars, whose brands include M&M’s and Snickers, said on Wednesday (Aug 14) it would buy Cheez-It and Pringles maker Kellanova in a nearly US$36 billion deal,...
iPhone maker Hon Hai beats profit estimates thanks to AI boom
APPLE’S main manufacturing partner Hon Hai Precision Industry reported better-than-expected profit in the second quarter as the device assembler benefited from strong demand for servers powering AI applications.
The iPhone...
