Entrepreneurship
Del Monte Pacific Q2 net profit jumps seven times to US$16.8 million
[SINGAPORE] Mainboard-listed Del Monte Pacific said on Monday (Nov 17) that its net profit for its second quarter of FY2026 rose to US$16.8 million from US$2.3 million in the...
ST Engineering sells 49% stake in Shanghai MRO JV to China Eastern Airlines for 680.5 million yuan
The move will yield a one-off gain of around S$48.1 million, based on the S$60.2 million carrying value for Starco[SINGAPORE] ST Engineering has agreed to sell its entire 49...
GBP/USD at an inflection point after a strong first half of 2025
[SINGAPORE] The British pound (GBP) has enjoyed a robust first half of 2025 against the US dollar (USD), driven largely by sustained dollar weakness. The GBP/USD pair bottomed out...
Should the S$5 billion EQDP roll-out be slowed amid elevated valuations, global market risks?
Even if the worries of a disorderly correction are overblown, some richly priced stocks may struggle to deliver worthwhile returns over the next couple of years[SINGAPORE] If I had...
Why Chinese shoppers are choosing local luxury over LVMH
[BEIJING] When Bernard Arnault, one of the world’s richest men and chairman of LVMH, dropped by Shanghai in September, many assumed his itinerary would be routine: check in on...
Pop Mart’s Labubu risks beanie baby-style collapse: analyst
[HONG KONG] The euphoria surrounding Labubu toys is starting to resemble the boom-and-bust cycle that ended in the collapse of Beanie Babies in the 1990s, a warning sign for...
Consumers feel pinch at pump as Russia drives oil refining boom
(Bloomberg) – It’s a great time to be an oil refiner – but a less great time to be filling up at the pump.In Europe, the US and Asia,...
Oil settles up more than 2% as Russian port suspends oil exports after Ukrainian attack
[HOUSTON] Oil prices settled more than 2 per cent higher on Friday (Nov 14) as Russia’s port of Novorossiisk halted oil exports following a Ukrainian drone attack that hit...
Europe: Shares fall as US rate cut expectations wane; UK fiscal worries resurface
EUROPEAN shares fell on Friday (Nov 14), as hawkish commentary from US policymakers dampened expectations of an imminent interest rate cut, even as the benchmark Stoxx 600 index registered...
Stamford Land H1 profit rises 4.1% to S$15.8 million on higher hotel room rates
[SINGAPORE] Stamford Land reported a 4.1 per cent rise in net profit to S$15.8 million for its first half ended Sep 30, from S$15.2 million in the year-ago period.This...
