News
Del Monte Pacific Q2 net profit up 630.4% at 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...
Stocks to watch: ST Engineering, Frencken, The Hour Glass, Geo Energy, Stamford Land
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Monday (Nov 17): ST Engineering : Its wholly owned unit has agreed to sell...
Frencken Q3 profit rises 7.5% to S$9.9 million, expects marginally lower revenue in H2
Revenue up 6.5% at S$211.5 million from S$198.6 million, driven mainly by mechatronics division[SINGAPORE] Semiconductor player Frencken posted a 7.5 per cent rise in net profit for its third...
US sanctions propel Chinese AI prodigy to US$23 billion fortune
Shares of the chip designer Cambricon Technologies have surged more than 765% over the past 24 months [BEIJING] In 2019, Chen Tianshi was a long way from becoming one...
US hopes to finalise rare earths deal with China this month: Bessent
US TREASURY Secretary Scott Bessent said on Sunday that Washington hopes to finalise a deal with China for securing supplies of rare earths by the Thanksgiving holiday at the...
Boeing says partnership for T-7 trainer export bid imminent
[DUBAI] Boeing is close to announcing a partnership to bid for an international sales opportunity for its T-7 trainer, company executives said on Sunday (Nov 16), highlighting fast-growing demand...
Luxury houses eye India, but barriers remain
India, with 1.4 billion people, offers “a promising market, but still a complicated one”[MUMBAI] The globe’s biggest luxury brands have dreamt of India’s vast consumer base for decades, but...
Korean conglomerates pledge US$464 billion of domestic investment
A trade deal with the US sparked concerns over low domestic investment and the nation’s currency[SEOUL] Samsung Electronics, Hyundai Motor Group and LG Group pledged to invest a combined...
Tan Kok Huat, CEO of Reclaims Global, boosts stake
Financial services and telecommunications booked the most net institutional inflow for the week of Nov 7 to 13[SINGAPORE] Over the five trading sessions from Nov 7 to 13, institutions...
US jury says Apple must pay Masimo US$634 million in smartwatch patent case
A FEDERAL jury in California said on Friday(Nov 14) that Apple owes medical-monitoring technology company Masimo US$634 million for infringing a patent covering blood-oxygen reading technology.The jury agreed with...
