News
Jumbo H1 profit falls 22.3% to S$6.2m on higher operating costs
[SINGAPORE] Jumbo Group posted a 22.3 per cent drop in net profit to S$6.2 million for its first half ended Mar 31, 2026, from S$7.9 million in the previous...
Saudi Aramco’s Q1 profit up 26% after Iran war-driven oil price rise
A key pipeline that connects its oil fields in the east to Yanbu port ‘has proven itself to be a critical supply artery’Published Sun, May 10, 2026 · 02:26...
Buybacks, director transactions and stake realignments
[SINGAPORE] Over the four sessions through to the May 7 close, 16 primary-listed companies conducted buybacks with a total consideration of S$16.1 million. At the same time, more than...
S-Reit acquisitions pick up with improved financing
[SINGAPORE] Acquisition activity among Singapore Reits (S-Reits) has picked up this year, signalling a measured return to growth as financing conditions stabilise.In the first four months of the year,...
Europe: Shares slide as Middle East tensions flare
Published Sat, May 9, 2026 · 11:15 AM[BENGALURU] European shares slipped on Friday (May 8) in broad-based losses as a flare-up in the Middle East conflict hit risk sentiment...
Jardine C&C said to explore sale of car dealership in Malaysia and Singapore
A transaction could value the business at US$250 million to US$350 million, say sourcesPublished Sat, May 9, 2026 · 10:03 AM[SINGAPORE] A unit of Jardine Matheson Group is considering...
General Motors to pay $12.5 million to settle claims it illegally sold California driver data
General Motors has agreed to pay $12.5 million dollars to settle claims that the automaker illegally sold location and driving data of hundreds of thousands of Californians, state officials...
Dasmond Koh’s NoonTalk Media narrows Q3 loss by 41.9% to S$0.4 million
[SINGAPORE] Media company NoonTalk Media on Friday (May 8) announced a loss of S$437,615 for its third quarter ended Mar 31, a narrowing of 41.9 per cent from S$752,974...
Porsche shutters three units as new CEO makes first job cuts
Published Fri, May 8, 2026 · 10:07 PMPORSCHE AG is closing three of its non-car-making units, with chief executive officer Michael Leiters cutting headcount for the first time to...
Sony, Nintendo grapple with memory price surge as AI boom constrains supply
Published Fri, May 8, 2026 · 06:59 PM[TOKYO] Nintendo and Sony both flagged the impact from surging memory prices on their games businesses on Friday (May 8), as the artificial intelligence...
