Entrepreneurship

NetLink Trust reports 9.2% fall in Q1 FY2026 earnings to S$23.3 million on lower Ebitda, expanded asset base
[ad_1] But its revenue was up 1.9% year on year at S$102.8 million; Ebitda took a dip of 1.9% to S$70 million[SINGAPORE] The manager of NetLink NBN Trust on Thursday...
Trump’s tariff on India to do little to upset iPhone manufacturing plans
[ad_1] [BENGALURU] US President Donald Trump’s 25 per cent tariffs on Indian goods will do little to slow the role of the country as a key hub for manufacturing iPhones,...
Singapore’s Perennial setting up 500 million yuan general hospital in Shanghai
[ad_1] [SINGAPORE] Singapore-based real estate and healthcare company Perennial Holdings announced on Thursday (Jul 31) that it has entered into a partnership with the Lujiazui Administrative Bureau of the China...
Shell’s profit drops by almost a third on lower oil prices, but beats expectations
[ad_1] [LONDON] Shell’s second-quarter net profit tumbled by almost a third on Thursday (Jul 31), dragged down by a drop in oil prices, lower gas trading results and outage-related losses...
Rolls-Royce raises profit and cash flow outlook after strong H1
[ad_1] [LONDON] British aero-engineer Rolls-Royce raised its full-year outlook for both operating profit and free cash flow on Thursday (Jul 31) after it navigated supply chain challenges and tariffs to...
China’s cyberspace regulator summons Nvidia over H20 chip security risks concerns
[ad_1] Published Thu, Jul 31, 2025 · 02:04 PM[BEIJING] China’s cyberspace regulator said that it has asked US semiconductor maker Nvidia to explain whether its H20 artificial intelligence (AI) chips...
Singapore, Asia equities with high yields, growth potential focus of JPMAM’s MAS EQDP fund strategy
[ad_1] [SINGAPORE] JP Morgan Asset Management (JPMAM) intends to focus on small- and mid-cap (SMID) Singapore stocks, as well as high-yielding markets in the Asia-Pacific, to revitalise investor interest in...
Bank of Japan turns less gloomy on economy, keeps rate-hike chance alive
[ad_1] [TOKYO] The Bank of Japan (BOJ) revised up its inflation forecasts on Thursday (Jul 31) and offered a less gloomy outlook on the economy than three months ago, keeping...
OpenAI hits US$12 billion in annualised revenue, The Information reports
[ad_1] Published Thu, Jul 31, 2025 · 11:01 AMCHATGPT-MAKER OpenAI roughly doubled its revenue in the first seven months of the year, reaching US$12 billion in annualised revenue, The Information...
Seatrium shares tumble 5.4% after fines, despite strong H1 results
[ad_1] The company will pay S$240 million in financial penalties to settle corruption offences[SINGAPORE] Shares of Seatrium dived 5.4 per cent shortly after market open on Thursday (Jul 31) despite...
Over 120 flights disrupted by UK tech glitch
[ad_1] [LONDON] Scores of flights to and from UK airports were cancelled on Wednesday due to a technical glitch, according to the air traffic control service, prompting anger from airline...
Grab reports Q2 2025 earnings of US$35 million on higher revenue and margins
[ad_1] [SINGAPORE] Superapp Grab reported Q2 2025 earnings of US$35 million, reversing from a loss of US$53 million in the same year-ago period.This was driven by operating profit and lower...