Entrepreneurship

ExxonMobil sees US$1.5 billion earnings hit from lower oil, gas prices
[ad_1] The company “has a much smaller trading organisation than its European peer Shell, and thus was not impacted by the same issues”Published Tue, Jul 8, 2025 · 06:14 AM[HOUSTON]...
US: Stocks retreat from records on Trump tariff deluge
[ad_1] [NEW YORK] Wall Street stocks fell on Monday, retreating from records after President Donald Trump announced fresh tariff threats, reviving anxiety about trade uncertainty.Both the S&P 500 and Nasdaq had closed...
Del Monte Philippines’ FY2025 Ebitda rises 40%, as exports growth drives sales
[ad_1] [SINGAPORE] Del Monte Philippines said earnings for the year ended May 2025 rose, powered by higher domestic and international sales.The subsidiary of Philippine and Singapore-listed Del Monte Pacific said...
‘No perfect timing’: NTT DC Reit launches biggest S-Reit IPO in over a decade to raise US$773 million
[ad_1] [SINGAPORE] The manager of NTT DC Reit believes the timing is “not perfect” for an initial public offering (IPO) as the market is still not stable. But it is...
Australia’s Star Entertainment gets last-minute extension on threatened casino deal exit
[ad_1] Published Mon, Jul 7, 2025 · 11:33 AM[BENGALURU] Australia’s Star Entertainment said it had secured a last-minute reprieve from Hong Kong investors who had threatened to abandon their Queen’s...
Richard Li’s FWD rises in HK debut, reversing earlier declines
[ad_1] [HONG KONG] Billionaire Richard Li’s FWD Group Holdings rose in its Hong Kong trading debut, reversing earlier declines, after an initial public offering (IPO) that raised HK$3.5 billion (S$570...
Data Protection Trustmark elevated to Singapore Standard
[ad_1] [SINGAPORE] With a more developed data protection ecosystem already in place, the next step is for more formal standards to be put in place, said Minister for Digital Development...
After petrol, China’s oil refiners face a jet fuel glut
[ad_1] [NEW YORK] China’s oil refiners are grappling with an oversupply of jet fuel, in yet another blow to the bottom line of a sector already dealing with ebbing demand...
Ship hit in Red Sea as Israel strikes Houthi-controlled ports
[ad_1] Published Mon, Jul 7, 2025 · 09:21 AM[AMMAN] Multiple small vessels attacked a ship in the Red Sea near Yemen’s Al Hudaydah port, causing a fire on board and...
Del Monte Pacific expects capital deficit from write-offs of US unit’s bankruptcy
[ad_1] Its equity investment in Del Monte Foods and receivables due from the unit are expected to be subject to impairment[SINGAPORE] Del Monte Pacific expects to record a capital deficit...
Oil tumbles as Opec+ hikes August output more than expected
[ad_1] [SINGAPORE] Oil prices slipped more than 1 per cent on Monday after Opec+ surprised markets by hiking output more than expected in August, raising concerns about oversupply.Brent crude futures fell...
Reit-owned malls more likely to forgo higher rents for right tenant mix
[ad_1] [SINGAPORE] For Singapore-listed real estate investment trusts (S-Reits), rent increases are tempered by longer lease terms, a need to curate tenant mixes to drive foot traffic, and a focus...