News
Debt-ridden mm2 Asia’s H1 net loss deepens to S$39.7 million as existential threat looms
[ad_1] [SINGAPORE] Entertainment group mm2 Asia on Thursday (Nov 13) reported a net loss of S$39.7 million for the half-year ended Sep 30, widening from the net loss of S$3.9...
SIA posts 67.8% drop in net profit to S$238.5 million for H1; declares special dividend package
[ad_1] The group attributes the decline in earnings to losses by its associate Air India, which were not included in previous year’s results[SINGAPORE] National carrier Singapore Airlines (SIA) posted a...
SIA posts 82.1% drop in net profit to S$52 million for Q2; declares special dividend package
[ad_1] The group attributes the decline in earnings to losses by its associate Air India, which are not included in previous year’s results[SINGAPORE] National carrier Singapore Airlines (SIA) posted a...
Tencent posts 15% revenue jump, sustaining growth without splashy AI bets
[ad_1] China’s most valuable company reports sales of 192.9 billion yuan for the three months ended September[SHENZHEN, China] Tencent Holdings posted a faster-than-anticipated 15 per cent rise in revenue, sustaining...
DBS, Ant International expand partnership to boost cross-border payments
[ad_1] [SINGAPORE] Singapore’s biggest bank DBS Group and Ant International have signed a memorandum of understanding to expand their partnership and scale up cross-border payments and fintech services.The deal, announced...
Toyota opens US battery plant, confirms US$10 billion investment plan
[ad_1] TOYOTA Motor said on Wednesday it had begun production at its US$13.9 billion North Carolina battery plant as it ramps up hybrid production and confirmed plans to invest US$10 billion...
MAS to trial issuance of tokenised bills, releases guidelines for AI in financial sector
[ad_1] [SINGAPORE] The Monetary Authority of Singapore (MAS) will be trialling the issuance of tokenised bills to primary dealers, which will then be settled with central bank digital currencies (CBDCs)....
ST Engineering shares jump as much as 4.1% on revenue increase, special dividend
[ad_1] [SINGAPORE] Shares of ST Engineering jumped as much as 4.1 per cent on Thursday (Nov 13) after an increase in its nine-month revenue.The counter climbed S$0.34 to S$8.63 as...
Boeing ordered to pay more than US$28 million to 737 MAX crash victim’s family
[ad_1] [CHICAGO] A jury in federal court in Chicago ordered Boeing on Wednesday to pay more than US$28 million to the family of a United Nations environmental worker who was...
Waymo taxis are coming to Los Angeles and Bay Area freeways
[ad_1] Nearly one year after Waymo launched its autonomous ride-hailing service in Los Angeles, the company is ready to take on freeways. Waymo announced Wednesday that it would begin taking...
