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ST Engineering flags positive second-half net profit

For the nine months ended Sep 30, ST Engineering recorded a 9 per cent year-on-year increase in revenue to $9.1 billion.
For the nine months ended Sep 30, ST Engineering recorded a 9 per cent year-on-year increase in revenue to $9.1 billion.

Gold, silver plunge as traders book profit from record rallies

Spot gold fell as much as 5 per cent in New York on Dec 29, while silver plunged 11 per cent.
Spot gold fell as much as 5 per cent in New York on Dec 29, while silver plunged 11 per cent.

Meta to acquire Singapore-based AI start-up Manus

Manus, which was founded in China before moving to Singapore, sells an AI agent to businesses via a subscription service.
Manus, which was founded in China before moving to Singapore, sells an AI agent to businesses via a subscription service.

The new (young) billionaires of the AI boom

Alexandr Wang and Lucy Guo founded Scale AI, a data-labelling start-up that received a US$14.3 billion (S$18.4 billion) investment from Meta in June.
Alexandr Wang and Lucy Guo founded Scale AI, a data-labelling start-up that received a US$14.3 billion (S$18.4 billion) investment from Meta in June.

Unit of former Cathay Cineplexes operator mm2 Asia gets $18.9m payment demand from creditor

mm2 Asia on Dec 10 was given a four-month reprieve from creditors as it works out a restructuring plan, but the protection does not extend to its subsidiaries, like mmLive.
mm2 Asia on Dec 10 was given a four-month reprieve from creditors as it works out a restructuring plan, but the protection does not extend to its subsidiaries, like mmLive.

US stocks end down as tech shares drop ahead of New Year

Traders working on the floor of the New York Stock Exchange, in New York City.
Traders working on the floor of the New York Stock Exchange, in New York City.

SGX set to receive more IPOs as momentum continues

Singapore should focus on being the centre for South-east Asian companies with listing ambitions, analysts say.
Singapore should focus on being the centre for South-east Asian companies with listing ambitions, analysts say.

Singapore stocks close lower amid silver rally, with Keppel DC Reit the top blue-chip gainer

China’s LandSpace gears up to take on Elon Musk and SpaceX

A test rocket body for the Zhuque-2 program at China’s private rocket company LandSpace's factory in Huzhou, Zhejiang province, China.
A test rocket body for the Zhuque-2 program at China’s private rocket company LandSpace's factory in Huzhou, Zhejiang province, China.

BYD set to surpass Tesla as world’s top EV seller in 2025

Even as it has grown quickly, BYD has faced challenges in its home market.
Even as it has grown quickly, BYD has faced challenges in its home market.

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MDDI (P) 046/10/2025. Published by SPH Media Limited, Co. Regn. No.202120748H. Copyright © 2025 SPH Media Limited. All rights reserved.