Company results

Broadcom shares tumble after its AI chip forecast disappoints investors

Broadcom has been one of the biggest beneficiaries of the AI race.

Victoria’s Secret shares soar 50% after moves to bring ‘sexy’ back

The company has revived its popular annual runway show and changed its stock ticker to VSXY from VSCO, saying “sexy has always been part of our DNA'.

Market Insights

SATS jumps after record $6 billion revenue, while Mary Chia reports a loss due to leaner sales

SATS on May 26 reported record revenues of $6.35 billion for the 2026 financial year, which ran from April 1, 2025, to March 31.

Singtel’s shares down 6.4% as S’pore business weakens: Key takeaways from telco’s full-year results

Singtel revealed persistently tough conditions for its consumer business in Singapore.

Shopee delivers record results in Q1 on the back of AI usage

Shopee’s gross merchandise value grew 30 per cent year on year in the first quarter.

Genting Singapore rolls out new attractions as Middle East tensions weigh on earnings

Resorts World Sentosa (RWS) is stepping up efforts to refresh its attractions and broaden revenue streams as the conflict drives up costs and weighs on travel demand and consumer sentiment.

OCBC’s wealth business drives Q1 profit up 5% to $1.97 billion, more than expected

OCBC saw record non-interest income, led by strong growth in wealth management.

UOB to double wealth income by 2030 by better tapping growing pool of rich customers: CEO

Net profit for the quarter ended Mar 31 was $1.44 billion, down 4 per cent from $1.49 billion a year ago, but beating analysts’ expectations of $1.39 billion in a Bloomberg poll.

News analysis

From rides to routines: How Grab is shaping daily habits to keep users hooked

The number of people using the Grab app monthly climbed to 52 million in the first quarter - a 24 per cent year-on-year growth.

Chinese EV giant BYD reports 55% drop in Q1 net profit

Shenzhen-based EV and battery giant BYD achieved a profit of 4.08 billion yuan (S$763.7 million) during the first three months of the year, the statement showed, down 55 per cent year-on-year.

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MDDI (P) 046/10/2025. Published by SPH Media Limited, Co. Regn. No.202120748H. Copyright © 2026 SPH Media Limited. All rights reserved.