• Mapletree Investments FY2026 net profit rises 25.7% to S$285.6 million on lower revaluation losses

    The Temasek-owned property giant’s AUM stands at S$76.2 billion as at end-March[SINGAPORE] Lower revaluation losses helped pull Mapletree Investments’ net profit up 25.7 per cent to S$285.6 million for the full-year ended Mar 31, 2026, from S$227.2 million in the year-ago period.The asset manager, fully owned by Singapore investment company Temasek, on Tuesday (Jun 2) said net revaluation and impairment losses narrowed from negative S$325 million in FY24/25 to negative S$153.9 million in FY25/26. China contributed to the largest share of revaluation losses.Revenue for the period was flat at about S$2.2 billion, while recurring profit after tax and minority interests…

Business

  • The Job Market Is Stable But Workers Say It Feels Frozen: Report

    A new analysis looking at various aspects of the economy shows a labor market that looks stable on paper but feels punishing for many job seekers as unemployment remains relatively low, layoffs have not surged, and employers are still adding jobs. But hiring has slowed, workers are quitting less often,…

Lifestyle

  • Don’t let RFK Jr distract from the big health threat: Sugar

    It’s not the food dye in Froot Loops that Americans should fear; it’s the more than 66 pounds of sugar they consume a year ARE there “toxic chemicals” in food killing Americans? That fear is getting lots of attention thanks to Robert F Kennedy Jr, president-elect Donald Trump’s pick to…

National

  • Oil little changed as Trump visits China

    The International Energy Agency said global oil supply would not meet total demand this year Published Wed, May 13, 2026 · 08:59 PM [LONDON] Oil prices were little changed on Wednesday as investors monitored a fragile Middle East ceasefire and awaited a high-stakes summit in Beijing between US President Donald…

World

  • US said to suspect Nvidia chips smuggled to Alibaba via Thailand

    Since 2022, Washington has effectively blocked these processors from going to China over concerns that advanced AI could lend Beijing a military edge A KEY company behind Thailand’s national AI effort is suspected of helping to smuggle billions of dollars worth of Super Micro Computer servers containing advanced Nvidia chips…

Culture

  • Upset Taylor Swift says she was told Ticketmaster could handle demand

    POP superstar Taylor Swift said on Friday it was “excruciating” for her to watch fans struggle to secure tickets for her upcoming U.S. tour after she had been assured that Ticketmaster could handle large demand. The New York Times reported that the US Justice Department was investigating whether Ticketmaster parent…

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