Grab shares jump after raise in annual revenue forecast: Singapore live news

Grab shares jumped by more than 10% after it increased its annual revenue forecast. (PHOTO: Grab Singapore)
Grab shares jumped by more than 10% after it increased its annual revenue forecast. (PHOTO: Grab Singapore)

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Hello to all our readers, Yahoo Singapore will be bringing you live news updates today.

Grab shares jumped by more than 10% after it increased its annual revenue forecast. The company is expecting revenue in the range of $2.76 billion to $2.78 billion, compared to the previous projection of between $2.70 billion and $2.75 billion.

Premier League referee David Coote has been suspended after videos of him circulated on social media. In the videos, a man appearing to be Coote made derogatory remarks about Liverpool and its former manager, Jurgen Kloop.

Bitcoin surged to a record high following the election of Donald Trump as US president. The former reality TV star promised to make the US the "crypto capital of the planet". For a deeper analysis on the Bitcoin surge, read here.

Megan Fox and Machine Gun Kelly are expecting their first child together. Fox made the announcement with a nude photo and a caption that quotes Kelly's track Last November. The song itself references the couple's past pregnancy loss.

Marco Rubio could be the next Secretary of State when Trump takes office next year. Sources reveal that Trump is eyeing the Florida senator for the appointment after previously leaning towards Richard Grenell. For more on Rubio's political history, read here.

A group of male students at the Singapore Sports School have been creating and circulating deepfake nude images of their female schoolmates. Police confirmed that a report has been made and investigations are ongoing. Read on to find out more about the case.

Scoot will be flying direct to to Phu Quoc in Vietnam, Padang in Indonesia and Shantou in China. Read on to find out details about the flights - including the fares.

LIVE COVERAGE IS OVER7 updates
  • You can now book Scoot flights direct to Phu Quoc, Padang and Shantou

    Scoot will be flying direct to to Phu Quoc in Vietnam, Padang in Indonesia and Shantou in China. (PHOTO: Roslan RAHMAN / AFP)
    Scoot will be flying direct to to Phu Quoc in Vietnam, Padang in Indonesia and Shantou in China. (PHOTO: Roslan RAHMAN / AFP)

    Scoot will be flying direct to to Phu Quoc in Vietnam, Padang in Indonesia and Shantou in China.

    Flights to Phu Quoc and Padang will start on 20 Dec, 2024, and 6 Jan, 2025 respectively. The Shantou flight will start on 16 Jan, 2025.

    There will be three flights a week to Phu Quoc for a start, and it'll be increased to five by 25 Jan, 2025. There will be four flights a week to Padang and three flights a week to Shantou.

    Fares for these three new services in Economy Class, one-way, start from S$135 to Phu Quoc, S$119 to Padang, and S$169 to Shantou, inclusive of taxes.

    These new flights are available for booking via Scoot’s website, mobile app and progressively through other channels.

  • Singapore Sports School students create and share deepfake nudes, police investigating

    A group of male students at the Singapore Sports School have been creating and circulating deepfake nude images of their female schoolmates. (PHOTO: Yahoo News Singapore)
    A group of male students at the Singapore Sports School have been creating and circulating deepfake nude images of their female schoolmates. (PHOTO: Yahoo News Singapore)

    Singapore Sports School students have been creating and sharing deepfake nude photos of other students.

    The principal, Ong Kim Soon, confirmed to CNA on Tuesday (12 Nov) that the school is aware of the incident. "The school does not condone such harmful behaviour," said Ong, who added that the school is investigating the incident and a police report was launched.

    CNA confirmed with the police that a report was lodged and investigations have been launched into the nude photos.

    It was reported that all students involved are being interviewed by the police, and their mobile phones and other devices have been confiscated for forensic examination.

    Disciplinary actions have also started, including caning for some students and sports trip bans, suspension from school, training and boarding.

    A father of a victim told CNA that the case dates back to June, when a group of boys created and circulated deepfake nude images of their female schoolmates.

    "Apparently some of the boys received (caning) in private yesterday. But it’s not enough," he said.

  • Trump expected to pick Marco Rubio to serve as his secretary of state: Sources

    Marco Rubio could be the next Secretary of State when Trump takes office next year. (PHOTO: Chip Somodevilla/Getty Images)
    Marco Rubio could be the next Secretary of State when Trump takes office next year. (PHOTO: Chip Somodevilla/Getty Images)

    US president-elect Donald Trump is expected to tap on Florida Senator Marco Rubio to be his secretary of state, sources said on Monday (11 Nov).

    One of the sources revealed that Trump was initially leaning towards Richard Grenell but changed his mind after speaking to some of Rubio's allies. Grenell served as Trump’s ambassador to Germany and later as acting director of national intelligence during his first administration.

    It's not clear if Rubio has been formally offered the position and another source advised that Trump could still change his mind again.

    A Rubio spokesperson declined to comment on the matter.

    For more on the history between Trump and Marco Rubio, read here.

  • Megan Fox pregnant, first child with Machine Gun Kelly

    Megan Fox and Machine Gun Kelly are expecting their first child together. (PHOTO: Lester Cohen/Getty Images for The Recording Academy)
    Megan Fox and Machine Gun Kelly are expecting their first child together. (PHOTO: Lester Cohen/Getty Images for The Recording Academy)

    Actress Megan Fox is pregnant with her fourth child.

    However, this will be the first child she has with beau Machine Gun Kelly. She is already mum to three songs with ex-husband Brian Austin Green.

    The couple made the announcement on Instagram on Monday (11 Nov). Fox, 38, posted a nude picture of herself cradling her baby bump while covered in black liquid.

    She wrote, "Nothing is ever really lost. Welcome back."

    The caption is a reference to Kelly's track Last November, a song about the couple's miscarriage in November 2023.

    For more on Megan Fox's pregnancy, read here.

  • Bitcoin surges to record high after Trump victory

    Bitcoin surged to a record high following Trump's election as US president. (PHOTO: Getty Images, AP)
    Bitcoin surged to a record high following Trump's election as US president. (PHOTO: Getty Images, AP)

    Bitcoin surged to a record high above US$87,000 (S$115,991) on Monday (11 Nov).

    It more than doubled from the year's low of US$38,505.

    Cryptocurrencies are expected to thrive after the election of Donald Trump as US president and other pro-crypto candidates to Congress. Trump embraced digital assets during his campaign and promised to make the US the "crypto capital of the planet".

    For more on the Bitcoin surge, read here.

  • Premier League referee David Coote suspended for explicit remarks over Liverpool, Jurgen Klopp

    Premier League referee David Coote has been suspended after videos of him circulated on social media. (PHOTO: James Gill - Danehouse/Getty Images)
    Premier League referee David Coote has been suspended after videos of him circulated on social media. (PHOTO: James Gill - Danehouse/Getty Images)

    Premier League referee David Coote has been suspended with immediate effect pending a full investigation.

    The reason? Two videos have emerged on social media appeared to show Coote, 42, making explicit comments about Liverpool and its former manager Jurgen Klopp.

    In one video, the man who appears to be Coote is asked by an unidentified man about an unspecified Liverpool game. Coote then allegedly said "Liverpool is s***" and expressed his dislike for Klopp, calling him a "c***". He claimed the German manager was “arrogant” and “accused me of lying” after one game.

    In another shorter clip, the two men filmed stressed the importance of the videos not being shared.

    There was no immediate comment from Liverpool regarding the videos.

    For more on the David Coote controversy, read here.

  • Grab shares jump after raise in annual revenue forecast

    Grab shares jumped by more than 10% after it increased its annual revenue forecast. (PHOTO: Lionel Ng/SOPA Images/LightRocket via Getty Images)
    Grab shares jumped by more than 10% after it increased its annual revenue forecast. (PHOTO: Lionel Ng/SOPA Images/LightRocket via Getty Images)

    Singapore's Grab Holdings saw its US-listed shares jump by more than 10% after it raised its earnings forecast for the year.

    The company is expecting revenue in the range of $2.76 billion to $2.78 billion, compared to the previous projection of between $2.70 billion and $2.75 billion.

    It also raised its annual core profit forecast to between $308 million and $313 million – considerably more from the previous forecast of between $250 million and $270 million.

    "We remain bullish on the long-term growth outlook of Southeast Asia, and are firing on all cylinders to capture the strong user demand trends," Grab CEO Anthony Tan said.

    For more on the Grab share prices, read here.