Culture
Low Keng Huat sinks into the red with S$10.2 million net loss in H1
The property developer’s half-year revenue tumbles 85% to S$38.7 million, from S$257.9 million the previous year[SINGAPORE] Property developer Low Keng Huat has sunk into the red with a net...
Oracle retreats after record run towards US$1 trillion club on AI cloud boom
[NEW YORK] Oracle shares retreated on Thursday (Sep 11) after a record AI-driven surge in the previous session that put the company closer to the trillion-dollar mark and co-founder...
TalkMed to delist from SGX on Sep 15
[SINGAPORE] Healthcare provider TalkMed announced on Thursday (Sep 11) that it will be delisted from the Singapore Exchange from 9 am on Sep 15.This follows confirmation from TW Troy...
Singapore stocks end higher amid mixed regional trading; STI up 0.2%
On the STI, UOL is the top gainer, up 3.9%; Thai Beverage is the biggest decliner, shedding 1.1% [SINGAPORE] Local stocks tracked overnight gains on Wall Street, amid mixed...
Chinese carmakers may keep price advantage despite Mexico levies
[MEXICO CITY] Mexico’s plan to levy tariffs of up to 50 per cent on vehicles from China may not unduly impact the Asian nation’s auto manufacturers whose inherently lower...
Carlyle, EQT, HongShan among final bidders for Starbucks China: sources
[HONG KONG] Global investment firms Carlyle Group and EQT, alongside regional players HongShan Capital Group and Boyu Capital, are preparing final offers for a controlling stake in Starbucks’ China...
Saudi oil giant Aramco raises US$3 billion from Islamic bonds
[DUBAI] Saudi Aramco, the world’s biggest oil company, raised US$3 billion from a sale of Islamic bonds, a term sheet showed on Thursday (Sep 11), as investors appeared unperturbed...
South Korea scraps plan to expand tax on stock investments
[SEOUL] South Korean President Lee Jae-myung said on Thursday (Sep 11) he would not pursue plan to revise a capital gains tax on stock investments, conceding that the move...
Centurion soars 7.4% on the back of IPO for Centurion Accommodation Reit
[SINGAPORE] Shares of Centurion soared nearly 7.4 per cent on Thursday afternoon (Sep 11) shortly after it gave details on the proposed listing of its Centurion Accommodation Reit on...
Latest Singapore six-month T-bill cut-off yield falls to 1.38%
Auction receives a total of S$15.7 billion in applications for the S$7.8 billion on offer, representing a bid-to-cover ratio of 2.02[SINGAPORE] The cut-off yield on Singapore’s latest six-month Treasury...
