Culture

Europe: Shares close higher as bond selloff cools
EUROPEAN shares ended higher on Wednesday, stabilising as investors assessed fiscal challenges after a selloff in longer-dated bonds had sparked risk-off sentiment in the previous session.The continent-wide Stoxx 600 index...
mm2 Asia says voluntary liquidation of Cathay Cineplexes unlikely to affect operations
[SINGAPORE] Entertainment company mm2 Asia on Wednesday (Sep 3) said the voluntary liquidation of Cathay Cineplexes is not expected to adversely impact its core businesses or continuing operations. Instead, liquidating...
Unilever CEO plans shakeup of top 200 managers in overhaul
Published Wed, Sep 3, 2025 · 11:07 PM[LONDON] Unilever chief executive officer Fernando Fernandez expects to replace a quarter of the group’s top 200 managers following a performance review,...
US: S&P 500, Nasdaq open higher on Alphabet boost; jobs data on tap
Published Wed, Sep 3, 2025 · 09:41 PM[NEW YORK] The S&P 500 and the Nasdaq opened higher on Wednesday (Sep 3) after Alphabet gained on a favourable antitrust ruling...
MetaOptics looks to SGX Catalist debut for path to profitability
[SINGAPORE] When Mark Thng first launched MetaOptics Technologies’ operations in June 2021, it was out of a tiny office in Roxy Square. The rent was just S$300 a month,...
Tesla’s sales collapse continues in Europe’s biggest EV markets
Published Wed, Sep 3, 2025 · 08:09 PM[FLENSBURG] Tesla’s sales slump is dragging on across almost all of Europe’s biggest electric vehicle markets, costing the company significant share in...
Nuveen partners with Temasek and Hunter Point for private credit push
Published Wed, Sep 3, 2025 · 07:56 PM[BENGALURU] Investment manager Nuveen’s private debt arm has partnered with Temasek and Hunter Point Capital, the company said on Wednesday (Sep 3),...
Keppel DC Reit acquires remaining stake in 2 data centres from sponsor Keppel for S$8.4 million 
[SINGAPORE] The manager of Keppel DC Real Estate Investment Trust (Reit) has acquired the remaining 51 per cent interest in two artificial intelligence-ready hyperscale data centres in Singapore from...
Singapore stocks dip despite manufacturing rebound; STI down 0.2%
[SINGAPORE] Local equities ended Wednesday (Sep 3) lower, even as data showed that manufacturing in Singapore improved slightly.The sector’s purchasing managers’ index (PMI) edged up to 50 in August...
CICT should up retail property exposure and reduce exposure to office spaces.
[SINGAPORE] CapitaLand Integrated Commercial Trust (CICT) – the Republic’s oldest and largest real estate investment trust (Reit) – offers investors exposure to properties that are used for retail and/or...
BlackRock loses US$17 billion mandate at Dutch pension fund PFZW
[AMSTERDAM] BlackRock has lost a mandate worth US$17 billion with one of the largest pension funds in the Netherlands, amid concerns the world’s biggest money manager isn’t acting in...
Major sea carriers’ Ebit margins expected to turn negative in H2 2025
[SINGAPORE] The average earnings margins for the liner businesses of major ocean shipping companies fell to 8.4 per cent in the quarter to June, as declining freight rates and...