Culture

US: Wall Street opens lower as investors brace for Fed meet; Walmart slides
Published Thu, Aug 21, 2025 · 09:44 PMWALL Street’s main indices opened lower on Thursday (Aug 21), as investors turned cautious ahead of the US Federal Reserve’s three-day conference...
Thomson Medical secures S$225 million Islamic revolving credit facility
[SINGAPORE] Thomson Medical Group has obtained a S$225 million Islamic revolving credit facility from Maybank in Singapore, the company said on Thursday (Aug 21). This facility can be converted...
Singapore, Hong Kong want a slice of the US$250 billion stablecoin pie
[SINGAPORE] Regional financial centres Singapore and Hong Kong are both aiming to capture a piece of the US$250 billion stablecoin market.On Aug 1, Hong Kong launched a regulatory regime...
Boeing in talks to sell as many as 500 planes to China: sources
[BEIJING] Boeing is heading closer towards finalising a deal with China to sell as many as 500 aircraft, according to people familiar with the matter, a transaction that would...
Johnson & Johnson to invest US$2 billion to boost US manufacturing as drug tariffs loom
Published Thu, Aug 21, 2025 · 06:58 PM[NEW YORK] Johnson & Johnson (J&J) said on Thursday (Aug 21) it would invest US$2 billion in North Carolina as it aims...
Olivia Lum trial: What is non-disclosure
[SINGAPORE] After years of struggling with the Tuaspring project, Hyflux was ordered to be wound up in 2021, marking a critical chapter in one of Singapore’s most significant corporate...
Olivia Lum trial: What counts as non-disclosure?
[SINGAPORE] After years of struggling with the Tuaspring project, Hyflux was ordered to be wound up in 2021, closing a critical chapter in one of Singapore’s most significant corporate...
Singapore shares rise as market eagerly awaits signals of interest rate cuts; STI up 0.3%
[SINGAPORE] Singapore shares rose on Thursday (Aug 21), as the market awaits for hints from US Federal Reserve chairman Jerome Powell about the future of interest rates.The benchmark Straits...
Swiss banker bonus cap proposal watered down in parliament
[ZURICH] Swiss lawmakers have watered down a proposal that would have installed a fixed upper limit on compensation at the country’s biggest banks including UBS Group.In March, the upper...
Musk’s Starlink courts luxury airlines to grow in-flight Wi-Fi business
[WASHINGTON] For the past three years, Elon Musk has steadily elbowed his way into the booming market for in-flight Wi-Fi, with his Starlink service signing up blue-chip carriers from...
Sats rises 2.5% on Q1 profit growth
[SINGAPORE] Shares of ground handler and in-flight caterer Sats advanced on Thursday (Aug 21), a day after the group posted higher first-quarter profit. The counter hit an intraday high...
Sats rises 5.7% to three-week high on Q1 profit growth
[SINGAPORE] Shares of ground handler and in-flight caterer Sats climbed in early trade on Thursday (Aug 21), a day after the group posted higher first-quarter profit. As at 9.02...