Culture

Oil prices climb 2% on drop in US crude inventories as investors focus on Ukraine peace push
[NEW YORK] Oil prices climbed about 2 per cent on Wednesday on a bigger-than-expected weekly drop in US crude inventories as investors awaited the next steps in talks to end the...
Europe: Stoxx 600 closes higher but gains limited by tech, defence
EUROPE’S Stoxx 600 closed higher on Wednesday boosted by consumer and healthcare stocks, while declines in tech and defence stocks limited gains, ahead of a crucial meeting of global...
US: Wall Street mostly down as tech still under pressure
Published Thu, Aug 21, 2025 · 06:12 AM[TORONTO] US stocks closed mostly lower on Wednesday as the tech sector remained under pressure while investors kept an eye on retail earnings and...
Guess to go private in US$1.4 billion deal with Authentic Brands, co-founders and CEO
[LOS ANGELES] Guess said on Wednesday (Aug 20) it has agreed to be taken private by a group, including its co-founders, CEO and Reebok-owner Authentic Brands, in a deal...
Beng Kuang expands into chemical cleaning in oil and gas industry
[SINGAPORE] Beng Kuang Marine has formed a new business for specialised industrial chemical cleaning, the company said in a bourse filing on Wednesday (Aug 20).The new business, called Clean...
US: Wall St subdued at open on mixed retail earnings ahead of Fed meet
Published Wed, Aug 20, 2025 · 09:46 PM[NEW YORK] Wall Street’s main indexes were subdued at the open on Wednesday (Aug 20) as investors assessed uneven earnings from retailers...
Children of Wing Tai chairman granted options to buy four River Green units for S$7.9 million
Neither of the two children were given discounts; sale reviewed by the board and audit and risk committee[SINGAPORE] Wing Tai Holdings has granted options to purchase four units in...
Sats grows Q1 profit 9.1% to S$70.9 million with higher cargo, food service volumes
AIRLINE caterer Sats grew its Q1 earnings 9.1 per cent year on year to S$70.9 million for the first quarter ended Jun 30, 2025, boosted by growth in aviation...
Intel rescue will depend on Trump as investor — and pitchman
[WASHINGTON] A US government plan to take a stake in Intel would give the ailing chipmaker a powerful backer, even if a bigger challenge still lies ahead: finding enough...
Estee Lauder forecasts annual profit below estimates as tariffs hit
Estee’s organic net sales for the fourth quarter fell 13%, compared with an 8% rise a year agoPublished Wed, Aug 20, 2025 · 07:11 PM[WASHINGTON] Estee Lauder forecast annual...
Buffett effect still holds as UnitedHealth soars through August
[NEW YORK] The Warren Buffett effect is proving true once again, spurring UnitedHealth Group’s reversal this month and giving the Dow Jones Industrial Average a push towards its first...
Baidu’s revenue dips ahead of intensifying Chinese AI contest
[BEIJING] Baidu’s revenue fell, hurt by an economic downturn that’s capping its ability to fight bigger rivals in AI and make inroads in new growth areas.The Ernie chatbot creator’s...