Culture

Insurer Aviva raises dividend after jump in half-year profit
[LONDON] British insurer Aviva raised its interim dividend on Thursday (Aug 14) after reporting a 22 per cent jump in half-year operating profit, driven by strong growth in general...
Jollibee posts record sales as China business recovers
Top Philippine restaurant operator says net income rises 5.6% to 3.2 billion pesos in April-to-June quarterPublished Thu, Aug 14, 2025 · 04:23 PM[MANILA] Top Philippine restaurant operator Jollibee Foods...
China Aviation Oil H1 profit rises 18% to US$50 million on higher gross profit and associates’ share of results
[SINGAPORE] Asia-Pacific’s largest physical jet fuel buyer China Aviation Oil (CAO) posted a net profit of US$50 million for the first half of its financial year ended Jun 30....
Carlsberg misses first-half forecasts, warns of difficult year
It raised its full-year profit guidance, breaking with those rivals who opted to keep their forecasts unchangedPublished Thu, Aug 14, 2025 · 04:11 PM[LONDON] Carlsberg missed half-year profit and...
Tencent’s AI restraint shows risk of Alibaba, JD food war
[BEIJING] China’s biggest tech companies are bouncing back after years on the ropes with outsized ambitions to dominate in everything from robots and smart glasses to cheap meals. But...
Sime Darby seeks loan to build Malaysian data centre for Google
The AI frenzy has fuelled demand for funding the centres in Asia, resulting in a series of record-breaking loans for operatorsPublished Thu, Aug 14, 2025 · 01:48 PM[KUALA LUMPUR]...
Geely profit beats estimates amid reshuffle, sector scrutiny
[HONG KONG] Geely Automobile Holdings’ first-half profit beat estimates as sales soared and the carmaker sought to reduce costs, even as the wider Chinese auto industry faces regulatory scrutiny...
Latest Singapore six-month T-bill cut-off yield declines to 1.59%
Auction receives S$17.9 billion in applications for the S$7.5 billion on offer, representing a bid-to-cover ratio of 2.39[SINGAPORE] The cut-off yield on Singapore’s latest six-month Treasury bill (T-bill) fell...
How Nippon Paint tycoon Goh Cheng Liang grew his empire to a US$13 billion fortune 
[SINGAPORE] Singapore’s richest man Goh Cheng Liang, who died this week, kept a low profile for years compared with his other billionaire counterparts. The self-made tycoon, who was 98...
Trump’s pay-for-play chips deal generates alarm and optimism
[NEW YORK] US President Donald Trump’s controversial plan to take a cut of revenue from chip sales to China is leading to concerns that the US government will find...
South Korea to announce plan to restructure petrochemical sector facing ‘grave’ situation
[SEOUL] South Korea’s government will announce a plan this month to restructure the country’s petrochemical sector, which is in a “grave” situation, Industry Minister Kim Jung Kwan said on...
Shares of UOL, PropNex surge 5% following H1 results
[SINGAPORE] Shares of Singapore Exchange (SGX)-listed real estate companies in Singapore such as UOL Group and PropNex rose by more than 5 per cent in early trade on Thursday...