Culture

US: Wall St opens higher as inflation rises moderately in July
Published Tue, Aug 12, 2025 · 09:43 PM[NEW YORK] Wall Street’s main indexes opened higher on Tuesday (Aug 12) after data showed inflation rose broadly in line with expectations...
India, China to resume direct flights in sign of closer ties
[NEW DELHI] India and China are set to resume direct flight connections as soon as next month, people familiar with the negotiations said, as the world’s two most populous...
Singapore shares slip despite upgraded 2025 growth outlook; STI down 0.3%
[SINGAPORE] Stocks on the local bourse ended lower on Tuesday (Aug 12) for the third consecutive session. The decline occurred despite gains in most regional markets, and an upgrade...
Wilmar H1 profit rises 2.6% on improved plantation, sugar milling and food product segments
[SINGAPORE] Agribusiness Wilmar International on Tuesday (Aug 12) reported a net profit of US$594.9 million for the first half ended Jun 30, up 2.6 per cent from US$579.6 million...
Top Philippine bank likely to sustain record profit, CEO says
[MANILA] BDO Unibank, the Philippines’ biggest lender, expects to sustain record-high earnings this year on broad-based growth in lending, its chief executive said, easing investor worries over the impact...
Japan’s Nikkei races to record high, SoftBank leads tech surge
[TOKYO] Japan’s Nikkei share gauge powered to an all-time high on Tuesday (Aug 12), driven by sharp gains for tech companies and renewed optimism over trade with the United...
Norway’s US$1.9 trillion wealth fund returns 5.7% in H1
[OSLO] Norway’s sovereign wealth fund returned 5.7 per cent and slightly missed its target in the first six months of 2025. The US$1.9 trillion fund’s return was led by equities,...
M1-Simba, Starhub-MyRepublic consolidations: a crowded telco market through the years
[SINGAPORE] Developments of telecommunications companies consolidating dominated this week, after many years of speculation. News broke on Tuesday (Aug 12) of StarHub buying the rest of MyRepublic Broadband for...
Trump open to Nvidia selling scaled-back Blackwell to China
[WASHINGTON] US President Donald Trump signalled on Monday (Aug 11) that he’d be open to allowing Nvidia to sell a scaled-back version of its most advanced AI chip to...
FLCT prices S$100 million notes due 2034 at 2.45%
The notes, rated “BBB+” by S&P, will be issued on Aug 15 under the Reit’s S$1 billion multi-currency debt issuance programme[SINGAPORE] Frasers Logistics & Commercial Trust (FLCT) is offering...
US: Wall St opens flat as chip stocks dip on China sales deal
Published Mon, Aug 11, 2025 · 09:42 PM[NEW YORK] Wall Street’s main indexes opened flat on Monday (Aug 11) as major chip companies slipped on the eve of a...
Citigroup lifts S&P 500 year-end target to 6,600
Published Mon, Aug 11, 2025 · 08:55 PM[NEW YORK] Citigroup raised its year-end target for the S&P 500 index to 6,600, betting on US President Donald Trump’s tax and...