Culture
Singapore stocks end Friday in the red amid mixed Asia markets; STI down 0.4%
[SINGAPORE] Local stocks ended its rally to close lower on Friday (Aug 8), following a mixed performance across Asian markets as investors navigated a week marked by geopolitical uncertainties...
UOB-Kay Hian posts 12.9% lower net profit for H1
Earnings per share for the half-year fell to S$0.106, from S$0.1264 in the year-ago period[SINGAPORE] UOB-KAY Hian posted a 12.9 per cent year-on-year dip in its net profit to...
Hong Leong Finance H1 net profit down 38.7% to S$32.2 million on compressed net interest margins
[SINGAPORE] Hong Leong Finance posted a 38.7 per cent year-on-year fall in net profit to S$32.2 million for the six months ended Jun 30, 2025. This was driven by...
China July car sales growth slows on weak hybrid demand, price war curbs
[SHANGHAI] China’s car sales growth slowed in July partly due to weaker demand for hybrids, as regulators in the world’s biggest auto market crack down on a price war...
China tells brokers to stop touting stablecoins to cool frenzy: sources
[BEIJING] China told local brokers and other bodies to stop publishing research or hold seminars to promote stablecoins, seeking to rein in the asset class to avoid instability.
Some leading...
IReit Global sees risk of losing potential lawsuit as ‘remote’, takes no action for now
[SINGAPORE] The manager of IReit Global does not plan to take any steps to mitigate the impact of a potential lawsuit from its main tenant for now, citing the...
SoftBank shares hit record high on AI prospects
[TOKYO] Shares in SoftBank Group jumped more than 13 per cent to a record high on Friday (Aug 8) in a show of investor support for the Japanese technology...
Singapore semiconductor firms exposed to planned US tariff, but impact may vary: analysts
[SINGAPORE] Semiconductor-related firms in Singapore are under the spotlight after President Donald Trump’s threat of a US semiconductor tariff. However, the impact of the levy will vary based on...
Ticker glitch, rising competition deepen woes for Australian bourse
[SYDNEY] ASX is grappling with rising regulatory pressure and intensifying competition, as shares of Australia’s main exchange operator trail most of its global peers.
In just two days, a bungled...
Popiah king Sam Goi makes chain offer for Tat Seng Packaging after PSC offer turns unconditional
[SINGAPORE] Local tycoon Sam Goi has launched a cash offer to buy all shares of Tat Seng Packaging that he does not yet own at S$0.899 apiece. He is...
