Culture
South Korea says Samsung, SK Hynix will not be subject to 100% US chip tariffs
Published Thu, Aug 7, 2025 · 10:42 AM[SEOUL] South Korea’s top trade envoy Yeo Han-koo said on Thursday that Samsung Electronics and SK Hynix will not be subject to...
UOB shares fall over 2% following lower Q2 net profit of S$1.34 billion reported
[SINGAPORE] Shares of UOB fell by more than 2 per cent on Thursday (Aug 7), on the back of the local bank’s second-quarter results, which saw a 6 per...
Apple says Samsung will supply chips from Texas factory
Published Thu, Aug 7, 2025 · 08:37 AMAPPLE said on Wednesday that Samsung Electronics will supply chips from its production plant in Texas for Apple products including iPhones.“This facility...
Insurer AIG posts higher quarterly profit on underwriting strength
[BENGALURU] American International Group (AIG) reported a higher second-quarter profit on Wednesday (Aug 6), powered by strong underwriting gains and higher returns on investments.Insurers such as AIG and Travelers...
DBS Q2 profit rises 1% to S$2.82 billion
[SINGAPORE] DBS’ net profit for the three months ended Jun 30, 2025 rose 1 per cent to S$2.82 billion, compared with S$2.79 billion from the year-ago period. Net interest...
EuroSports Global explains reasons for keeping Melvin Goh as executive chairman and CEO
[SINGAPORE] EuroSports Global said its board’s nominating committee had independently assessed the charges against executive chairman and chief executive Melvin Goh – including taking into account his key role...
Apple to pledge US$100 billion for US manufacturing: White House official
Published Wed, Aug 6, 2025 · 10:15 PM[WASHINGTON] Apple will announce a domestic manufacturing pledge of US$100 billion on Wednesday (Aug 6) that will focus on bringing more manufacturing...
US: Wall Street opens higher on Fed rate cut hopes; earnings in focus
[NEW YORK] Wall Street opened higher on Wednesday (Aug 6), as ongoing optimism about Federal Reserve interest rate cuts kept markets afloat and investors assessed a fresh wave of...
Carro targets US IPO with over US$3 billion valuation: sources
[SINGAPORE] Singapore-based Carro, South-east Asia’s largest used-car online marketplace, is preparing for a US initial public offering as early as 2026 that could raise up to US$500 million, according...
Uber boosts buybacks by US$20 billion after upbeat forecast
[SAN FRANCISCO] Uber Technologies announced US$20 billion in new stock buybacks after sharing a better-than-expected third-quarter forecast and quarterly results, suggesting that growth at its core rideshare and delivery...
