Culture
iFast books S$50.3 million net institutional inflow in five sessions
[SINGAPORE] Over the five trading sessions from Jul 25 to 31, institutions were net sellers of Singapore stocks. The net institutional outflow of S$351 million was a reversal from...
As Trump’s tariffs bite, investors should ensure the companies they own have strong fundamentals
[SINGAPORE] It seemed like Groundhog Day again when US President Donald Trump unveiled revised reciprocal tariffs on imports from dozens of countries last Thursday (Jul 31). The adjusted rates...
CDL’s Kwek Leng Beng aims to treble the group’s hotel numbers to 500
[SINGAPORE] If City Developments Ltd (CDL) executive chairman Kwek Leng Beng’s plans come to fruition, the group’s portfolio of hotels – including those under subsidiary Millennium Hotels & Resorts...
Buffett’s Berkshire hit with US$3.8 billion Kraft Heinz charge
WARREN Buffett’s Berkshire Hathaway took a US$3.8 billion impairment on its Kraft Heinz stake, the latest hit to a bet that’s weighed on the billionaire investor’s company in recent...
Opec+ agrees in principle another large oil output hike: sources
Published Sun, Aug 3, 2025 · 03:41 PMOPEC+ agreed in principle to boost oil output by 548,000 barrels per day (bpd) in September, two Opec+ sources said on Sunday...
Opec+ makes another large oil output hike in market share push
[LONDON] Opec+ agreed on Sunday (Aug 3) to raise oil production by 547,000 barrels per day for September, the latest in a series of accelerated output hikes to regain...
Mixed H1 2025 performance, but hospitality S-Reits push ahead with portfolio reconstitution and diversification
[SINGAPORE] Three out of five Singapore-listed hospitality trusts have reported half-yearly financial results for the first half of 2025 over the past week, with two more due to report...
South-East Asian firms test Hong Kong waters amid IPO surge
[SINGAPORE] South-east Asian companies have mostly sat out Hong Kong’s 2025 listing boom, but a cautious revival may be under way with four more initial public offerings (IPOs) from...
Bank of England rate cuts deliver £11 billion hit to households
[LONDON] Exactly one year since the Bank of England (BOE) started to cut interest rates, the pressure on households from the highest borrowing costs in a generation is still...
Apple CEO tells staff AI is ‘ours to grab’ in hourlong pep talk
[LOS ANGELES] Apple chief executive officer Tim Cook, holding a rare all-hands meeting following earnings results, rallied employees around the company’s artificial intelligence (AI) prospects and an “amazing” pipeline...
