Culture

Flight attendants sue Boeing over MAX 9 panel blowout incident
Published Fri, Aug 1, 2025 · 12:24 PMFOUR flight attendants on the Alaska Airlines 737 MAX 9 plane hit by a mid-air cabin panel blowout in January last year...
UOBKH downgrades SIA after Q1 earnings a ‘major miss’ against guided range; lowers TP to S$6.03 
[SINGAPORE] UOB Kay Hian (UOBKH) equity analyst Roy Chen downgraded his rating on national carrier Singapore Airlines (SIA) to “sell”, with a reduced target price of S$6.03 from S$6.63,...
UOBKH calls a ‘sell’ on SIA, lowers target price after significantly weaker Q1 earnings
[SINGAPORE] UOB Kay Hian (UOBKH) equity analyst Roy Chen downgraded his rating on Singapore Airlines (SIA) to “sell”, with a reduced target price of S$6.03 from S$6.63, on the...
Gold holds gain as markets monitor Trump’s tariff rollout
Published Fri, Aug 1, 2025 · 10:29 AMGOLD held an advance - but remained on track for a weekly loss - as the White House unveiled President Donald Trump’s tariff...
3HA Capital to privatise watch-listed CosmoSteel after buyout offer accepted
[SINGAPORE] Shares of watch-listed CosmoSteel will be suspended and eventually delisted, after the offer by investment holding company 3HA Capital to privatise the group at S$0.25 a share closes...
Singapore, Malaysia markets rise, while Taiwan stocks drop as Trump sets new tariff rates
[SINGAPORE] Singapore stocks opened slightly up on Friday (Aug 1), while Malaysia markets jumped and Taiwan slumped, following the announcement of US President Donald Trump’s global tariff rates.Malaysia, Thailand...
US tariffs’ direct impact on Singapore ‘contained’, but semiconductors and pharmaceuticals still under threat: analysts
[SINGAPORE] The direct downside impact of US tariffs on Singapore’s economy should be “contained”, but threats from sectoral tariffs against semiconductors and pharmaceuticals remain, said analysts on Friday (Aug...
Japan alarmed over recent FX moves, its finance minister says
Published Fri, Aug 1, 2025 · 09:53 AM[TOKYO] Japan’s Finance Minister Katsunobu Kato said on Friday (Aug 1) that its authorities have been alarmed over recent foreign exchange moves,...
First Hong Kong stablecoin licences may be issued early next year, HKMA says
Published Fri, Aug 1, 2025 · 09:43 AM[HONG KONG] The first batch of Hong Kong stablecoin issuer licences is expected to be granted early next year, the Hong Kong...
Indofood Agri Resources’ H1 net profit up 13.4% at 337.8 billion rupiah amid higher commodity prices
[SINGAPORE] Indofood Agri Resources on Friday (Aug 1) posted a 13.4 per cent rise in net profit to 337.8 billion rupiah (S$26.6 million) for its first half ended June,...
Stocks to watch: OCBC, FLCT, Clas, Jardine Matheson, Keppel Reit, NetLink, Del Monte Pacific
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Friday (Aug 1): OCBC: The local bank’s net profit for Q2 FY2025 fell 7...
Trump pressures 17 pharma CEOs to cut US drug prices
[WASHINGTON] President Donald Trump sent letters to the leaders of 17 major pharmaceutical companies outlining how they should slash US prescription drug prices to match those paid overseas, the...