Culture
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...
Britain says EU is removing tariffs on steel under quota
Published Fri, Aug 1, 2025 · 07:21 AM[LONDON] Britain said the European Union will remove tariffs on key steel products under a quota system from Friday as part of...
OCBC Q2 profit falls 7% to S$1.82 billion; to pay S$0.41 a share in dividends
The earnings beat the S$1.79 billion consensus forecast by a Bloomberg poll of six analysts[SINGAPORE] OCBC’s net profit for the second quarter declined 7 per cent as interest rates...
Google must open Android to rival app stores: US court
[SAN FRANCISCO] A US federal court ruled on Thursday that Google must open its Android operating system to rival app stores, after the internet giant lost an appeal in...
Oil prices fall as Trump’s Aug 1 trade tariff deadline looms
[HOUSTON] Oil prices declined on Thursday as US President Donald Trump’s Aug 1 tariff deadline loomed over investors, with uncertainty surrounding countries yet to negotiate a trade deal with...
Amazon cloud computing results fail to impress, shares slide after hours
AMAZON.COM on Thursday forecast third-quarter sales above market estimates, but failed to live up to lofty expectations for its Amazon Web Services cloud computing unit after rivals handily beat expectations.Shares fell...
Apple revenue forecast beats estimates as iPhone sales soar
[SAN FRANCISCO] Apple forecast revenue well above Wall Street’s estimates on Thursday, following strong June-quarter results supported by customers buying iPhones early to avoid US President Donald Trump’s tariffs. Chief financial...
Europe: Stocks end at over one-week low; beverage makers hurt by US tariffs
EUROPEAN shares closed at a more than one-week low on Thursday, as investors were disappointed by a series of corporate reports from the likes of Sanofi and Ferrari, while beverage...
US: Stocks end lower after strong start as rally fades
[NEW YORK] Wall Street stocks finished lower on Thursday, shrugging off strong gains by Microsoft and Meta as traders await key US employment data and a White House tariff deadline.Facebook parent...
