Culture

Euro zone economy holds up even as ECB speakers look to temper market view of no more cuts
[FRANKFURT] The euro zone economy has remained resilient to the pervasive uncertainty caused by a global trade war, a slew of data showed on Friday (Jul 25), even as...
Intel slumps as potential foundry exit deepens investor gloom
[NEW YORK] Intel shares sank 8 per cent on Friday (Jul 25) after the company warned of exiting chip manufacturing if it fails to secure a major customer, a...
US: Wall St opens steady as investors prepare for August 1 deadline
Published Fri, Jul 25, 2025 · 09:44 PM[NEW YORK] Wall Street’s main indexes opened steady on Friday (Jul 25) following record closes for the S&P 500 and the Nasdaq...
iFast posts 37.9% rise in Q2 net profit to S$22.1 million
[SINGAPORE] Digital bank and wealth management platform iFast Corp reported a 37.9 per cent increase in net profit for the second quarter ended June to S$22.1 million, from S$16...
Gold eases after Trump downplays clash with Fed chair Powell
Published Fri, Jul 25, 2025 · 08:21 PM[NEW YORK] Gold extended a decline on Friday (Jul 25) as the US dollar rose after President Donald Trump downplayed his clash...
SIA chairman Peter Seah redesignated as non-independent director after AGM
Redesignation is in accordance with SGX rule which stipulates that a director of a listed company will not be independent if he or she has served for an aggregate...
S&P downgrades SingPost’s credit rating to ‘BBB-’ on downscaling, subdued operating conditions
[SINGAPORE] S&P Global Ratings on Friday (Jul 25) downgraded its long-term issuer credit rating on Singapore Post (SingPost) to “BBB-” from “BBB”, as it has scaled down with the...
DayOne breaks ground on first Singapore data centre to trial hydrogen-based power generation
[SINGAPORE] DayOne Data Centers Singapore is developing the nation’s first data centre to pilot on-site hydrogen-based power generation.The Singapore-based company broke ground for the 20 megawatt data centre on...
Singapore shows readiness for nuclear power, could collaborate with Asean countries: IAEA chief
[SINGAPORE] Singapore has the potential to embark on nuclear power in the coming years, possibly in cooperation with other Asean countries, said the director-general of the United Nations’ nuclear...
VW cuts outlook after US tariffs added 1.3 billion euros in costs
[BERLIN] Volkswagen lowered its financial outlook for the year, with the escalating cost of President Donald Trump’s tariffs weighing on earnings at the Audi and Porsche brands.The automaker now...
STMicro to acquire part of NXP Semiconductors’ sensor business for US$950 million
Purchase price consists of US$900 million to be paid upfront, and US$50 million to be paid subject to the achievement of technical milestones[SINGAPORE] STMicroelectronics (STMicro) has entered into an...
STI falls on Friday, in tandem with most regional indices; STI down 0.3%
Across the broader market, advancers outnumber decliners 335 to 245 after 2.2 billion shares worth S$1.8 billion change hands[SINGAPORE] The Straits Times Index (STI) closed lower on Friday (Jul...