Culture
STI ends Tuesday flat as regional indices close mixed
[SINGAPORE] The Straits Times Index (STI) closed flat on Tuesday (Jul 22) as regional indices showed mixed performances. The STI gained 0.03 per cent or 1.13 points to 4,208.26....
Aoxin Q&M Dental CEO resigns as whistle-blower report lodged
The company cites ‘differences in views and opinions’ with parent Q&M Dental regarding the direction of the dental business as the reason for Dr Shao Yongxin leaving[SINGAPORE] Catalist-listed Aoxin...
Julius Baer’s first-half profit falls 35% on loan provisions, Brazil unit sale
Published Tue, Jul 22, 2025 · 03:03 PM[BERN] Swiss bank Julius Baer posted a first-half profit of 295 million francs (S$473.5 million) on Tuesday (Jul 22), down 35 per...
Instead of being a universal bank across Asean, CIMB wants to have niche in each market: group CEO
[KUALA LUMPUR] CIMB wants to find its niche in each of the markets it operates in, instead of trying to serve every customer segment across Asean, said group chief...
Bank of England considers shelving plans for a digital pound
[LONDON] Bank of England (BOE) officials are mulling whether to set aside plans to create a digital pound for households amid growing scepticism over the project’s benefits, the latest...
China’s Cosco eyes veto rights in deal for Li Ka-shing’s ports
[HONG KONG] China’s biggest shipping company is set to join the global consortium that’s acquiring Hong Kong tycoon Li Ka-shing’s overseas ports, and is requesting a powerful role in...
Temasek proposes 5-year, 10-year and 30-year tranches of offshore Chinese yuan bonds
These will be issued under its US$25 billion guaranteed global medium-term note programme[SINGAPORE] Temasek announced on Tuesday (Jul 22) a proposed notes issuance in a five-year tranche, in addition...
UOBKH initiates coverage on Lum Chang Creations with “buy” call on strong growth outlook
[SINGAPORE] UOB Kay Hian (UOBKH) has initiated coverage on Lum Chang Creations (LCC), assigning the interior fit-out business a “buy” call and a S$0.39 price target on Monday (Jul...
Rupiah to consolidate before further gains, Citi strategist says
[JAKARTA] The Indonesian rupiah’s recent gains are set to pause in the coming month before advancing to levels last seen in December, according to the currency’s top forecaster.Emerging-market currencies,...
Oracle in talks for US$100 million Skydance-Paramount cloud deal
[NEW YORK] Oracle is in discussions with Skydance Media for a major software deal once the media company’s acquisition of Paramount Global is complete.The new arrangement is expected to...
