Culture
Singapore shares continue winning streak; STI up 0.7%
[SINGAPORE] The benchmark Straits Times Index (STI) extended its winning streak on Thursday (Jul 17), tracking gains in regional markets. The STI rose 0.7 per cent or 29.18 points...
OCBC to develop quantum applications with NUS, NTU and SMU
[SINGAPORE] OCBC will embark on research collaborations with three local universities to develop applications of quantum technology in derivative pricing, fraud detection and data security. The bank announced this...
Julius Baer seeks to cut bonuses of bankers with risky books: sources
The move comes as the Swiss lender’s top management seek to reset and put the bank on a path for growth after a string of misstepsPublished Thu, Jul 17,...
Volvo Car posts US$1 billion loss over impairment, tariffs
The automaker’s retail sales plunged 12% to 181,600 vehicles in the second quarterPublished Thu, Jul 17, 2025 · 04:06 PM[STOCKHOLM] Volvo Car posted a US$1.03 billion operating loss in...
TSMC profit surges again after AI drives big jump in sales
The company’s performance underscores resilient demand for high-end artificial intelligence chips from the likes of Nvidia and Advanced Micro Devices, which is outpacing its production capacityPublished Thu, Jul 17,...
TSMC posts record quarterly profit on AI demand, but is cautious on tariff impact
[TAIPEI] Taiwan Semiconductor Manufacturing Co (TSMC), the world’s main producer of advanced artificial intelligence (AI) chips, posted record, forecast-beating quarterly profit on Thursday (Jul 17) but warned that future...
Trek 2000 divests stake in Terrenus Energy valued at around S$8.2m
The shares are currently held as investment and do not generate any income or revenue for FY2024[SINGAPORE] Technology provider Trek 2000 International announced on Thursday (Jul 17) that it...
Trek 2000 International divests stake in Terrenus Energy valued at around S$8.2 million
[SINGAPORE] Technology provider Trek 2000 International announced on Thursday (Jul 17) that it will be disposing its 4.3 per cent stake in Terrenus Energy back to the renewable energy...
China vows to address ‘irrational competition’ in EV sector
[BEIJING] China pledged to rein in “irrational competition” in its electric vehicle (EV) sector, reflecting authorities’ increasing urgency to tackle deflationary price wars threatening economic and industrial growth.The vow...
Latest Singapore six-month T-bill cut-off yield down at 1.79%
This is the ninth consecutive issuance since Mar 26 for which yields have declined[SINGAPORE] The cut-off yield on Singapore’s latest six-month Treasury bill (T-bill) fell to 1.79 per cent,...
