Culture
South Korea’s LG Energy Solution says Q2 profit likely up 152% on year
Published Mon, Jul 7, 2025 · 11:13 AM[SEOUL] South Korea’s LG Energy Solution (LGES), an electric car battery supplier for General Motors and Tesla, on Monday (Jul 7) estimated...
Richard Li’s FWD rises in HK debut, reversing earlier declines
[HONG KONG] Billionaire Richard Li’s FWD Group Holdings rose in its Hong Kong trading debut, reversing earlier declines, after an initial public offering (IPO) that raised HK$3.5 billion (S$570...
Data Protection Trustmark elevated to Singapore Standard
[SINGAPORE] Minister for Digital Development and Information Josephine Teo announced the elevation of the Data Protection Trustmark (DPTM) to the Singapore Standard 714 at the opening of the Personal...
After petrol, China’s oil refiners face a jet fuel glut
[NEW YORK] China’s oil refiners are grappling with an oversupply of jet fuel, in yet another blow to the bottom line of a sector already dealing with ebbing demand...
Taiwan stock ETFs lead inflows in Asia with US$19 billion haul
[TAIPEI] Traders are swarming to equity-focused, exchange-traded funds (ETFs) listed in Taiwan, with demand from retail investors and a strong local currency driving up flows.Taiwan-listed equity ETFs have attracted...
Xiaomi founder’s bold EV bet is paying off where Apple’s failed
[HONG KONG] Lei Jun, founder and chairman of Xiaomi, the only tech company to have successfully diversified into carmaking, could not resist.Speaking at a triumphant launch event in Beijing...
TikTok building new version of app ahead of expected US sale: report
Published Mon, Jul 7, 2025 · 07:40 AM[BENGALURU] TikTok is building a new version of its app for users in the United States ahead of a planned sale of...
Oil slips 1% after Opec+ accelerates output hikes
Published Mon, Jul 7, 2025 · 07:06 AM[SINGAPORE] Oil prices slipped 1 per cent at the start of trading on Monday after Opec+ accelerated output hikes and raised concerns about...
ING looks to expand non-interest income pillars in Singapore to buffer rate risks
[SINGAPORE] Dutch lender ING is accelerating efforts to build up its fee-based revenue amid the prospect of lower interest rates. In Singapore, that means deeper investments in capital markets...
Great Eastern says Takeover Code not breached when it shared IFA valuation with OCBC
[SINGAPORE] Great Eastern Holdings said that sharing the indicative range of share values determined by its independent financial adviser (IFA) with OCBC did not breach The Singapore Code on Take-overs...
Foxconn reports record Q2 revenue, cautions about geopolitical and exchange rate risks
[TAIPEI] Taiwan’s Foxconn, the world’s largest contract electronics maker, reported record second-quarter revenue on strong demand for artificial intelligence products but cautioned about geopolitical and exchange rate headwinds.
Revenue for...
