Culture

QAF expects ‘material reduction’ in net profit for H1 2025
Business performance is affected by increased operating costs, unfavourable foreign exchange movements, and a higher non-cash impairment of its investment in its joint venture[SINGAPORE] Food manufacturer and distributor QAF...
Chip design software firms climb as US lifts curbs on China exports
Synopsys, Cadence Design Systems and Siemens together control more than 70% of China’s EDA marketPublished Thu, Jul 3, 2025 · 06:53 PM[NEW YORK] Shares of Synopsys and Cadence Design...
Singapore shares up 0.2% amid mixed regional showing
Gainers lead decliners 277 to 215 across the broader market amid heavy trading on the city-state’s bourse[SINGAPORE] Singapore shares edged up on Thursday (Jul 3) amid a mixed showing...
Tata Consultancy Services aims to hire 50 fresh graduates to support new innovation centre
[SINGAPORE] Indian consulting giant Tata Consultancy Services (TCS) intends to hire 50 fresh graduates from local universities across different fields to support its innovation centre focused on artificial intelligence...
Latest Singapore six-month T-bill cut-off yield down at 1.85%
[SINGAPORE] The cut-off yield on Singapore’s latest six-month Treasury bill (T-bill) tumbled to 1.85 per cent, based on auction results released by the Monetary Authority of Singapore on Thursday...
China leads a Brics nations shift into solar power: report
[BEIJING] China’s vast clean-energy industry has spearheaded a Brics solar-power boom, with the bloc accounting for more than half of global generation last year, according to a new report.Most...
Boeing and Justice Department seek judge’s approval for deal opposed by crash victims’ families
BOEING and the Justice Department on Wednesday asked a US judge to approve an agreement that allows the company to avoid prosecution despite objections from relatives of some of...
Malaysia rate cut bets grow as tariff talks weigh on outlook
[KUALA LUMPUR] Expectations are growing for Malaysia’s central bank to cut interest rates at its policy meeting on Jul 9, which is also the deadline for countries to reach...
Asia: Stocks mixed as traders shrug at US-Vietnam trade deal
[HONG KONG] Stocks struggled in Asia on Thursday as investors gave a lukewarm reception to the US-Vietnam trade deal, while the dollar eased ahead of key US jobs data that...
Barclays names several leadership changes in its Asia Pacific investment banking unit
[SINGAPORE] Richard Satchwell has been appointed head of capital markets financing for Asia-Pacific at Barclays, among other key leadership changes within the bank’s Apac Investment Banking business. The change...
US lifts chip design export curbs as part of new China deal
Software from Cadence and Synopsys is used to design everything from the highest-end processors for the likes of Nvidia and Apple to simple parts such as power-regulation componentsPublished Thu,...
BOJ should resume rate hikes after pause, board member Takata says
Published Thu, Jul 3, 2025 · 10:51 AM[TOKYO] Bank of Japan board member Hajime Takata said on Thursday the central bank should resume interest rate hikes following a temporary...