Culture
Gold climbs to more than four-month high on US rate-cut bets
Gold prices rose to a more than four-month high on Monday (Sep 1), as increased expectations of a US Federal Reserve interest rate cut…
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Culture
Culture
Yangzijiang Shipbuilding soars 6.5% on the back of new orders worth US$920 million
Shares of Yangzijiang Shipbuilding soared 6.5 per cent shortly after market open on Monday (Sep 1) on the back of its announcement that it…
Culture
Cathay Cineplexes to undergo voluntary liquidation
It is not feasible for the cinema chain to continue operating as a going concern, parent mm2 Asia says Entertainment company mm2 Asia on…
Culture
Indonesia, Thailand market outlooks buffeted by political risk
Intensifying protests in Indonesia and the latest leadership upheaval in Thailand are ratcheting up political risk in the two largest…
Culture
Tokyo bourse pressed for more disclosure on management buyouts
The Tokyo Stock Exchange (TSE) remains under pressure to do more to protect minority shareholders during management buyouts (MBOs), just…
Culture
Temasek revamp makes sense given the varied capabilities needed to manage growing portfolio
Back in the early 2000s, it puzzled me that Temasek Holdings chose to describe itself as an Asia investment company headquartered in…
Culture
Superfood Kitchen to liquidate with closure of last outlet in Raffles City
It has been incurring accumulated losses; negotiations with potential buyer did not go through Local eatery Superfood Kitchen will enter…
Culture
SoftBank, Rakuten tap Japan’s booming retail demand for bonds
SALES of corporate bonds to Japan’s mom and pop investors are booming, on track to surpass last year’s record as bigger returns draw…
Culture
Hiap Seng Engineering employee killed in workshop accident
The group will take necessary measures to prevent the recurrence of such an incident An employee died in an accident at the workshop of…
Culture
‘Undervalued’ CapitaLand Ascott Trust presses on with diversification for stability and growth
The share price of CapitaLand Ascott Trust (Clas) – the largest lodging trust in the Asia-Pacific by total assets – is undervalued, said…
Culture
Indonesia’s gas crunch strains domestic industries, may shake trust in exports
Indonesia’s growing gas shortage is forcing the government to prioritise domestic industries – a decision which analysts said could…
Culture
iFast chief Lim Chung Chun ups shareholding
Over the five trading sessions from Aug 22 to 28, institutions were net buyers of Singapore stocks, with net institutional inflow of S$33…
Culture
Retail S-Reits see lower cost of debt and positive rental reversions as retail sales improve
[singapore] Seven Singapore-listed real estate investment trusts (S-Reits) with local retail assets have posted mixed results in revenue…
Culture
Hybrid-focused Japanese automaker Suzuki “not too worried” about EV-first China brands like BYD
China electric vehicle (EV) brands are making fast and furious sales in the Asia-Pacific, but Japanese carmaker Suzuki is not going…
Culture
Meta's AI leaders discuss using Google, OpenAI models in apps, The Information says
META Platforms is considering partnerships with rivals Google or OpenAI to enhance artificial intelligence (AI) features in its…
Culture
Meta to add new AI safeguards after Reuters report raises teen safety concerns
is adding new teenager safeguards to its artificial intelligence (AI) products by training systems to avoid flirty conversations and…
Culture
US makes it harder for SK Hynix, Samsung to make chips in China
THE United States is making it more difficult for chipmakers Samsung and SK Hynix to produce chips in China by revoking authorisations…
Culture
WhatsApp finds new hacking campaign targeting fewer than 200 people
WhatsApp said Friday (Aug 29) it discovered an advanced cyberespionage effort that took advantage of a chain of security vulnerabilities…
Culture
US: Stocks close lower ahead of long weekend
Wall Street stocks fell on Friday (Aug 29) heading into a long weekend, with key employment data due next week alongside other indicators…
Culture
Oil prices fall with expected low demand, upcoming supply boost
Oil prices fell on Friday (Aug 29) as traders looked toward weaker demand in the US, the world’s largest oil market, and a boost in supply…
Culture
Europe: Shares post first weekly loss in four as banks weigh
European shares closed lower on Friday (29 Aug), hitting their lowest in over two weeks, weighed down by British banks, while investors…
Culture
US: Wall Street opens lower after inflation data; tariff concerns weigh
Wall Street’s main stock indexes opened lower on Friday (Aug 29) after an in-line inflation report kept in place bets for a September…
Culture
IHH Healthcare Q2 net profit falls 28.9% on higher staff costs
Integrated healthcare provider IHH Healthcare posted a 28.9 per cent drop in net profit to RM443 million (S$134.7 million) for its second…
Culture
Aster outage spotlights cracks in Singapore’s petrochem sector
Singapore-based Aster Chemicals and Energy is prioritising a safe restart of its Bukom Island naphtha cracker while engaging with…