Culture
Aster outage may ripple across Singapore’s petrochemical sector
Singapore-based Aster Chemicals and Energy is prioritising a safe restart of its Bukom Island naphtha cracker while engaging with…
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Culture
Culture
Jack Ma-backed Ant’s profit dives 60% after AI, global expansion
ANT Group’s quarterly profit fell 60 per cent, after the Chinese digital payments giant made more inroads overseas and invested in…
Culture
Malaysia's Petronas says it will undergo 'strategic transformation' as H1 profit falls
Malaysian state energy firm Petroliam Nasional Bhd (Petronas) said on Friday (Aug 29) that it was undergoing a ‘strategic transformation’…
Culture
Alibaba falls short of Q1 revenue estimates
It reported total revenue of 247.65 billion yuan in the first quarter ended June, compared with an estimate of 252.92 billion yuan China’s…
Culture
Singapore stocks extend rally on Friday; STI up 0.4%
Across the broader market, gainers beat losers 314 to 202, as 1.2 billion securities worth S$1.4 billion change hands The local bourse…
Culture
Thailand’s 1.47t baht fund sees gold, equities boosting returns
LAND’S Government Pension Fund (GPF) expects gold, commodities and a rally in global equities to drive a recovery in its returns after a…
Culture
OCBC initiates coverage on Info-Tech Systems with “buy” call and fair value estimate of S$1.00
OCBC Investment Research has initiated coverage on Info-Tech Systems with a “buy” call, on account of favourable secular growth trends…
Culture
OCBC initiates coverage on Info-Tech Systems with ‘buy’ call amid favourable growth trends
OCBC Investment Research has initiated coverage on Info-Tech Systems with a “buy” call, on account of favourable secular growth trends…
Culture
IMDA partners AWS and Trainocate to create 100 jobs and training opportunities in AI and cloud
In a bid to push for more talent fluent in artificial intelligence (AI), the Infocomm Media Development Authority (IMDA) announced on…
Culture
Forever 21 looks to resurrect China, North America business with new partners
Fast fashion brand Forever 21 is making its fourth run at the Chinese market, having previously entered and exited the world’s…
Culture
Chinese banks face profit squeeze as loan growth falters
Top Chinese banks’ first-half results on Friday (Aug 29) will underline the impact of slowing loan growth in a deflationary economy, a…
Culture
Beyond bill payments, AXS’ plans for the future include building a payment ecosystem
Since its inception in 2000, AXS has been synonymous with its eponymous kiosks that facilitate online bill payments. Now, it wants to…
Culture
Australian shares post best August in 16 years as earnings season ends
The Australian benchmark notched its best August performance in sixteen years on Friday (Aug 29) as the corporate earnings season wrapped…
Culture
Asean Power Grid: Can South-east Asia finally plug into a shared power future?
In 2011, Frank Phuan co-founded Sunseap Leasing, one of Singapore’s earliest solar energy providers. More than a decade on, he is chasing…
Culture
RHB expects S-Reit demand to rise, Singapore Government Securities yield to moderate further
Singapore Reit (S-Reit) demand is expected to rise, said RHB Bank analyst Shekhar Jaiswal on Friday (Aug 29). A benign inflation backdrop,…
Culture
SP Group acquires Siemens’ 49% stake in Power Automation to become sole owner
SP Group announced on Friday (Aug 29) that it is now the sole owner of Power Automation, after having acquired Siemens’ stake in the joint…
Culture
Gold poised for monthly gain on soft dollar, US rate-cut hopes
GOLD prices were on track for a monthly rise on Friday after striking a more than one-month peak in the previous session, supported by an…
Culture
GuocoLand falls by nearly 3% after reporting slump in H2 net profit to S$32.4 million
Shares of GuocoLand tumbled by close to 3 per cent on Friday (Aug 29) morning following the announcement of its net profit for the…
Culture
Aims Apac Reit to acquire two industrial buildings in Aljunied for S$56.7 million
Aims Apac Reit is proposing to acquire an industrial property, comprising two buildings in the Aljunied area, for around S$56.7 million,…
Culture
Stocks to watch: Olam, GuocoLand, Civmec, mm2 Asia, Aims Apac Reit, Shangri-La Asia
The following companies saw new developments that may affect trading of their securities on Friday (Aug 29): Olam: The food and…
Culture
Shangri-La Asia H1 net profit down 38.7% at US$57.9 million amid higher revenue
Hotel group Shangri-La Asia on Thursday (Aug 28) posted a net profit of US$57.9 million for the six months ended Jun 30, 2025, down 38.7…
Culture
Correction
In our article (Aug 22), we had said that Lee Kim Tah (LKT) is planning to file criminal complaints as it could... Source link
Culture
Federal Reserve’s Waller sees rate cuts over next 3-6 months, starting in September
FEDERAL Reserve Governor Christopher Waller on Thursday stepped up his call for cutting short-term US borrowing costs, saying he would…
Culture
Oil settles higher as traders await Trump’s statement on Russia-Ukraine
Oil prices settled higher on Thursday, bouncing off early losses after the White House said US President Donald Trump was not happy when…