Culture
FLCT prices S$100 million notes due 2034 at 2.45%
The notes, rated “BBB+” by S&P, will be issued on Aug 15 under the Reit’s S$1 billion multi-currency debt issuance programme Frasers…
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Culture
Culture
US: Wall St opens flat as chip stocks dip on China sales deal
Wall Street’s main indexes opened flat on Monday (Aug 11) as major chip companies slipped on the eve of a key tariff deadline after a…
Culture
Citigroup lifts S&P 500 year-end target to 6,600
Citigroup raised its year-end target for the S&P 500 index to 6,600, betting on US President Donald Trump’s tax and spending bill boosting…
Culture
Singapore Flyer operator Straco H1 profit down 49% at S$5.4 million
Tourist attraction developer and operator Straco has posted a 49 per cent decrease in net profit to S$5.4 million for the first half ended…
Culture
SBS Transit H1 net profit falls 7.7% to S$31.1 million
SBS Transit recorded a net profit of S$31.1 million for the first half of 2025, 7.7 per cent lower than the year-ago period. Revenue fell…
Culture
CGSI downgrades UOB to ‘hold’ following softer loans growth expectation; near-term outlook ‘uncertain’
CGS International (CGSI) analysts Tay Wee Kuang and Lim Siew Khee on Friday (Aug 8) downgraded local bank UOB to a “hold” call from a…
Culture
Ether leads weekend crypto rally as treasury buyers boost token
The rise comes off the back of mounting interest in the second-ranked cryptocurrency among large investors Second-ranked cryptocurrency…
Culture
Gold slips as dollar firms, investors book profit; US data on tap
Gold prices slipped on Monday (Aug 11) as the US dollar strengthened and some investors locked in profits after a recent rally, with…
Culture
CapitaLand Ascendas Reit proposes first UK logistics developments for an estimated S$350.1 million
CapitaLand Ascendas Reit (Clar) is proposing to launch its first logistics developments in the UK at an estimated total investment cost of…
Culture
Zheneng Jinjiang Environment H1 profit up 60.5% at 332 million yuan
Its revenue stood at 1.82 billion yuan, a marginal increase of 0.6 per cent from 1.81 billion yuan in H1 2024 China-based waste treatment…
Culture
CATL suspends output at China lithium mine for three months
Battery giant Contemporary Amperex Technology Co Limited (CATL) has suspended production at a major lithium mine in China’s Jiangxi…
Culture
Australia set to cut rates, governor stay coy on policy outlook
Australia’s central bank is poised to deliver its third interest-rate cut this year as inflationary pressures ebb, while governor Michele…
Culture
Computer-driven traders are bullish on stocks, humans are bears
THE thing about trading stocks is everyone has an opinion. And right now there’s an unusual divergence in the market that’s as stark as…
Culture
Hyperlocal deliveries fuel 300% stock rise for Shopee owner Sea
In the battle royale of global e-commerce, the names are familiar and formidable: Amazon. TikTok Shop. Shein. Temu. But in South-east…
Culture
Thai king endorses Vitai’s appointment as central bank chief
Vitai Ratanakorn is set to take office from Oct 1, according to a Royal Gazette notification Thailand’s King Maha Vajiralongkorn has…
Culture
Nvidia H20 chips not safe for China: state media
The chips could achieve functions including “remote shutdown” through a hardware “backdoor”, according to the article Nvidia’s H20 chips…
Culture
Hearing of Hyflux founder and ex-CEO Olivia Lum, ex-CFO and directors starts Monday
The trial of Hyflux founder and former chief executive Olivia Lum, its ex-chief financial officer (CFO), and four independent directors is…
Culture
Small to mid-cap stocks book highest net institutional inflows in Q3 2025
In the first five weeks of the third quarter of 2025 till Aug 7, institutions net bought S$130 million worth of Singapore-listed stocks.…
Culture
FAA proposes extending Newark flight restrictions through 2026
[WASHINGTON, DC] The US Federal Aviation Administration (FAA) proposed extending flight reductions at Newark Liberty International Airport…
Culture
Stablecoin growth is hampered by nagging foreign exchange costs
Even as stablecoins enter a period of peak expectations, veterans in wider fintech circles see limitations to the tokens as an emerging…
Culture
Hedge funds slash bullish oil bets as concerns of a glut grow
Hedge funds cut their bullish stance on US oil to the lowest since mid-April as rising US crude inventories and Organization of the…
Culture
Trump-linked World Liberty pitches a US$1.5 billion crypto vehicle
Big investors are being sounded out on a plan for World Liberty Financial, the Trump family-backed venture, to set up a public company…
Culture
US regulators to play key role in next crypto, bank fight
[WASHINGTON, DC] A major battle between crypto firms and traditional lenders over interest and bank charter applications is poised to be…
Culture
Meta’s US$29 billion deal marks pivotal moment for private credit
The heavy hitters of private credit have been waiting for this moment for years. Major lenders, which often cater to companies with dented…