Culture
Chinese tech financier released after probe: former colleague
Chinese tech financier Bao Fan has been released by Chinese authorities after vanishing from public view over two years ago while…
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Culture
Culture
US licenses Nvidia to export chips to China, official says
The commerce department has started issuing licences to Nvidia to export its H20 chips to China, a US official told Reuters on Friday (Aug…
Culture
Oil steadies on reports of US-Russia deal, ends week about 5% lower
Oil held steady on Friday (Aug 8) as markets awaited a meeting in coming days between Russian President Vladimir Putin and his US…
Culture
Europe: Shares post biggest weekly gain in 12 powered by financials
European shares posted their biggest weekly gain in 12 weeks on Friday (Aug 8), as banking stocks continued to drive the benchmark index…
Culture
US: Nasdaq posts record closing high with tech gains, rate cut optimism
US stocks ended higher and the Nasdaq notched a record closing high for the second straight day on Friday (Aug 8) as technology-related…
Culture
Sri Trang Agro-Industry swings to net loss of 786.8 million baht in Q2
Sri Trang Agro-Industry swung to a net loss of 786.8 million baht (S$31.3 million) for the second quarter ended June, from earnings of…
Culture
CEO pulled Boeing out of nosedive, but new challenges approach
One year after taking the helm during Boeing’s deepest crisis in decades, CEO Kelly Ortberg has stopped the company’s freefall. Now, he…
Culture
Sri Trang Gloves Q2 earnings drop by 79.6% to 77.1 million baht
Sri Trang Gloves posted a net profit drop of 79.6 per cent year on year to 77.1 million baht (S$3.1 million) for the quarter ended June,…
Culture
Ikea bets on online growth in China with JD.com launch
Swedish budget furniture retailer Ikea opened a digital store on Chinese ecommerce platform JD.com on Friday (Aug 8), as it expands its…
Culture
US: Wall Street opens higher as Fed shake-up stokes dovish bets
Street’s main indexes opened higher on Friday (Aug 8) as US President Donald Trump’s temporary pick for a Federal Reserve governor post…
Culture
US dollar softness to relieve pressure on Asia’s foreign exchange defenders
The worst may be over for Asia’s central banks that have ramped up efforts defending local currencies after a resurgent US dollar and…
Culture
QAF H1 net profit drops by 69% to S$3.9 million
QAF posted a drop of 69 per cent in its net profit to S$3.9 million for the half-year of FY2025 ended June, impacted by a marginal dip in…
Culture
Apac Realty’s H1 net profit more than doubles to S$11.3 million on higher home sales
Real estate services player Apac Realty’s net profit more than doubled to S$11.3 million for its first half ended Jun 30, 2025. This was…
Culture
IPO for Centurion’s new Reit at ‘very advanced’ stage, launch likely in September
If all goes well, Centurion Corp may launch the initial public offering (IPO) of its new real estate investment trust (Reit) as soon as…
Culture
Singapore stocks end Friday in the red amid mixed Asia markets; STI down 0.4%
Local stocks ended its rally to close lower on Friday (Aug 8), following a mixed performance across Asian markets as investors navigated a…
Culture
UOB-Kay Hian posts 12.9% lower net profit for H1
Earnings per share for the half-year fell to S$0.106, from S$0.1264 in the year-ago period UOB-KAY Hian posted a 12.9 per cent…
Culture
Hong Leong Finance H1 net profit down 38.7% to S$32.2 million on compressed net interest margins
Hong Leong Finance posted a 38.7 per cent year-on-year fall in net profit to S$32.2 million for the six months ended Jun 30, 2025. This…
Culture
China July car sales growth slows on weak hybrid demand, price war curbs
China’s car sales growth slowed in July partly due to weaker demand for hybrids, as regulators in the world’s biggest auto market crack…
Culture
China tells brokers to stop touting stablecoins to cool frenzy: sources
China told local brokers and other bodies to stop publishing research or hold seminars to promote stablecoins, seeking to rein in the…
Culture
IReit Global sees risk of losing potential lawsuit as ‘remote’, takes no action for now
The manager of IReit Global does not plan to take any steps to mitigate the impact of a potential lawsuit from its main tenant for now,…
Culture
SoftBank shares hit record high on AI prospects
Shares in SoftBank Group jumped more than 13 per cent to a record high on Friday (Aug 8) in a show of investor support for the Japanese…
Culture
Singapore semiconductor firms exposed to planned US tariff, but impact may vary: analysts
Semiconductor-related firms in Singapore are under the spotlight after President Donald Trump’s threat of a US semiconductor tariff.…
Culture
Ticker glitch, rising competition deepen woes for Australian bourse
ASX is grappling with rising regulatory pressure and intensifying competition, as shares of Australia’s main exchange operator trail most…
Culture
Popiah king Sam Goi makes chain offer for Tat Seng Packaging after PSC offer turns unconditional
Local tycoon Sam Goi has launched a cash offer to buy all shares of Tat Seng Packaging that he does not yet own at S$0.899 apiece. He is…