Culture
Jakarta’s land crackdown clouds outlook for Singapore-listed plantation firms
Singapore-listed palm oil firms with Indonesian exposure are treading cautiously as Jakarta pushes ahead with a sweeping land seizure. The…
Section
Culture
Culture
Honda posts 50% fall in Q1 operating profit on tariffs, lifts full-year forecast
The automaker says full-year operating profit took a smaller hit from tariffs than initially projected in May Honda Motor reported a 50…
Culture
China’s policy banks rush to issue bonds before tax deadline
China’s policy banks have embarked on a bond-issuance spree in an effort to lock in lower yields before the reinstatement of a value-added…
Culture
India’s central bank holds rates as expected, but growth risks linger
The Reserve Bank of India (RBI) kept its key repo rate steady at 5.50 per cent on Wednesday, in line with expectations, as policymakers…
Culture
Chinese hotel chain Atour is said to seek second listing in Hong Kong
Its American depositary receipts have more than tripled since, valuing the company at about US$4.8 billion Hotel chain Atour Lifestyle…
Culture
EuroSports Global executive chairman and CEO Melvin Goh not stepping down despite being charged
Board decides he is suitable to continue his current roles after nominating committee re-assesses the matter Catalist-listed luxury…
Culture
Trump says banks discriminate against his supporters
US President Donald Trump on Tuesday (Aug 5) said he believes that banks discriminate against him and his supporters, adding that Bank of…
Culture
US agency approves OpenAI, Google, Anthropic for federal AI vendor list
OpenAI’s ChatGPT, Google’s Gemini and Anthropic’s Claude have been added to a list of approved AI vendors, the US government’s central…
Culture
Keppel lowers prices on the sale of stakes in Saigon Sport City
Keppel has amended the terms of the sale of its 70 per cent stake in Saigon Sport City, with the prices lower than earlier announced, a…
Culture
US: Wall Street opens higher on rate cut hopes; earnings in spotlight
Wall Street futures opened higher on Tuesday (Aug 5), supported by ongoing optimism over potential Federal Reserve interest rate cuts,…
Culture
Mapletree Pan Asia Commercial Trust prices S$200 million of green notes at 2.45%
Proceeds will be used to finance or refinance eligible projects of MPACT and its subsidiaries, says Reit manager Mapletree Pan Asia…
Culture
Apollo draws US$61 billion in record quarter, but less from wealth
Apollo Capital Management reported record earnings from fees in the second quarter, driven by a boost in lending activity and a bump in…
Culture
Elon Musk’s politics hit Tesla sales in Europe’s biggest car markets
Tesla’s new car registrations in Britain and Germany, Europe’s biggest auto markets, more than halved in July from a year earlier, as CEO…
Culture
Sats opens new cargo handling facility at Changi to cut processing time by 20%
Sats on Tuesday (Aug 5) opened a new air-cargo handling facility in Changi Airport, which is expected to cut minimum processing time for…
Culture
Wall Street bonus pool to grow as bank revenue boosted by rally
The outlook for Wall Street bonuses is improving, with payouts now set to rise across most sectors of the finance industry as the market…
Culture
F&N’s 9-month profit dips 3.9% to S$118.2 million, despite 10% revenue growth
Beverage maker Fraser and Neave (F&N) posted a net profit of S$118.2 million for the nine months ended Jun 30, a 3.9 per cent decrease…
Culture
Singapore shares boosted by retail sales growth; STI up 0.3%
The Straits Times Index (STI) settled higher on Tuesday (Aug 5) for the second consecutive session, supported by stronger-than-expected…
Culture
Hong Kong resumes currency intervention spree amid low rates
Hong Kong’s brief pause from defending its beleaguered currency proved to be short-lived, as the authorities were forced to buy local…
Culture
White House readies order to fine banks for dropping clients over politics: WSJ
The order authorises monetary penalties, consent decrees or other disciplinary measures against violators The White House is drafting an…
Culture
TSMC cracks down on potential trade secret breach, initiates legal action
Taiwan Semiconductor Manufacturing Co (TSMC) said on Tuesday (Aug 5) it had launched legal proceedings and taken disciplinary action…
Culture
US explores better location trackers for AI chips, official says
The US is exploring ways to equip chips with better location-tracking capabilities, a senior official said, underscoring Washington’s…
Culture
Apac logistics sector sees dampened near-term outlook but long-term growth plans unfazed: CBRE
Logistics occupiers across Asia-Pacific are looking beyond short-term market volatility and planning long-term investments, CBRE survey on…
Culture
These are the 10 top-performing ETFs on SGX; Reit ETF AUM hits new high of S$1.2 billion
Exchange-traded funds (ETFs) listed on the Singapore Exchange (SGX) have recorded net inflows of S$700 million in the first half of this…
Culture
Claire’s skips rent payments, moving closer to bankruptcy filing
The retailer has struggled since a 2018 bankruptcy handed control to creditors including Elliott Management and Monarch Alternative…