Culture
UOI H1 profit falls 39.1% to S$8.6 million, declares lower dividend of S$0.07 per share
United Overseas Insurance (UOI), the general insurance arm of UOB, posted a 39.1 per cent decline in its net profit for the first half of…
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Culture
Culture
Microsoft’s access to OpenAI tech is focus of contract talks
Microsoft is in advanced talks to land a deal that could give it ongoing access to critical OpenAI technology, an agreement that would…
Culture
Air India audit finds 51 safety lapses, from unapproved simulators to training gaps
India’s aviation watchdog found 51 safety lapses at Air India in its July audit, including lack of adequate training for some pilots, use…
Culture
Singapore shares fall for third session; STI down 0.3%
Local stocks dipped for the third straight session on Tuesday (Jul 29), with more losers than gainers, with heavy selling in Singapore…
Culture
Enough apologies: How Japan is shaking its price hike phobia
When Japanese ice pop maker Akagi Nyugyo raised its prices a meagre 10 yen in 2016, its sombre-faced management appeared in a one-minute…
Culture
Barclays profit up 23% as Trump tariff turmoil lifts trading
The bank also announced a share buyback of £1 billion and a half year dividend of 3 pence per share Barclays first-half profit rose by a…
Culture
Apple to shutter a retail store in China for the first time ever
Apple is closing a retail store in China for the first time, marking a notable retreat in a market where the iPhone maker is striving to…
Culture
The greenback strengthens against Singapore dollar, reverses broad weakening trend this year
The US dollar (USD) has climbed nearly 1.5 per cent in the past six days, reversing a downward trend that has persisted for much of this…
Culture
US dollar strengthens against Singapore dollar, reverses broad weakening trend this year
The US dollar has climbed nearly 1.5 per cent in the past six days, reversing a downward trend that has persisted for much of this year.…
Culture
China crypto firm Bitmain plans first US factory in Trump gambit
Bitmain Technologies, the world’s largest manufacturer of crypto mining hardware, plans to open its first US facility in the coming…
Culture
BYD’s Shenzhen share split could boost stock after retreat
A three-for-one stock split for BYD’s mainland-traded shares could be a positive catalyst for the carmaker after a weeks-long slump. Its…
Culture
Gold edges down on stronger US dollar, easing tariff concerns
Gold prices edged lower in early trade on Tuesday (Jul 29), weighed down by easing concerns over a global tariff war and a stronger US…
Culture
Stoneweg E-Reit divests non-core office asset in Poland for 7.8 million euros
Net proceeds from the divestment will be applied towards reducing the revolving credit facility and/or for general working capital…
Culture
The world’s biggest passenger planes keep breaking down
The world’s largest commercial passenger jet, the Airbus A380, enjoyed an unexpected resurgence hauling full loads of passengers when…
Culture
US dollar jumps most since May after US and EU reach trade deal
The US dollar jumped the most since early May, putting it on track for its first monthly gain this year, as a trade deal between the US…
Culture
First Sponsor reports 59.2% jump in H1 earnings to S$19 million, interim dividend of S$0.011 a share
Property developer First Sponsor reported a 59.2 per cent increase in earnings to S$19 million in H1 2025 from S$11.9 million in H1 2024,…
Culture
US: S&P, Nasdaq open at record highs on US–EU deal optimism
The S&P 500 and the Nasdaq opened at record highs on Monday as a US-EU trade agreement boosted investor sentiment, kick-starting a pivotal…
Culture
Mapletree Industrial Trust posts 4.7% fall in Q1 DPU to S$0.0327
Mapletree Industrial Trust’s (MIT) distribution per unit (DPU) fell 4.7 per cent to 3.27 Singapore cents for its first quarter ended Jun…
Culture
IReit Global faces potential litigation
Berlin Campus tenant alleges that dilapidation costs to reinstate the property back to its original state are unjustified IReit Global is…
Culture
Trading platform ProsperUs stops accepting new accounts, will shutter on Nov 30
Users have until Oct 31 to close all open positions and mutual fund units; any remaining will be closed or sold by parent company CGS…
Culture
SIA Q1 net profit falls 58.8% to S$186 million on associates’ losses, lower interest income
Net profit for Singapore Airlines (SIA) declined 58.8 per cent to S$186 million for Q1 FY2026 ending Jun 30, from S$452 million in the…
Culture
COE quota up 3% at 18,701 for August to October
There will be 18,701 Certificates of Entitlement (COEs) available for tender from August to October 2025. This is up 3 per cent or 469…
Culture
Trump’s AI plan to boost Asia data centre projects, says Singapore-based CEO
PRESIDENT Donald Trump’s AI Action Plan unveiled this week is set to be a positive driver for data centre projects in Asia, a…
Culture
Singapore shares fall amid mixed regional showing on Monday; STI down 0.5%
Local stocks fell for the second straight session on Monday (Jul 28) amid a mixed performance by Asian bourses, as optimism over…