Culture
Intel says revenue rose as it cut ranks
Intel on Thursday posted quarterly revenue that topped market expectations, saying it has cut about 15 per cent of its workforce to be…
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Culture
Culture
First half net profit plunges 22% at French luxury group LVMH
French luxury group LVMH saw net profit plummet 22 per cent in the first half of 2025, the company announced on Thursday, blaming the…
Culture
Trump, Fed chief Powell bicker during tense central bank visit
Donald Trump and US Federal Reserve chairman Jerome Powell appeared together for a tense meeting on Thursday as the president toured the…
Culture
GIC posts 3.8% 20-year annualised real rate of return; expects returns ahead will be more volatile
Sovereign wealth fund GIC reported an annualised rolling 20-year real rate of return of 3.8 per cent for its latest period ended Mar 31,…
Culture
Nvidia AI chips worth US$1 billion entered China despite US curbs: FT
Nvidia’s advanced artificial intelligence chips worth at least US$1 billion were smuggled to China in the three months after Washington…
Culture
US: S&P 500, Nasdaq open higher
The S&P 500 and the Nasdaq opened higher on Thursday as investors assessed tech earnings and monitored trade negotiations, while losses in…
Culture
Sri Lanka orders Singapore shipowner to pay US$1 billion over marine disaster
The shipping firm initially paid US$7.85 million for the immediate cleanup and as compensation for fishermen who were deprived of their…
Culture
ECB leaves interest rates unchanged amid tariff uncertainty
The European Central Bank left its main interest rate unchanged at 2 per cent as expected on Thursday (Jul 24), taking a break after a…
Culture
ECB keeps rates steady as it awaits clarity over trade
The European Central Bank left interest rates unchanged on Thursday (Jul 24) after cutting eight times in a year, biding its time while…
Culture
Frasers Centrepoint Trust retail portfolio occupancy hits 99.9% in Q3
Committed occupancy in the retail portfolio of Frasers Centrepoint Trust (FCT) reached 99.9 per cent in the third quarter ended Jun 30,…
Culture
Rising affluence, rate cuts fuelling housing market, but economic uncertainty is a wild card: Knight Frank
Interest rate cuts, growing affluence and low unemployment rates spell good news for Singapore’s private residential market, but a…
Culture
Suntec Reit posts 3.7% rise in H1 DPU to S$0.03155
The manager of Suntec Real Estate Investment Trust (Reit) on Thursday (Jul 24) posted a distribution per unit (DPU) of S$0.03155 for the…
Culture
Singapore shares continue to rise, tracking regional indices; STI up 1%
The Straits Times Index (STI) closed higher on Thursday (Jul 24), tracking regional indices. The STI ended 1 per cent or 41.77 points up…
Culture
Air India warned by regulator over 'systemic' lapses in fatigue management and training
Air India has been warned by India’s aviation regulator that it could face enforcement action for breaching safety standards related to…
Culture
Lynas sees higher rare earths prices after US backs MP Materials
Prices of rare earths could rally further given growing demand for Western material, reflected in a recent deal by the US that has shown…
Culture
Britain's Lloyds says profits up 5%, even as economic outlook dims
Statutory profit before tax for the first six months of the year was £3.5 billion Lloyds Banking Group reported its profit for the first…
Culture
Microsoft says some SharePoint server hackers now using ransomware
A cyber-espionage campaign centred on vulnerable versions of Microsoft’s server software now involves the deployment of ransomware,…
Culture
Deutsche Bank posts better-than-expected Q2 profit
Deutsche Bank returned to a better-than-expected profit in the second quarter from a year ago despite mixed results at its global…
Culture
Trump to visit Federal Reserve on Thursday, ramping up pressure on Powell
US PRESIDENT Donald Trump, a robust critic of Federal Reserve Chair Jerome Powell, will visit the central bank on Thursday, the White…
Culture
ST Engineering up 7.3% on Q2 contract wins
ST Engineering soared on Thursday (Jul 24) morning after the group announced that it bagged S$4.7 billion in contracts for Q2 2025. As at…
Culture
Elite UK Reit to convert Scotland property into PBSA facility by Sep 2027
The manager of Elite UK Reit on Thursday (Jul 24) announced that it received planning approval to convert a freehold property in Scotland…
Culture
Stocks to watch: ST Engineering, MPACT, MLT, Digital Core Reit, Sabana Reit, OUE Reit
The following companies saw new developments that may affect trading of their securities on Thursday (Jul 24): ST Engineering: The group…
Culture
Bank of Japan watchers still predict next rate hike in October or January
Bank of Japan (BOJ) watchers increasingly expect authorities to raise the benchmark interest rate either in October or January, according…
Culture
Nvidia supplier SK Hynix Q2 profit rises 69%, meets forecasts
South Korea’s SK Hynix posted on Thursday a record quarterly profit, driven by strong demand for advanced chips used in generative…