Culture
US: Dow advances, S&P 500 logs new record with boost from tariff pacts
Wall Street stocks advanced on Wednesday with the Dow logging strong gains and the S&P 500 closing at a record for the third time in a row…
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Culture
Culture
Moody’s profit tops estimates in sign of credit market’s rebound
Moody’s adjusted earnings per share of US$3.56 topped analysts’ forecasts of US$3.38 Moody’s, a bond grader and financial data provider,…
Culture
SingPost directors quizzed about future strategies and CEO at AGM
National postal service provider Singapore Post’s (SingPost) board was pressed by shareholders at its annual general meeting (AGM) on…
Culture
US: Wall Street opens higher as US-Japan trade deal lifts sentiment
Wall Street opened higher on Wednesday (Jul 23) after President Donald Trump struck a trade deal with Japan, shoring up expectations of…
Culture
Tally of Microsoft victims surges to 400 as hackers capitalise on SharePoint flaw
The number of companies and organisations compromised by a security vulnerability in Microsoft’s SharePoint servers is increasing rapidly,…
Culture
Amazon shuts down Shanghai AI research lab: report
Amazon is shutting down its Shanghai artificial intelligence lab, which was established by its cloud services arm in 2018, the Financial…
Culture
OUE Reit H1 DPU gains 5.4% to S$0.0098 on capital management, resilient Singapore portfolio
OUE Real Estate Investment Trust (OUE Reit) reported a distribution per unit (DPU) of S$0.0098 for the first half ended Jun 30, 2025, up…
Culture
Mapletree Logistics Trust posts 12.4% fall in Q1 DPU to S$0.01812
Distribution per unit for Mapletree Logistics Trust (MLT) fell 12.4 per cent to S$0.01812 for the first quarter ended June, from S$0.02068…
Culture
Apple and Google face more UK antitrust scrutiny over mobile ecosystems
A final decision on both designations is expected by Oct 22, with the regulator also outlining possible next steps in its parallel…
Culture
MPACT to dispose two office buildings in Japan for 8.7 billion yen
The move is not expected to have a material impact on the trust’s net asset value as at Mar 31, 2026 Mapletree Pan Asia Commercial Trust…
Culture
Sabana Reit’s H1 DPU rises 26.9% to S$0.017 on higher overall occupancy, sustained positive rental reversions
Sabana Industrial Real Estate Investment Trust (Reit) posted a distribution per unit (DPU) of S$0.017 for the first half of its fiscal…
Culture
Digital Core Reit H1 DPU unchanged at US$0.018
The manager of Digital Core Real Estate Investment Trust (Reit) on Wednesday (Jul 23) posted a distribution per unit (DPU) of US$0.018 for…
Culture
UBS loses EU fight over Credit Suisse’s role in ‘Sterling Lads’, but fine cut sharply
The tribunal cut the amount of the fine from 83.2 million euros to 28.9 million euros Group lost the crux of its case against European…
Culture
Citi targets Middle East ultra-rich with push to hire private bankers
Citigroup’s private bank is planning a hiring drive for the Middle East region as part of the Wall Street giant’s global expansion of its…
Culture
BOJ sees trade deal as raising chance of meeting inflation goal
Japan’s trade deal with the US has reduced uncertainty surrounding the economy, the central bank’s deputy governor Shinichi Uchida said,…
Culture
PNC taps Coinbase to create crypto trading offering for bank customers
The banking industry has fiercely resisted accusations that it denies services based on ideological reasons Bank is working with…
Culture
PayPal to create global digital wallet platform with Tenpay, UPI
The company also plans to add artificial intelligence and stablecoin use cases to the digital wallet platform at some point PayPal…
Culture
Japan vows more US rice imports within tariff-free quota
Japan will import more rice from the United States but within the existing tariff-free quota, Prime Minister Shigeru Ishiba said on…
Culture
US: Wall St opens muted with corporate earnings, trade talks in focus
Wall Street opened flat on Tuesday (Jul 22) as investors weighed signs of potential trade deals between the US and its partners ahead of…
Culture
SingPost divests freight forwarding business Famous Holdings for S$177.9 million
Singapore Post (SingPost) has divested its entire freight forwarding business, Famous Holdings, for about S$177.9 million. The sale…
Culture
DFI Retail Group posts 38.9% rise in H1 underlying profit, pays special dividend of US$0.443 a share
Supermarket and retail store operator DFI Retail Group’s underlying profit rose 38.9 per cent to US$105 million for the first half ended…
Culture
Lockheed Martin's Q2 profit plummets on US$1.6 billion charge
Lockheed Martin reported on Tuesday (Jul 22) that its second-quarter profit plunged by about 80 per cent, after the US defence giant…
Culture
SPH Media lays off 11 workers with decommissioning of old printing presses
SPH Media will lay off 11 production workers, following the decommissioning of two of the company’s 30-year-old printing presses which…
Culture
Aztech Global H1 net profit drops 65.5% to S$16.1 million on subdued customer demand
Aztech Global’s net profit plunged 65.5 per cent to S$16.1 million, from S$46.7 million, for the first half ended Jun 30, 2025. Similarly,…