Culture
OpenAI, Oracle to add 4.5GW US data centre capacity in AI expansion
OpenAI and Oracle announced they will develop 4.5 gigawatts of additional US data centre capacity in an expanded partnership, furthering a…
Section
Culture
Culture
SIA Engineering Q1 net profit rises 29.2% to S$42.9 million on strong MRO demand
Aircraft maintenance provider SIA Engineering Company (SIAEC) on Tuesday (Jul 22) reported a net profit of S$42.9 million for the first…
Culture
STI ends Tuesday flat as regional indices close mixed
The Straits Times Index (STI) closed flat on Tuesday (Jul 22) as regional indices showed mixed performances. The STI gained 0.03 per cent…
Culture
Aoxin Q&M Dental CEO resigns as whistle-blower report lodged
The company cites ‘differences in views and opinions’ with parent Q&M Dental regarding the direction of the dental business as the reason…
Culture
Julius Baer's first-half profit falls 35% on loan provisions, Brazil unit sale
Swiss bank Julius Baer posted a first-half profit of 295 million francs (S$473.5 million) on Tuesday (Jul 22), down 35 per cent…
Culture
Instead of being a universal bank across Asean, CIMB wants to have niche in each market: group CEO
CIMB wants to find its niche in each of the markets it operates in, instead of trying to serve every customer segment across Asean, said…
Culture
Bank of England considers shelving plans for a digital pound
Bank of England (BOE) officials are mulling whether to set aside plans to create a digital pound for households amid growing scepticism…
Culture
China’s Cosco eyes veto rights in deal for Li Ka-shing’s ports
China’s biggest shipping company is set to join the global consortium that’s acquiring Hong Kong tycoon Li Ka-shing’s overseas ports, and…
Culture
Temasek proposes 5-year, 10-year and 30-year tranches of offshore Chinese yuan bonds
These will be issued under its US$25 billion guaranteed global medium-term note programme Temasek announced on Tuesday (Jul 22) a proposed…
Culture
UOBKH initiates coverage on Lum Chang Creations with “buy” call on strong growth outlook
UOB Kay Hian (UOBKH) has initiated coverage on Lum Chang Creations (LCC), assigning the interior fit-out business a “buy” call and a…
Culture
Chris’s Picks from the NSALE - Southern Curls & Pearls
Can you believe I convinced Chris to write a post for us? Hehe! I’ve received many requests over the years for Chris to share some of his…
Culture
Rupiah to consolidate before further gains, Citi strategist says
The Indonesian rupiah’s recent gains are set to pause in the coming month before advancing to levels last seen in December, according to…
Culture
Oracle in talks for US$100 million Skydance-Paramount cloud deal
Oracle is in discussions with Skydance Media for a major software deal once the media company’s acquisition of Paramount Global is…
Culture
Plan for the next five years, not the next five headlines: HSBC’s Tommy Leung
Investors and business owners should adopt a long-term mindset, especially in the face of ongoing geopolitical volatility and uncertainty,…
Culture
Citi joins Goldman in asking junior bankers to reveal if they accepted other jobs
Citigroup’s move echoes steps by other investment banks to dissuade analysts from leaving after short stints Citigroup is asking its new…
Culture
Trump Media buys US$2 billion in Bitcoin for crypto treasury plan
Trump Media & Technology Group, the firm behind Truth Social, has acquired about US$2 billion in Bitcoin and related securities as part of…
Culture
US: Wall Street opens higher with tech earnings, trade updates in focus
Wall Street’s main indexes opened higher on Monday (Jul 21), as investors welcomed the prospects of new trade deals to kick off a week…
Culture
CapitaLand Malaysia Trust reports 0.9% rise in Q2 DPU to 1.18 sen on positive rental reversions, new contribution
CapitaLand Malaysia Trust (CLMT) posted a distribution per unit (DPU) of 1.18 Malaysian sen for the second quarter ended Jun 30, 2025, up…
Culture
CapitaLand Malaysia Trust posts 0.9% rise in Q2 DPU to 1.18 sen on positive rental reversions, new contribution
CapitaLand Malaysia Trust (CLMT) posted a distribution per unit (DPU) of 1.18 Malaysian sen for the second quarter ended Jun 30, 2025, up…
Culture
Singtel unit prices S$160 million in fixed-rate notes at 2.726%
Singtel Optus, a wholly owned subsidiary of the telecommunications giant, on Monday (Jul 21) priced S$160 million in fixed-rate notes due…
Culture
Dasin Retail Trust suspends trading amid financial reporting challenges
Trading in the units of Dasin Retail Trust has been suspended on the Singapore Exchange. This comes as the business trust is unable to…
Culture
Associates of Singapore-listed GHY in tie-up with iQIYI to jointly produce two short-form dramas
GHY Culture & Media has tied up with leading Chinese online entertainment service provider iQIYI to produce two short-form dramas, in “a…
Culture
UK to create new water regulator in plan that gives hope for stricken Thames Water
Britain said on Monday (Jul 21) it would overhaul water regulation to better protect the environment, investors and consumers, after an…
Culture
Stellantis expects US$2.7 billion first half loss as restructuring costs, US tariffs hit
Stellantis said on Monday (Jul 21) it expected the hit from restructuring costs and the initial impact of US tariffs to have pushed the…