Business
Fed officials lukewarm on September rate cut as markets await Powell speech
Three Federal Reserve officials appeared lukewarm on Thursday to the idea of an interest rate cut next month, as investors geared up for…
Section
Business
Business
Stocks to watch: SingPost, Thomson Medical, TalkMed, LHN
The following companies saw new developments that may affect trading of their securities on Friday (Aug 22): Singapore Post (SingPost):…
Business
Stocks to watch: SingPost, Thomson Medical, TalkMed, LHN, Dezign Format
The following companies saw new developments that may affect trading of their securities on Friday (Aug 22): Singapore Post (SingPost):…
Business
SingPost Q1 operating profit tumbles 60% to S$3.4 million amid increased market pressure
Singapore Post’s (SingPost) group operating profit for the first quarter ended Jun 30 came in at S$3.4 million, a 60 per cent year-on-year…
Business
SingPost Q1 operating profit tumbles 60% to S$3.4 million amid falling revenue, margin squeeze
Singapore Post’s (SingPost) group operating profit for the first quarter ended Jun 30 came in at S$3.4 million, a 60 per cent year-on-year…
Business
Walmart expects better sales, earnings as shoppers squeezed by tariffs
BIG-BOX retailer Walmart reported solid revenue growth on Thursday and said that it expects better sales and earnings for the full year,…
Business
Europe: Shares steady with Fed’s summit in focus; US-EU lock in trade deal
EUROPEAN equities were subdued on Thursday as investors awaited updates from the Federal Reserve’s Jackson Hole symposium, while the…
Business
US: Stocks retreat ahead of Fed chair’s speech
Street’s major indexes closed lower on Thursday as traders girded for a key speech by Federal Reserve Chair Jerome Powell the following…
Business
Coliwoo to launch co-living project at old Bukit Timah Fire Station in September
The property will feature retail tenants with experiential offerings, such as urban farming Coliwoo, a unit of real estate services group…
Business
‘Choice’ Cannot Coexist with Abortion Coercion | National Review
The abortion industry has enabled coercion and abuse and is willing to sacrifice women’s ‘choice’ on the altar of abortion access and…
Business
US: Wall Street opens lower as investors brace for Fed meet; Walmart slides
Street’s main indices opened lower on Thursday (Aug 21), as investors turned cautious ahead of the US Federal Reserve’s three-day…
Business
Thomson Medical secures S$225 million Islamic revolving credit facility
Thomson Medical Group has obtained a S$225 million Islamic revolving credit facility from Maybank in Singapore, the company said on…
Business
Singapore, Hong Kong want a slice of the US$250 billion stablecoin pie
Regional financial centres Singapore and Hong Kong are both aiming to capture a piece of the US$250 billion stablecoin market. On Aug 1,…
Business
Olivia Lum trial: What is non-disclosure
After years of struggling with the Tuaspring project, Hyflux was ordered to be wound up in 2021, marking a critical chapter in one of…
Business
Olivia Lum trial: What counts as non-disclosure?
After years of struggling with the Tuaspring project, Hyflux was ordered to be wound up in 2021, closing a critical chapter in one of…
Business
Singapore shares rise as market eagerly awaits signals of interest rate cuts; STI up 0.3%
Singapore shares rose on Thursday (Aug 21), as the market awaits for hints from US Federal Reserve chairman Jerome Powell about the future…
Business
Musk’s Starlink courts luxury airlines to grow in-flight Wi-Fi business
For the past three years, Elon Musk has steadily elbowed his way into the booming market for in-flight Wi-Fi, with his Starlink service…
Business
Sats rises 5.7% to three-week high on Q1 profit growth
Shares of ground handler and inflight caterer Sats climbed in early trade on Thursday (Aug 21), a day after the group posted higher…
Business
Sats rises 2.5% on Q1 profit growth
Shares of ground handler and in-flight caterer Sats advanced on Thursday (Aug 21), a day after the group posted higher first-quarter…
Business
Hyflux’s legal head did not raise issues over non-compliance of listing rules for draft announcement, witness says
The legal head of Hyflux did not raise any issue of non-compliance with the listing rules in a draft of an announcement on the company…
Business
Hyflux’s legal head did not raise issues over non-compliance of listing rules for draft announcement, says witness
The legal head of Hyflux did not raise any issues of a draft announcement being non-compliant with Singapore Exchange (SGX) listing rules,…
Business
McDonald’s Japan scraps ‘One Piece’ promotion after Pokemon frenzy
NALD’S Japan has cancelled a promotion based on the classic One Piece manga series, after a similar Pokemon-themed campaign sparked a…
Business
Baidu ranks as China’s cheapest Internet stock amid AI concerns
Sharp stock underperformance for Baidu on concerns over its outlook have left it trading at the cheapest valuation among China’s major…
Business
Complex to Open Permanent ‘Concept Retail Space’ in SoHo
Aaron Levant has always tried to figure out a way to stay ahead of the game. Now chief executive officer of Complex, the entrepreneur…