Business
ANZ reports third-quarter rise in deposits, loans
RALIA’S ANZ Group said on Friday its customer deposits and net loans and advances rose in the third quarter, while credit risk-weighted…
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Business
Business
Apple rejects Musk claim of App Store bias
APPLE on Thursday rejected Elon Musk’s claim that its digital App Store favours OpenAI’s ChatGPT over his company’s Grok and other rival…
Business
Shifting appetite among Asia’s rich could lift investments in alternative assets
More of Asia’s richest are viewing private-market investments as a core part of their portfolios, say senior private bankers. With…
Business
Traders trim Fed-cut bets as wholesale inflation clouds outlook
Wall Street traders dialled back expectations for an interest-rate cut next month, sending Treasury yields higher, after fresh data on…
Business
Apple Watch gets revamped blood oxygen feature
E on Thursday said some of its top smartwatch models are getting a redesigned blood oxygen sensing feature, sidelined for several years by…
Business
For just US$1 million, wealthy investors can buy a stake in hedge fund Millennium
For just US$1 million, investors are being offered a slice of one of the world’s largest hedge fund firms. Goldman Sachs is offering…
Business
Europe: Stocks close at two-month highs propelled by earnings, defence stocks
EUROPEAN shares closed at their highest level in more than two months on Thursday, with aerospace and defence stocks and financials…
Business
Citigroup considers custody and payment services for stablecoins, crypto ETFs
Citigroup is exploring providing stablecoin custody and other services, a top executive told Reuters, in a further sign sweeping policy…
Business
US: Stocks hold steady after wholesale prices jump
Wall Street stocks shook off early losses to finish essentially flat on Thursday as markets digested disappointing inflation data that…
Business
HSBC plans major global expansion of office, staff surveillance, documents show
HSBC plans to step up surveillance of staff and buildings by adding more cameras and biometric access to its premises globally, internal…
Business
Who Is Robert Sullivan? Alabama Pastor Under Investigation for Having Sexual Relationship with Teen Stripper and Paying Her Money to Keep Quiet
A Catholic priest is being investigated for allegedly starting a years-long affair with a 17-year-old stripper and giving her hundreds of…
Business
Freddie Bharucha Named Next CEO of P&G Beauty
The top-level changes at Procter & Gamble continue. Three weeks after the consumer goods giant announced chief executive officer Jon…
Business
UOL to acquire student accommodation property in UK for £43.5 million
Property developer UOL is acquiring a complex of student residential halls from the University of Brighton in the United Kingdom for £43.5…
Business
Yanlord Land back in the black with H1 net profit of 379.2 million yuan
Yanlord Land recorded a net profit of 379.2 million yuan (S$67.8 million) for the first half of 2025, reversing from a net loss of 486…
Business
US: S&P 500, Nasdaq retreat from record rally after hot producer inflation data
The S&P 500 and the Nasdaq retreated from record highs on Thursday (Aug 14), after a hotter-than-expected producer prices report dampened…
Business
Ho Bee Land H1 net profit increases over four times to S$49.8 million
Ho Bee Land recorded a net profit of S$49.8 million in the first half of the year, a more than 400 per cent increase from S$8.8 million in…
Business
Thai Beverage 9-month Ebitda falls 4% to 45 billion baht
Thai Beverage (ThaiBev) posted a 4 per cent drop in earnings before interest, taxes, depreciation, and amortisation (Ebitda) to 45 billion…
Business
Straits Trading reports H1 loss of S$40.8 million
The Straits Trading Company recorded a net loss of S$40.8 million for the first half of 2025, reversing from a net profit of S$5.2 million…
Business
Dezign Format to debut on Catalist on Aug 15 after S$6.5 million IPO
Dezign Format will begin trading on the Singapore Exchange’s (SGX) Catalist board when the market opens at 9am on Friday (Aug 15),…
Business
Hotel Properties is back in the black with S$11.4 million H1 profit
Earnings per share for the period was S$0.0134, up from a loss per share of S$0.0162 in the year before Hotel Properties (HPL), which is…
Business
VinFast to spin off R&D assets in 39.8 trillion dong deal with founder
The newly-formed company, Novatech Research and Development, will be carved out from VinFast Trading and Production (VFTP) and will…
Business
OUE back in the black with H1 net profit of S$35.6 million
OUE recorded a net profit of S$35.6 million for the first half of 2025, reversing from the S$96.1 million loss in the year-ago period. The…
Business
Foxconn sees robust AI demand continuing after Q2 profit tops forecast
Foxconn expects higher third-quarter revenue, it said on Thursday (Aug 14), on robust demand for artificial intelligence servers, which…
Business
Frencken posts 9.9% rise in H1 profit to S$19.9 million
Semiconductor player Frencken on Thursday (Aug 14) reported a 9.9 per cent increase in profit to S$19.9 million for the first six months…