Business
BlueSG to pause operations, revamp fleet amid complaints of vehicle, app issues
Car-sharing operator BlueSG on Monday (Aug 4) announced that it would pause its car-sharing operations from Aug 8 while it prepares for a…
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Business
Business
BlueSG to pause operations, revamp fleet amid complaints of car and app issues
BlueSG on Monday (Aug 4) announced that it would pause its car-sharing operations from Aug 8, while it prepares for a major upgrade to its…
Business
China to tax bond interest income after decades of exemption
China said that it plans to tax interest income on bonds issued by the government and financial institutions, in a surprise move that’s…
Business
BYD shares fall as stalling sales put annual target in question
BYD shares fell in Hong Kong trading on Monday (Aug 4), as sputtering monthly sales growth raised doubts about whether the Chinese…
Business
Asia: Markets fluctuate as traders weigh tariffs, US jobs
Asian markets flitted between gains and losses on Monday as investors continued to digest last week’s tariff blitz by Donald Trump and a…
Business
HPL shares pare earlier losses to decline slightly as Ong Beng Seng pleads guilty
Shares of Hotel Properties Limited (HPL) tumbled in early trade on Monday (Aug 8) but pared losses as property magnate Ong Beng Seng pled…
Business
HPL shares unfazed by founder Ong Beng Seng’s guilty plea
Shares of Hotel Properties Ltd (HPL) tumbled in early trade on Monday (Aug 4) but pared losses as property magnate Ong Beng Seng pleaded…
Business
HPL investors unfazed by founder Ong Beng Seng’s guilty plea
Shares of Hotel Properties Ltd (HPL) had tumbled in early trade on Monday (Aug 4) but pared losses as property magnate Ong Beng Seng…
Business
HPL investors unfazed by founder Ong Beng Seng’s guilty plea; shares up 1.1% at midday
Shares of Hotel Properties Ltd (HPL) had tumbled in early trade on Monday (Aug 4) but pared losses as property magnate Ong Beng Seng…
Business
Shares of HPL close 0.7% higher; investors unfazed by founder Ong Beng Seng’s guilty plea
Shares of Hotel Properties Ltd (HPL) ended their session on Monday (Aug 4) 0.7 per cent or S$0.04 up at S$5.50, following its founder Ong…
Business
Gold succumbs to profit-taking after US jobs data-fuelled rally
Gold prices slipped on Monday (Aug 4) as investors booked profits after a sharp rise in the previous session following…
Business
mm2 Asia faces S$17.6 million in claims but says it can continue as a going concern
Eight counterparties have issued letters of demand against the company and Cathay Cineplexes In a bourse filing on Monday (Aug 4), Cathay…
Business
Melco eyes global casino expansion on new asset-light model
Melco Resorts & Entertainment is in talks to expand its brand beyond Macau, with plans to ramp up an asset-light strategy by teaming up…
Business
Nio’s July deliveries rise 2.5% amid launch of smart large-space SUV
Chinese electric vehicle maker Nio announced on Friday (Aug 1) after trading hours that it had delivered 21,017 vehicles in July, up…
Business
United Hampshire US Reit acquires freehold Pennsylvania shopping center for US$16.4 million
The purchase marks the Reit’s third acquisition in Pennsylvania, the manager says United Hampshire US Reit has acquired freehold shopping…
Business
United Hampshire US Reit acquires freehold Pennsylvania shopping centre for US$16.4 million
United Hampshire US Reit has acquired a freehold grocery-anchored shopping centre in Pennsylvania for a purchase consideration of S$16.4…
Business
Stocks to watch: SIA, Nio, Genting Singapore, CDL, United Hampshire US Reit, GHY, Ossia
The following companies saw new developments that may affect trading of their securities on Monday (Aug 4): Singapore Airlines (SIA): The…
Business
UK’s FCA proposes £9 billion to £18 billion redress scheme for motor finance claims
Britain’s Financial Conduct Authority (FCA) on Sunday proposed a redress scheme for consumers with motor finance compensation claims…
Business
Thai Airways shares to resume trading after exit from restructuring
The move marks the flag carrier’s return to normal business operations after it had accumulated more than 400 billion baht of debt in the…
Business
Thai Airways’ share price soars more than 200% after trading resumption
Thai Airways International’s stock price had risen 216 per cent when the market closed on Monday (Aug 4) after shares in the airline…
Business
South Korea’s SK On aims to best rivals with next-generation batteries
SK Innovation’s battery unit plans to accelerate development of cutting-edge technologies in partnership with US and European carmakers,…
Business
The insidious risk in holding on to cash
Cash is king – or is it? With interest rates still well above pre-2022’s zilch and pundits touting the Singapore dollar’s “safe haven…
Business
Oil slips after Opec+ agrees to hike output in September
Oil prices slipped in early Asian trade on Monday after Opec+ agreed to another large production hike in September. Brent crude futures…
Business
Crypto mogul flies to space aboard latest Blue Origin flight
Other celebrities have taken on the suborbital mission, including pop star Katy Perry and Bezos’ now-wife Lauren Sanchez A Blue Origin…