Business
Singapore shares bounce back after 6-day losing streak; STI up 1%
Stocks on the Singapore Exchange (SGX) rebounded on Monday (Aug 4), snapping a six-day losing streak, even as Asian indices closed mixed.…
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Business
Business
CapitaLand Ascendas Reit posts 0.6% drop in H1 DPU to 7.477 Singapore cents
H1 revenue down 2% at S$754.8 million, mainly due to divestment of five properties INDUSTRIAL property player CapitaLand Ascendas Reit’s…
Business
Astrid Palca: Where Aging Becomes Art and Confidence Has No Deadline
In a world that often worships youth as the pinnacle of beauty, Astrid Palca stands as a bold, elegant exception. A practicing medical…
Business
Global Stocks Climb as Expectations of Rate Cuts Grow, Trump Tightens the Grip on Fed
Asian stock markets climbed on the opening of the new week with the hope of U.S. interest rate cuts giving investors some relief. MSCI's…
Business
GIC takes 25% stake in Spain’s broadband venture
Sovereign wealth fund GIC will take a 25 per cent stake in a fibre optic broadband venture between MasOrange, partly owned by France’s…
Business
UBS Pays US$300 Million to settle Credit Suisse mortgage case
Group said it reached an agreement with the US Department of Justice to resolve a legacy Credit Suisse matter related to the former bank’s…
Business
Vietnam’s VinFast in talks to boost local sourcing as first India plant opens
The plant is expected to have an annual production capacity of up to 150,000 vehicles [THOOTHUKUDI, India] Vietnamese electric vehicle…
Business
Asian credit gauges head for biggest two-day blowout since April
Any large move in US Treasury yields, over which most corporate US dollar bonds are priced, typically causes spreads to react around the…
Business
Nomura’s starting pay matched by Japanese rivals to retain staff
Medium-sized securities firms mostly generate revenue by having staff make sales directly to clients, rather than rely on online trading…
Business
BlueSG says it will pause its car sharing operations from Aug 8
Car sharing operator BlueSG on Monday (Aug 4) announced that it would pause its car sharing operations as part of a major upgrade to its…
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…
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…