Business
UOBKH calls a ‘sell’ on SIA, lowers target price after significantly weaker Q1 earnings
UOB Kay Hian (UOBKH) equity analyst Roy Chen downgraded his rating on Singapore Airlines (SIA) to “sell”, with a reduced target price of…
Section
Business
Business
3HA Capital to delist watch-listed CosmoSteel after buyout offer accepted
Watch-listed company CosmoSteel Holdings will be delisted from the Singapore Exchange (SGX) as it no longer satisfies the bourse’s free…
Business
Watch-listed CosmoSteel to delist after 3HA Capital buyout offer accepted
Watch-listed company CosmoSteel Holdings will be delisted from the Singapore Exchange (SGX) as it no longer satisfies the bourse’s…
Business
3HA Capital to privatise watch-listed CosmoSteel after buyout offer accepted
Watch-listed company CosmoSteel Holdings will be delisted from the Singapore Exchange (SGX) as it no longer satisfies the bourse’s…
Business
First Hong Kong stablecoin licences may be issued early next year, HKMA says
The first batch of Hong Kong stablecoin issuer licences is expected to be granted early next year, the Hong Kong Monetary Authority (HKMA)…
Business
Indofood Agri Resources’ H1 net profit up 13.4% at 337.8 billion rupiah amid higher commodity prices
Indofood Agri Resources on Thursday (Aug 1) posted a 13.4 per cent rise in net profit to 337.8 billion rupiah (S$26.6 million) for its…
Business
Stocks to watch: OCBC, FLCT, Clas, Jardine Matheson, Keppel Reit, NetLink, Del Monte Pacific
The following companies saw new developments that may affect trading of their securities on Friday (Aug 1): OCBC: The local bank’s net…
Business
OCBC Q2 profit falls 7% to S$1.82 billion; to pay S$0.41 a share in dividends
The earnings beat the S$1.79 billion consensus forecast from a Bloomberg poll of six analysts OCBC’s net profit for the second quarter…
Business
Amazon cloud computing results fail to impress, shares slide after hours
AMAZON.COM on Thursday forecast third-quarter sales above market estimates, but failed to live up to lofty expectations for its Amazon Web…
Business
Apple revenue forecast beats estimates as iPhone sales soar
Apple forecast revenue well above Wall Street’s estimates on Thursday, following strong June-quarter results supported by customers buying…
Business
Europe: Stocks end at over one-week low; beverage makers hurt by US tariffs
EUROPEAN shares closed at a more than one-week low on Thursday, as investors were disappointed by a series of corporate reports from the…
Business
US: Stocks end lower after strong start as rally fades
Wall Street stocks finished lower on Thursday, shrugging off strong gains by Microsoft and Meta as traders await key US employment data…
Business
Clicks.so 2.0 is a Game-Changer for SEO Professionals
I’ve been watching the SEO tools market closely for years, and it’s rare to find a complete solution that doesn’t break the bank. That’s…
Business
Aker, OpenAI, and Nscale Launch $1B AI Facility in Norway Powered by Green Energy
Aker ASA announced on Thursday a landmark partnership with OpenAI and Nscale Global Holdings to develop one of Europe's most advanced…
Business
Microsoft Surges Past $4 Trillion in Valuation After Stellar Earnings and AI Gains
Microsoft is on track to surpass a $4 trillion market valuation for the first time, with its shares jumping 8.5% in early premarket…
Business
How Are Truck Accidents Different Than Car Accidents?
Truck accidents differ from car accidents in several key ways, primarily due to the size, weight, and design of commercial trucks. The…
Business
What Are Some Alternatives to Nursing Homes?
Many people seek alternatives to nursing homes due to concerns about cost, independence, or the level of personalized care. Options such…
Business
What is the Interest Rate for Pre-Settlement Funding?
Pre-settlement funding offers a financial lifeline to plaintiffs awaiting compensation from personal injury claims or lawsuits. The…
Business
New Law Increases California's Auto Insurance Minimums
A new law has been enacted in California that significantly raises the requirements for auto insurance minimums for drivers. This change…
Business
Who Can Be Held Liable in a Truck Accident Case?
Truck accident claims are inherently complex. Unlike typical passenger vehicle collisions, truck accidents usually involve multiple…
Business
Lian Huat Building in Tras Street fetches S$90 million, among latest sub-S$100 million Singapore deals
Sub-S$100 million commercial properties continue to be in demand by property investors. Lian Huat Building, an 11-storey freehold…
Business
Frasers Logistics & Commercial Trust’s portfolio occupancy falls to 92.5%
Frasers Logistics and Commercial Trust (FLCT) on Thursday (Jul 31) reported a lower portfolio occupancy of 92.5 per cent as at Jun 30,…
Business
KCON 2025 LA: A Complete Guide
KCON 2025 LA will take place at the Los Angeles Convention Center and Crypto.com Arena as a three-day event. It will start on Friday,…
Business
US: S&P 500, Nasdaq hit record highs at open
The S&P 500 and the Nasdaq opened at record highs on Thursday (Jul 31), as blockbuster earnings from Meta and Microsoft signalled Big…