Business
Singapore’s Perennial setting up 500 million yuan general hospital in Shanghai
Singapore-based real estate and healthcare company Perennial Holdings announced on Thursday (Jul 31) that it has entered into a…
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Business
Business
Microsoft poised for US$4 trillion valuation after solid results
Microsoft is set to soar past US$4 trillion in market valuation for the first time on Thursday (Jul 31), as a blockbuster earnings report…
Business
Shell’s profit drops by almost a third on lower oil prices, but beats expectations
Shell’s second-quarter net profit tumbled by almost a third on Thursday (Jul 31), dragged down by a drop in oil prices, lower gas trading…
Business
BMW profits slump on China woes, US tariffs
BMW said on Thursday (Jul 31) its profits slumped by a third in the second quarter as the German premium carmaker was hit hard by falling…
Business
Unilever to Intensify Focus on Beauty, Wellbeing, Personal Care and Strong U.S., India Markets
LONDON – Going forward, Unilever will prioritize beauty, wellbeing and personal care products, said new chief executive Fernando Fernandez…
Business
South-east Asia’s key currencies set to strengthen in H2 2025 despite rate cuts
Investors are expected to favour major South-east Asian currencies, with economists projecting continued gains against the US dollar…
Business
Pelita Air to start flying between Jakarta, Singapore from Aug 18
The Jakarta-Singapore route is the eighth-busiest international route in the world in 2024 Indonesian carrier Pelita Air will be…
Business
Rolls-Royce raises profit and cash flow outlook after strong H1
British aero-engineer Rolls-Royce raised its full-year outlook for both operating profit and free cash flow on Thursday (Jul 31) after it…
Business
Singapore gold investment soars 37% to 2.2 tonnes in Q2 while jewellery demand wanes
Investment appetite for gold remains strong in Singapore, with 2.2 tonnes of gold bars and coins purchased in the second quarter of 2025,…
Business
China’s cyberspace regulator summons Nvidia over H20 chip security risks concerns
China’s cyberspace regulator said that it has asked US semiconductor maker Nvidia to explain whether its H20 artificial intelligence (AI)…
Business
China’s cyberspace regulator questions Nvidia over AI chip privacy risks
China’s cyberspace regulator said that it has asked US semiconductor maker Nvidia to explain whether its H20 artificial intelligence (AI)…
Business
China flags concerns over potential security risks in Nvidia’s H20 chips
China raised concerns over potential security risks in Nvidia’s H20 artificial intelligence chip, casting uncertainty over the US…
Business
Singapore, Asia stocks with high yields, growth potential highlight of JP Morgan Asset Management’s fund strategy
JP Morgan Asset Management (JPMAM) intends to focus on small- and mid-cap (SMID) Singapore stocks, as well as high-yielding markets in the…
Business
S’pore, Asia stocks with high yields, growth potential focus of JP Morgan Asset Management’s MAS EQDP fund strategy
JP Morgan Asset Management (JPMAM) intends to focus on small- and mid-cap (SMID) Singapore stocks, as well as high-yielding markets in the…
Business
S’pore, Asia equities with high yields, growth potential focus of JPPAM’s MAS EQDP fund strategy
JP Morgan Asset Management (JPMAM) intends to focus on small- and mid-cap (SMID) Singapore stocks, as well as high-yielding markets in the…
Business
S’pore, Asia equities with high yields, growth potential focus of JPMAM’s MAS EQDP fund strategy
JP Morgan Asset Management (JPMAM) intends to focus on small- and mid-cap (SMID) Singapore stocks, as well as high-yielding markets in the…
Business
Singapore, Asia equities with high yields, growth potential focus of JPMAM’s MAS EQDP fund strategy
JP Morgan Asset Management (JPMAM) intends to focus on small- and mid-cap (SMID) Singapore stocks, as well as high-yielding markets in the…
Business
SocGen lifts targets after French retail rebounds sharply
Societe Generale (SocGen), France’s third-largest listed bank, raised its annual profit target on Thursday (Jul 31) after a strong rebound…
Business
Lufthansa reports higher-than-expected Q2 earnings
Lufthansa on Thursday reported better second-quarter results than expected, boosted by low oil prices and currency effects, and confirmed…
Business
StanChart sets US$1.3 billion buyback as first-half profit outstrips forecasts
Standard Chartered (StanChart) reported on Thursday (Jul 31) a higher-than-expected 26 per cent jump in first-half pretax profit, as a…
Business
StanChart sets US$1.3 billion buyback as H1 profit outstrips forecasts
Standard Chartered reported on Thursday (Jul 31) a higher-than-expected 26 per cent jump in first-half pre-tax profit, as a strong…
Business
Family office for Hong Kong’s richest builds out hedge fund team
A money manager for some of Hong Kong’s richest families is building a hedge fund team to allocate money away from private equity after…
Business
Bank of Japan offers cautiously upbeat view, keeps rates steady
The Bank of Japan kept interest rates steady on Thursday and offered a cautiously optimistic view on the economic outlook, after Tokyo’s…
Business
Bank of Japan turns less gloomy on economy, keeps rate-hike chance alive
The Bank of Japan (BOJ) revised up its inflation forecasts on Thursday (Jul 31) and offered a less gloomy outlook on the economy than…