Business
Keppel shares hit 6-year high on H1 earnings growth, share buyback and asset divestment plans
Shares of Keppel rose on Thursday (Jul 31) morning after the asset manager posted a 24.2 per cent rise in H1 earnings, a S$500 million…
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Business
Business
Gold rebounds from one-month low on renewed trade uncertainty
Gold prices rebounded on Thursday (Jul 31) from a one-month low hit in the previous session, as trade uncertainty stemming from fresh US…
Business
Australia’s central bank welcomes Q2 inflation data, deputy governor says
Australia’s second-quarter inflation data was very welcomed and came in as just the central bank expected, a top official said on…
Business
Grab reports a Q2 2025 earnings of US$35 million on higher revenue and margins
Superapp Grab reported Q2 2025 earnings of US$35 million, reversing from a loss of US$53 million in the same year-ago period. This was…
Business
Keppel H1 profit rises 24.2% to S$377.7 million; seeks to monetise S$14.4 billion non-core assets
Asset manager Keppel saw net profit rise 24.2 per cent on the year to S$377.7 million for the first half ended Jun 30, driven by growth in…
Business
Keppel posts 24.2% rise in H1 profit to S$377.7 million, seeks to monetise S$14.4 billion non-core assets
Asset manager Keppel saw net profit rise 24.2 per cent on the year to S$377.7 million for the first half ended Jun 30, driven by growth in…
Business
Aims Apac Reit posts 0.4% higher Q1 DPU of S$0.0228 amid stable operational performance
Aims Apac Reit reported on Thursday (Jul 31) a 0.4 per cent increase in distribution per unit (DPU) of S$0.0228 for Q1 FY2026, from…
Business
Elite UK Reit posts 10% rise in H1 2025 DPU to £0.0154
The manager of Elite UK real estate investment trust (Reit), announced a 5.8 per cent year-on-year increase in distributable income to…
Business
Samsung Q2 profit drops 55% on weak AI chip sales, China curbs
Samsung Electronics reported on Thursday a 55 per cent drop in second-quarter operating profit as delays in high-bandwidth memory chip…
Business
Stocks to watch: Keppel, Jardine C&C, Seatrium, Mapletree Pan Asia Commercial Trust, Mapletree Logistics Trust, Sheng Siong
The following companies saw new developments that may affect trading of their securities on Thursday (Jul 31): Keppel: Asset manager…
Business
Seatrium H1 profit rises 300% to S$144.4 million on strong order book, margin growth
Seatrium’s net profit for the six months ended Jun 30 grew 301.3 per cent to S$144.4 million, from S$36 million during the same period…
Business
Seatrium H1 profit quadruples to S$144.4 million on strong order book, margin growth
Seatrium’s net profit for the six months ended Jun 30 grew 301.3 per cent to S$144.4 million, from S$36 million during the same period…
Business
Grab Holdings beats quarterly revenue estimates
Grab Holdings beat Wall Street expectations for second-quarter revenue on Wednesday, as consumers boosted spending on its ride-hailing and…
Business
China’s JD.com to acquire German electronics retailer Ceconomy for 2.2 billion euros
[DUESSELDORF, Germany] JD.com is set to acquire German electronics retailer Ceconomy in a 2.2-billion-euro (S$3.3-billion) deal at 4.60…
Business
Chinese battery maker CATL reports faster profit growth in second quarter
Chinese electric vehicle (EV) battery giant Contemporary Amperex Technology Co Limited’s (CATL) net profit growth picked up in the second…
Business
Airbus first-half profit climbs 85% to US$1.7 billion
European aerospace group Airbus posted an 85-per cent rise in first-half profit Wednesday to US$1.7 billion, even though it delivered…
Business
Meta beats expectations sending share price soaring
Meta reported robust second-quarter financial results on Wednesday, with revenue jumping 22 per cent year-over-year to US$47.5 billion as…
Business
Robinhood tops profit expectations as trading frenzy sweeps across asset classes
Robinhood Markets exceeded second-quarter profit estimates on Wednesday (Jul 30), driven by a massive surge in volumes as investors traded…
Business
Microsoft cloud sales beat expectations amid record AI spending
The company’s largest rivals in cloud services, Amazon.com and Alphabet, have also announced massive expansion plans. Microsoft reported…
Business
Europe: Shares close flat as investors weigh US tariff impact on earnings
EUROPEAN shares closed flat on Wednesday as investors weighed the impact of tariffs on corporate earnings after big companies including…
Business
US: Stocks mostly fall as Fed avoids dovish shift
Wall Street stocks finished mostly lower on Wednesday after the Federal Reserve kept interest rates flat and refrained from signaling it…
Business
eBay gains after projecting strong sales on resilient consumers
eBay shares jumped about 10 per cent after the company projected sales that topped analysts’ estimates, suggesting optimism for continued…
Business
Adidas Relies on ‘Brand Heat’ in Lifestyle Footwear for Future Growth
Adidas CEO Bjørn Gulden knows what it takes to grow the German sportswear brand, and that’s leading with footwear. “We create brand heat…
Business
Local startup MetaOptics Technologies lodges preliminary prospectus for Catalist IPO
MetaOptics Technologies, a Singapore-headquartered semiconductor optics startup, on Wednesday (Jul 30) lodged its preliminary prospectus…