Business
BYD’s Shenzhen share split could boost stock after retreat
A three-for-one stock split for BYD’s mainland-traded shares could be a positive catalyst for the carmaker after a weeks-long slump. Its…
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Business
Business
Buffett’s Berkshire sells one-third of VeriSign stake for US$1.23 billion
BERKSHIRE Hathaway sold about one-third of its stake in VeriSign, an internet infrastructure and domain name registry company that Warren…
Business
Jane Street to argue that retail demand drove its India trades
Jane Street Group is expected to argue that its controversial Indian options trades were a response to outsized demand from retail…
Business
Keppel Infrastructure Trust back in black with S$60 million H1 net profit
Its energy transition, environmental services, as well as distribution and storage segments post revenue growth Keppel Infrastructure…
Business
Keppel Infrastructure Trust H1 DPU up 1% at S$0.0197
Keppel Infrastructure Trust (KIT) on Tuesday (Jul 29) posted a distribution per unit of S$0.0197 for its first half ended Jun 30, a 1 per…
Business
Singapore Airlines shares fall 8.7% after sharp drop in Q1 net profit
Net profit for Singapore Airlines (SIA) declined 58.8 per cent to S$186 million for the first quarter of FY2026 Shares of Singapore…
Business
SIA sinks 7% as analysts downgrade carrier on sharp Q1 profit drop
Shares of Singapore Airlines (SIA) dived just minutes after market open on Tuesday (Jul 29), after the national carrier posted a weak…
Business
SIA sinks over 7% on sharp Q1 profit drop
Maybank, CGSI slashed target prices for carrier; DBS Group Research lifted its target price Shares of Singapore Airlines (SIA) dived just…
Business
Gold edges down on stronger US dollar, easing tariff concerns
Gold prices edged lower in early trade on Tuesday (Jul 29), weighed down by easing concerns over a global tariff war and a stronger US…
Business
Richest Indonesian adds US$20 billion to wealth on energy rally
Billionaire Prajogo Pangestu’s fortune is soaring once again, a sharp reversal from the precipitous falls that erased billions over the…
Business
Waymo to launch autonomous ride-hailing in Dallas next year
ALPHABET’S Waymo said on Monday it will roll out its autonomous ride-hailing service in Dallas in 2026, accelerating its US expansion as…
Business
Alphabet’s Waymo to launch autonomous ride-hailing service in Dallas in 2026
ALPHABET’S Waymo will roll out its autonomous ride-hailing service in Dallas in 2026, accelerating its US expansion as electric vehicle…
Business
Stoneweg E-Reit divests non-core office asset in Poland for 7.8 million euros
Net proceeds from the divestment will be applied towards reducing the revolving credit facility and/or for general working capital…
Business
Stoneweg Europe Stapled Trust divests non-core office asset in Poland for 7.8 million euros
Net proceeds from the divestment will be applied towards reducing the revolving credit facility and/or for general working capital…
Business
Keppel Pacific Oak US Reit H1 distributable income falls 16.2% to US$19.9 million
The decline is mainly due to lower cash net property income and higher other trust expenses Keppel Pacific Oak US Reit (Kore) posted a…
Business
ESR-Reit H1 DPU inches up 0.2% to S$0.11239
ESR Real Estate Investment Trust (ESR-Reit) posted a 0.2 per cent rise in distribution per unit (DPU) to S$0.11239 for the first half…
Business
Stocks to watch: Singapore Airlines, CapitaLand Ascott Trust, ESR-Reit, First Sponsor, iFast
The following companies saw new developments that may affect trading of their securities on Tuesday (Jul 29): Singapore Airlines: The…
Business
Stocks to watch: Singapore Airlines, CapitaLand Ascott Trust, ESR-Reit, First Sponsor, iFast, Stoneweg E-Reit
The following companies saw new developments that may affect trading of their securities on Tuesday (Jul 29): Singapore Airlines: The…
Business
Stocks to watch: Singapore Airlines, CapitaLand Ascott Trust, ESR-Reit, First Sponsor, iFast, Stoneweg Europe Stapled Trust
The following companies saw new developments that may affect trading of their securities on Tuesday (Jul 29): Singapore Airlines: The…
Business
Trump ally loses bid to open July 29 US Fed meeting to public
The FOMC meets eight times a year to decide interest rates, releasing statements on its policy decisions immediately following the…
Business
CapitaLand Ascott Trust H1 DPS falls 1% to S$0.0253
The manager of CapitaLand Ascott Trust (Clas) on Tuesday (Jul 29) posted a 1 per cent drop in distribution per stapled security (DPS) to…
Business
CapitaLand Ascott Trust H1 DPS dips 1% to S$0.0253
The manager of CapitaLand Ascott Trust (Clas) on Tuesday (Jul 29) posted a 1 per cent drop in distribution per stapled security (DPS) to…
Business
Procter & Gamble replaces CEO Jon Moeller in surprise move with COO Shailesh Jejurikar
Procter & Gamble (P&G) CEO Jon Moeller is stepping down in a surprise move just after four years with the company, and the consumer goods…
Business
Warner Bros to get studio business after split, Discovery to house news, sports brands
The breakup is the latest unravelling of decades of media consolidation that created global conglomerates spanning content creation,…