Business
US: S&P 500, Nasdaq open higher
The S&P 500 and the Nasdaq opened higher on Thursday as investors assessed tech earnings and monitored trade negotiations, while losses in…
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Business
Business
Sri Lanka orders Singapore shipowner to pay US$1 billion over marine disaster
The shipping firm initially paid US$7.85 million for the immediate cleanup and as compensation for fishermen who were deprived of their…
Business
ECB leaves interest rates unchanged amid tariff uncertainty
The European Central Bank left its main interest rate unchanged at 2 per cent as expected on Thursday (Jul 24), taking a break after a…
Business
ECB keeps rates steady as it awaits clarity over trade
The European Central Bank left interest rates unchanged on Thursday (Jul 24) after cutting eight times in a year, biding its time while…
Business
Lactalis exits Canada plant-based drinks with factory closure
Lactalis has decided to close its plant-based drinks site in Canada. The closure of the facility in Sudbury in Ontario will take effect on…
Business
Increasing affluence continues to fuel housing demand and prices, but economic uncertainty could test market: Knight Frank
Interest rate cuts, growing affluence and low unemployment rates spell good news for Singapore’s private residential market, but a…
Business
Rising affluence, rate cuts fuelling housing market, but economic uncertainty is a wild card: Knight Frank
Interest rate cuts, growing affluence and low unemployment rates spell good news for Singapore’s private residential market, but a…
Business
Suntec Reit posts 3.7% rise in H1 DPU to S$0.03155
The manager of Suntec Real Estate Investment Trust (Reit) on Thursday (Jul 24) posted a distribution per unit (DPU) of S$0.03155 for the…
Business
Singapore shares continue to rise, tracking regional indices; STI up 1%
The Straits Times Index (STI) closed higher on Thursday (Jul 24), tracking regional indices. The STI ended 1 per cent or 41.77 points up…
Business
UK firms struggle to grow as BOE rate decision approaches
The S&P Global UK Composite Purchasing Managers’ Index (PMI) slowed to 51.0 points from 52.0 in June British business activity grew only…
Business
GIC-backed South Korean finance app Toss plans 2026 US listing with over US$10 billion valuation: sources
Toss, a popular South Korean app that provides banking and a host of other financial services, aims to list in the US in the second…
Business
Lynas sees higher rare earths prices after US backs MP Materials
Prices of rare earths could rally further given growing demand for Western material, reflected in a recent deal by the US that has shown…
Business
Britain's Lloyds says profits up 5%, even as economic outlook dims
Statutory profit before tax for the first six months of the year was £3.5 billion Lloyds Banking Group reported its profit for the first…
Business
Microsoft says some SharePoint server hackers now using ransomware
A cyber-espionage campaign centred on vulnerable versions of Microsoft’s server software now involves the deployment of ransomware,…
Business
Europe car sales drop the most in 10 months as EV growth slows
Automakers called for Europe to further stimulate demand for battery-powered vehicles after sales of all new cars fell in June by the most…
Business
Deutsche Bank posts better-than-expected Q2 profit
Deutsche Bank returned to a better-than-expected profit in the second quarter from a year ago despite mixed results at its global…
Business
Deutsche Bank beats profit expectations despite deal slump, strong euro
Deutsche Bank returned to a better-than-expected profit in the second quarter from a loss a year ago as trading earnings helped offset…
Business
China’s Chery to supply tech to help India’s JSW launch own EVs
China’s Chery Automobile will supply technology and components to billionaire Sajjan Jindal’s JSW Group to help launch a new-energy…
Business
Trump to visit Federal Reserve on Thursday, ramping up pressure on Powell
US PRESIDENT Donald Trump, a robust critic of Federal Reserve Chair Jerome Powell, will visit the central bank on Thursday, the White…
Business
Asia: Markets extend gains on US trade deal hopes
Asian markets extended the week’s gains on Thursday on optimism other countries will follow up Japan’s US trade deal with ones of their…
Business
ST Engineering up 7.3% on Q2 contract wins
ST Engineering soared on Thursday (Jul 24) morning after the group announced that it bagged S$4.7 billion in contracts for Q2 2025. As at…
Business
ST Engineering climbs 7.7% to record high on Q2 contract wins
The counter is up 91.2% year to date from its S$4.66 closing price on Dec 31, 2024 ST Engineering’s share price soared on Thursday (Jul…
Business
ST Engineering climbs 8.1% to record high on Q2 contract wins
The counter is up 91.2% year to date from its S$4.66 closing price on Dec 31, 2024 Shares of ST Engineering soared on Thursday (Jul 24)…
Business
Rate cuts seen lifting Philippine bonds from Asia’s lowest ranks
Philippine bonds are poised to rebound from the bottom of Asia’s debt rankings, thanks to the central bank’s room to cut rates and their…