Business
China shuns low-grade coal from Indonesia as imports collapse
Indonesia bore the brunt of a sharp fall in China’s coal imports last month, underscoring how Chinese power plants have shifted away from…
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Business
Business
RBA seen cutting three more times by early 2026, matching market
Economists expect Australia’s central bank will deliver three more interest-rate cuts by early 2026, up from two seen previously, bringing…
Business
DFI Retail Group jumps 12.7% to three-year high on H1 profit growth
Shares of DFI Retail Group climbed in early trade on Wednesday (Jul 23) morning, after the supermarket and retail store operator posted…
Business
Weaker US dollar, bond yields lift gold to more than five-week high
Gold prices climbed to a more than five-week peak on Wednesday (Jul 23), supported by a softer US dollar and lower Treasury yields as…
Business
Shares in Japanese, South Korean automakers surge on Tokyo trade deal
Shares of Japanese and South Korean automakers surged on Wednesday after US President Donald Trump announced a trade deal with Tokyo that…
Business
BlackRock restricts use of company devices for China travel
Global banks have scaled back their presence in the world’s second-largest economy in the past few years amid slowing economic growth and…
Business
Vietnam stocks near record on reform hopes, trade deal optimism
Vietnam’s stock benchmark is closing in on a record high, fuelled by optimism over sweeping political reforms and clarity on a trade deal…
Business
Stocks to watch: SIA Engineering, SingPost, DFI Retail Group, Aztech Global, HPH Trust
The following companies saw new developments that may affect trading of their securities on Wednesday (Jul 23): SIA Engineering: The…
Business
Japan launches anti-dumping probe into stainless steel sheets from China, Taiwan
Japan has launched an anti-dumping investigation into nickel-based stainless cold-rolled steel sheets and strips imported from China and…
Business
MAS’ S$5 billion investment fund set to lift undervalued, small-cap stocks: analysts
Market reaction to the appointment of the first three asset managers to tap Singapore’s S$5 billion Equity Market Development Programme…
Business
South-east Asia’s IPO market shows signs of revival after subdued H1
Initial public offering (IPO) activity across South-east Asia remained subdued in the first half of 2025 amid ongoing geopolitical and…
Business
Trump tariffs take US$1-billion bite out of GM earnings, shares fall
General Motors’ (GM) second-quarter earnings took a US$1.1-billion hit from tariffs, but the automaker still beat analyst expectations for…
Business
SAP reports cloud growth that falls short of expectations
SAP reported quarterly cloud and software sales that fell just short of estimates as tariff insecurities weighed on Europe’s most valuable…
Business
Europe: Shares end lower as corporate results, trade anxiety weigh
EUROPEAN shares settled lower on Tuesday, with German equities logging their biggest one-day drop in two months as a batch of…
Business
Microsoft offers some salespeople extra pay following layoffs
In recent months, the company has terminated some 15,000 people in two rounds of major layoffs Microsoft, fresh off a round of layoffs…
Business
US: Nasdaq ends six-day streak of records
The Nasdaq retreated from a record Tuesday on a mixed day for stocks as markets looked ahead to upcoming earnings reports from Google…
Business
Kristin Cabot: HR Chief Caught Cuddling Her CEO Boss at Coldplay Concert Recently Took Out $1.6 Million Mortgage with Her Husband
The HR executive caught on camera cuddling her boss at a Coldplay concert had taken out a massive $1.6 million mortgage with her husband…
Business
Megan Byron: Wife of Disgraced Astronomer CEO Hiding at $2.4 Million Estate after Coldplay Kiss Cam Scandal Marriage Hangs in Balance
The wife of embattled Astronomer CEO Andy Byron is staying out of the spotlight at the couple's $2.4 million estate in Maine as she…
Business
Caution Grips on Asian Markets as Tariff Deadline and Earnings Wave Approach
Asian share markets dipped on Tuesday, following a second straight day of gains on Wall Street. The MSCI Asia-Pacific Index (excluding…
Business
GM Q2 Profit Drops 32% Amid Tariff Pressure, Warns of Bigger Hit Ahead
General Motors (GM) reported a sharp 32% decline in second-quarter core profit on Tuesday, attributing the drop largely to escalating…
Business
US: Wall St opens muted with corporate earnings, trade talks in focus
Wall Street opened flat on Tuesday (Jul 22) as investors weighed signs of potential trade deals between the US and its partners ahead of…
Business
SingPost divests freight forwarding business Famous Holdings for S$177.9 million
Sale results in estimated realised gain on disposal of S$10.5 million and about S$104 million in cash Singapore Post (SingPost) has…
Business
DFI Retail Group posts 38.9% rise in H1 underlying profit
Supermarket and retail store operator DFI Retail Group’s underlying profit rose 38.9 per cent to US$105 million for the first half ended…
Business
DFI Retail Group posts 38.9% rise in H1 underlying profit, pays special dividend of US$0.443 a share
Supermarket and retail store operator DFI Retail Group’s underlying profit rose 38.9 per cent to US$105 million for the first half ended…