Business
Europe: Shares fall on healthcare, financials drag; focus on US-EU trade deal
EUROPEAN shares ended lower on Tuesday, dragged down by heavyweight financial and healthcare stocks as investors awaited news on a…
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Business
Business
US: Nasdaq edges to record as Dow, S&P 500 retreat
Wall Street stocks finished mostly lower on Tuesday despite another Nasdaq record as President Donald Trump announced a US trade deal with…
Business
US Fed officials say more needs to be done on financial inclusion
US Federal Reserve governor Michael Barr said on Tuesday (Jul 15) that banks and advocates have worked together to “deepen and widen…
Business
SIA’s decarbonisation tailwinds are Temasek’s burden
A small tweak in Temasek’s latest sustainability report reveals just how much a single airline can weigh on a portfolio’s emissions. The…
Business
Trump Promised to End Inflation. He’s Bringing It Back Instead.
The only uncertainty about how much inflation Trump’s tariff policy will create going forward is that we don’t know what Trump’s tariff…
Business
Why is Corporate Health Insurance Insufficient?
Corporate health insurance provides a safety net for an employee’s medical expenses, as outlined in the policy terms. However, in times of…
Business
TalkMed shareholders approve Tamarind Health’s privatisation offer
Shareholders of TalkMed on Tuesday (Jul 15) approved a proposed privatisation offer from Tamarind Health. Ninety-eight shareholders,…
Business
Zeynab’s Quiet Power: Redefining Fashion Influence Through Grace, Grit, and Global Vision
From high fashion campaigns to candid everyday moments, Zeynab effortlessly blends glamour with authenticity. While her striking presence…
Business
What is Prometheus? Meta Announces First AI Supercluster, Expected to Go Live by 2026
To attain its goal of becoming the global leader in artificial intelligence, Meta is introducing the AI Supercluster named Prometheus.…
Business
Global Stocks Rise Ahead of Tariff Talks and U.S. Earnings, Inflation Data
Stocks worldwide rose on Tuesday, supported by tentative optimism ahead of an important week for U.S. corporate earnings and inflation…
Business
Citigroup profit beats estimates on trading, deals windfall
Citigroup’s quarterly profit beat Wall Street estimates on Tuesday (Jul 15), as its traders brought in a windfall from turbulent markets…
Business
US banking giants reap gains from dealmaking rebound
Large US banks expressed optimism about the investment banking outlook for the rest of the year after dealmaking rebounded in the second…
Business
US dollar gains on yen after consumer price data
The US dollar gained against the Japanese yen and was little changed against the euro on Tuesday (Jul 15) in choppy trading, after data…
Business
US: S&P 500, Nasdaq open higher after inflation data; focus on bank earnings
The Nasdaq and the S&P 500 opened higher on Tuesday (Jul 15) after fresh inflation data, while banking heavyweights kicked off the…
Business
Philip Yeo to step down from CDL board after fiery AGM showdown
City Developments Ltd (CDL) announced the retirement of Philip Yeo, who notably backed executive chairman Kwek Leng Beng’s bitter…
Business
Philip Yeo to step down from CDL board
City Developments Ltd (CDL) announced the retirement of Philip Yeo, who notably backed executive chairman Kwek Leng Beng’s bitter…
Business
At Las Vegas Sands, investment planning takes place over decades, not years or quarters
One could say the number “15” is a rather auspicious one for Marina Bay Sands (MBS) and its parent company, Las Vegas Sands (LVS). By the…
Business
Standard Chartered launches Bitcoin, Ether spot trading for institutional clients
The lender is the first global systemically important bank to offer such crypto services Standard Chartered will allow institutional…
Business
Pop Mart says Labubu craze to spur 350% surge in profit
Chinese toymaker Pop Mart International Group expects the soaring global popularity of its Labubu plush toys to drive a threefold increase…
Business
UOL prices S$225 million notes due 2032 at 2.78%
This comes after the property developer previously priced S$75 million notes at the same rate on Jul 9 UOL’s unit UOL Treasury Services…
Business
Chinese carmaker Geely to pay US$2.4 billion to take full control of Zeekr
Chinese automaker Geely Automobile will acquire the chunk of electric-vehicle maker Zeekr that it does not already own for US$2.40…
Business
Geely to take Zeekr unit private at US$6.83 billion valuation
The carmaker, which already holds 62.8% of Zeekr, has raised its buyout offer from US$2.2 billion in May to about US$2.4 billion — Geely…
Business
India's cooling inflation prompts rate cut calls
A slump in India’s retail inflation to six-year lows and a likely drop to a record low in July is prompting calls for at least one more…
Business
Singapore shares rise, tracking regional gains; STI up 0.3%
Straits Times Index rise 10.61 points to 4,119.82, after hitting an intra-day high of 4,129.77 The benchmark Straits Times Index (STI)…