Business
Investors flock to US dollar as Trump unveils US tariff plans
The US dollar jumped the most in three weeks after US President Donald Trump unveiled a wave of proposed tariffs, a sign investors are…
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Business
Business
Funko replaces CEO after one year amid losses, falling sales
Toymaker Funko replaced chief executive officer Cynthia Williams after just one year on the job, naming board member and former CEO…
Business
Guocoland prices S$120 million perpetual securities at 4.35%
It will be issued in the denomination of S$250,000 and will confer a right to receive distribution payments Real estate company Guocoland…
Business
Guocoland prices S$120 million perpetual securities at 4.35% yield
It will be issued in the denomination of S$250,000 and will confer a right to receive distribution payments Real estate company Guocoland…
Business
Goldman Sachs raises S&P 500 return forecasts
Goldman Sachs has raised its three-, six- and 12-month S&P 500 return forecasts, citing expectations of earlier and deeper US interest…
Business
Stocks to watch: OCBC, SIA, SGX, GuocoLand, China Aviation Oil, Del Monte Pacific
The following companies saw new developments that may affect trading of their securities on Tuesday (Jul 8): OCBC: The bank aims to extend…
Business
China mulls doubling Southbound Bond Connect to one trillion yuan
China is considering doubling an investment channel local investors use to buy bonds overseas, according to sources familiar with the…
Business
Samsung posts first profit drop since 2023 after AI chip delays
Samsung Electronics’ profit shrank more than expected after encountering hiccups in plans to sell cutting-edge artificial intelligence…
Business
Growth of SME financial services hampered by banks’ restrictions on data: report
Local banks’ restrictions on small and medium-sized enterprises’ (SME) access to their customers’ financial data are hampering API access…
Business
Saudi Arabia’s PIF invests in New York City property near Central Park
Saudi Arabia’s Public Investment Fund (PIF) is investing in Related’s site for a tower in midtown Manhattan. PIF has already invested…
Business
Europe: Shares rise on tech, banks boost with focus on US trade negotiations
EUROPEAN shares ended higher on Monday, driven by gains in technology and bank stocks at the start of a week where investors are on the…
Business
ExxonMobil sees US$1.5 billion earnings hit from lower oil, gas prices
US President Donald Trump’s trade war and larger-than-expected supply increases from Opec and its allies weighed on oil prices, while US…
Business
US: Stocks retreat from records on Trump tariff deluge
Wall Street stocks fell on Monday, retreating from records after President Donald Trump announced fresh tariff threats, reviving anxiety…
Business
Nicole Miller Signs Deal With Tycoon Enterprises for Licensing Program in Mexico and Latin America
Nicole Miller is expanding its brand to Mexico and Latin America. The company has signed a new agent relationship with Tycoon Enterprises,…
Business
Tesla shares slip after Musk says he will create a new political party
Tesla shares fell close to 7% Monday after Elon Musk announced plans to form his own political party, sparking concerns he will become…
Business
NASA Shares First Complete View of Unusual Peanut-Shaped Asteroid Donaldjohanson
Finally, scientists working on NASA's Lucy mission are completing the process of fine-tuning the data collected by the spacecraft's…
Business
Tesla short sellers set to pocket about US$1.4 billion in profits after stock slump
Tesla’s shares fell 7.5% at US$291.50, having lost more than 21% so far this year Traders are set to make about US$1.4 billion in paper…
Business
US: Wall St opens lower on tariff jitters; Tesla down on Musk's political plans
Wall Street’s main indexes opened lower on Monday (Jul 7) as tariff tensions kept investors on edge, while Tesla shares slid after CEO…
Business
Del Monte Philippines’ FY2025 Ebitda rises 40%, as exports growth drives sales
Del Monte Philippines said earnings for the year ended May 2025 rose, powered by higher domestic and international sales. The subsidiary…
Business
Asian Stocks Decline as Tariff Confusion Mounts and OPEC+ Raises Oil Output
Stocks in Asia fell on Monday. Japan's Nikkei slid 0.5%, Chinese blue chips dived 0.5%, and the MSCI Asia-Pacific index outside Japan lost…
Business
Singapore stocks rise on Monday; STI up 0.5%
The local bourse kicked off the week on a positive note even as markets monitored how the tariff tango was unfolding. The Straits Times…
Business
NTT DC Reit launches biggest IPO of an S-Reit in over a decade, aims to raise US$773 million
The manager of NTT DC Reit said on Monday (Jul 7) that the real estate investment trust has launched its initial public offering (IPO)…
Business
‘Not perfect timing’: NTT DC Reit launches biggest S-Reit IPO in over a decade to raise US$773 million
The manager of NTT DC Reit believes the timing is “not perfect” for an initial public offering (IPO) as the market is still not stable.…
Business
‘No perfect timing’: NTT DC Reit launches biggest S-Reit IPO in over a decade to raise US$773 million
The manager of NTT DC Reit believes the timing is “not perfect” for an initial public offering (IPO) as the market is still not stable.…