Culture

US: S&P 500, Nasdaq drift to fresh records, extending rally
Published Thu, Aug 14, 2025 · 06:12 AM[NEW YORK] Wall Street stocks pushed higher on Wednesday, lifting the S&P 500 and Nasdaq to fresh records as markets extended a rally following...
Stoneweg Europe Stapled Trust DPS falls 7% to 0.06553 euro for H1 amid higher interest expenses
[SINGAPORE] Stoneweg Europe Stapled Trust (Sert) on Wednesday (Aug 13) posted a distribution per stapled security (DPS) of 0.06553 euro for its first half ended Jun 30, 2025, 7...
Europe: Shares close higher as US-China tariff truce, US data buoy sentiment
EUROPEAN shares closed higher on Tuesday on optimism about the US-China tariff truce and interest rate cuts by the US Federal Reserve, while declines in heavyweight technology stocks limited...
Delfi H1 net profit down 37.7% to US$12.2 million on softer performance in Indonesia
[SINGAPORE] Delfi posted a 37.7 per cent drop in net profit to US$12.2 million for its first half ended Jun 30, 2025, from US$19.6 million in the previous corresponding...
M1-Simba, Starhub-MyRepublic consolidations: a crowded telco market through the years
[SINGAPORE] Developments of telecommunications companies consolidating dominated this week, after many years of speculation. News broke on Tuesday (Aug 12) of StarHub buying the rest of MyRepublic Broadband for...
FLCT prices S$100 million notes due 2034 at 2.45%
The notes, rated “BBB+” by S&P, will be issued on Aug 15 under the Reit’s S$1 billion multi-currency debt issuance programme[SINGAPORE] Frasers Logistics & Commercial Trust (FLCT) is offering...
Hearing of Hyflux founder and ex-CEO Olivia Lum, ex-CFO and directors starts Monday
[SINGAPORE] The trial of Hyflux founder and former chief executive Olivia Lum, its ex-chief financial officer (CFO), and four independent directors is slated to begin on Monday (Aug 11).Their...
Remote Work Isn’t Just “Work from Home”
Remote work is nowhere near WFH. I mean, at some point it is, but there’s more to it. This is the point where people started during the pandemic. But...
Asia: Tokyo soars on trade deal relief as markets limp into weekend
JAPANESE stocks rallied on Friday on a mixed day for Asian markets, fuelled by relief that Tokyo and Washington had settled a tariff issue that raised concerns about their...
DBS shares reach S$50 mark, an all-time high, after unveiling higher Q2 profit
[SINGAPORE] The share price of DBS soared to a record-high after the group posted marginally higher Q2 earnings before the market opened, nearing the S$50 mark. The counter rose...
Stocks to watch: DBS, UOB, Yangzijiang Shipbuilding, Sats, Venture Corp, Straits Trading
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Thursday (Aug 7): DBS: The local bank on Thursday announced that its net profit...
Carro targets US IPO with over US$3 billion valuation: sources
[SINGAPORE] Singapore-based Carro, South-east Asia’s largest used-car online marketplace, is preparing for a US initial public offering as early as 2026 that could raise up to US$500 million, according...