Culture
BMW to buy back more shares worth up to 2 billion euros
Published Tue, May 20, 2025 · 09:42 PM[BERLIN] BMW is buying back as much as 2 billion euros (S$2.9 billion) of stock starting this month.The carmaker’s management board approved...
Delfi’s Q1 Ebitda down 27.2% on weaker regional currencies, trade tensions
[SINGAPORE] Chocolate confectioner Delfi ran up a 27.2 per cent drop in earnings before interest, taxes, depreciation and amortisation (Ebitda) to US$17 million in the first quarter ended Mar...
SLB Development shareholders okay privatisation offer from Lian Beng’s Ong family
[SINGAPORE] Shareholders of SLB Development approved the scheme resolution proposed by Lian Beng Group’s board of directors – which comprises the controlling Ong family – to acquire and privatise...
SIA Engineering inks S$1.3 billion deal to service SIA, Scoot fleets
The company will provide support for two years, with an option to extend by one year[SINGAPORE] Mainboard-listed SIA Engineering (SIAEC) signed fresh services agreements with national carrier Singapore Airlines...
Singapore shares rise amid Wall Street’s overnight gain; STI up 0.2%
Across the broader market, decliners trail gainers 195 to 263, after one billion securities worth S$1 billion change hands[SINGAPORE] Singapore shares rose on Tuesday (May 20), after Wall Street...
Thai banks’ bad loans rise to 2.9% in Q1
Published Tue, May 20, 2025 · 04:21 PM[BANGKOK] Thai banks’ non-performing loans rose to 2.90 per cent of outstanding loans at the end of March from 2.78 per cent...
Japan’s 20-year bond auction gets weakest demand since 2012
The sale comes after a recent surge in longer Japanese bond yields and increased volatility owing in part to US President Donald Trump’s policy measuresPublished Tue, May 20, 2025...
Australia’s central bank cuts rates to two-year low of 3.85%
[SYDNEY] Australia’s central bank on Tuesday (May 20) cut its main cash rate by 25 basis points to a two-year low of 3.85% citing a darker global outlook and...
Japan PM hits out at farm minister over free rice claim
[TOKYO] Japanese Prime Minister Shigeru Ishiba on Tuesday reprimanded the farm minister for claiming he never buys rice because he gets it free, provoking the ire of consumers facing soaring...
Asia: Markets rebound to track Wall Street up as China cuts rates
[HONG KONG] Asian markets rose on Tuesday as investor sentiment returned following the previous day’s US rating-fuelled losses, with sentiment also boosted after China cut interest rates to historic...
