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Trump to visit Federal Reserve on Thursday, ramping up pressure on Powell
US PRESIDENT Donald Trump, a robust critic of Federal Reserve Chair Jerome Powell, will visit the central bank on Thursday, the White…
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Asia: Markets extend gains on US trade deal hopes
Asian markets extended the week’s gains on Thursday on optimism other countries will follow up Japan’s US trade deal with ones of their…
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Surge in anti-Druze hate speech linked to Syria unrest, CyberWell reports
According to the watchdog, the incitement includes explicit antisemitic language and conspiracy theories portraying Syrian Druze as…
Business
ST Engineering up 7.3% on Q2 contract wins
ST Engineering soared on Thursday (Jul 24) morning after the group announced that it bagged S$4.7 billion in contracts for Q2 2025. As at…
Business
ST Engineering climbs 7.7% to record high on Q2 contract wins
The counter is up 91.2% year to date from its S$4.66 closing price on Dec 31, 2024 ST Engineering’s share price soared on Thursday (Jul…
Business
ST Engineering climbs 8.1% to record high on Q2 contract wins
The counter is up 91.2% year to date from its S$4.66 closing price on Dec 31, 2024 Shares of ST Engineering soared on Thursday (Jul 24)…
Business
Rate cuts seen lifting Philippine bonds from Asia’s lowest ranks
Philippine bonds are poised to rebound from the bottom of Asia’s debt rankings, thanks to the central bank’s room to cut rates and their…
Business
Marina Bay Sands H1 revenue rises 17% to US$2.6 billion as travel spend in Asia expands
Adjusted property Ebitda rose 23.8% to US$1.4 billion, up from US$1.1 billion in the first half of 2024 Net revenue for Marina Bay Sands…
Business
Elite UK Reit to convert Scotland property into student housing by September 2027
The manager of Elite UK Real Estate Investment Trust (Reit) on Thursday (Jul 24) announced that it has received planning approval to…
Business
Japan trade deal sparks hope for US investors, frustration for automakers
Shares of General Motors, Ford Motor and Jeep-maker Stellantis, some of the biggest automakers in the US, rallied on Wednesday after news…
Business
AMD CEO sees chips from TSMC’s US plant costing 5% to 20% more
Advanced Micro Devices (AMD) chief executive officer Lisa Su said that the chips her company gets from supplier Taiwan Semiconductor…
Business
ST Group Food moves to liquidate UK unit that operates Gong Cha brand in the country
Catalist-listed ST Group Food plans to liquidate its indirect subsidiary in the UK, GCTea Outlets 2B, which operates a food and beverage…
Business
Stocks to watch: ST Engineering, MPACT, MLT, Digital Core Reit, Sabana Reit, OUE Reit
The following companies saw new developments that may affect trading of their securities on Thursday (Jul 24): ST Engineering: The group…
Business
Macquarie’s quarterly profit falls, CFO Harvey decides to step down
RALIA’S top investment bank, Macquarie Group, reported a decline in first-quarter net profit on Thursday and announced that chief…
Business
Japan’s Topix hits record high in trade deal afterglow
— Japan’s Topix iindex rose to a record high on Thursday and the Nikkei share average hit a new one-year peak, as stocks rallied for a…
Business
Bank of Japan watchers still predict next rate hike in October or January
Bank of Japan (BOJ) watchers increasingly expect authorities to raise the benchmark interest rate either in October or January, according…
Business
Nvidia supplier SK Hynix Q2 profit rises 69%, meets forecasts
South Korea’s SK Hynix posted on Thursday a record quarterly profit, driven by strong demand for advanced chips used in generative…
News
Heavier anti-money laundering penalties could help Singapore maintain high standards as wealth hub
Authorities in Singapore appear to be kicking it up a notch, as they round up more individuals and entities for their involvement in a S$3…
Culture
Arian Moayed’s Waterwell Teams With Nonprofit Nimruz on Grant Program to Uplift Iranian Artists
Yahoo is using AI to generate takeaways from this article. This means the info may not always match what's in the article. Reporting…
Business
Bank of America to buy back US$40 billion of shares in new programme
The announcement follows buyback plans from some of the biggest US banks after they passed this year’s US Federal Reserve stress tests…
Business
Chevron cuts 575 jobs in Houston after closing Hess acquisition, filing reveals
Chevron cut 575 positions in the Houston area after it completed its US$55 billion merger with Hess, a Texas Workforce Commission filing…
Business
IBM’s software sales disappoint, eclipsing AI mainframe revival
IBM beat Wall Street estimates for second-quarter revenue and profit on Wednesday (Jul 23), but lower-than-expected sales in its mainstay…
Business
Google parent Alphabet surprises with capital spending boost after earnings beat
ALPHABET on Wednesday cited massive demand for its cloud computing services as it hiked its capital spending plans for the year to about…
Business
Oil prices steady with trade talks in focus
Oil prices were little changed on Wednesday as investors assessed trade developments between the European Union and the US after President…