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...
Malaysia’s IHH unit seeks up to 109 billion rupees in damages from Japan’s Daiichi Sankyo
Northern TK Venture alleges Japan’s Daiichi Sankyo blocked its 2018 bid for an Indian hospital chain, causing financial losses.Published Tue, May 20, 2025 · 07:08 PM[BENGALURU] IHH Healthcare said...
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 mulls taxing small parcels as Shein, Temu expand
Published Tue, May 20, 2025 · 01:02 PM[TOKYO] Japan is mulling a review of tax exemptions for small parcels including those shipped from China, joining a slew of governments...
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...
