Culture
Shangri-La Asia H1 net profit down 38.7% at US$57.9 million amid higher revenue
The board declares an interim dividend of HK$0.05 per ordinary share, unchanged from H1 2024 [SINGAPORE] Hotel group Shangri-La Asia posted a net profit of US$57.9 million for the...
Oil settles higher as traders await Trump’s statement on Russia-Ukraine
[NEW YORK] Oil prices settled higher on Thursday, bouncing off early losses after the White House said US President Donald Trump was not happy when he learned that Russia attacked Ukraine...
Europe: Stoxx 600 closes lower; investors assess Pernod Ricard, Nvidia earnings
EUROPE’S Stoxx 600 closed lower on Thursday, dragged down by healthcare stocks, while investors assessed earnings from Pernod Ricard and AI chip leader Nvidia.The pan-European Stoxx 600 ended 0.2 per...
GuocoLand’s H2 net profit falls 48% as China losses offset Singapore growth
[SINGAPORE] Property developer GuocoLand posted a 48 per cent drop in net profit to S$32.4 million for its half year ended Jun 30, from S$62.4 million in the corresponding...
Key changes in Temasek’s leadership as it creates three new entities
[SINGAPORE] In one of Temasek Holdings’ biggest overhauls since 1974, the Singapore investment company will form three wholly owned entities to oversee its business segments from Apr 1, 2026.These...
GovTech partners Google Cloud to trial agentic AI usage in public sector
[SINGAPORE] The Government Technology Agency (GovTech) will collaborate with Google Cloud on a sandbox to experiment with agentic artificial intelligence (AI) and test agentic solutions for public use cases,...
Deutsche Bank fined US$3 million by Hong Kong securities regulator
Published Thu, Aug 28, 2025 · 07:29 PM[HONG KONG] Deutsche Bank has been fined US$3.05 million over various breaches between 2015 and 2023, Hong Kong’s securities regulator said on...
Didi posts Q2 loss of US$350 million on lawsuit provision
Revenue rose 10.9%, partly fuelled by growth in overseas business.Published Thu, Aug 28, 2025 · 07:10 PM[BEIJING] Chinese ride-hailing giant Didi Global reported on Thursday (Aug 28) a second-quarter...
Aster Chemicals declares force majeure at Singapore naphtha cracker: sources
Published Thu, Aug 28, 2025 · 06:50 PM[SINGAPORE] Singapore’s Aster Chemicals and Energy has declared force majeure on petrochemical supplies from its naphtha cracker on Bukom island, according to...
Temasek shakes up leadership as it prepares for renewal
[SINGAPORE] Temasek Holdings will divide its operations into three entities, in one of the biggest overhauls in its 51-year history, as it prepares for a new generation of leaders....
