Culture
Asia: Alibaba soars but markets dip
[ad_1] Published Mon, Sep 1, 2025 · 12:02 PMCHINESE ecommerce giant Alibaba boosted the Hang Seng on Monday, but other Asian markets mostly fell back after Wall Street retreated from...
China banks pressured by rising loan losses, low margins
[ad_1] [BEIJING] China’s mega banks are under pressure from rising allowances for loan losses and a continued margin erosion in their mission to support the world’s second-largest economy. The lenders,...
Yangzijiang Shipbuilding soars 6.5% on the back of new orders worth US$920 million
[ad_1] [SINGAPORE] Shares of Yangzijiang Shipbuilding soared 6.5 per cent shortly after market open on Monday (Sep 1) on the back of its announcement that it has secured 22 new...
Cathay Cineplexes to undergo voluntary liquidation
[ad_1] It is not feasible for the cinema chain to continue operating as a going concern, parent mm2 Asia says [SINGAPORE] Entertainment company mm2 Asia on Monday (Sep 1) announced...
Spirit Airlines bankruptcy tees up painful cuts in survival bid
[ad_1] [DALLAS] Spirit Aviation Holdings’ second bankruptcy filing in a year signals that the low-cost carrier is finally facing up to the painful steps needed to ensure its survival.But its...
Stocks to watch: CapitaLand Ascendas Reit, GuocoLand, Oxley Holdings, mm2 Asia
[ad_1] [SINGAPORE] The following companies saw new developments that may affect trading of their securities on Monday (Sep 1): CapitaLand Ascendas Reit (Clar): The manager of CapitaLand Ascendas Reit announced...
Oxley Holdings H2 loss narrows to S$8.3 million on higher revenue
[ad_1] [SINGAPORE] Property developer Oxley Holdings on Friday (Aug 29) posted a narrower loss of S$8.3 million for its second half ended Jun 30, 2025, compared with S$94.9 million in...
BYD profit drop may be worrying sign of things to come
[ad_1] [BEIJING] The fallout is becoming impossible to ignore in the fierce battle among Chinese carmakers.With BYD reporting a staggering 30 per cent plunge in quarterly profit last Friday (Aug...
Mitsubishi Heavy to double gas turbine capacity as demand soars
[ad_1] [TOKYO] Mitsubishi Heavy Industries aims to double its gas turbine capacity in the next two years as demand for the equipment rises globally due to replacement and data centre...
Small, mid-cap stocks ride MAS liquidity boost
[ad_1] [SINGAPORE] The Republic’s small and mid-cap stocks are gaining fresh momentum, buoyed by initiatives from the Monetary Authority of Singapore (MAS) to deepen the equity market and broaden investor...
