Culture

Profit dives at China’s top food delivery firm Meituan amid intense competition
[ad_1] [SHANGHAI] China’s leading food delivery group Meituan, reported on Wednesday (Aug 27) a fall of 89 per cent in second-quarter adjusted net profit as it looks to stave off...
Singapore shares end flat amid Fed pressure and ahead of Nvidia earnings release
[ad_1] [SINGAPORE] Local stocks ended Wednesday (Aug 27) unchanged while regional markets closed mixed, as investors weighed political pressure on the US Federal Reserve and awaited a key earnings report...
Hong Kong’s key rate climbs above 3% to pose risks for economy
[ad_1] If the gauge sustains above that level, it could have a negative impact on the economyPublished Wed, Aug 27, 2025 · 04:54 PM[HONG KONG] Liquidity conditions in Hong Kong...
Cambricon briefly overtakes Moutai as China’s priciest stock
[ad_1] [SHANGHAI] A leading Chinese chipmaker briefly replaced a top liquor giant as the country’s most expensive onshore stock, as investors doubled down on innovative technology firms to keep driving...
China tech giant JD.Com unit, two other firms plan US$1 billion Singapore Reit
[ad_1] [SINGAPORE/HONG KONG] The property investment arm of Chinese e-commerce giant JD.Com and two other firms plan to launch a Singapore-based real estate investment trust (Reit) with assets potentially valued...
From vultures to defenders, Japan private equity deals head for record year
[ad_1] [TOKYO] Take-private deals in Japan are likely to hit a record high this year, exceeding the US$40.3 billion total racked up in 2023, according to private equity funds and...
China’s Ping An Insurance eyes more investment in high-yield, high-tech stocks, CEO says
[ad_1] [BEIJING] China’s Ping An Insurance plans to further invest in shares to boost its portfolio return while staying cautious about Chinese economic growth, co-CEO Michael Guo said.The privately owned...
Sias chastises Singapore Paincare over shareholder pressure in privatisation offer
[ad_1] [SINGAPORE] The Securities Investors Association (Singapore), or Sias, is cautioning shareholders of Singapore Paincare to decide on its proposed privatisation offer by reading the independent financial adviser (IFA) report....
Sias raps Singapore Paincare for WhatsApp pressure on shareholders over privatisation offer
[ad_1] [SINGAPORE] The Securities Investors Association (Singapore), or Sias, is cautioning shareholders of Singapore Paincare to decide on its proposed privatisation offer by reading the independent financial adviser (IFA) report....
Thai central bank sees room for accommodative policy in face of second-half challenges
[ad_1] [BANGKOK] Thailand’s monetary policy should remain accommodative as the economy will face multiple headwinds in the second half of this year, including from US tariffs, the minutes of the...
An 83-year-old pizza mogul returns to save 3,500 Domino’s stores
[ad_1] [SYDNEY] Billionaire Jack Cowin built a fast-food empire by bringing fried chicken to 1960s Australia. Now, at 83, he is back to attempt a turnaround of the biggest Domino’s...
Asia: Markets diverge with eyes on Nvidia earnings
[ad_1] ASIAN markets diverged on Wednesday morning following broad losses the previous day, as attention turns from political pressure on the US central bank to a key earnings report by...