Culture

Hedge funds shift bets to double down on Big Tech amid AI boom
[ad_1] [NEW YORK] Wall Street’s largest hedge funds, Bridgewater Associates, Tiger Global Management and Discovery Capital, increased their exposure to Big Tech in the second quarter amid a generational boom...
Stocks to watch: Thai Beverage, Golden Agri-Resources, Ho Bee Land, OUE, Straits Trading
[ad_1] [SINGAPORE] The following companies saw new developments that may affect trading of their securities on Friday (Aug 15):Thai Beverage: The beverage company on Thursday reported a 4 per cent...
Cordlife H1 loss narrows to S$4.6 million from S$12.4 million; client claims now total S$8.7 million
[ad_1] [SINGAPORE] Cord-blood bank on Thursday (Aug 14) posted a net loss of S$4.6 million for its first half ended Jun 30, trimming its losses from S$12.4 million in the...
Cordlife H1 loss narrows to S$4.6 million from S$12.4 million
[ad_1] [SINGAPORE] Cordlife on Friday (Aug 15) posted a net loss of S$4.6 million for its first half ended Jun 30, 2025, trimming its losses from S$12.4 million in the...
Apple rejects Musk claim of App Store bias
[ad_1] APPLE on Thursday rejected Elon Musk’s claim that its digital App Store favours OpenAI’s ChatGPT over his company’s Grok and other rival AI assistants.Musk has accused Apple of giving...
Traders trim Fed-cut bets as wholesale inflation clouds outlook
[ad_1] [NEW YORK] Wall Street traders dialled back expectations for an interest-rate cut next month, sending Treasury yields higher, after fresh data on wholesale prices signalled tariffs are pushing up...
For just US$1 million, wealthy investors can buy a stake in hedge fund Millennium
[ad_1] [NEW YORK] For just US$1 million, investors are being offered a slice of one of the world’s largest hedge fund firms.Goldman Sachs is offering clients a stake in Izzy...
Europe: Stocks close at two-month highs propelled by earnings, defence stocks
[ad_1] EUROPEAN shares closed at their highest level in more than two months on Thursday, with aerospace and defence stocks and financials providing the biggest boost as investors assessed a spate...
US: Stocks hold steady after wholesale prices jump
[ad_1] Published Fri, Aug 15, 2025 · 06:11 AM[NEW YORK] Wall Street stocks shook off early losses to finish essentially flat on Thursday as markets digested disappointing inflation data that complicates expectations...
Yanlord Land back in the black with H1 net profit of 379.2 million yuan
[ad_1] [SINGAPORE] Yanlord Land recorded a net profit of 379.2 million yuan (S$67.8 million) for the first half of 2025, reversing from a net loss of 486 million yuan in...
Ho Bee Land H1 net profit increases over four times to S$49.8 million 
[ad_1] [SINGAPORE] Ho Bee Land recorded a net profit of S$49.8 million in the first half of the year, a more than 400 per cent increase from S$8.8 million in...
Straits Trading reports H1 loss of S$40.8 million
[ad_1] [SINGAPORE] The Straits Trading Company recorded a net loss of S$40.8 million for the first half of 2025, reversing from a net profit of S$5.2 million in the year-ago...