Culture

Valuemax H1 net profit up 35.5% at S$48 million
[ad_1] It attributes improvement to robust performance across all its core business segments – pawnbroking, moneylending, gold and jewellery retail and trading[SINGAPORE] Valuemax Group on Tuesday (Aug 12) posted a...
DBS suggested Hyflux issue preference shares in 2011, Olivia Lum’s lawyer reveals
[ad_1] [SINGAPORE] The issuance of S$400 million in preference shares by Hyflux in 2011 was suggested by DBS, going by evidence that emerged in the trial of Hyflux’s senior management...
Haw Par Corporation H1 net profit up 18.2% at S$144.1 million 
[ad_1] It declares an interim dividend of 20 Singapore cents per share, unchanged from the year before[SINGAPORE] Haw Par Corporation posted an 18.2 per cent rise in net profit to...
Japan’s Nikkei races to record high, SoftBank leads tech surge
[ad_1] [TOKYO] Japan’s Nikkei share gauge powered to an all-time high on Tuesday (Aug 12), driven by sharp gains for tech companies and renewed optimism over trade with the United...
China urges firms not to use Nvidia H20 chips in new guidance
[ad_1] [HONG KONG] China has urged local companies to avoid using Nvidia’s H20 processors, particularly for government-related purposes, complicating the chipmaker’s attempts to recoup billions in lost China revenue as...
DBS, China-Singapore Suzhou Industrial Park Development sign MOU to advance carbon credit trading
[ad_1] [SINGAPORE] DBS China on Tuesday (Aug 12) has signed a memorandum of understanding with a subsidiary of China-Singapore Suzhou Industrial Park Development Group (CSSD) – China-Singapore Suzhou Industrial Park...
RBA cuts interest rates, signals more to come as inflation slows
[ad_1] [SYDNEY] Australia’s central bank cut interest rates on Tuesday (Aug 12) for a third time this year and signalled further policy easing might be needed to meet its inflation...
Australia’s central bank cuts rates to two-year low of 3.6%
[ad_1] [SYDNEY] Australia’s central bank cut interest rates on Tuesday (Aug 12) for a third time this year and signalled further policy easing might be needed to meet its inflation...
Explosions at US Steel plant leaves two dead, 10 injured
[ad_1] MULTIPLE explosions on Monday at a US Steel plant near Pittsburgh killed two people and injured 10 others, according to the company and local authorities.The blasts at the Clairton...
Trump says gold will not face tariffs after customs confusion
[ad_1] Published Tue, Aug 12, 2025 · 07:02 AMUS PRESIDENT Donald Trump said Monday that gold imports will not face additional tariffs, days after confusion flared on whether recent hikes applied to...
FLCT prices S$100 million notes due 2034 at 2.45%
[ad_1] The notes, rated “BBB+” by S&P, will be issued on Aug 15 under the Reit’s S$1 billion multi-currency debt issuance programme[SINGAPORE] Frasers Logistics & Commercial Trust (FLCT) is offering...
Citigroup lifts S&P 500 year-end target to 6,600
[ad_1] Published Mon, Aug 11, 2025 · 08:55 PM[NEW YORK] Citigroup raised its year-end target for the S&P 500 index to 6,600, betting on US President Donald Trump’s tax and...