Culture
Japan’s steel output may sink to lowest since 1968 as US tariff risks loom
[ad_1] [TOKYO] Kobe Steel, Japan’s No 3 steelmaker, on Thursday (Aug 7) reported a 3 per cent fall in quarterly crude steel output due to lower prices and the potential...
Chinese firms sell record amount of currency options in first half of 2025
[ad_1] Broad US dollar weakness has underpinned the renminbi, but domestic economic weakness and lingering trade uncertainty with the US have limited its upsidePublished Thu, Aug 7, 2025 · 03:40...
Siemens revenue climbs on robust demand for rail products
[ad_1] Like most manufacturers, the German manufacturer is also contending with higher tariffsPublished Thu, Aug 7, 2025 · 02:07 PM[FRANKFURT] Siemens’s revenue and orders rose in its fiscal third quarter...
UOB resumes guidance for FY2025 with trimmed forecasts amid Q2 earnings miss
[ad_1] [SINGAPORE] UOB has resumed guidance on its full-year 2025 targets after briefly pausing them in the first quarter, but the projections are now broadly lower.The bank now expects net...
Asia: Markets rise as Trump chip exemptions boost tech giants
[ad_1] [HONG KONG] Asian equities rose on Thursday, with big-name chip firms making big gains after Donald Trump said those investing in the United States would be exempted from a...
BlackRock’s GIP said to hire for South-east Asia infrastructure
[ad_1] The challenge around such ventures is creating a risk-reward structure that attracts enough private capitalPublished Thu, Aug 7, 2025 · 11:04 AM[SINGAPORE] Global Infrastructure Partners (GIP), a private markets...
Lyft shares slide on weak sales, disappointing ride totals
[ad_1] [NEW YORK] Lyft shares slid in late on Wednesday (Aug 6) trading after the ride-hailing company reported revenue that fell short of Wall Street’s expectations, stoking concerns about its...
Manulife buys Comvest to build US$18.4 billion private credit unit
[ad_1] [TORONTO] Manulife Financial agreed to buy a majority stake in Comvest Credit Partners, creating a US$18.4 billion private credit platform as the insurer accelerates its expansion into alternative investments.The...
Gold inches higher as US dollar weakens on Fed rate cut hopes
[ad_1] [BENGALURU] Gold prices edged higher on Thursday (Aug 7), helped by a weaker US dollar on growing expectations of a Federal Reserve rate cut next month, while investors awaited...
CSE Global Q2 new orders rise 3.8% to S$211.3 million
[ad_1] [SINGAPORE] Systems integrator CSE Global has secured S$211.3 million worth of new orders for its second quarter ended June, a 3.8 per cent rise from S$203.7 million in Q2...
