Culture
Wall Street bonus pool to grow as bank revenue boosted by rally
[ad_1] [NEW YORK] The outlook for Wall Street bonuses is improving, with payouts now set to rise across most sectors of the finance industry as the market rebounds.
After a tepid...
Singapore shares boosted by retail sales growth; STI up 0.3%
[ad_1] [SINGAPORE] The Straits Times Index (STI) settled higher on Tuesday (Aug 5) for the second consecutive session, supported by stronger-than-expected retail sales figures for June.Retail sales rose 2.3 per...
Taiwanese authorities detain three over alleged theft of TSMC chip secrets
[ad_1] [TAIPEI] Taiwanese authorities have detained three people for allegedly stealing technology trade secrets from Taiwan Semiconductor Manufacturing Co (TSMC), the world’s largest chip foundry, Taiwanese prosecutors said on Tuesday...
Malaysia seeks RM1.4 billion for palm oil replanting over next five years
[ad_1] Published Tue, Aug 5, 2025 · 02:17 PM[KUALA LUMPUR] Malaysia’s commodities ministry said on Tuesday (Aug 5) that it would seek to boost the allocation for palm oil replanting...
Apac logistics sector sees dampened near-term outlook but long-term growth plans unfazed: CBRE
[ad_1] [SINGAPORE] Logistics occupiers across Asia-Pacific are looking beyond short-term market volatility and planning long-term investments, a CBRE survey on Monday (Aug 4) indicated. The 2025 Asia-Pacific Logistics Occupier Survey...
Asia: Markets track Wall Street rally on Fed rate cut bets
[ad_1] [HONG KONG] Stock markets rose on Tuesday as investors grow increasingly confident the Federal Reserve will cut interest rates next month, despite concerns about the US economy and Donald...
Petronas said to seek US$1 billion for Rio oil field stake sale
[ad_1] Published Tue, Aug 5, 2025 · 10:51 AM[SAO PAULO] Malaysia’s Petroliam Nasional Berhad is working with Bank of America to sell its 50 per cent stake in the Brazilian...
Some in Bank of Japan saw scope to hike rates if trade friction eases, June minutes show
[ad_1] [TOKYO] Some Bank of Japan policymakers saw scope to resume interest rate increases once trade friction caused by US tariffs eased, minutes of the bank’s June meeting showed, a...
China’s record renewables build-out is wasting power as grid lags
[ad_1] [BEIJING] China’s breakneck expansion of renewable power continues to set records, but an increasing amount of that wind and solar energy is being wasted because the grid is not...
Gold rises as Fed rate cut bets pressure dollar, yields
[ad_1] [BENGALURU] Gold prices rose on Tuesday (Aug 5), after gaining in the last three sessions, supported by a weaker US dollar and lower Treasury yields following last week’s weak...
CICT to buy rest of CapitaSpring for S$1 billion; plans S$500 million placement between S$2.105 and S$2.142 a unit
[ad_1] [SINGAPORE] CapitaLand Integrated Commercial Trust (CICT) on Tuesday (Aug 5) announced a proposed launch of more than 237.5 million new units to raise gross proceeds of around S$500 million,...
