Culture
3HA Capital to privatise watch-listed CosmoSteel after buyout offer accepted
[ad_1] [SINGAPORE] Watch-listed company CosmoSteel Holdings will be delisted from the Singapore Exchange (SGX) as it no longer satisfies the bourse’s free-float requirement.This comes as an offer by investment holding...
US tariffs’ direct impact on Singapore ‘contained’, but semiconductors and pharmaceuticals still under threat: analysts
[ad_1] [SINGAPORE] The direct downside impact of US tariffs on Singapore’s economy should be “contained”, but threats from sectoral tariffs against semiconductors and pharmaceuticals remain, said analysts on Friday (Aug...
Singapore, Malaysia markets rise, while Taiwan stocks drop as Trump sets new tariff rates
[ad_1] [SINGAPORE] Singapore stocks opened slightly up on Friday (Aug 1), while Malaysia markets jumped and Taiwan slumped, following the announcement of US President Donald Trump’s global tariff rates.Malaysia, Thailand...
First Hong Kong stablecoin licences may be issued early next year, HKMA says
[ad_1] Published Fri, Aug 1, 2025 · 09:43 AM[HONG KONG] The first batch of Hong Kong stablecoin issuer licences is expected to be granted early next year, the Hong Kong...
Indofood Agri Resources’ H1 net profit up 13.4% at 337.8 billion rupiah amid higher commodity prices
[ad_1] [SINGAPORE] Indofood Agri Resources on Friday (Aug 1) posted a 13.4 per cent rise in net profit to 337.8 billion rupiah (S$26.6 million) for its first half ended June,...
Stocks to watch: OCBC, FLCT, Clas, Jardine Matheson, Keppel Reit, NetLink, Del Monte Pacific
[ad_1] [SINGAPORE] The following companies saw new developments that may affect trading of their securities on Friday (Aug 1): OCBC: The local bank’s net profit for Q2 FY2025 fell 7...
OCBC Q2 profit falls 7% to S$1.82 billion; to pay S$0.41 a share in dividends
[ad_1] The earnings beat the S$1.79 billion consensus forecast from a Bloomberg poll of six analysts[SINGAPORE] OCBC’s net profit for the second quarter declined 7 per cent as interest rates...
Amazon cloud computing results fail to impress, shares slide after hours
[ad_1] AMAZON.COM on Thursday forecast third-quarter sales above market estimates, but failed to live up to lofty expectations for its Amazon Web Services cloud computing unit after rivals handily beat expectations.Shares fell...
Apple revenue forecast beats estimates as iPhone sales soar
[ad_1] [SAN FRANCISCO] Apple forecast revenue well above Wall Street’s estimates on Thursday, following strong June-quarter results supported by customers buying iPhones early to avoid US President Donald Trump’s tariffs. Chief financial...
US: Stocks end lower after strong start as rally fades
[ad_1] [NEW YORK] Wall Street stocks finished lower on Thursday, shrugging off strong gains by Microsoft and Meta as traders await key US employment data and a White House tariff deadline.Facebook parent...
