Culture
US: Wall St opens higher as investors digest GDP data; Fed verdict awaited
[ad_1] Published Wed, Jul 30, 2025 · 09:42 PM[NEW YORK] Wall Street’s main indexes opened higher on Wednesday (Jul 30) as investors assessed better-than-expected GDP data, and awaited the Federal...
Mapletree Logistics Trust to divest South Korean property for S$7.4 million
[ad_1] The proposed divestment is in line with its manager’s drive to rejuvenate its portfolio by letting go of assets no longer aligned with its strategy [SINGAPORE] Mapletree Logistics Trust...
MPACT Q1 DPU falls 3.8% to S$0.0201 on lower contributions, divestment of Mapletree Anson
[ad_1] [SINGAPORE] The manager of Mapletree Pan Asia Commercial Trust (MPACT) on Wednesday (Jul 30) reported a 3.8 per cent fall in distribution per unit (DPU) to S$0.0201 for the...
Sheng Siong H1 net profit rises 3.5% to S$72.3 million on improved sales mix
[ad_1] [SINGAPORE] Supermarket operator Sheng Siong reported a 3.5 per cent increase in H1 2025 net profit to S$72.3 million, from S$69.9 million in H1 2024 on Wednesday (Jul 30).Revenue...
Singapore shares down for fourth session; STI dips 0.2%
[ad_1] [SINGAPORE] Local stocks slipped for the fourth straight session on Wednesday (Jul 30), logging their longest losing streak in five weeks, as second-quarter employment growth slowed from the same...
Thailand adjusts EV policy to ease production requirements, target exports
[ad_1] Published Wed, Jul 30, 2025 · 04:27 PM[BANGKOK] Thailand adjusted an electric vehicle incentive policy on Wednesday (Jul 30) to give carmakers more flexibility to meet production requirements and...
Adidas reports hit from US tariffs
[ad_1] [FRANKFURT] German sportswear giant Adidas said on Wednesday (Jul 30) it took a hit from US tariffs in the second quarter but did not indicate whether it would pass...
US ETF outperforming S&P 500 becomes substantial shareholder in Rex, has stakes in 30 Singapore stocks
[ad_1] [SINGAPORE] A US-based exchange-traded fund (ETF) has recently become a substantial shareholder of Rex International after raising its stake in the oil exploration and production company. Avantis International Small...
Porsche cuts outlook as US tariffs, model revamp eat into profit
[ad_1] Published Wed, Jul 30, 2025 · 03:06 PM[Stuttgart] Porsche cut its outlook for the third time this year, with US President Donald Trump’s 15 per cent tariffs on European...
Tesla signs US$4.3 billion LGES battery deal, source says, reducing China reliance
[ad_1] [SEOUL] South Korea’s LG Energy Solution (LGES) has signed a US$4.3 billion deal to supply Tesla with energy storage system batteries, said a source familiar with the matter, as...
