Culture
Richard Li’s FWD rises in HK debut, reversing earlier declines
[ad_1] [HONG KONG] Billionaire Richard Li’s FWD Group Holdings rose in its Hong Kong trading debut, reversing earlier declines, after an initial public offering (IPO) that raised HK$3.5 billion (S$570...
After petrol, China’s oil refiners face a jet fuel glut
[ad_1] [NEW YORK] China’s oil refiners are grappling with an oversupply of jet fuel, in yet another blow to the bottom line of a sector already dealing with ebbing demand...
Gold prices drop as Trump signals trade deals, extends tariff reprieve
[ad_1] Published Mon, Jul 7, 2025 · 09:45 AM[BENGALURU] Gold prices dropped on Monday (Jul 7) after US President Donald Trump signalled progress on multiple trade agreements and announced extended...
Del Monte Pacific expects capital deficit from write-offs of US unit’s bankruptcy
[ad_1] Its equity investment in Del Monte Foods and receivables due from the unit are expected to be subject to impairment[SINGAPORE] Del Monte Pacific expects to record a capital deficit...
Xiaomi founder’s bold EV bet is paying off where Apple’s failed
[ad_1] [HONG KONG] Lei Jun, founder and chairman of Xiaomi, the only tech company to have successfully diversified into carmaking, could not resist.Speaking at a triumphant launch event in Beijing...
TikTok building new version of app ahead of expected US sale: report
[ad_1] Published Mon, Jul 7, 2025 · 07:40 AM[BENGALURU] TikTok is building a new version of its app for users in the United States ahead of a planned sale of...
Oil slips 1% after Opec+ accelerates output hikes
[ad_1] Published Mon, Jul 7, 2025 · 07:06 AM[SINGAPORE] Oil prices slipped 1 per cent at the start of trading on Monday after Opec+ accelerated output hikes and raised concerns about...
Oil tumbles as Opec+ hikes August output more than expected
[ad_1] [SINGAPORE] Oil prices slipped more than 1 per cent on Monday after Opec+ surprised markets by hiking output more than expected in August, raising concerns about oversupply.Brent crude futures fell...
AIA Singapore steps up wealth management ambitions even as it leverages ageing trend
[ad_1] [SINGAPORE] By 2026, an estimated 21 per cent of Singapore’s population will be aged 65 and above, making it a “super-aged” society. This is a rise from the current...
S&P 500 expected to rally further
[ad_1] The S&P 500 staged a remarkable comeback in the second quarter of 2025, recording a new all-time high on Jun 27, after rebounding over 28 per cent from the...
Reit-owned malls more likely to forgo higher rents for right tenant mix
[ad_1] [SINGAPORE] For Singapore-listed real estate investment trusts (S-Reits), rent increases are tempered by longer lease terms, a need to curate tenant mixes to drive foot traffic, and a focus...
Nanofilm to acquire remaining 35% stake in Sydrogen from Temasek for S$15 million
[ad_1] [SINGAPORE] Nanofilm Technologies is acquiring the remaining stake of its majority-owned Sydrogen, a hydrogen technology solution provider, from Temasek’s unit Venezio Investments for S$15 million. The transaction represents 35 per...