Culture
Trump targets Samsung, Apple phones with 25% tariff threat
[ad_1] [WASHINGTON] US President Donald Trump said that the tariffs he threatened against Apple earlier on Friday (May 23) would also be aimed at a wider range of device makers,...
The Hour Glass H2 profit falls 6% to S$74.4 million on increased operating expenses
[ad_1] [SINGAPORE] The Hour Glass has reported a 6 per cent drop in net profit to S$74.4 million in the six months ended March 2025, from S$79.5 million in the...
Sats Q4 profit rises 18.3% to S$38.7 million
[ad_1] [SINGAPORE] In-flight caterer Sats on Friday (May 23) reported net profit of S$38.7 million for the three months ended Mar 31, 2025, gaining 18.3 per cent from S$32.7 million...
Manulife US Reit gets nod to extend asset disposal deadline to Dec 31
[ad_1] [SINGAPORE] The manager of United States office real estate investment trust (Reit) Manulife US Reit (MUST) on Friday (May 23) announced it has received approval from lenders to extend...
Foxconn among potential bidders for Singapore chip assembly firm UTAC in US$3 billion deal: sources
[ad_1] [HONG KONG] Taiwan’s Foxconn is among potential bidders for the Singaporean semiconductor assembly and testing business UTAC Holdings in a deal that could value the company at about US$3...
STI inches up on Friday, tracking regional indices
[ad_1] [SINGAPORE] The Straits Times Index (STI) edged up on Friday (May 23), tracking regional indices.
The STI closed up 0.1 per cent or 2.33 points at 3,882.42.Across the broader...
Eco-Shop jumps on debut, minting a new Malaysian billionaire
[ad_1] [KUALA LUMPUR] Shares of discount-chain Eco-Shop Marketing gained on their debut on Friday (May 23) as Malaysia’s biggest initial public offering of the year created a billionaire.The stock jumped...
Cyclical, structural factors can affect current advantage of US dollar assets although outlook is stable for now: MAS chief
[ad_1] [SINGAPORE] The outlook for the structural advantage of US dollar assets looks to be relatively stable at present, said Monetary Authority of Singapore (MAS) chief Chia Der Jiun at...
RedBird Capital agrees to a £500 million deal to buy UK’s Telegraph newspaper
[ad_1] The current government’s decision to allow foreign state-owned investors to own up to 15% of British newspaper publishers helped unlock a dealPublished Fri, May 23, 2025 · 05:06 PM[LONDON]...
Morgan Stanley says Singapore market is a ‘safe haven’, raises price target for this sector
[ad_1] [SINGAPORE] Analysts from Morgan Stanley are strong on Singapore equities, as the market continued to outperform global stocks year to date – with a total return of 13 per...
