Jane Street to argue that retail demand drove its India trades
Jane Street Group is expected to argue that its controversial Indian options trades were a response to outsized demand from retail investors, sources familiar with the matter said. The…
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Fashion
Gold edges down on stronger US dollar, easing tariff concerns
Gold prices edged lower in early trade on Tuesday (Jul 29), weighed down by easing concerns over a global tariff war and a stronger US dollar, while investors focussed on the US Federal…
ESR-Reit H1 DPU inches up 0.2% to S$0.11239
ESR Real Estate Investment Trust (ESR-Reit) posted a 0.2 per cent rise in distribution per unit (DPU) to S$0.11239 for the first half ended Jun 30, from S$0.1122 in the corresponding…
Warner Bros to get studio business after split, Discovery to house news, sports brands
The breakup is the latest unravelling of decades of media consolidation that created global conglomerates spanning content creation, distribution and in some cases, telecommunications …
Ghislaine Maxwell Makes Desperate Final Move to Overturn Sex Trafficking Conviction as Her Lawyers Try for Presidential Pardon
British socialite and Jeffrey Epstein associate Ghislaine Maxwell filed an appeal with the Supreme Court Monday, seeking to overturn her 2021 federal conviction for sex trafficking.…
First Sponsor reports 59.2% jump in H1 earnings to S$19 million, interim dividend of S$0.011 a share
Property developer First Sponsor reported a 59.2 per cent increase in earnings to S$19 million in H1 2025 from S$11.9 million in H1 2024, in a bourse filing on Monday (Jul 28). The…
US: S&P, Nasdaq open at record highs on US–EU deal optimism
The S&P 500 and the Nasdaq opened at record highs on Monday as a US-EU trade agreement boosted investor sentiment, kick-starting a pivotal week featuring megacap earnings, a…
IReit Global faces potential litigation
Berlin Campus tenant alleges that dilapidation costs to reinstate the property back to its original state are unjustified IReit Global is facing a potential litigation suit from its…
SIA Q1 net profit falls 58.8% to S$186 million on associates’ losses, lower interest income
Net profit for Singapore Airlines (SIA) declined 58.8 per cent to S$186 million for Q1 FY2026 ending Jun 30, from S$452 million in the corresponding quarter a year ago. This was due to…
Trump’s AI plan to boost Asia data centre projects, says Singapore-based CEO
PRESIDENT Donald Trump’s AI Action Plan unveiled this week is set to be a positive driver for data centre projects in Asia, a Singapore-based industry executive said. The…
Australia’s green bank makes record A$3.5b in clean energy investments
Australia’s green bank on Monday (Jul 28) said that it invested a record A$3.5 billion (S$2.9 billion) in clean energy projects and grid infrastructure in the last financial year…
iFast targets higher dividend payout ratio amid growth across business units
Digital bank and wealth management platform iFast is targeting a payout ratio of between 25 and 30 per cent as profitability improves across the business. “We have come to a stage where we…
BOJ may paint less gloomy view, signal rate-hike resumption
The Bank of Japan (BOJ) is set to hold off raising interest rates on Thursday (Jul 31) but may offer a less gloomy view on the outlook after Tokyo’s trade agreement with the US last week,…
Chinese AI firms form alliances to build domestic ecosystem amid US curbs
China’s artificial intelligence (AI) companies have announced two new industry alliances, aiming to develop a domestic ecosystem to reduce dependence on foreign tech as they seek to cope…
McDonald’s to sell eight Hong Kong retail spaces valued at US$153 million: JLL
The sale of the eight retail properties is offered through a public tender that ends on Sep 16 McDonald’s is planning to sell eight prime retail properties in Hong Kong with a…
HSBC launches pioneer health and wellness centre; selects Raffles Medical as operator
HSBC Singapore announced on Monday (Jul 28) the launch of its first health and wellness centre in Singapore, which is located within its newest wealth centre at The Star Vista. The health…
New Zealand to ban surcharges on in-store electronic payments
Surcharges are an amount calculated as a percentage of the purchase price and are applied to transactions to cover the fees businesses pay for accepting contactless payments and credit…
Asia: Most markets rise, euro boosted after EU strikes US trade deal
Most stock markets rose with the euro on Monday after the European Union and United States hammered out the “biggest-ever” deal to avert a potentially damaging trade war. News of the deal,…
Citi charges US$595 for ‘Strata Elite’ credit card to rival Amex, Chase
Citigroup launched a premium credit card designed to rival ones offered by JPMorgan Chase and American Express, the latest entrant in the increasingly crowded market for cards offering…
Alibaba cloud visionary expects big shakeup after OpenAI hype
OpenAI’s ChatGPT started a revolution in artificial intelligence (AI) development and investment. Yet nine-tenths of the technology and services that have sprung up since could be gone in…
Gold hits near two-week low after US, EU agree to tariff deal
Gold prices fell on Monday (Jul 28) to their lowest in nearly two weeks, as a framework trade agreement between the United States and European Union reduced appetite for safe-haven assets.…
Samsung Electronics signs US$16.5 billion contract to supply semiconductors
Samsung Electronics said on Monday it has signed a contract valued at US$16.5 billion to supply semiconductors to a major global corporation. The world’s biggest memory chipmaker…
Musk says Tesla, Samsung Electronics sign US$16.5 billion chip supply deal
Tesla CEO Elon Musk said the US automaker has signed a US$16.5 billion deal to source chips from Samsung Electronics, a move expected to bolster the South Korean tech giant’s loss-making…
Stocks to watch: OCBC, Singapore Airlines, Raffles Medical, AEM Holdings
The following companies saw new developments that may affect trading of their securities on Monday (Jul 28): OCBC: OCBC subsidiary Great Eastern Holdings posted an 11 per cent decline in…