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Singapore Technologies Engineering (ST Engineering) on Thursday (Aug 14) posted a 19.7 per cent increase in net profit to S$402.8 million for the first half-year ended June, up from…
DBS Group, South-east Asia’s largest lender by assets, is seeing growing interest from Chinese exporters to settle trades in renminbi (RMB), or yuan, particularly with counterparts in…
On Monday, Representative Doug LaMalfa of California became the latest Republican to face furious constituents, at an in-person town hall in Chico. Many Republicans haven’t held such…
China’s car sales growth slowed in July partly due to weaker demand for hybrids, as regulators in the world’s biggest auto market crack down on a price war that has bruised the industry.…
EXPEDIA raised its annual forecast for gross bookings and revenue growth on Thursday, amid a recovery of demand in the United States, sending the online travel company’s shares up more…
Investor demand for the latest Astrea private equity (PE) bonds has surged, with total subscriptions surpassing S$3.4 billion across all three classes – 3.4 times the total US$780 million…
Like most manufacturers, the German manufacturer is also contending with higher tariffs Siemens’s revenue and orders rose in its fiscal third quarter after robust demand for the…
The company’s image sensors business faces weak handset demand as well as seismic shifts in the supply chain Sony Group raised its earnings forecast on Thursday (Aug 7) after a…
McDonald’s global comparable sales beat Wall Street expectations for second quarter, as affordable meal bundles and promotions drew in budget-conscious diners looking to stretch their US…
H downgrading US chipmaker Intel’s credit rating by one notch on Monday, according to a note by the ratings agency, which assigned a negative outlook to Intel’s rating. Fitch…
The US Federal Reserve’s decision to defy President Donald Trump’s demands by keeping interest rates unchanged for the fifth straight time was broadly in line with market expectations. But…
The US Federal Reserve’s decision to defy President Donald Trump’s demands by keeping interest rates unchanged for the fifth straight time was broadly in line with market expectations. But…
Investment appetite for gold remains strong in Singapore, with 2.2 tonnes of gold bars and coins purchased in the second quarter of 2025, according to World Gold Council’s report released…
As the Western U.S. faces more damaging droughts, local governments—as well as an increasing number of homeowners—have been successfully promoting landscaping practices that eschew the…
Drugmaker Merck on Tuesday (Jul 29) announced job and cost cuts it said will save US$3 billion a year as it posted lower second-quarter results due to continuing weak demand for its…
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…
Interest rate cuts, growing affluence and low unemployment rates spell good news for Singapore’s private residential market, but a cocktail of challenges could test the otherwise resilient…
The sale comes after Japanese Prime Minister Shigeru Ishiba’s ruling coalition failed to win a majority in the upper house at a vote on Sunday Japan’s 40-year government bond…
Aztech Global’s net profit plunged 65.5 per cent to S$16.1 million, from S$46.7 million, for the first half ended Jun 30, 2025. Similarly, revenue declined by 50.3 per cent to S$185.4…
Aircraft maintenance provider SIA Engineering Company (SIAEC) on Tuesday (Jul 22) reported a net profit of S$42.9 million for the first quarter ended Jun 30, up 29.2 per cent from S$33.2…
The life insurance market in Singapore has long been dominated by tied representatives from insurers and bank-affiliated advisers. But in recent years, independent financial advisers…
Maybank Securities analyst Krishna Guha on Thursday (Jul 17) initiated a “buy” rating on Keppel DC Reit, with a target price of S$2.40, considering that it would benefit from demand…
Taiwan Semiconductor Manufacturing Co (TSMC), the world’s main producer of advanced artificial intelligence (AI) chips, posted record, forecast-beating quarterly profit on Thursday (Jul…
French prosecutors have demanded Italian car maker Fiat face trial on fraud charges over the emissions-tampering scandal that struck German giant Volkswagen, a source told AFP on…
