News

Former ALog Trust chief Karen Lee to lead Sabana Reit’s internal manager
[ad_1] The Reit’s trustee also names two new directors to the board of the internal manager[SINGAPORE] Karen Lee, who previously helmed Ara Logos Logistics Trust (ALog Trust), is expected to...
US: Wall Street opens higher as Powell’s speech looms large
[ad_1] Published Fri, Aug 22, 2025 · 09:43 PM[NEW YORK] Wall Street’s main indexes opened higher on Friday as investors awaited Federal Reserve Chair Jerome Powell’s Jackson Hole Symposium speech...
Creative narrows H2 loss to US$4.4 million, but US tariff threat weighs on revenue
[ad_1] [SINGAPORE] Creative Technology posted a US$4.4 million net loss for the six months ended June, narrowed from the year-ago US$6.8 million loss, as costs fell with lay-offs.The loss includes...
Chinese surgical robot maker Edge Medical said to file for Hong Kong IPO
[ad_1] The company is looking to raise about US$150 million to US$200 million as soon as this yearPublished Fri, Aug 22, 2025 · 07:02 PM[HONG KONG] Chinese surgical robot firm...
Australia orders Binance audit after flagging ‘serious concerns’
[ad_1] Austrac has given the company 28 days to nominate auditors, from which the agency will make a selectionPublished Fri, Aug 22, 2025 · 03:59 PM[SYDNEY] Australia’s financial crimes agency...
Tesla raises price of Cybertruck Cyberbeast in US by US$15,000
[ad_1] Published Fri, Aug 22, 2025 · 01:25 PMTESLA has raised the price of the Cyberbeast variant of its Cybertruck to US$114,990 from US$99,990, an increase of US$15,000, according to...
BOC Aviation net profit drops 26% to US$342 million; interim dividend at US$0.1476 per share
[ad_1] [SINGAPORE] Asian aircraft leasing giant BOC Aviation posted a 26 per cent drop in net profit for the first half of 2025, though the number was positive when excluding...
Japan’s inflation hovers well above BOJ’s goal even as it slows
[ad_1] THE pace of Japan’s consumer inflation stayed well above the Bank of Japan’s target even as price growth moderated, supporting market speculation that the central bank will hike its...
Stocks to watch: SingPost, Thomson Medical, TalkMed, LHN, Dezign Format
[ad_1] [SINGAPORE] The following companies saw new developments that may affect trading of their securities on Friday (Aug 22): Singapore Post (SingPost): The postal service provider’s operating profit for the...
UK government takes over another steelmaker as industry suffers
[ad_1] Published Fri, Aug 22, 2025 · 06:54 AMTHE UK government said on Thursday that it would take temporary ownership of the country’s third-largest steelmaker, putting its 1,450 jobs at...
Europe: Shares steady with Fed’s summit in focus; US-EU lock in trade deal
[ad_1] EUROPEAN equities were subdued on Thursday as investors awaited updates from the Federal Reserve’s Jackson Hole symposium, while the United States and European Union locked in a framework trade deal reached...
Changi Travel Services cuts 30 staff amid market shifts
[ad_1] [SINGAPORE] Changi Travel Services (CTS) is laying off 30 staff as part of an ongoing restructuring process to tackle changing market conditions, it said on Thursday (Aug 21). Affected staff...