News

eBay gains after projecting strong sales on resilient consumers
[ad_1] [SEATTLE] eBay shares jumped about 10 per cent after the company projected sales that topped analysts’ estimates, suggesting optimism for continued consumer resilience at a time of shifting US...
Local startup MetaOptics Technologies lodges preliminary prospectus for Catalist IPO
[ad_1] [SINGAPORE] MetaOptics Technologies, a Singapore-headquartered semiconductor optics startup, on Wednesday (Jul 30) lodged its preliminary prospectus for a listing on the Singapore Exchange’s Catalist board.It could become the third...
PropertyGuru says business has logged double-digit per cent growth in a year
[ad_1] [SINGAPORE] Lewis Ng, who took over as chief executive at PropertyGuru in March, has had a busy four months. But he is back on familiar ground, having first spent...
Sheng Siong H1 net profit rises 3.5% to S$72.3 million on improved sales mix
[ad_1] [SINGAPORE] Supermarket operator Sheng Siong reported a 3.5 per cent increase in H1 2025 net profit to S$72.3 million, from S$69.9 million in H1 2024 on Wednesday (Jul 30).Revenue...
SingPost board should speed up resetting directions
[ad_1] [SINGAPORE] Shareholders of postal service provider Singapore Post (SingPost) could understandably be frustrated and disappointed that the annual general meeting (AGM) held last week did not deliver the answers...
Thailand adjusts EV policy to ease production requirements, target exports
[ad_1] Published Wed, Jul 30, 2025 · 04:27 PM[BANGKOK] Thailand adjusted an electric vehicle incentive policy on Wednesday (Jul 30) to give carmakers more flexibility to meet production requirements and...
US ETF outperforming S&P 500 becomes substantial shareholder in Rex, has stakes in 30 Singapore stocks
[ad_1] [SINGAPORE] A US-based exchange-traded fund (ETF) has recently become a substantial shareholder of Rex International after raising its stake in the oil exploration and production company. Avantis International Small...
Temasek sees 10 times gain with 5.5 billion euro stake sale in Indian JV with Schneider
[ad_1] [SINGAPORE] Temasek Holdings has sold its minority stake in an Indian joint venture (JV) to its partner Schneider Electric for 5.5 billion euros (S$8.2 billion) in cash – over...
Toyota sees record global sales despite Trump’s tariff turmoil
[ad_1] Published Wed, Jul 30, 2025 · 01:23 PM[TOKYO] Toyota Motor saw record global sales during the first half of 2025 as strong demand for hybrid vehicles in core markets...
Samsung’s big Tesla order fuels recovery bets despite chip woes
[ad_1] [HONG KONG] Samsung Electronics’ surprise US$16.5 billion chipmaking deal with Tesla has breathed new life into a foundry business all but written off by many investors.Its stock has risen...
Asia: Markets mixed as China-US talks end, eyes on tech earnings
[ad_1] [HONG KONG] Asian markets were mixed on Wednesday as investors kept tabs on China-US developments after they agreed to further talks to extend their trade truce, while eyes were...
Palmer Luckey’s Anduril leads second quarter surge for venture capital in greater L.A.
[ad_1] Venture capital investments in the Greater Los Angeles region more than doubled to $5.8 billion in the second quarter, compared to a year ago, as investors poured money into...