News

BYD’s Pakistan JV sees government support as critical for EVs
July 22, 2025
[ad_1] The company is looking to the country to help it continue to grow even as its monthly sales have stagnated recently in China Published Wed, Jul 23, 2025 ·...
MAS’ S$5 billion investment fund set to lift undervalued, small-cap stocks: analysts
July 22, 2025
[ad_1] [SINGAPORE] Market reaction to the appointment of the first three asset managers to tap Singapore’s S$5 billion Equity Market Development Programme (EQDP) on Monday (Jul 21) has been largely...
Oil prices fall as key trade talks falter ahead of tariff deadline
July 22, 2025
[ad_1] [NEW YORK] Oil prices fell on Tuesday for a third consecutive session, as hopes faded for a trade deal between the US and Europe, feeding fears of an economic slowdown in...
US: Nasdaq ends six-day streak of records
July 22, 2025
[ad_1] Published Wed, Jul 23, 2025 · 06:13 AM[NEW YORK] The Nasdaq retreated from a record Tuesday on a mixed day for stocks as markets looked ahead to upcoming earnings reports from...
Commentary: 3 things that should scare us about Trump’s fake video of Obama
July 22, 2025
[ad_1] On Sunday, our thoughtful and reserved president reposted on his Truth Social site a video generated by artificial intelligence that falsely showed former President Obama being arrested and imprisoned....
SingPost divests freight forwarding business Famous Holdings for S$177.9 million
July 22, 2025
[ad_1] Sale results in estimated realised gain on disposal of S$10.5 million and about S$104 million in cash[SINGAPORE] Singapore Post (SingPost) has divested its entire freight forwarding business, Famous Holdings,...
DFI Retail Group posts 38.9% rise in H1 underlying profit
July 22, 2025
[ad_1] [SINGAPORE] Supermarket and retail store operator DFI Retail Group’s underlying profit rose 38.9 per cent to US$105 million for the first half ended Jun 30, from US$75.6 million in...
SPH Media lays off 11 workers with decommissioning of old printing presses
July 22, 2025
[ad_1] [SINGAPORE] SPH Media will lay off 11 production workers, following the decommissioning of two of the company’s 30-year-old printing presses which have reached the end of their operational lifespan. SPH...
SIA Engineering Q1 net profit rises 29.2% to S$42.9 million on strong MRO demand
July 22, 2025
[ad_1] [SINGAPORE] 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...
STI ends Tuesday flat as regional indices close mixed
July 22, 2025
[ad_1] [SINGAPORE] The Straits Times Index (STI) closed flat on Tuesday (Jul 22), as regional indices showed mixed performances. The STI closed up 0.03 per cent or 1.13 points to...
Aoxin Q&M Dental CEO resigns as whistle-blower report lodged
July 22, 2025
[ad_1] The company cites ‘differences in views and opinions’ with parent Q&M Dental regarding the direction of the dental business as the reason for Dr Shao Yongxin leaving[SINGAPORE] Catalist-listed Aoxin...
Julius Baer’s first-half profit falls 35% on loan provisions, Brazil unit sale
July 22, 2025
[ad_1] Published Tue, Jul 22, 2025 · 03:03 PM[BERN] Swiss bank Julius Baer posted a first-half profit of 295 million francs (S$473.5 million) on Tuesday (Jul 22), down 35 per...