News

UOL prices S$225 million notes due 2032 at 2.78%
[ad_1] This comes after the property developer previously priced S$75 million notes at the same rate on Jul 9[SINGAPORE] UOL’s unit UOL Treasury Services (UTS), a special purpose entity, has...
SIA, Scoot passenger traffic up 4.5% in June on strong travel demand
[ad_1] [SINGAPORE] Singapore Airlines (SIA) and its low-cost arm Scoot reported a 4.5 per cent year-on-year increase in passenger traffic in June, the group’s operating results showed on Tuesday (Jul...
Nissan to halt production at Japanese plant at Oppama
[ad_1] [TOKYO] Struggling auto giant Nissan said on Tuesday (Jul 15) it will stop production at its plant at Oppama in Japan at the end of its 2027 fiscal year.Nissan...
Beyond missing pets and packages: How Nextdoor plans to reshape its social network
[ad_1] Nextdoor, the once-hot social network for neighborhoods, wants to claw its way back to the top and prove that people can use the platform for more than just finding...
Volvo takes US$1.2 billion charge over tariffs and EV model delays
[ad_1] Volvo is also struggling to attract EV buyers in the highly competitive Chinese marketPublished Tue, Jul 15, 2025 · 04:46 PM[STOCKHOLM] Volvo Car is taking a one-time non-cash impairment...
Ericsson’s Q2 profit beats expectations, says North America growth was good
[ad_1] Operating profit excluding restructuring charges was 7.0 billion crowns against a year-earlier loss of 11.9 billionPublished Tue, Jul 15, 2025 · 03:06 PM[STOCKHOLM] Swedish telecom equipment maker Ericsson reported...
Japan’s 30-year bond yield hits record high ahead of key election
[ad_1] [TOKYO] Japan’s 30-year government bond fell on Tuesday (Jul 15), with the yield hitting a record high, on concerns about the nation’s fiscal health ahead of a closely monitored...
Chinese firms rush to buy Nvidia H20 AI chips as sales set to resume
[ad_1] [BEIJING/HONG KONG] Chinese firms are scrambling to buy Nvidia’s H20 artificial intelligence chips, two sources told Reuters, as the company said it planned to resume sales to the mainland...
Indonesia looking at levy on coal exports to boost state coffers
[ad_1] Prabowo Subianto’s administration has been rolling out an array of revenue-boosting measures to fund the president’s big-ticket spending plansPublished Tue, Jul 15, 2025 · 12:03 PM[JAKARTA] Indonesia, the world’s...
Thailand to name Vitai Ratanakorn as central bank chief, reports say
[ad_1] [BANGKOK] Thailand is poised to name veteran banker Vitai Ratanakorn as the next governor of the central bank, local media reported ahead of a Cabinet meeting likely to endorse...
FCT extends Northpoint City South Wing management by a year
[ad_1] The automatic renewal follows the March acquisition of the mall’s South Wing.Published Tue, Jul 15, 2025 · 10:28 AM[SINGAPORE] The manager of Frasers Centrepoint Trust announced on Monday (Jul...
China Medical System surges 6% at the open with its secondary listing on SGX
[ad_1] [SINGAPORE] Shares of China Medical System (CMS) jumped 6 per cent at market open with its secondary listing made on the mainboard of the Singapore Exchange (SGX) on Tuesday...