Business
Not spending is trending
In 2025, if you’re still relying on spreadsheets and sheer willpower to manage your budget—what are you doing? Tightening the purse…
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Business
Business
Singapore, Asia equities with high yields, growth potential focus of JPMAM’s MAS EQDP fund strategy
JP Morgan Asset Management (JPMAM) intends to focus on small- and mid-cap (SMID) Singapore stocks, as well as high-yielding markets in the…
Business
SocGen lifts targets after French retail rebounds sharply
Societe Generale (SocGen), France’s third-largest listed bank, raised its annual profit target on Thursday (Jul 31) after a strong rebound…
Business
Lufthansa reports higher-than-expected Q2 earnings
Lufthansa on Thursday reported better second-quarter results than expected, boosted by low oil prices and currency effects, and confirmed…
Business
StanChart sets US$1.3 billion buyback as H1 profit outstrips forecasts
Standard Chartered reported on Thursday (Jul 31) a higher-than-expected 26 per cent jump in first-half pre-tax profit, as a strong…
Business
Family office for Hong Kong’s richest builds out hedge fund team
A money manager for some of Hong Kong’s richest families is building a hedge fund team to allocate money away from private equity after…
Business
‘The overall vibe was total chaos’: Tesla Diner goes viral for long waits and mixed reviews
In case you’ve been living under a rock and haven’t heard, the Tesla Diner opened its doors in Hollywood last week, and online reviews…
Business
Bank of Japan offers cautiously upbeat view, keeps rates steady
The Bank of Japan kept interest rates steady on Thursday and offered a cautiously optimistic view on the economic outlook, after Tokyo’s…
Business
Bank of Japan turns less gloomy on economy, keeps rate-hike chance alive
The Bank of Japan (BOJ) revised up its inflation forecasts on Thursday (Jul 31) and offered a less gloomy outlook on the economy than…
Business
Newspaper headlines: 'Prince of Sadness' and 'Air we go again'
The final public farewell for Ozzy Osbourne and air traffic chaos across the UK dominate Thursday's papers. Source link
Business
Asia: Most markets down as Fed holds and Trump announces fresh tariffs
Asian markets mostly fell on Thursday while the dollar held most of its gains as traders weighed a cautious Federal Reserve with strong…
Business
Richest Thai sees US$10 billion hydro, LNG projects driving growth
Construction on a US$1 billion LNG import terminal project, Thailand’s third, will start later this year before commercial operations are…
Business
OpenAI hits US$12 billion in annualised revenue, The Information reports
GPT-MAKER OpenAI roughly doubled its revenue in the first seven months of the year, reaching US$12 billion in annualised revenue, The…
Business
Airlines demand answers after Air Traffic Control failure
Airlines have demanded answers from the air traffic control (ATC) provider NATS after a system outage grounded flights across the UK.…
Business
Macquarie ‘Millionaires Factory’ put at risk by investor revolt
[SINGAPORE/MELBOURNE] Macquarie Group’s long vaunted money-making machine for top bankers is showing signs of strain. Known as the…
Business
Seatrium shares tumble 5.4% after fines, despite strong H1 results
The company will pay S$240 million in financial penalties to settle corruption offences Shares of Seatrium dived 5.4 per cent shortly…
Business
Keppel shares hit 6-year high on H1 earnings growth, share buyback and asset divestment plans
Shares of Keppel rose on Thursday (Jul 31) morning after the asset manager posted a 24.2 per cent rise in H1 earnings, a S$500 million…
Business
‘Yellowstone’ Producer David Glasser Is Sued Over $1 Million Loan, Then Pays It Off
David Glasser, a veteran producer once known as the “third Weinstein brother,” has had a vibrant post-Weinstein career, with his 101…
Business
Gold rebounds from one-month low on renewed trade uncertainty
Gold prices rebounded on Thursday (Jul 31) from a one-month low hit in the previous session, as trade uncertainty stemming from fresh US…
Business
Australia’s central bank welcomes Q2 inflation data, deputy governor says
Australia’s second-quarter inflation data was very welcomed and came in as just the central bank expected, a top official said on…
Business
Grab reports Q2 2025 earnings of US$35 million on higher revenue and margins
Superapp Grab reported Q2 2025 earnings of US$35 million, reversing from a loss of US$53 million in the same year-ago period. This was…
Business
Keppel H1 profit rises 24.2% to S$377.7 million; seeks to monetise S$14.4 billion non-core assets
Asset manager Keppel saw net profit rise 24.2 per cent on the year to S$377.7 million for the first half ended Jun 30, driven by growth in…
Business
Keppel posts 24.2% rise in H1 profit to S$377.7 million, seeks to monetise S$14.4 billion non-core assets
Asset manager Keppel saw net profit rise 24.2 per cent on the year to S$377.7 million for the first half ended Jun 30, driven by growth in…
Business
Aims Apac Reit posts 0.4% higher Q1 DPU of S$0.0228 amid stable operational performance
Aims Apac Reit reported on Thursday (Jul 31) a 0.4 per cent increase in distribution per unit (DPU) of S$0.0228 for Q1 FY2026, from…