Business
Del Monte Pacific expects capital deficit from write-offs of US unit’s bankruptcy
Its equity investment in Del Monte Foods and receivables due from the unit are expected to be subject to impairment Del Monte Pacific…
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Business
Business
JNIM in Mali: How an al-Qaeda offshoot became one of Africa's deadliest militant groups
Priya Sippy & Jacob Boswall BBC News & BBC Monitoring Al-Qaeda affiliate Jama'at Nusrat al-Islam wal-Muslimin (JNIM) is the main group…
Business
Xiaomi founder’s bold EV bet is paying off where Apple’s failed
Lei Jun, founder and chairman of Xiaomi, the only tech company to have successfully diversified into carmaking, could not resist. Speaking…
Business
Stocks to watch: Del Monte, Nanofilm, LHN, mm2 Asia
The following companies saw new developments that may affect trading of their securities on Monday (Jul 7): Del Monte Pacific (DMP): The…
Business
TikTok building new version of app ahead of expected US sale: report
TikTok is building a new version of its app for users in the United States ahead of a planned sale of the app to a group of investors, The…
Business
Nissan considers Foxconn EV output to save Oppama from closure: report
Nissan Motor is in discussions with Taiwan’s Foxconn over electric vehicle (EV) collaboration that could save its Oppama plant in Japan…
Business
Oil slips 1% after Opec+ accelerates output hikes
Oil prices slipped 1 per cent at the start of trading on Monday after Opec+ accelerated output hikes and raised concerns about oversupply.…
Business
Oil tumbles as Opec+ hikes August output more than expected
Oil prices slipped more than 1 per cent on Monday after Opec+ surprised markets by hiking output more than expected in August, raising…
Business
Reit-owned malls more likely to forgo higher rents for right tenant mix
For Singapore-listed real estate investment trusts (S-Reits), rent increases are tempered by longer lease terms, a need to curate tenant…
Business
AIA Singapore steps up wealth management ambitions even as it leverages ageing trend
By 2026, an estimated 21 per cent of Singapore’s population will be aged 65 and above, making it a “super-aged” society. This is a rise…
Business
Broadening bullishness may support interest in new listings, including those headed to Catalist
The Singapore market seemed unstoppable last week. The Straits Times Index (STI) pushed past 4,000 on Wednesday (Jul 2), and closed above…
Business
S&P 500 expected to rally further
The S&P 500 staged a remarkable comeback in the second quarter of 2025, recording a new all-time high on Jun 27, after rebounding over 28…
Business
Reserve Bank of Australia poised for back-to-back rate cuts as tariffs darken outlook
Australia’s central bank is set to deliver its first back-to-back interest rates cuts in six years, stepping up its easing cycle as…
Business
ING looks to expand non-interest income pillars in Singapore to buffer rate risks
Dutch lender ING is accelerating efforts to build up its fee-based revenue amid the prospect of lower interest rates. In Singapore, that…
Business
England vs India: Familiar issues are halting the progress of Ben Stokes' side
That leads nicely to England's pace bowlers. Having opted to pick an unchanged side for Edgbaston, Chris Woakes, Brydon Carse and Josh…
Business
OpenAI Announces One-Week Mandatory Break Amid Meta Hiring Spree
The AI powerhouse OpenAI has announced a week-long mandatory break this month, citing employee burnout as the reason behind the decision.…
Business
England vs India: Akash Deep bowls tourists to famous win
The day eventually began at 12:40 after rain. Within half an hour, Pope and Brook were back in the shed having been dismissed by Deep. He…
Business
Archaeologists discover 3,500-year-old city in Peru
Archaeologists have announced the discovery of an ancient city in Peru's northern Barranca province. The 3,500-year-old city, named…
Business
Great Eastern says Takeover Code not breached when it shared IFA valuation with OCBC
Great Eastern Holdings said that sharing the indicative range of share values determined by its independent financial adviser (IFA) with…
Business
Foxconn reports record Q2 revenue, cautions about geopolitical and exchange rate risks
Taiwan’s Foxconn, the world’s largest contract electronics maker, reported record second-quarter revenue on strong demand for artificial…
Business
Gold, pesos and lasers: What’s on Fidelity’s investment radar
A weakening US dollar and volatile equity markets were among the hotly discussed themes at Fidelity International’s Asia-Pacific Media…
Business
Real estate investors throw in the towel on hopes for lower 2025 mortgage rates
Want more housing market stories from Lance Lambert’s ResiClub in your inbox? Subscribe to the ResiClubnewsletter. Real estate investors…
Business
The Bear Offers Apologies—and an Uncertain Path Forward
But there are diminishing returns elsewhere. The big Berzatto episode doesn’t earn its run time—an hour and nine minutes!—and it fails to…
Business
Nanofilm to acquire remaining 35% stake in Sydrogen from Temasek for S$15 million
Nanofilm Technologies is acquiring the remaining stake of its majority-owned Sydrogen, a hydrogen technology solution provider, from…