Culture

Ireit Global DPU drops to 0.71 euro cent for H1 due to Berlin vacancy
[SINGAPORE] Ireit Global posted a 26 per cent fall year on year in distribution per unit (DPU) to 0.71 euro cent for the half-year of FY2025 ended June because...
BHG Retail Reit H1 DPU falls 12% on lower revenue, forex impact
[SINGAPORE]  BHG Retail Reit’s distribution per unit (DPU) fell by 12 per cent to S$0.0022 for its first half year ended June, from S$0.0025 the year before.Gross revenue for...
Trump urges Intel CEO Tan Lip-Bu to resign immediately, calls him ‘conflicted’
[WASHINGTON] US President Donald Trump called on the chief executive officer of Intel to resign because of what he called conflicts of interest.“The CEO of Intel is highly conflicted...
‘We are a big tanker; we are shifting’: UOB’s Wee Ee Cheong takes long-term view on trade loans
[SINGAPORE] Trade loans remain a relatively small portion of UOB’s total portfolio, but their contribution to the bank’s balance sheet is expected to become more visible over time, said...
Azalea’s Astrea 9 bonds over 3 times subscribed, draw more than S$3.4 billion in demand
[SINGAPORE] Investor demand for the latest Astrea private equity (PE) bonds has surged, with total subscriptions surpassing S$3.4 billion across all three classes – 3.4 times the total US$780...
Singapore Land posts 7% higher earnings of S$111.4 million for H1
Its revenue rises 8% to S$368.3 million on the back of higher contributions from property investments and technology operations[SINGAPORE] Property developer Singapore Land Group posted a 7 per cent...
Keppel raises S$6.3 billion in private funds for education and data centre assets
Published Thu, Aug 7, 2025 · 07:07 PM[SINGAPORE] Keppel has secured S$6.3 billion in funds under management so far this year for its private fund strategies, including education assets...
Singapore shares rise, mirroring regional gains despite tariff kick-off; STI up 0.7%
[SINGAPORE] Local stocks closed higher on Thursday (Aug 7), extending their winning streak to a fourth consecutive session, in line with broader gains across Asian markets. This came even...
China stocks close at highest level since 2021 on upbeat trade data
Investors remain focused on an Aug 12 deadline to see if Beijing and Washington will reach a durable tariff agreement.Published Thu, Aug 7, 2025 · 05:02 PM[HONG KONG] China...
Tokyo Electron sacks Taiwan employee over TSMC tech leak
[TAIPEI] Tokyo Electron said on Thursday (Aug 7) it has fired an employee at its Taiwan subsidiary over their alleged involvement in a trade secret leak at Taiwanese chipmaking...
UOB resumes guidance for FY2025 with trimmed forecasts amid Q2 earnings miss
[SINGAPORE] UOB has resumed guidance on its full-year 2025 targets after briefly pausing them in the first quarter, but the projections are now broadly lower.The bank now expects net...
Asia: Markets rise as Trump chip exemptions boost tech giants
[HONG KONG] Asian equities rose on Thursday, with big-name chip firms making big gains after Donald Trump said those investing in the United States would be exempted from a...