Culture

ANZ flags A$1.1 billion second-half profit hit from restructuring, compliance costs
October 31, 2025
Australia’s ANZ warned on Friday that its earnings would take a hit of A$1.11 billion (S$937.5 million) after tax in the second half of fiscal 2025 due to charges...
Stocks to watch: Wilmar International, Yangzijiang Financial, Sheng Siong, CapitaLand India Trust
October 31, 2025
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Friday (Oct 31):  Wilmar International : It posted a US$347.7 million loss for the...
CapitaLand India Trust Q3 total property income up 18% at 5.1 billion rupees
October 31, 2025
This is due to higher rental income from existing properties and income contributions from acquisitions and completed developments, says manager[SINGAPORE] CapitaLand India Trust (Clint) posted a total property income...
Meta sells US$30 billion of bonds as AI frenzy fuels record orders
October 31, 2025
Technology firms are capitalising on falling borrowing costs as the Fed cuts interest rates and investors race to lock in still-elevated yields[NEW YORK] Meta Platforms sold US$30 billion of...
EVs put an end to China’s usual holiday surge in petrol use
October 31, 2025
[BEIJING] Tianyu Jiang took a 2,000-km road trip this month during China’s national holiday week, driving in his electric vehicle from the southwestern Sichuan basin to Beijing for the...
Toyota steps up India expansion with new SUVs, rural push as profit surges
October 30, 2025
[TOKYO] Toyota plans to launch 15 new and refreshed models in India by the end of the decade while deepening its rural network, sources said, as record profits in...
Apple CEO forecasts holiday quarter iPhone sales that top Wall Street estimates
October 30, 2025
The company’s reliance on hardware sales has also left it with greater exposure to US President Donald Trump’s trade war with China. [WASHINGTON] Apple chief executive Tim Cook on...
Oil prices steady as investors assess US-China trade truce
October 30, 2025
[NEW YORK] Oil prices held steady on Thursday as investors assessed a potential trade truce between the United States and China after US President Donald Trump lowered tariffs on China following...
Lendlease Global Reit improves its committed portfolio occupancy to 95% for Q1 FY 2026
October 30, 2025
The Reit manager credits the rise from 92.1% in the preceding quarter to ‘active leasing efforts’ for a property in Milan [SINGAPORE] Lendlease Global Commercial Reit on Thursday (Oct...
Chinese airlines return to profit on summer surge, but challenges persist
October 30, 2025
[BEIJING] China’s three biggest airlines posted their first collective quarterly profit in a year in the third quarter on the back of the peak summer season, but the recovery...
US: Wall Street opens lower after mixed tech earnings, Fed comments
October 30, 2025
[NEW YORK] Wall Street’s main stock indexes opened lower on Thursday (Oct 30) after mixed earnings reports from large technology firms and comments from federal reserve chair Jerome Powell...
Volkswagen skids into the red on US tariff hit, Porsche woes
October 30, 2025
Volkswagen’s operating loss in Q3 was down from a 2.8-billion-euro operating profit for the group a year earlier [BERLIN] An expensive course correction at subsidiary Porsche dealt Volkswagen a...