Culture

‘New Keppel’ shows promise; M1 sale and green projects could stir more excitement
[SINGAPORE] Once the world’s largest offshore rig builder, Keppel is doubling down on efforts to transform into an asset manager – most recently with its plans to divest a...
McDonald’s global sales top estimates as affordable meal options boost demand
[CHICAGO] McDonald’s global comparable sales beat Wall Street expectations for second quarter, as affordable meal bundles and promotions drew in budget-conscious diners looking to stretch their US dollars amid...
Yangzijiang Shipbuilding posts record earnings of 4.2 billion yuan for H1
[SINGAPORE] Yangzijiang Shipbuilding posted a record-high net profit of 4.2 billion yuan (S$752.6 million) for the six months ended Jun 30, 2025, marking a 36.7 per cent surge from...
Disney tops earnings forecasts with streaming gains, raises guidance
[LOS ANGELES] Walt Disney posted better-than-expected quarterly results and raised its annual profit forecast on Wednesday (Aug 6), led by gains in streaming business, which is expected to be...
Air India taps Singapore Airlines to bolster fleet upkeep after crash: sources
[NEW DELHI] Air India plans to lean on shareholder Singapore Airlines (SIA) to move some aircraft maintenance services in-house instead of outsourcing them to a state-owned company, according to...
The evolving role of listed company directors
Singapore is on a mission to revitalise its capital markets. A high-level working group chaired by Minister for National Development Chee Hong Tat has been set up, and a...
Chinese hotel chain Atour is said to seek second listing in Hong Kong
Its American depositary receipts have more than tripled since, valuing the company at about US$4.8 billionPublished Wed, Aug 6, 2025 · 12:26 PM[HONG KONG] Hotel chain Atour Lifestyle Holdings...
UOBKH portfolio of alpha picks beats STI in July; new top choices for Singapore, Malaysia named
[SINGAPORE] The UOB Kay Hian (UOBKH) alpha picks portfolio surpassed the Straits Times Index (STI) in July even with the latter hitting record highs, said an analyst report on...
Cathay Pacific warns of declining airfares and uncertain cargo outlook, shares fall 10%
[HONG KONG] Cathay Pacific Airways on Wednesday (Aug 6) warned of declining airfares, challenges at its budget carrier and uncertain cargo market conditions, sending its shares down more than...
Asia: Investors walk fine line as Trump tariffs temper rate hopes
[HONG KONG] Asian investors trod warily on Wednesday amid lingering uncertainty over Donald Trump’s trade war, while another round of data indicated further weakness in the US economy but...
Top Singapore hedge fund Dymon Asia Capital ramps up Asia hires as regional funds find favour
[HONG KONG] US hedge fund giant Citadel and Singapore’s Dymon Asia Capital are adding talent in Asia, as they look to expand business in the region.Citadel hired Ran Wei...
Nvidia reiterates its chips have no backdoors, urges US against location verification
Published Wed, Aug 6, 2025 · 11:07 AM[BEIJING] Nvidia has published a blog post reiterating that its chips did not have backdoors or kill switches and appealed to US...