Business
Oil rises as US-EU deal lifts trade optimism
Oil prices rose on Monday after the US reached a trade deal with the European Union and may extend a tariff pause with China, reducing…
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rises
Business
Raffles Medical H1 profit rises 4.8% to S$32.1 million
Raffles Medical Group on Monday (Jul 28) posted a net profit of S$32.1 million for its first half ended Jun 30, up 4.8 per cent from…
Culture
Thai baht rises to highest since 2022 on trade optimism, inflows
Thailand’s baht rose to the highest in more than three years on growing optimism over trade negotiations, the return of foreign stock…
Business
Marina Bay Sands H1 revenue rises 17% to US$2.6 billion as travel spend in Asia expands
Adjusted property Ebitda rose 23.8% to US$1.4 billion, up from US$1.1 billion in the first half of 2024 Net revenue for Marina Bay Sands…
Business
Nvidia supplier SK Hynix Q2 profit rises 69%, meets forecasts
South Korea’s SK Hynix posted on Thursday a record quarterly profit, driven by strong demand for advanced chips used in generative…
Business
Sabana Reit’s H1 DPU rises 26.9% to S$0.017 on higher overall occupancy, sustained positive rental reversions
Sabana Industrial Real Estate Investment Trust (Reit) posted a distribution per unit (DPU) of S$0.017 for the first half of its fiscal…
Business
SIA Engineering Q1 net profit rises 29.2% to S$42.9 million on strong MRO demand
Aircraft maintenance provider SIA Engineering Company (SIAEC) on Tuesday (Jul 22) reported a net profit of S$42.9 million for the first…
News
Trump’s Rage Erupts as Inflation Rises and His Pollster Openly Panics
On Tuesday, we learned that inflation rose last month. The New York Times said inflation “accelerated,” ABC News noted it “surged,” and…
Business
NTT DC Reit rises 3% above IPO price in debut as SGX’s largest Reit listing in 10 years
Units of NTT DC real estate investment trust (Reit) marginally rose on its debut on Monday (Jul 14), as the largest Reit initial public…
Business
Rachel Reeves autumn Budget will see significant tax rises
Two very different reports have reignited UK economic gloom over the past four days. Friday's economic figures showed a further monthly…
Business
Oil rises over 2% as investors weigh market outlook, tariffs, sanctions
Oil prices rose over 2 per cent on Friday (Jul 11) as the International Energy Agency (IEA) said the market was tighter than it appears,…
News
National Trust blames tax rises as it cuts 550 jobs
The National Trust has announced plans to cut 6% of its current workforce, about 550 jobs, partly blaming an inflated pay bill and tax…
Business
Sats CEO Kerry Mok’s pay rises 30.5% to S$3.1 million
Kerry Mok, chief executive officer of inflight caterer and ground-handling company Sats, earned over S$3.1 million in total remuneration…
News
Gold rises after Trump announces fresh tariffs on Canada, tariff threats to others
Gold rose on Friday (Jul 11) after US President Donald Trump announced new tariffs on Canadian imports and issued broader tariff threats…
News
Gold rises as fresh Trump tariff threats dampen trade talk hopes
Gold edged higher on Wednesday (Jul 9) as US President Donald Trump’s latest tariff threats dampened hopes for trade talks, but a stronger…
Business
Stoneweg Europe Stapled Trust’s portfolio value rises 1.1% in H1 2025
Stoneweg Europe Stapled Trust’s (Sert) portfolio valuations increased by 1.1 per cent or 24.9 million euros (S$37.3 million) for the first…
Business
China shuns costly LNG imports even as summer power demand rises
Sweltering temperatures are pushing up appetite for electricity in China, just not yet enough to revive the country’s spot purchases of…
Business
Del Monte Philippines’ FY2025 Ebitda rises 40%, as exports growth drives sales
Del Monte Philippines said earnings for the year ended May 2025 rose, powered by higher domestic and international sales. The subsidiary…
Business
Richard Li’s FWD rises in HK debut, reversing earlier decline
The insurer plans to use the proceeds to reduce debt, support growth and enhance its digital capabilities — Billionaire Richard Li’s FWD…
Business
US: Wall Street opens slightly lower after weak jobs data; Tesla rises
STOCKS opened lower on Wednesday (Jul 2) as surprisingly weak US private jobs data raised concerns about the labour market, while Tesla…
Business
Yangzijiang Financial rises over 6% after update on maritime subsidiary incorporation
Shares of Yangzijiang (YZJ) Financial rose by over 6 per cent on Wednesday (Jul 2) morning, following an update by the group on its…
Business
Gold rises on weaker US dollar as markets await Fed rate-cut clues
Gold prices rose on Tuesday (Jul 1), supported by a weaker US dollar, as investors awaited labour market data due later this week to…
Business
Gold rises as investors seek safe havens amid Middle East conflict fears
Gold prices inched higher on Monday (Jun 23) as investors turned to safe-haven assets amid growing fears of a broader Middle East…
Fashion
Gold rises on Middle East tensions, but Fed’s cautious outlook caps gains
Gold prices edged higher on Thursday (Jun 19), supported by safe-haven demand amid uncertainty in the Middle East, although gains were…