Business
US: Dow hits record high at open on rate-cut optimism, UnitedHealth boost
The blue-chip Dow opened at a record high on Friday (Aug 15), as UnitedHealth’s shares jumped after Berkshire Hathaway raised its stake in…
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Beware the Return of Inflation | National Review
The surge in the producer price index is not due to tariffs — which should worry the administration. Source link
Business
SIA Group’s passenger traffic up 6.2% in July
Passenger traffic for the two carriers under Singapore Airlines (SIA) Group was 6.2 per cent higher in July 2025, compared with a year…
Business
The 10 Percent Is in a Fit of Rage Over Airport Lounges
Our topic today, however, is the rage of what Barbara and John Ehrenreich once labeled the professional-managerial class. This cohort,…
Business
CNMC Goldmine surges over 10% on record H1 earnings
Soaring gold prices and higher production spur the gold producer’s 256.1% rise in net profit for the first half of 2025 Shares of CNMC…
Business
Investors chase CNMC Goldmine to new high on record profit, trebled dividend
Shares of CNMC Goldmine soared more than 10 per cent on Friday (Aug 15) afternoonafter the gold producer posted record first-half earnings…
Business
Japan's Nikkei ends at record high as yen weakens, economy shows resilience
Japan’s Nikkei closed at an all-time high on Friday (Aug 15), as the yen weakened and data showed the nation’s economy was surprisingly…
Business
Chinese steel and coal output drop as supply pressures mount
Chinese steel and coal output fell in July, as bad weather affected operations and the government’s efforts to rein in overcapacity…
Business
ST Engineering price targets raised by analysts after strong H1 net profit
The price target for ST Engineering was raised by multiple analysts on Friday (Aug 15) after it reported a strong financial performance in…
Business
Shein’s UK sales surge to £2.1 billion in 2024, boosting profits as IPO looms
Shein’s British business made £2.1 billion (S$3.7 billion) in sales in 2024, a 32.3 per cent increase from the previous year, a filing by…
Business
Mega-IPO’s 70% fall towards delisting is costly blow for Malaysia
When Facebook went public in 2012, the world’s next-largest listing that year was a company from Malaysia best known for producing cooking…
Business
CapBridge partners Singlife to distribute insurance to SMEs and investors
Digital investment solutions provider CapBridge on Friday (Aug 15) announced a partnership with Singlife to provide insurance solutions to…
Business
Gold poised for weekly fall as bets fade for big Fed rate cut
Gold was subdued on Friday (Aug 15) and was heading for a weekly fall, as hotter-than-expected US inflation data dented expectations for a…
Business
Dezign Format surges over 7% upon SGX Catalist trading debut
The company focuses on experiential design in the meetings, incentives, conferences and exhibitions sector Spatial design specialist…
Business
Dezign Format surges over 40% at SGX Catalist trading debut
Spatial design specialist Dezign Format’s share price rose by more than 40 per cent on Friday (Aug 15) morning at its trading debut on the…
Business
Philippine central bank orders e-wallets, payment apps to remove online gambling links
Senators are tackling proposals to either restrict or ban online gambling amid worries over debt and addiction The Philippine central bank…
Business
Hedge funds shift bets to double down on Big Tech amid AI boom
Wall Street’s largest hedge funds, Bridgewater Associates, Tiger Global Management and Discovery Capital, increased their exposure to Big…
Business
Wee Hur H1 profit falls 42% to S$38.7 million
Property company Wee Hur on Thursday (Aug 14) posted a 42 per cent decline in net profit to S$38.7 million for the six months ended Jun…
Business
Stocks to watch: Thai Beverage, Golden Agri-Resources, Ho Bee Land, OUE, Straits Trading
The following companies saw new developments that may affect trading of their securities on Friday (Aug 15): Thai Beverage: The beverage…
Business
Buffett buys US$1.6 billion UnitedHealth stake, sells T-Mobile
Warren Buffett’s Berkshire Hathaway bought shares of UnitedHealth Group in the second quarter, sending the health insurer’s stock soaring…
Business
Nubank sees more credit growth as quality gauges hold up
Nu Holdings, Latin America’s biggest digital bank, reported a decline in credit quality that was roughly in line with analysts’…
Business
Cordlife H1 loss narrows to S$4.6 million
Cordlife on Friday (Aug 15) posted a net loss of S$4.6 million for its first half ended Jun 30, 2025, trimming its losses from S$12.4…
Business
Cordlife H1 loss narrows to S$4.6 million from S$12.4 million
Cordlife on Friday (Aug 15) posted a net loss of S$4.6 million for its first half ended Jun 30, 2025, trimming its losses from S$12.4…
Business
Cordlife H1 loss narrows to S$4.6 million from S$12.4 million; client claims now total S$8.7 million
Cord-blood bank on Thursday (Aug 14) posted a net loss of S$4.6 million for its first half ended Jun 30, trimming its losses from S$12.4…