Business
Saudis raise crude prices to Asia after Opec+ adds barrels
Saudi Arabia raised crude prices for a second consecutive month, signalling confidence in demand for its barrels as Organization of the…
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Business
Business
UOB Q2 profit falls 6% to S$1.34 billion
A second tranche of the lender’s 50 cents special dividend will also be paid out UOB’s net profit for the second quarter fell as net…
Business
UOB Q2 profit falls 6% to S$1.34 billion; misses expectations
Declares interim dividend of S$0.85 per share; a second tranche of the lender’s S$0.50 per share special dividend will also be paid out…
Business
How Europe is vying for rare earth independence from China
Solvay's rare earths processing facility in western France is one of only two in Europe For almost 80 years rare earth metals have been…
Business
DBS Q2 profit rises 1% to S$2.82 billion
DBS’ net profit for the three months ended Jun 30, 2025 rose 1 per cent to S$2.82 billion, compared with S$2.79 billion from the year-ago…
Business
Apple to invest additional US$100 billion in US
Apple will invest an additional US$100 billion in the United States, taking its total pledge to US$600 billion over the next four years,…
Business
Citigroup reshuffles rates business with a heightened focus on Japan
Citigroup is reorganising its regional rates businesses in a move that includes a sharper focus on the non-linear market in Japan. Thomas…
Business
US: Stocks rise as Apple surges
Wall Street stocks rose on Wednesday with Apple and most other large tech companies rallying as markets largely shrugged off US President…
Business
Michael Kors Returns to ‘Project Runway’ as a Guest Judge, Plus Talking About the Steep Decline in Luxury Sales and Marc Jacobs Up for Sale for $1 Billion
In the latest “Savage Fashion” podcast episode, WWD’s chief content officer Jim Fallon and fashion director Alex Badia sat down with…
Business
André Aciman on Reading—and Misreading—Emotions
Each of the novellas that make up André Aciman’s new book, “Room on the Sea,” picks apart the intricacies of how people comprehend the…
Business
EuroSports Global explains reasons for keeping Melvin Goh as executive chairman and CEO
EuroSports Global said the board’snominatingcommittee has independently assessed, including considering the important role and involvement…
Business
US: Wall Street opens higher on Fed rate cut hopes; earnings in focus
Wall Street opened higher on Wednesday (Aug 6), as ongoing optimism about Federal Reserve interest rate cuts kept markets afloat and…
Business
Carro targets US IPO with over US$3 billion valuation: sources
Singapore-based Carro, South-east Asia’s largest used-car online marketplace, is preparing for a US initial public offering as early as…
Business
Uber boosts buybacks by US$20 billion after upbeat forecast
Uber Technologies announced US$20 billion in new stock buybacks after sharing a better-than-expected third-quarter forecast and quarterly…
Business
Straits Trading expects to swing to net loss for H1
But its overall financial position remains healthy with sufficient liquidity to meet its operational and financial commitments, says the…
Business
‘New Keppel’ shows promise; M1 sale and green projects could stir more excitement
Once the world’s largest offshore rig builder, Keppel is doubling down on efforts to transform into an asset manager – most recently with…
Business
McDonald’s global sales top estimates as affordable meal options boost demand
McDonald’s global comparable sales beat Wall Street expectations for second quarter, as affordable meal bundles and promotions drew in…
Business
Chinese streaming platform iQiyi to seeks US$300 million in Hong Kong listing: sources
iyi is seeking to raise US$300 million in a Hong Kong market debut this year, becoming the latest US-listed Chinese firm to tap investors…
Business
Yangzijiang Shipbuilding posts record earnings of 4.2 billion yuan for H1
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,…
Business
Venture Corp posts 8.6% drop in H1 net profit to S$113 million
Technology solutions provider Venture Corp posted an 8.6 per cent drop in net profit to about S$113 million for the six months ended Jun…
Business
Venture Corp Q2 profit edges up to S$57.1 million; H1 earnings remain lower
Technology solutions provider Venture Corp posted a 2.3 per increase in net profit to S$57.1 million for its second quarter ended June…
Business
Disney tops earnings forecasts with streaming gains, raises guidance
Walt Disney posted better-than-expected results for April through June and raised its full-year earnings guidance on Wednesday (Aug 6) as…
Business
Singapore stocks rise for third straight day amid mixed regional showing; STI up 0.5%
Local stocks closed higher on Wednesday (Aug 6), marking a third consecutive day of gains despite a mixed regional market performance and…
Business
Video: Uber’s Sexual Assault Problem
new video loaded: Uber’s Sexual Assault Problem Emily Steel, an investigative reporter for The New York Times, got access to sealed court…