Business
Asia: Most markets down as Fed holds and Trump announces fresh tariffs
Asian markets mostly fell on Thursday while the dollar held most of its gains as traders weighed a cautious Federal Reserve with strong…
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Business
Business
Richest Thai sees US$10 billion hydro, LNG projects driving growth
Construction on a US$1 billion LNG import terminal project, Thailand’s third, will start later this year before commercial operations are…
Business
OpenAI hits US$12 billion in annualised revenue, The Information reports
GPT-MAKER OpenAI roughly doubled its revenue in the first seven months of the year, reaching US$12 billion in annualised revenue, The…
Business
Macquarie ‘Millionaires Factory’ put at risk by investor revolt
[SINGAPORE/MELBOURNE] Macquarie Group’s long vaunted money-making machine for top bankers is showing signs of strain. Known as the…
Business
Seatrium falls 5.4% after fines, despite strong H1 results
The company announced on Wednesday (30 Jul) it was to pay S$240 million in financial penalties Shares of Seatrium dived 5.4 per cent…
Business
Seatrium shares tumble 5.4% after fines, despite strong H1 results
The company will pay S$240 million in financial penalties to settle corruption offences Shares of Seatrium dived 5.4 per cent shortly…
Business
Keppel shares up 5.5% on H1 earnings growth and plan to divest S$14.4 billion of non-core assets
Year to date, it is up 25.1% from its closing price on the last trading day of 2024 Shares of Keppel rose on Thursday (Jul 31) morning…
Business
Keppel shares up 6.1% on H1 earnings growth and plan to divest S$14.4 billion of non-core assets
Shares of Keppel rose on Thursday (Jul 31) morning after the asset manager said H1 net profit grew 24.2 per cent and that it planned to…
Business
Keppel shares up 6.1% on H1 earnings growth, share buyback and asset divestment plans
Shares of Keppel rose on Thursday (Jul 31) morning after the asset manager posted a 24.2 per cent rise in H1 earnings, a S$500 million…
Business
Keppel shares up 6.8% on H1 earnings growth, share buyback and asset divestment plans
Shares of Keppel rose on Thursday (Jul 31) morning after the asset manager posted a 24.2 per cent rise in H1 earnings, a S$500 million…
Business
Keppel shares hit 6-year high on H1 earnings growth, share buyback and asset divestment plans
Shares of Keppel rose on Thursday (Jul 31) morning after the asset manager posted a 24.2 per cent rise in H1 earnings, a S$500 million…
Business
Gold rebounds from one-month low on renewed trade uncertainty
Gold prices rebounded on Thursday (Jul 31) from a one-month low hit in the previous session, as trade uncertainty stemming from fresh US…
Business
Australia’s central bank welcomes Q2 inflation data, deputy governor says
Australia’s second-quarter inflation data was very welcomed and came in as just the central bank expected, a top official said on…
Business
Grab reports a Q2 2025 earnings of US$35 million on higher revenue and margins
Superapp Grab reported Q2 2025 earnings of US$35 million, reversing from a loss of US$53 million in the same year-ago period. This was…
Business
Keppel H1 profit rises 24.2% to S$377.7 million; seeks to monetise S$14.4 billion non-core assets
Asset manager Keppel saw net profit rise 24.2 per cent on the year to S$377.7 million for the first half ended Jun 30, driven by growth in…
Business
Keppel posts 24.2% rise in H1 profit to S$377.7 million, seeks to monetise S$14.4 billion non-core assets
Asset manager Keppel saw net profit rise 24.2 per cent on the year to S$377.7 million for the first half ended Jun 30, driven by growth in…
Business
Aims Apac Reit posts 0.4% higher Q1 DPU of S$0.0228 amid stable operational performance
Aims Apac Reit reported on Thursday (Jul 31) a 0.4 per cent increase in distribution per unit (DPU) of S$0.0228 for Q1 FY2026, from…
Business
Elite UK Reit posts 10% rise in H1 2025 DPU to £0.0154
The manager of Elite UK real estate investment trust (Reit), announced a 5.8 per cent year-on-year increase in distributable income to…
Business
Samsung Q2 profit drops 55% on weak AI chip sales, China curbs
Samsung Electronics reported on Thursday a 55 per cent drop in second-quarter operating profit as delays in high-bandwidth memory chip…
Business
Stocks to watch: Keppel, Jardine C&C, Seatrium, Mapletree Pan Asia Commercial Trust, Mapletree Logistics Trust, Sheng Siong
The following companies saw new developments that may affect trading of their securities on Thursday (Jul 31): Keppel: Asset manager…
Business
Seatrium H1 profit rises 300% to S$144.4 million on strong order book, margin growth
Seatrium’s net profit for the six months ended Jun 30 grew 301.3 per cent to S$144.4 million, from S$36 million during the same period…
Business
Seatrium H1 profit quadruples to S$144.4 million on strong order book, margin growth
Seatrium’s net profit for the six months ended Jun 30 grew 301.3 per cent to S$144.4 million, from S$36 million during the same period…
Business
Grab Holdings beats quarterly revenue estimates
Grab Holdings beat Wall Street expectations for second-quarter revenue on Wednesday, as consumers boosted spending on its ride-hailing and…
Business
China’s JD.com to acquire German electronics retailer Ceconomy for 2.2 billion euros
[DUESSELDORF, Germany] JD.com is set to acquire German electronics retailer Ceconomy in a 2.2-billion-euro (S$3.3-billion) deal at 4.60…