Business
Thakral’s GemLife debuts on Australian stock exchange with A$1.65 billion market cap
It ends first day of trading up 4.1% at A$4.33, with 9.12 million stapled securities transacted Thakral Corporation’s investee company in…
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Business
Business
Thakral’s GemLife debuts on Australian bourse with A$1.65 billion market cap
It ends first day of trading up 4.1% at A$4.33, with 9.12 million stapled securities transacted Thakral Corporation’s investee company in…
Business
Stocks to watch: Frasers Property, UOL, QAF
The following companies saw new developments that may affect trading of their securities on Friday (Jul 4): Frasers Property, UOL Group:…
Business
Stocks to watch: Frasers Property, UOL, Thakral, QAF
The following companies saw new developments that may affect trading of their securities on Friday (Jul 4): Frasers Property, UOL Group:…
Business
Stocks to watch: Frasers Property, UOL, CDL, GuocoLand, Keppel, Thakral, QAF
The following companies saw new developments that may affect trading of their securities on Friday (Jul 4): Frasers Property, UOL Group,…
Business
US lifts license suspensions for GE jet engines to China’s COMAC
US Department of Commerce informed GE Aerospace on Thursday that it was once again allowed to ship jet engines to China’s COMAC, lifting…
Business
Unlike private landlords, Reit-owned malls could trade higher rents for right tenant mix
For Singapore-listed real estate investment trusts (S-Reits), rent increases are tempered by longer lease terms, a need to curate tenant…
Business
Europe: Shares advance as markets take US jobs data in stride
EUROPEAN shares closed higher on Thursday as investors took in stride a stronger-than-expected US jobs report, with bank stocks leading…
Business
US: S&P 500, Nasdaq end at fresh records after solid jobs data
Wall Street stocks surged higher on Thursday following US jobs data that topped estimates as President Donald Trump’s massive tax cut…
Business
Nvidia set to become world’s most valuable company in history
[OAKLAND, CALIFORNIA] Nvidia was on track to become the most valuable company in history on Thursday (Jul 3), with the chipmaker’s market…
Business
QAF expects ‘material reduction’ in net profit for H1 2025
Business performance is affected by increased operating costs, unfavourable foreign exchange movements, and a higher non-cash impairment…
Business
Chip design software firms climb as US lifts curbs on China exports
Synopsys, Cadence Design Systems and Siemens together control more than 70% of China’s EDA market Shares of Synopsys and Cadence Design…
Business
Singapore shares up 0.2% amid mixed regional showing
Gainers lead decliners 277 to 215 across the broader market amid heavy trading on the city-state’s bourse Singapore shares edged up on…
Business
After SVB's Collapse, Tech Leaders Apply to Launch New Digital Lender for AI and Crypto
In a major move that combines fintech invention with venture-funded aspiration, a group of tech billionaire backers are launching a new…
Business
Mark Zuckerberg Announces Meta Superintelligence Labs with Star-studded Team
After creating a buzz about the superintelligence unit recently, including hiring Alexander Wang of Scale AI, Meta has announced a new AI…
Business
China leads a Brics nations shift into solar power: report
China’s vast clean-energy industry has spearheaded a Brics solar-power boom, with the bloc accounting for more than half of global…
Business
Malaysia rate cut bets grow as tariff talks weigh on outlook
Expectations are growing for Malaysia’s central bank to cut interest rates at its policy meeting on Jul 9, which is also the deadline for…
Business
Asia: Stocks mixed as traders shrug at US-Vietnam trade deal
Stocks struggled in Asia on Thursday as investors gave a lukewarm reception to the US-Vietnam trade deal, while the dollar eased ahead of…
Business
Barclays names several leadership changes in its Asia Pacific investment banking unit
Richard Satchwell has been appointed head of capital markets financing for Asia-Pacific at Barclays, among other key leadership changes…
Business
US lifts chip design export curbs as part of new China deal
Software from Cadence and Synopsys is used to design everything from the highest-end processors for the likes of Nvidia and Apple to…
Business
BOJ should resume rate hikes after pause, board member Takata says
Bank of Japan board member Hajime Takata said on Thursday the central bank should resume interest rate hikes following a temporary pause…
Business
Micron sees new Singapore plant as key in plan to meet rising demand for AI-enabling chips
A new will underpin Micron Technology’s plans to produce advanced semiconductors needed for artificial intelligence (AI) applications. The…
Business
Seatrium secures floating storage regasification unit project from energy company Kinetics
It is set to commence in the third quarter of 2025 and involves the conversion of a liquefied natural gas carrier into an FSRU Seatrium…
Business
Oiltek, SEDC Energy in talks on potential role in Sarawak sustainable aviation fuel plant initiative
The programme is in collaboration with sustainable aviation fuel technology provider Sulzer Oiltek announced on Thursday (Jul 3) that it…