Posts by Nathan Pine
Shell more than doubles its profit in Q2, beating expectations
Published Thu, Jul 30, 2026 · 02:31 PM [LONDON] Shell’s adjusted earnings – its definition of net profit – reached US$9.84 billion in the second quarter, it said on Thursday (Jul 30), beating expectations and more than doubling its profit from the same time last year. Higher oil and gas prices, stronger liquefied natural gas…
Read MoreAsean gold demand in Q2 buoyed by Indonesia, Thailand, bucks broader global sell-off
Singapore’s second-quarter bullion demand climbs 6% year on year amid geopolitical uncertainty, softer prices [SINGAPORE] Investor appetite for gold in Asean remained resilient in the second quarter, defying broader year-on-year declines in the global demand for gold. Global demand for bars and coins for the quarter retreated 3 per cent from the year before to…
Read MoreSocGen enjoys record Q2 profit as retail bank beats weak trading
Group net income rose 23% to a record 1.79 billion euros (US$2.04 billion) that reached forecasts Published Thu, Jul 30, 2026 · 01:10 PM [PARIS] French bank Societe Generale (SocGen) posted record quarterly profit on Thursday (Jul 30) and upped its 2026 profitability target, as a recovery in retail banking and tight cost controls offset…
Read MoreChina’s coal demand gets boost as heatwave lifts aircon use
Published Thu, Jul 30, 2026 · 12:16 PM CHINA’S thermal coal prices are rebounding as a mild start to summer finally gives way to hotter weather, boosting air-conditioner usage and power demand. Spot prices in Qinhuangdao reached 822 yuan (US$821) a ton on Monday, paring a 7 per cent decline earlier in the month that…
Read MoreTom Holland Recalls ‘Spider-Man: Brand New Day’ Cut He “Hated”
As Tom Holland swings back into theaters this weekend with Spider-Man: Brand New Day, he’s recalling a version of the movie that remained in the multiverse. The Peter Parker actor noted he and his co-stars have “seen loads of different cuts” of his latest MCU outing, which premieres Friday in theaters, including one they “hated.”…
Read MoreKeppel shares tumble 5.1% after it reports net profit drop of 59%
The group’s results were dragged down by a S$375 million net loss in its non-core portfolio. [SINGAPORE] Shares of Keppel fell as much as 5.1 per cent on Thursday (Jul 30) after the asset manager reported a 59 per cent drop in overall net profit for the first half of its fiscal year. The counter…
Read MoreDisney+ Korea’s ‘Battle Of Fates’ Getting Spin-Off ‘House Of Fates’
After Battle of Fates became Disney+ Korea‘s biggest series premiere to date, the team behind the show are returning with an spin-off. House of Fates will see fans of the mystical-themed unscripted series taken to destinations believed to hold powerful spiritual energy and experiencing ceremonies, local traditions and dining events connected to Korea’s spiritual heritage.…
Read MoreTom Selleck Reveals Drastic Blue Bloods Pay Cut
Tom Selleck is still feeling blue about how his longest-running series came to an end. The Blue Bloods alum shared that the show's cast—which included costars Donnie Wahlberg, Bridget Moynahan… Source link
Read MoreAsian stocks choppy after South Korea’s US$2 trillion rout, Fed leaves markets uncertain on rates
Asian chipmakers are in focus as investors fret about returns from massive AI spending Published Thu, Jul 30, 2026 · 10:25 AM [SINGAPORE] Asian stocks struggled for direction on Thursday (Jul 30), nursing steep losses for the week on mounting investor jitters around the artificial intelligence trade, while a divided US Federal Reserve kept interest…
Read MoreAsian stocks choppy after South Korea’s US$2 trillion rout, Fed leaves markets guessing on rates
Asian chipmakers are in focus as investors fret about returns from massive AI spending Published Thu, Jul 30, 2026 · 10:25 AM — Updated Thu, Jul 30, 2026 · 12:26 PM [SINGAPORE] Asian stocks struggled for direction in choppy trading on Thursday (Jul 30) after a week of market turbulence sparked by artificial intelligence jitters,…
Read MoreSTI drops 0.7% after US markets tumble on rate, inflation uncertainties
[SINGAPORE] The Straits Times Index (STI) declined by more than 1 per cent on Thursday morning amid declining investor sentiment, as US markets wobble due to inflation fears and a hawkish Federal Reserve chair. The benchmark index fell to an intraday low of 5,638.94, then pared some losses to close 0.7 per cent or 39.61…
Read MoreSamsung posts over 250-fold rise in Q2 chip profit; expects robust AI demand, tight chip supply in 2026
Published Thu, Jul 30, 2026 · 09:37 AM [SEOUL] Samsung Electronics expects AI chip demand to stay strong and supply to remain short in 2026, it said on Thursday (Jul 30), after posting a more than 250-fold rise in semiconductor profit in the second quarter. Its shares slipped 0.5 per cent and rival SK Hynix…
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