Fashion
Hiap Seng shares soar 75% after Indonesian oil giant Chandra Asri buys an 11.9% stake in firm
Future partnerships between both companies could be on the horizon, says Hiap Seng Industries [SINGAPORE] Indonesian petrochemical producer Chandra Asri has purchased an 11.9 per cent stake in Hiap...
Chinese hackers exploit Microsoft flaws, US nuclear agency hit
[NEW YORK] Microsoft warned that Chinese state-sponsored hackers are among those exploiting flaws in its SharePoint software to break into institutions globally, with the US agency responsible for designing...
RBA seen cutting three more times by early 2026, matching market
[SYDNEY] Economists expect Australia’s central bank will deliver three more interest-rate cuts by early 2026, up from two seen previously, bringing their outlook into line with money market pricing....
Shares in Japanese, South Korean automakers surge on Tokyo trade deal
[TOKYO] Japanese automakers led a surge in the Nikkei share average to a one-year peak on Wednesday (Jul 23) after Tokyo reached a trade deal with Washington, ending a...
Stocks to watch: SIA Engineering, SingPost, DFI Retail Group, Aztech Global, HPH Trust
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Wednesday (Jul 23):SIA Engineering: The aircraft maintenance provider on Tuesday reported a net profit...
Delta plans to use AI in ticket pricing draws fire from US lawmakers
[WASHINGTON] Three Democratic senators have pressed Delta Air Lines CEO Ed Bastian to answer questions about the airline’s planned use of artificial intelligence to set ticket prices, raising concerns...
Trump tariffs take US$1-billion bite out of GM earnings, shares fall
[BENGALURU] General Motors’ (GM) second-quarter earnings took a US$1.1-billion hit from tariffs, but the automaker still beat analyst expectations for the period on Tuesday (Jul 22), supported by strong...
Europe: Shares end lower as corporate results, trade anxiety weigh
EUROPEAN shares settled lower on Tuesday, with German equities logging their biggest one-day drop in two months as a batch of disappointing corporate reports and dimming prospects of a US-European Union...
DFI Retail Group posts 38.9% rise in H1 underlying profit, pays special dividend of US$0.443 a share
[SINGAPORE] Supermarket and retail store operator DFI Retail Group’s underlying profit rose 38.9 per cent to US$105 million for the first half ended Jun 30, from US$75.6 million in...
Aztech Global H1 net profit drops 65.5% to S$16.1 million on subdued customer demand
[SINGAPORE] Aztech Global’s net profit plunged 65.5 per cent to S$16.1 million, from S$46.7 million, for the first half ended Jun 30, 2025. Similarly, revenue declined by 50.3 per...
