News
S&P 500 expected to rally further
The S&P 500 staged a remarkable comeback in the second quarter of 2025, recording a new all-time high on Jun 27, after rebounding over 28 per cent from the...
Great Eastern says Takeover Code not breached when it shared IFA valuation with OCBC
[SINGAPORE] Great Eastern Holdings said that sharing the indicative range of share values determined by its independent financial adviser (IFA) with OCBC did not breach The Singapore Code on Take-overs...
Foxconn reports record Q2 revenue, cautions about geopolitical and exchange rate risks
[TAIPEI] Taiwan’s Foxconn, the world’s largest contract electronics maker, reported record second-quarter revenue on strong demand for artificial intelligence products but cautioned about geopolitical and exchange rate headwinds.
Revenue for...
Gold, pesos and lasers: What’s on Fidelity’s investment radar
[HONG KONG] A weakening US dollar and volatile equity markets were among the hotly discussed themes at Fidelity International’s Asia-Pacific Media Investment Conference in Hong Kong on Thursday (Jul...
Nanofilm to acquire remaining stake of Sydrogen from Temasek for S$15 million
[SINGAPORE] Nanofilm Technologies is acquiring the remaining stake of its majority-owned Sydrogen, a hydrogen technology solution provider, from Temasek’s unit Venezio Investments for S$15 million. The transaction represents 35 per...
Top S-Reits with lowest gearing ratios average 33.5% as investors await rate cuts
[singapore] Last month, the US Federal Reserve opted to maintain its benchmark interest rate, adopting a cautious stance despite speculation about a potential rate cut as early as July,...
SpaceX staff to get lavish park in Musk’s latest Texas land buy
[CHICAGO] Elon Musk’s SpaceX is planning to develop a sprawling private recreation complex on land adjacent to his Texas Starlink factory, the latest sign of the billionaire’s efforts to...
Companies keep slashing jobs. How worried should workers be about AI replacing them?
Tech companies that are cutting jobs and leaning more on artificial intelligence are also disrupting themselves.Amazon’s Chief Executive Andy Jassy said last month that he expects the e-commerce giant...
Hugo Boss shareholder Frasers warns it won’t back dividends
[LONDON] Frasers Group warned Hugo Boss it will vote against any dividends, as the British retailer owned by billionaire Mike Ashley exerts its influence after years of building a...
Bank of England’s policymaker warns neutral rate question can’t be avoided
[LONDON] Bank of England (BOE) policymaker Alan Taylor said UK officials cannot sidestep the question of where interest rates will settle, in a direct challenge to governor Andrew Bailey’s...
