News
Singapore gold investment soars 37% to 2.2 tonnes in Q2 while jewellery demand wanes
[SINGAPORE] Investment appetite for gold remains strong in Singapore, with 2.2 tonnes of gold bars and coins purchased in the second quarter of 2025, according to the World Gold...
SocGen lifts targets after French retail rebounds sharply
[PARIS] Societe Generale, France’s third-largest listed bank, raised its annual profit target on Thursday (Jul 31) after a strong rebound in its French retail business lifted second-quarter results above...
Lufthansa reports higher-than-expected Q2 earnings
Published Thu, Jul 31, 2025 · 01:23 PM[BERLIN] Lufthansa on Thursday reported better second-quarter results than expected, boosted by low oil prices and currency effects, and confirmed its full-year...
Family office for Hong Kong’s richest builds out hedge fund team
[HONG KONG] A money manager for some of Hong Kong’s richest families is building a hedge fund team to allocate money away from private equity after its clients asked...
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 scheduled in 2029Published Thu, Jul 31, 2025 · 11:24...
Keppel shares hit 6-year high on H1 earnings growth, share buyback and asset divestment plans
[SINGAPORE] 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 share buyback scheme...
Australia’s central bank welcomes Q2 inflation data, deputy governor says
Published Thu, Jul 31, 2025 · 09:10 AM[SYDNEY] Australia’s second-quarter inflation data was very welcomed and came in as just the central bank expected, a top official said on...
Keppel posts 24.2% rise in H1 profit to S$377.7 million, seeks to monetise S$14.4 billion non-core assets
[SINGAPORE] 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 its...
Stocks to watch: Keppel, Jardine C&C, Seatrium, Mapletree Pan Asia Commercial Trust, Mapletree Logistics Trust, Sheng Siong
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Thursday (Jul 31): Keppel: Asset manager Keppel saw net profit rise 24.2 per cent to...
Chinese battery maker CATL reports faster profit growth in second quarter
[BEIJING] Chinese electric vehicle (EV) battery giant Contemporary Amperex Technology Co Limited’s (CATL) net profit growth picked up in the second quarter, even as it came under pressure from...
