News
IBM falls most in 15 months on tepid software sales
SHARES of International Business Machines declined the most since April 2024 after the company reported weaker-than-expected sales in its closely watched software segment disappointing investors who have grown increasingly...
Intel says revenue rose as it cut ranks
Published Fri, Jul 25, 2025 · 07:08 AM[SAN FRANCISCO] Intel on Thursday posted quarterly revenue that topped market expectations, saying it has cut about 15 per cent of its...
Oil pares gains on possible US approval for Chevron to renew Venezuelan operations
[HOUSTON] Oil pared gains on Thursday afternoon following a Reuters report that US President Donald Trump’s administration may allow Chevron to resume operations in Venezuela.Brent crude futures were up 26 cents,...
GIC posts 3.8% 20-year annualised real rate of return; expects returns ahead will be more volatile
[SINGAPORE] Sovereign wealth fund GIC reported an annualised rolling 20-year real rate of return of 3.8 per cent for its latest period ended Mar 31, 2025.
This rate of return...
US: S&P 500, Nasdaq open higher
Published Thu, Jul 24, 2025 · 09:43 PM[NEW YORK] The S&P 500 and the Nasdaq opened higher on Thursday as investors assessed tech earnings and monitored trade negotiations, while...
Sri Lanka orders Singapore shipowner to pay US$1 billion over marine disaster
The shipping firm initially paid US$7.85 million for the immediate cleanup and as compensation for fishermen who were deprived of their livelihoodsPublished Thu, Jul 24, 2025 · 08:47 PM[COLOMBO]...
ECB keeps rates steady as it awaits clarity over trade
[FRANKFURT] The European Central Bank left interest rates unchanged on Thursday (Jul 24) after cutting eight times in a year, biding its time while Brussels and Washington try to...
Frasers Centrepoint Trust retail portfolio occupancy hits 99.9% in Q3
[SINGAPORE] Committed occupancy in the retail portfolio of Frasers Centrepoint Trust (FCT) reached 99.9 per cent in the third quarter ended Jun 30, 2025. This was a growth of...
Singapore shares continue to rise, tracking regional indices; STI up 1%
[SINGAPORE] The Straits Times Index (STI) closed higher on Thursday (Jul 24), tracking regional indices. The STI ended 1 per cent or 41.77 points up at 4,273.05.Across the broader...
Air India warned by regulator over ‘systemic’ lapses in fatigue management and training
[NEW DELHI] Air India has been warned by India’s aviation regulator that it could face enforcement action for breaching safety standards related to crew fatigue management and training, government...
