News
Microsoft says some SharePoint server hackers now using ransomware
[WASHINGTON] A cyber-espionage campaign centred on vulnerable versions of Microsoft’s server software now involves the deployment of ransomware, Microsoft said in a late Wednesday (Jul 23) blog post.In the...
Trump to visit Federal Reserve on Thursday, ramping up pressure on Powell
US PRESIDENT Donald Trump, a robust critic of Federal Reserve Chair Jerome Powell, will visit the central bank on Thursday, the White House said, a surprise move that escalates...
ST Engineering up 7.3% on Q2 contract wins
[SINGAPORE] ST Engineering soared on Thursday (Jul 24) morning after the group announced that it bagged S$4.7 billion in contracts for Q2 2025. As at 9.58 am, the counter...
Gold flat as easing trade tensions offset boost from soft US dollar
Published Thu, Jul 24, 2025 · 09:46 AM[BENGALURU] Gold prices held steady on Thursday (Jul 24) after a sharp drop in the previous session, as easing trade tensions dented...
ST Group Food moves to liquidate UK unit that operates Gong Cha brand in the country
[SINGAPORE] Catalist-listed ST Group Food plans to liquidate its indirect subsidiary in the UK, GCTea Outlets 2B, which operates a food and beverage outlet under the Gong Cha brand...
Stocks to watch: ST Engineering, MPACT, MLT, Digital Core Reit, Sabana Reit, OUE Reit
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Thursday (Jul 24):ST Engineering: The group on Wednesday announced that it won new contracts...
Bank of Japan watchers still predict next rate hike in October or January
[TOKYO] Bank of Japan (BOJ) watchers increasingly expect authorities to raise the benchmark interest rate either in October or January, according to a Bloomberg survey conducted before US President...
Heavier anti-money laundering penalties could help Singapore maintain high standards as wealth hub
[SINGAPORE] Authorities in Singapore appear to be kicking it up a notch, as they round up more individuals and entities for their involvement in a S$3 billion money laundering...
IBM’s software sales disappoint, eclipsing AI mainframe revival
[BENGALURU] IBM beat Wall Street estimates for second-quarter revenue and profit on Wednesday (Jul 23), but lower-than-expected sales in its mainstay software segment overshadowed a renewal in demand for...
Tesla braces for rough quarters ahead as US ends EV incentives
[AUSTIN] Elon Musk warned of difficult times ahead for Tesla after one of the automaker’s worst quarters in over a decade.
Tesla will be a transition period for the next...
