News
TikTok fined 530 million euros in EU over China data transfer
[DUBLIN] TikTok was hit with a massive EU fine of 530 million euros (S$779 million) on Friday (May 2), accused of sending personal data of Europeans to China and...
Nvidia is working on China-tailored chips again after US export ban: The Information
The chip giant has told customers that a sample of the new chip will be available as soon as JunePublished Fri, May 2, 2025 · 10:19 PM[BENGALURU] Nvidia has...
HSBC warns trade turmoil poses serious risks to global growth
[LONDON] Shifting global trade relations have increased economic uncertainty with serious risks to growth, making it difficult for international banks to provide the medium term outlook effectively, HSBC chairman...
CICT sells stake in CapitaSpring serviced residence component for S$37.8 million
[SINGAPORE] The manager of CapitaLand Integrated Commercial Trust (CICT) on Friday (May 2) announced the sale of its stake in the serviced residence component of CapitaSpring.CICT owns a 45...
Singapore shares close higher ahead of GE2025; STI up 0.3%
[SINGAPORE] Stocks on the local bourse ended higher on Friday (May 2), a day before Singaporeans head to the polls.The Straits Times Index (STI) gained 0.3 per cent or 12.63...
Shell Q1 profit drops 28%, beats estimates, keeps share buybacks steady
[LONDON] Shell reported a 28 per cent drop in first-quarter net profit to US$5.58 billion on Friday (May 2), beating analyst expectations, while it held steady the pace of...
AirAsia-owner Capital A eyes Hong Kong listing
[BENGALURU] Malaysia’s Capital A, the owner of budget carrier AirAsia, said on Friday (May 2) it was exploring listing on the Hong Kong stock exchange, as it looks to...
StanChart profit beats as lender weighs impact of tariff war
Published Fri, May 2, 2025 · 01:02 PMSTANDARD Chartered reported first-quarter profit that beat estimates as it weighs the impact of US President Donald Trump’s trade war. Adjusted pretax profit...
StanChart Q1 profit beats estimates as lender weighs impact of Trump’s tariff war
[LONDON] Standard Chartered reported first-quarter profit that beat estimates as it weighs the impact of US President Donald Trump’s trade war. Adjusted pretax profit for the quarter through March hit...
CapitaLand Investment sinks 8% as counter goes ex-dividend
The company will pay a dividend of S$0.12 plus units of CapitaLand Integrated Commercial Trust worth S$0.067 [SINGAPORE] CapitaLand Investment’s (CLI) shares plunged more than 8 per cent on...
Chinese EV makers sell more plugin-hybrids in the EU to avoid tariffs: research firm
CHINESE carmakers including BYD and Chery are selling more plugin-hybrids in the European Union to avoid import tariffs on Chinese-made electric cars, data released on Friday showed.The two brands...
Stocks to watch: CapitaLand Investment, Nio, MIT, Jardine Cycle & Carriage, iFast, Sasseur Reit, Elite UK Reit
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Friday (May 2).CapitaLand Investment (CLI): The real estate investment manager reported a total revenue...