News
GuocoLand secures S$619.3 million green loan for River Valley Green development
[SINGAPORE] GuocoLand has secured a S$619.3 million green club facility on Tuesday (Jul 8) to finance the acquisition and development of its upcoming River Valley Green (Parcel B) project...
Shenzhen bourse nudges China firms to speed up IPO applications
[BEIJING] China’s Shenzhen Stock Exchange has urged brokers to speed up applications for companies to list on the ChiNext board as officials seek to boost private enterprise and reignite...
China shuns costly LNG imports even as summer power demand rises
[BEIJING] Sweltering temperatures are pushing up appetite for electricity in China, just not yet enough to revive the country’s spot purchases of costly liquefied natural gas (LNG).Traders hoping for...
Apple loses top AI models executive to Meta’s hiring spree
[LOS ANGELES] Apple’s top executive in charge of artificial intelligence (AI) models is leaving for Meta Platforms, another setback in the iPhone maker’s struggling AI efforts.Ruoming Pang, a distinguished...
Gold steady after Trump unveils steeper tariffs, Treasury yields weigh
[BENGALURU] Gold prices steadied on Tuesday (Jul 8) as US President Donald Trump announced sharply higher tariffs on goods from Japan, South Korea and other nations, while higher US...
Funko replaces CEO after one year amid losses, falling sales
Published Tue, Jul 8, 2025 · 09:21 AM[NEW YORK] Toymaker Funko replaced chief executive officer Cynthia Williams after just one year on the job, naming board member and former...
Malaysia, Thailand could take biggest hit to growth in Asean from tariff impact: analysts
[SINGAPORE] Malaysia and Thailand are the economies in Asean that are set to take the biggest hit from tariffs announced by US President Donald Trump on Monday (Jul 7),...
Japan, South Korea markets are muted in early trade as Trump hits trading partners with higher tariffs
Markets in Asia were muted as US President Donald Trump announced higher tariff rates on 14 countries.Trump hit trading partners such as Malaysia (25 per cent), Indonesia (32 per...
Samsung posts first profit drop since 2023 after AI chip delays
[SEOUL] Samsung Electronics’ profit shrank more than expected after encountering hiccups in plans to sell cutting-edge artificial intelligence (AI) memory to Nvidia. South Korea’s largest company reported preliminary operating...
Tesla shares slip after Musk says he will create a new political party
Tesla shares fell close to 7% Monday after Elon Musk announced plans to form his own political party, sparking concerns he will become further distracted by politics despite a...
