News

Weaker US dollar, bond yields lift gold to more than five-week high
[BENGALURU] Gold prices climbed to a more than five-week peak on Wednesday (Jul 23), supported by a softer US dollar and lower Treasury yields as investors looked forward to...
Vietnam stocks near record on reform hopes, trade deal optimism
[SINGAPORE] Vietnam’s stock benchmark is closing in on a record high, fuelled by optimism over sweeping political reforms and clarity on a trade deal with the US.The government is...
BYD’s Pakistan JV sees government support as critical for EVs
The company is looking to the country to help it continue to grow even as its monthly sales have stagnated recently in China Published Wed, Jul 23, 2025 ·...
MAS’ S$5 billion investment fund set to lift undervalued, small-cap stocks: analysts
[SINGAPORE] Market reaction to the appointment of the first three asset managers to tap Singapore’s S$5 billion Equity Market Development Programme (EQDP) on Monday (Jul 21) has been largely...
Oil prices fall as key trade talks falter ahead of tariff deadline
[NEW YORK] Oil prices fell on Tuesday for a third consecutive session, as hopes faded for a trade deal between the US and Europe, feeding fears of an economic slowdown in...
US: Nasdaq ends six-day streak of records
Published Wed, Jul 23, 2025 · 06:13 AM[NEW YORK] The Nasdaq retreated from a record Tuesday on a mixed day for stocks as markets looked ahead to upcoming earnings reports from...
Commentary: 3 things that should scare us about Trump’s fake video of Obama
On Sunday, our thoughtful and reserved president reposted on his Truth Social site a video generated by artificial intelligence that falsely showed former President Obama being arrested and imprisoned....
SingPost divests freight forwarding business Famous Holdings for S$177.9 million
Sale results in estimated realised gain on disposal of S$10.5 million and about S$104 million in cash[SINGAPORE] Singapore Post (SingPost) has divested its entire freight forwarding business, Famous Holdings,...
DFI Retail Group posts 38.9% rise in H1 underlying profit
[SINGAPORE] Supermarket and retail store operator DFI Retail Group’s underlying profit rose 38.9 per cent to US$105 million for the first half ended Jun 30, from US$75.6 million in...
SPH Media lays off 11 workers with decommissioning of old printing presses
[SINGAPORE] SPH Media will lay off 11 production workers, following the decommissioning of two of the company’s 30-year-old printing presses which have reached the end of their operational lifespan. SPH...
SIA Engineering Q1 net profit rises 29.2% to S$42.9 million on strong MRO demand
[SINGAPORE] Aircraft maintenance provider SIA Engineering Company (SIAEC) on Tuesday (Jul 22) reported a net profit of S$42.9 million for the first quarter ended Jun 30, up 29.2 per...
STI ends Tuesday flat as regional indices close mixed
[SINGAPORE] The Straits Times Index (STI) closed flat on Tuesday (Jul 22), as regional indices showed mixed performances. The STI closed up 0.03 per cent or 1.13 points to...