News
Tech trade may see bigger retail influence after July rout, JPMorgan says
Published Thu, Aug 6, 2026 · 08:22 AM[NEW YORK] The technology trade may be poised to become even more dependent on retail investors and more volatile after a rough...
Ozempic-maker Novo Nordisk underwhelms investors with soft Wegovy pill sales
Revenue for the popular weight loss drug disappoints at US$494 million – no better than analysts’ estimatesPublished Thu, Aug 6, 2026 · 08:00 AMNOVO Nordisk’s popular Wegovy weight loss...
Gold jumps most since February on Hormuz deal hopes, breaking key resistance level
Published Thu, Aug 6, 2026 · 07:36 AMGOLD jumped the most since February as prospects for a deal to reopen the Strait of Hormuz reduced expectations for US Federal...
DBS Q2 net profit rises 9% to record S$3.08 billion as wealth management fees surge
The earnings beat the S$2.88 billion consensus forecast in a Bloomberg survey of analysts as the bank declares a S$0.81 dividend per share[SINGAPORE] DBS’ net profit for its second...
European shares mark a fresh record close as earnings offset Middle East uncertainty
Published Thu, Aug 6, 2026 · 06:01 AMEUROPEAN shares closed at a fresh all-time high on Wednesday (Aug 5) as investors sifted through the latest batch of corporate earnings while...
Air India taps Ethiopian Airlines veteran as CEO
Published Wed, Aug 5, 2026 · 09:44 PM[NEW DELHI] Air India announced Tewolde Gebremariam will succeed Campbell Wilson as the chief executive officer amid the Tata Group-owned carrier’s struggles...
Centurion Accommodation Reit posts S$0.03499 H1 DPU, beats forecast by 9.6%
[SINGAPORE] Centurion Accommodation Reit (CAReit) reported a distribution per unit (DPU) of S$0.03499 for the half-year ended Jun 30, outperforming its forecast by 9.6 per cent.Gross revenue for the...
Keppel hits 2026 asset-sale target early with US$270 million Vietnam divestment
The deal brings its year-to-date monetisations to S$2.1 billion, within its full-year goal of between S$2 billion and S$3 billion[SINGAPORE] Keppel on Wednesday (Aug 5) said that it has...
Uber and Wayve win licences for supervised robotaxis in London
Published Wed, Aug 5, 2026 · 05:41 PM[LONDON] Uber Technologies and UK startup Wayve Technologies are preparing to launch their robotaxi service in London with a safety driver, getting...
Vietnam’s Techcombank seeks US$1 billion, joining rush for funds
The borrowing is split into US$600 million three-year and US$400 million four-year portions, sources sayPublished Wed, Aug 5, 2026 · 04:57 PM[HANOI] Vietnam Technological and Commercial JSB, known as...
