News

Australian central bank chief says economy cooling, unsure rates high enough
Michele Bullock highlights that while the world has become more shock-prone, the economy is more resilient than in the pastPublished Tue, Jul 28, 2026 · 11:57 AM[SYDNEY]  Australia’s central...
FAA says seats on hundreds of Boeing 737 MAX jets may need inspections
It said it received a report that some passenger seat assemblies were not correctly installed in its seat tracks[SEATTLE] The US Federal Aviation Administration said on Monday (Jul 28)...
SK Hynix, Samsung Electronics retreat as chip sell-off weighs on Asian stocks
Investors increasingly seek signs that AI spenders can justify the billions of dollars poured into the technologyPublished Tue, Jul 28, 2026 · 10:04 AMASIAN equities declined on Tuesday (Jul...
Johnson & Johnson announces US$5.5 billion settlement of talc lawsuits
Published Tue, Jul 28, 2026 · 08:39 AM[NEW YORK] Johnson & Johnson said on Monday (Jul 27) it would pay US$5.5 billion to resolve tens of thousands of lawsuits...
ESR-Reit to divest Ang Mo Kio industrial property for S$33.3 million at 2.1% premium
[SINGAPORE] The manager of ESR-Reit on Tuesday (Jul 28) announced that it has entered into a contract of sale to divest 12 Ang Mo Kio Street 65 for S$33.3...
Keppel Infrastructure Trust posts 1% higher H1 DPU of S$0.0199
As at Jun 30, net gearing is at 44.2%, with an interest coverage ratio of 8.3 times[SINGAPORE] The trustee-manager of Keppel Infrastructure Trust (KIT) on Tuesday (Jul 28) posted...
CapitaLand Ascott Trust H1 DPS flat at S$0.0253
After The Robertson House sale, manager expects at least one more divestment this year[SINGAPORE] The manager of CapitaLand Ascott Trust (Clas) posted a distribution per stapled security (DPS) of...
Meta disregarded its own research on teen harm, Tennessee tells jury
Internal documents showed that Meta product managers knew that it needed to warn the public about Instagram’s addictive features but it didn’tPublished Tue, Jul 28, 2026 · 06:35 AMLAWYERS...
LVMH sales tick up as US luxury demand offsets hit from Iran war
Published Tue, Jul 28, 2026 · 06:14 AM[PARIS] Sales at luxury giant LVMH edged higher in the second quarter as strong demand from affluent US shoppers helped offset weaker spending in...
US stocks: Wall Street ends mixed as investors focus on tech earnings
Tech heavyweights such as Meta and Microsoft will report quarterly results this weekPublished Tue, Jul 28, 2026 · 05:41 AMWALL Street ended mixed on Monday (Jul 27), as investors...
Porsche to shed 5,000 jobs by 2035 under German factory pact
Published Mon, Jul 27, 2026 · 11:27 PM[STUTTGART] Porsche agreed to eliminate 5,000 jobs by 2035 as part of a deal with labour officials that protects its main German...
Wall St opens higher as pause in US-Iran hostilities lifts sentiment
Published Mon, Jul 27, 2026 · 10:13 PM[NEW YORK] Wall Street’s main indexes opened higher on Monday (Jul 27) after the United States and Iran paused hostilities, boosting risk...