Hong Leong Finance H1 net profit rises 22.4% to S$44.7m
SINGAPORE (THE BUSINESS TIMES) - Hong Leong Finance on Thursday said it made a net profit of S$44.7 million in...
Business
S&P 500, Nasdaq end at fresh records
NEW YORK (AFP) - Wall Street stocks rallied on Thursday (Aug 5), lifting the S&P 500 and Nasdaq to fresh...
Ethereum founder says upgrade sets stage for energy usage cut
LOS ANGELES (BLOOMBERG) - The most significant change to the Ethereum blockchain since 2015 that went into effect on Thursday...
Evergrande sell-off deepens with S&P warning of ‘downward spiral’
HONG KONG (BLOOMBERG) - China Evergrande Group bonds dropped toward record lows on Friday (Aug 6), with S&P Global Ratings warning...
US recovery stumbles as private hiring slows sharply in July
WASHINGTON (AFP) – After recovering strongly as widespread vaccinations allowed for an easing of pandemic restrictions, hiring by American firms...
DBS CEO upbeat on growth outlook despite regional Covid-19 surge; Q2 profit rises 37%
SINGAPORE - DBS Group Holdings joined peers OCBC Group and UOB in reporting strong earnings that beat forecasts, while projecting that...
ESR to buy Singapore-based ARA for $7b, creating Asia’s biggest real estate fund manager
SINGAPORE - Hong Kong’s ESR Cayman will buy the entire share capital of Singapore-based ARA Asset Management (ARA) for US$5.2 billion ($7...
Key Fed official sees US rates lift-off in 2023 as policy debate heats up
WASHINGTON (REUTERS) - The contours of debate within the United States central bank over when to dial back support for...
SGX second-half profit falls 20.5% to $205.6m on lower revenue
SINGAPORE (THE BUSINESS TIMES) - The Singapore Exchange (SGX) on Thursday (Aug 5) reported a 20.5 per cent decline in...
Shares in Chinese e-cigarette firms slide after state media report
SHANGHAI (REUTERS) - Shares in Chinese vaping firms slid on Thursday (Aug 5) after state media reported that many minors...