Singapore retail sales rise 25.8% in June, aided by low base a year ago
SINGAPORE - Retail sales in Singapore rose 25.8 per cent in June on an annual basis, aided by a low base...
Business
StarHub first-half net profit falls 12.3% to $67.9m on lower wage subsidies
SINGAPORE (THE BUSINESS TIMES) - Singapore telco StarHub on Thursday (Aug 5) reported a double-digit decline in earnings for the first...
International Plaza snags 80 per cent mandate to launch biggest mixed-use en bloc sale bid
SINGAPORE - International Plaza in Tanjong Pagar is set to embark on its first mixed-use collective sale attempt that could...
US stocks weighed down by lacklustre hiring data
NEW YORK (AFP) - Wall Street stocks mostly fell on Wednesday (Aug 4) following lacklustre hiring data that offset other...
Robinhood surges 50% in frenzied trading, as investors scoop up ‘the meme of memes’
BENGALURU (REUTERS) - Shares of Robinhood Markets rose more than 50 per cent on Wednesday (Aug 5) during a wild...
Uber racked up losses in attempt to ease driver shortage
SAN FRANCISCO (BLOOMBERG) - Uber Technologies spent heavily to lure drivers back in the second quarter, which resulted in a...
Boustead Projects unit hauled to court for allegedly using unmanned drones illegally
SINGAPORE (THE BUSINESS TIMES) - Boustead Projects' wholly owned subsidiary Boustead Projects E&C has been hauled to court for allegedly...
China should scrap gaming sector tax breaks: State media
HONG KONG (BLOOMBERG) - China should stop handing out tax breaks to gaming companies because they have become global players...
SGX shares fall 6% after 20.5% drop in second-half profit
SINGAPORE - Shares of the Singapore Exchange (SGX) fell sharply on Thursday (Aug 5) after the company reported a 20.5...
Mapletree Investments issues $600m of fixed-for-life perps at 3.7%
SINGAPORE (THE BUSINESS TIMES) - Mapletree Investments' wholly owned subsidiary Mapletree Treasury Services has launched and priced $600 million of...