Luxury car distributor EuroSports Global CEO Melvin Goh under probe by CAD, cellphone retained
SINGAPORE - Luxury car distributor EuroSports Global said on Thursday night (Aug 5) that its executive chairman and chief executive Melvin...
Business
Sembcorp swings back to black with $46 million first-half profit
SINGAPORE (THE BUSINESS TIMES) - Sembcorp Industries has swung back into the black with a $46 million net profit for...
Former Hong Kong exchange CEO starts venture to invest in China’s small firms
HONG KONG (BLOOMBERG) - The man who engineered the landmark programme linking stock markets in mainland China and Hong Kong...
Kakao Bank becomes South Korea’s biggest lender by market value in stellar debut
SEOUL (REUTERS) - Digital lender Kakao Bank made a stunning debut on Friday (Aug 6), surging 65 per cent from its...
AEM first-half profit falls 46.6% as revenue normalises
SINGAPORE (THE BUSINESS TIMES) - AEM Holdings on Thursday (Aug 5) posted earnings of $29.5 million for the first half...
Wall Street’s poor performance weighs on Singapore stock
SINGAPORE (THE BUSINESS TIMES) - Local shares headed south on Thursday after lacklustre hiring data in the United States and...
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...
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...