China’s latest Covid-19 outbreak threatens to derail consumer recovery
BEIJING (BLOOMBERG) - China's broadest Covid-19 outbreak since the beginning of the pandemic in late 2019 is hampering tourism and...
Business
UOB Q2 profit up 43% to $1.01 billion; dividend raised to 60 cents per share
SINGAPORE (THE BUSINESS TIMES) - UOB's net profit for its second quarter rose 42 per cent, as more economies reopened...
StanChart reinstates payouts but income drop signals challenges ahead
HONG KONG (REUTERS) - Standard Chartered reported a higher than expected 57 per cent jump in first-half profit and US$350...
US stocks rebound, lifting S&P 500 to fresh record
NEW YORK (AFP) - The S&P 500 finished at a fresh record on Tuesday (Aug 3) as US stocks shook...
Alibaba earnings down as China tech giants face turmoil
SHANGHAI (AFP) - Chinese e-commerce leader Alibaba Group said Tuesday that it posted lower profit but maintained steady revenue growth,...
Weekly Money FM Podcasts: Who benefits from CPF shielding?
Weekly Money FM Podcasts (Aug 2) Who benefits from CPF shielding? (featuring Mr Christopher Tan, founder & chief executive, Providend)...
STI dips 0.38% with most Asian bourses also down on Delta variant concerns
SINGAPORE (THE BUSINESS TIMES) - The Singapore stock market declined on Tuesday (Aug 3), along with most Asian bourses, as...
Analysts endorse Keppel’s offer to take SPH private
SINGAPORE - Analysts who cover Keppel Corp have given the company's offer to privatise the non-media assets of Singapore Press...
Evergrande cut by Moody’s, faces another asset freeze petition
HONG KONG (BLOOMBERG) - China Evergrande Group's woes deepened as an advertiser sought legal action for payments and its credit...
Qantas idles 2,500 more staff as Covid-19 cuts domestic flights
(REUTERS) - Qantas Airways is temporarily idling about 2,500 employees without pay for at least two months in a bid...