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...
Business
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...
Ferrari boss has no fears over electric future
MILAN (REUTERS) - Ferrari, the sports car maker synonymous with roaring petrol engines, welcomes the shift to electric powertrains and...
SPH shares rise following $3.4 billion privatisation offer from Keppel
SINGAPORE - Shares of Singapore Press Holdings (SPH) and Keppel Corporation rose on Tuesday (Aug 3) after the two companies...
Tokyo shows an inflation pulse for the first time in a year
TOKYO (BLOOMBERG) - Tokyo consumer prices unexpectedly rose for the first time in a year, another sign of a recovering...
ADB, Citi, HSBC, Prudential hatch plan for Asian coal-fired closures: Sources
LONDON/MELBOURNE (REUTERS) - Financial firms including British insurer Prudential, lenders Citi and HSBC and BlackRock Real Assets are devising plans...
Priceless? Even Olympic medals can be had for the right price
(NYTIMES) - A silver medal in shooting from the 1900 Olympics in Paris recently sold for a mere US$1,283 (S$1,736)....
South Korea’s inflation quickens as central bank mulls rate hike
(Bloomberg) - South Korea's inflation unexpectedly climbed last month as the central bank prepares to meet on rates amid the...