Fashion
Europe: Automakers propel shares to two-week highs on US-EU trade deal optimism
EUROPEAN shares closed near two-week highs on Wednesday, led by automakers, as investors anticipated a possible agreement between the United States and European Union to soften the blow of growth-denting tariffs.Futures tracking...
SingPost directors quizzed about future strategies and CEO at AGM
[SINGAPORE] National postal service provider Singapore Post’s (SingPost) board was pressed by shareholders at its annual general meeting (AGM) on Wednesday (Jul 23) for more information about the path...
Amazon shuts down Shanghai AI research lab: report
Published Wed, Jul 23, 2025 · 08:49 PMAmazon is shutting down its Shanghai artificial intelligence lab, which was established by its cloud services arm in 2018, the Financial Times...
Mapletree Logistics Trust posts 12.4% fall in Q1 DPU to S$0.01812
The decline is due to the absence of one-off divestment gains and impact of weaker regional currencies [SINGAPORE] Mapletree Logistics Trust’s (MLT) distribution per unit fell 12.4 per cent...
MPACT to dispose two office buildings in Japan for 8.7 billion yen
The move is not expected to have a material impact on the trust’s net asset value as at Mar 31, 2026[SINGAPORE] Mapletree Pan Asia Commercial Trust (MPACT) is divesting...
STI inches up on Wednesday, mirroring regional indices
[SINGAPORE] The Straits Times Index (STI) closed higher on Wednesday (Jul 23), mirroring regional indices.The STI inched up 0.6 per cent or 23.02 points to 4,231.28.Across the broader market,...
Citi targets Middle East ultra-rich with push to hire private bankers
[DUBAI] Citigroup’s private bank is planning a hiring drive for the Middle East region as part of the Wall Street giant’s global expansion of its services to the ultra-wealthy.
James...
Alibaba launches open-source AI coding model, touted as its most advanced to date
The launch comes amid intensifying competition among Chinese technology companies in the global artificial intelligence development racePublished Wed, Jul 23, 2025 · 02:07 PM[BEIJING] Alibaba Group announced on Wednesday...
Starbucks opens free study rooms in China to lure back customers
[BEIJING] Starbucks has launched free “study rooms” in some of its China outlets, the company’s latest initiative to help boost consumer traffic as domestic competition surges in its second-biggest...
Indonesian oil giant Chandra Asri buys 11.9% stake in Hiap Seng Industries; shares up 58.3%
Future partnerships between both companies could be on the horizon, says Hiap Seng Industries [SINGAPORE] Indonesian petrochemical producer Chandra Asri has purchased an 11.9 per cent stake in the...
