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RBA seen cutting three more times by early 2026, matching market
[SYDNEY] Economists expect Australia’s central bank will deliver three more interest-rate cuts by early 2026, up from two seen previously, bringing their outlook into line with money market pricing....
Shares in Japanese, South Korean automakers surge on Tokyo trade deal
[TOKYO] Japanese automakers led a surge in the Nikkei share average to a one-year peak on Wednesday (Jul 23) after Tokyo reached a trade deal with Washington, ending a...
Vietnam stocks near record on reform hopes, trade deal optimism
[SINGAPORE] Vietnam’s stock benchmark is closing in on a record high, fuelled by optimism over sweeping political reforms and clarity on a trade deal with the US.The government is...
BYD’s Pakistan JV sees government support as critical for EVs
The company is looking to the country to help it continue to grow even as its monthly sales have stagnated recently in China Published Wed, Jul 23, 2025 ·...
MAS’ S$5 billion investment fund set to lift undervalued, small-cap stocks: analysts
[SINGAPORE] Market reaction to the appointment of the first three asset managers to tap Singapore’s S$5 billion Equity Market Development Programme (EQDP) on Monday (Jul 21) has been largely...
Oil prices fall as key trade talks falter ahead of tariff deadline
[NEW YORK] Oil prices fell on Tuesday for a third consecutive session, as hopes faded for a trade deal between the US and Europe, feeding fears of an economic slowdown in...
SingPost divests freight forwarding business Famous Holdings for S$177.9 million
[SINGAPORE] Singapore Post (SingPost) has divested its entire freight forwarding business, Famous Holdings, for about S$177.9 million.The sale resulted in an estimated realised gain on disposal of S$10.5 million...
Lockheed Martin’s Q2 profit plummets on US$1.6 billion charge
[WASHINGTON] Lockheed Martin reported on Tuesday (Jul 22) that its second-quarter profit plunged by about 80 per cent, after the US defence giant recorded pre-tax losses of US$1.6 billion,...
STI ends Tuesday flat as regional indices close mixed
[SINGAPORE] The Straits Times Index (STI) closed flat on Tuesday (Jul 22) as regional indices showed mixed performances. The STI gained 0.03 per cent or 1.13 points to 4,208.26....
UK inks investment deals on £38 billion Sizewell C nuclear plant
[LONDON] The UK announced final approval for the Sizewell C nuclear power plant after securing private investment in the £38 billion (S$65.7 billion) project that will help advance the...
