News

Weaker US dollar, bond yields lift gold to more than five-week high
[BENGALURU] Gold prices climbed to a more than five-week peak on Wednesday (Jul 23), supported by a softer US dollar and lower Treasury yields as investors looked forward to...
BlackRock restricts use of company devices for China travel
Global banks have scaled back their presence in the world’s second-largest economy in the past few years amid slowing economic growth and escalating trade disputes. Published Wed, Jul 23, 2025...
Japan launches anti-dumping probe into stainless steel sheets from China, Taiwan
Published Wed, Jul 23, 2025 · 08:12 AM[TOKYO] Japan has launched an anti-dumping investigation into nickel-based stainless cold-rolled steel sheets and strips imported from China and Taiwan, its trade...
South-east Asia’s IPO market shows signs of revival after subdued H1
[SINGAPORE] Initial public offering (IPO) activity across South-east Asia remained subdued in the first half of 2025 amid ongoing geopolitical and macroeconomic uncertainty, but market observers say signs of...
SAP reports cloud growth that falls short of expectations
[BERLIN] SAP reported quarterly cloud and software sales that fell just short of estimates as tariff insecurities weighed on Europe’s most valuable company.Cloud and software revenue increased 11 per...
Microsoft offers some salespeople extra pay following layoffs
In recent months, the company has terminated some 15,000 people in two rounds of major layoffs Published Wed, Jul 23, 2025 · 06:14 AM[NEW YORK] Microsoft, fresh off a...
Commentary: 3 things that should scare us about Trump’s fake video of Obama
On Sunday, our thoughtful and reserved president reposted on his Truth Social site a video generated by artificial intelligence that falsely showed former President Obama being arrested and imprisoned....
US: Wall St opens muted with corporate earnings, trade talks in focus
Published Tue, Jul 22, 2025 · 09:44 PM[NEW YORK] Wall Street opened flat on Tuesday (Jul 22) as investors weighed signs of potential trade deals between the US and...
DFI Retail Group posts 38.9% rise in H1 underlying profit, pays special dividend of US$0.443 a share
[SINGAPORE] Supermarket and retail store operator DFI Retail Group’s underlying profit rose 38.9 per cent to US$105 million for the first half ended Jun 30, from US$75.6 million in...
Microsoft rushes to stop hackers from wreaking global havoc
[WASHINGTON ]Hackers exploited a security flaw in common Microsoft software to breach governments, businesses and other organisations across the globe and steal sensitive information, according to officials and cybersecurity...
Chinese investors snap up Hong Kong stocks as flows near record
The accelerated buying comes as the Hang Seng China Enterprises Index has gained 24% this yearPublished Tue, Jul 22, 2025 · 05:36 PM[HONG KONG] Mainland Chinese investors’ purchase of...
Julius Baer’s first-half profit falls 35% on loan provisions, Brazil unit sale
Published Tue, Jul 22, 2025 · 03:03 PM[BERN] Swiss bank Julius Baer posted a first-half profit of 295 million francs (S$473.5 million) on Tuesday (Jul 22), down 35 per...