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Wilmar H1 profit rises 5.2% to US$579.6 million on better feed, industrial and food products performance
AGRIBUSINESS Wilmar International on Tuesday (Aug 13) reported a net profit of US$579.6 million for the first half ended Jun 30, up 5.2 per cent from US$550.9 million in...
IEA trims 2025 oil demand outlook as China offsets global gains
THE International Energy Agency (IEA) kept its 2024 global oil demand growth forecast unchanged on Tuesday (Aug 13) but trimmed its 2025 estimate, citing the impact of a weakened...
Traders hope Alphabet’s pixel event can stem US$360 billion rout
Alphabet Inc investors are anxiously awaiting a Google hardware event on Tuesday (Aug 13) – banking on new AI features to help stop a selloff that’s wiped out more...
DBS launches blockchain-powered treasury tokens pilot for 24/7 treasury and liquidity management
DBS on Tuesday (Aug 13) announced the pilot launch of its blockchain-powered treasury tokens, in a tie-up with digital payment and financial services provider Ant International. The treasury tokens,...
Hot stock: Yangzijiang Shipbuilding up 15% on robust H1 earnings
Revenue is up 15.3 per cent to 13 billion yuan, mainly due to the strong performance of its shipbuilding business, which makes up 95 per cent of total revenueSHARES...
ESR-Logos Reit prices S$100 million perpetual capital securities at 6%
ESR-Logos Real Estate Investment Trust (Reit) priced S$100 million perpetual capital securities at 6 per cent, said its manager on Tuesday (Aug 13). This is in addition to the...
SpaceX plans crewed mission to observe Earth’s polar areas
SPACEX plans to launch its sixth commercial crewed mission to orbit as soon as late 2024, sending a four-person team of civilian astronauts to fly over the polar regions...