Lifestyle
DHL beats expectations on Q2 sales and profit
GERMAN logistics giant DHL reported second-quarter revenue and earnings slightly above expectations on Thursday (Aug 1) as air and ocean freight volumes showed modest improvements from a low starting...
SK Innovation sees strong refining margins; battery unit keeps break-even target
SK INNOVATION said on Thursday (Aug 1) it expects strong oil refining margins in the second half of the year as Opec+ production cuts buoy prices and the peak...
Big tech beats Bitcoin as unwinding Donald Trump trade weighs on token
BITCOIN missed out on a cross-asset rally stoked by dovish Federal Reserve comments as a tightening US election race casts doubt on whether Donald Trump will get the chance...
Keppel to acquire Chennai office complex for 22 billion rupees
KEPPEL has agreed to acquire a 100 per cent stake in freehold office complex One Paramount in Chennai, India for 22 billion rupees (S$351.1 million), the global asset manager...
PBOC to change one-year loan operation date in policy shift
CHINA’S central bank is planning to move the date on which it injects one-year liquidity to domestic lenders to the 25th of each month, according to sources familiar with...
Gold scales two-week high as Fed nods to likely Sept rate cut
GOLD prices climbed to a two-week high on Thursday (Aug 1) as US Federal Reserve chair Jerome Powell opened the door to cutting interest rates as early as September.Spot...
Singapore shares fall at Thursday’s open; STI down 0.4%
SINGAPORE shares opened lower on Thursday (Aug 1) morning, despite US and Europe indices rallying overnight. The Straits Times Index (STI) fell 0.4 per cent or 12.45 points to...
Keppel H1 profit from continuing operations up 7% at S$513 million
Its board of directors is proposing a tax exempt one-tier interim cash dividend of S$0.15 per shareKEPPEL posted a 7 per cent increase in net profit to S$513 million...
