Real Estate
TSMC posts record quarterly profit on AI demand, but cautious on tariff impact
[TAIPEI] Taiwan Semiconductor Manufacturing Co (TSMC), the world’s main producer of advanced artificial intelligence (AI) chips, posted record, forecast-beating quarterly profit on Thursday (Jul 17) but warned that future...
Trek 2000 International divests stake in Terrenus Energy valued at around S$8.2 million
[SINGAPORE] Technology provider Trek 2000 International announced on Thursday (Jul 17) that it will be disposing its 4.3 per cent stake in Terrenus Energy back to the renewable energy...
Latest Singapore six-month T-bill cut-off yield down at 1.79%
This is the ninth consecutive issuance since Mar 26 for which yields have declined[SINGAPORE] The cut-off yield on Singapore’s latest six-month Treasury bill (T-bill) fell to 1.79 per cent,...
Japan’s Sega eyes return to 1990s gaming glory
[TOKYO] The big-screen success of 1990s video game speedster Sonic the Hedgehog has brought new fans to Japan’s Sega, which says it is poised for a comeback after two...
China probes US$100 underwriting fee amid Xi price war clampdown
[BEIJING] China is investigating some of the nation’s top investment banks over bond underwriting fees that hit below US$100, as regulators expanded a crackdown on a long-standing price war...
What is Laopu Gold? Its stock soared 2,000% and now it’s opened a store in Marina Bay Sands
[SINGAPORE] Up-and-coming Chinese jewellery label Laopu Gold has made waves in the past year with both consumers and investors alike. There has been rapidly rising demand for its offerings...
Trump’s trade deal pushes Garuda to learn to love 737 Max again
[JAKARTA] Five months after a Boeing 737 Max aircraft operated by Lion Air crashed into the Java Sea in 2018, Indonesian flag carrier Garuda Indonesia tried to cancel its...
Hong Kong’s US$25 billion pile of soured debt spurs talks to form ‘bad bank’
[HONG KONG] The pile of non-performing loans (NPLs) at Hong Kong lenders has grown so large that some in the industry have discussed the creation of a “bad bank”...
