Technology

China shuns low-grade coal from Indonesia as imports collapse
China shuns low-grade coal from Indonesia as imports collapse
[BEIJING] Indonesia bore the brunt of a sharp fall in China’s coal imports last month, underscoring how Chinese power plants have shifted away from lower-quality fuel due to persistent...
Weaker US dollar, bond yields lift gold to more than five-week high
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...
Stocks to watch: SIA Engineering, SingPost, DFI Retail Group, Aztech Global, HPH Trust
Stocks to watch: SIA Engineering, SingPost, DFI Retail Group, Aztech Global, HPH Trust
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Wednesday (Jul 23):SIA Engineering: The aircraft maintenance provider on Tuesday reported a net profit...
South-east Asia’s IPO market shows signs of revival after subdued H1
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...
Oil prices fall as key trade talks falter ahead of tariff deadline
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...
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....
Stocks to watch: SIA Engineering, SingPost, DFI Retail Group, Aztech Global, HPH Trust
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...
Aztech Global H1 net profit drops 65.5% to S.1 million on subdued customer demand
Aztech Global H1 net profit drops 65.5% to S$16.1 million on subdued customer demand
[SINGAPORE] Aztech Global’s net profit plunged 65.5 per cent to S$16.1 million, from S$46.7 million, for the first half ended Jun 30, 2025. Similarly, revenue declined by 50.3 per...
HPH Trust records unchanged H1 DPU of HKalt=
HPH Trust records unchanged H1 DPU of HK$0.05 despite higher profit
[SINGAPORE] Hutchison Port Holdings (HPH) Trust reported a distribution per unit of HK$0.05 for the first half ended Jun 30, 2025, unchanged from the corresponding year-ago period. This was...
Thailand’s tourism slump and household debt weigh on its lenders
Thailand’s tourism slump and household debt weigh on its lenders
[BANGKOK] Thailand’s banks are grappling with weak lending amid high household debt, slowing tourism and sluggish consumer spending that risk dampening their outlook for the rest of the year. The...