Technology

Heineken raises guidance despite first-half miss and impairment
Heineken raises guidance despite first-half miss and impairment
Dutch brewer Heineken raised its full-year profit guidance on Monday (Jul 29) despite missing half-year estimates and taking a US$949 million impairment.The maker of Europe’s top-selling lager reported a...
GoTo launches ‘buy now, pay later’ service on TikTok’s ShopTokopedia
GoTo launches ‘buy now, pay later’ service on TikTok’s ShopTokopedia
The instalment payment method offers a credit limit of up to 10 million rupiah with flexible tenor optionsINDONESIAN digital ecosystem GoTo Group, in a tie-up with TikTok, has provided...
China Evergrande’s EV arm drops after creditors seek bankruptcy proceedings for units
China Evergrande’s EV arm drops after creditors seek bankruptcy proceedings for units
SHARES of China Evergrande New Energy Vehicle fell 7 per cent in Monday (Jul 29) morning trade after individual creditors of two of its units sought court approval for...
Indonesia’s big coal firms overlooking methane emissions: report
Indonesia’s big coal firms overlooking methane emissions: report
COAL firms in major CO2 emitter Indonesia are overlooking planet-warming methane emissions, obscuring the full environmental impact of their operations, according to a report published on Monday (Jul 29).Methane...
Hot stock: Seatrium up as much as 9.3% after H1 profit guidance 
Hot stock: Seatrium up as much as 9.3% after H1 profit guidance 
The offshore and marine specialist expects a net profit for the first half of its financial yearSHARES of Seatrium surged on Monday (Jul 29) in early trade, following the...
Singapore shares open higher on Monday; STI up 0.7%
Singapore shares open higher on Monday; STI up 0.7%
SINGAPORE stocks started trading in the positive territory on Monday (Jul 29) after global equities ended higher last week. As at 9.01 am, the Straits Times Index (STI) opened...
Stocks to watch: Keppel Infrastructure Trust, SIA Engineering, Parkway Life Reit, Seatrium, Raffles Medical
Stocks to watch: Keppel Infrastructure Trust, SIA Engineering, Parkway Life Reit, Seatrium, Raffles Medical
THE following companies saw new developments that may affect trading of their securities on Monday (Jul 29): Keppel Infrastructure Trust (KIT): The trust reversed into the red with a...
Donald Trump cites China competition in vowing to create Bitcoin ‘stockpile’
Donald Trump cites China competition in vowing to create Bitcoin ‘stockpile’
REPUBLICAN presidential candidate Donald Trump told a Bitcoin conference on Saturday (Jul 27) that the US must dominate the sector or China would, his latest move to court advocates...
Fidelity, Nomura line up bids for Ola Electric’s India IPO: sources
Fidelity, Nomura line up bids for Ola Electric’s India IPO: sources
SOFTBANK-BACKED Indian e-scooter maker Ola Electric’s initial public offering (IPO) is set to draw investor bids from Fidelity, Nomura and Norway’s Norges Bank, as well as several Indian mutual...
Fundamentals back bullish narrative for gold
Fundamentals back bullish narrative for gold
Last week, gold embarked on another exhilarating climb, riding the momentum of a remarkable pullback in the US dollar. Gold’s surge in 2024 can be attributed to its role...