Culture
US: S&P 500, Nasdaq end at record highs after solid retail data
[NEW YORK] Wall Street stocks rose to fresh record highs on Thursday (Jul 16) as markets focused on solid US retail sales data and corporate earnings rather than lingering...
China’s WeRide secures LTA approval to run driverless bus without safety officer in Sentosa
[SINGAPORE] China-based WeRide has secured approval from Singapore’s Land Transport Authority (LTA) to operate a driverless bus in Sentosa without an on-board safety officer.This will be the first autonomous...
India’s private market boom set to continue, as investors keep shunning China
[SINGAPORE] A surge in the value of private equity (PE) deals signed in India in the first half of this year, coupled with the inking of the country’s biggest...
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...
Gold dips as US dollar firms, Trump’s Powell remarks ease market jitters
Published Thu, Jul 17, 2025 · 10:22 AM[BENGALURU] Gold prices dipped in early Asian trade on Thursday (Jul 17), pressured by a firmer US dollar and easing market tensions...
mm2 Asia seeks to delay S$54 million bond repayment by six years
[SINGAPORE] Embattled entertainment group mm2 Asia has proposed to amend a S$54 million-bond deal that was set for redemption in December.In a non-binding memorandum of understanding with its bondholder,...
HRnetGroup appoints 10 new business leader co-owners
[SINGAPORE] HRnetGroup has appointed 10 new business leader co-owners, following the retirement and departure of certain leaders, to bring its total number of co-owners to 45. This is part...
Schneider in talks to buy Temasek’s stake in Indian JV
A potential transaction could value the whole venture at roughly US$5 billion including debtPublished Wed, Jul 16, 2025 · 06:51 PM[NEW DELHI] Schneider Electric is considering buying out the...
ASML orders beat expectations after AI spending fuels demand
[LONDON] ASML Holding’s orders in the second quarter beat estimates after the artificial intelligence (AI) boom drove demand for its sophisticated chip-making machines, even as chief executive officer Christophe...
Senior Fed official says it will take until autumn to see tariffs’ inflation effect
Published Wed, Jul 16, 2025 · 08:48 AMDALLAS Federal Reserve Bank President Lorie Logan said on Tuesday (Jul 15) that she expects it will take until the fall to...
