Culture

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...
US dollar gains on yen after consumer price data
[TOKYO] The US dollar gained against the Japanese yen and was little changed against the euro on Tuesday (Jul 15) in choppy trading, after data showed US consumer price...
US: S&P 500, Nasdaq open higher after inflation data; focus on bank earnings
Published Tue, Jul 15, 2025 · 09:43 PM[NEW YORK] The Nasdaq and the S&P 500 opened higher on Tuesday (Jul 15) after fresh inflation data, while banking heavyweights kicked...
SIA, Scoot passenger traffic up 4.5% in June on strong travel demand
[SINGAPORE] Singapore Airlines (SIA) and its low-cost arm Scoot reported a 4.5 per cent year-on-year increase in passenger traffic in June, its operating results showed on Tuesday (Jul 15).It...
Indonesia looking at levy on coal exports to boost state coffers
Prabowo Subianto’s administration has been rolling out an array of revenue-boosting measures to fund the president’s big-ticket spending plansPublished Tue, Jul 15, 2025 · 12:03 PM[JAKARTA] Indonesia, the world’s...
Alibaba to Baidu lead surge in equity-linked bond sales in Asia
[HONG KONG] Asian sales of bonds that can be turned into shares have soared in 2025, heading towards multi-year highs, as interest rates remain elevated and rallying stocks create...