Culture

HSBC renews hunt for board chairman amid struggle to fill shortlist: FT
July 20, 2025
Published Sun, Jul 20, 2025 · 04:21 PMHSBC is refreshing its search for a new board chairman, the Financial Times reported on Saturday (Jul 19). The development came after...
Aberdeen extends Clint deemed interest to 6%
July 20, 2025
OVER the five trading sessions from Jul 11 to 17, institutions were net buyers of Singapore stocks, with net institutional inflow of S$113 million adding to the S$94 million...
Microsoft to stop using engineers in China for tech support of US military, Hegseth orders review 
July 19, 2025
[SAN FRANCISCO] Microsoft on Friday said it will stop using China-based engineers to provide technical assistance to the US military after a report in investigative journalism outlet ProPublica sparked...
Blackstone drops out of consortium bid for TikTok US: source
July 18, 2025
PRIVATE equity giant Blackstone has withdrawn from a consortium seeking to invest in TikTok’s US operations, a source familiar with the matter told Reuters on Friday.The latest change came...
Oil steadies as mixed US economic and tariff news offset new Russia sanctions
July 18, 2025
[NEW YORK] Crude oil futures were little changed on Friday on mixed US economic and tariff news and worries about oil supplies following the European Union’s latest sanctions against Russia for its war...
US: Stocks mixed as indexes struggle to retain record highs
July 18, 2025
Published Sat, Jul 19, 2025 · 06:09 AM[NEW YORK] Wall Street stocks closed mixed on Friday, with the S&P 500 and Nasdaq struggling to log significant gains as investors awaited further...
US: Wall Street opens higher as investors weigh data, earnings
July 18, 2025
Published Fri, Jul 18, 2025 · 09:43 PM[NEW YORK] Wall Street opened higher on Friday (Jul 18), with investors weighing a week of mixed economic signals and earnings reports,...
Lum Chang Creations’ public offer of 1 million shares 47.3 times oversubscribed
July 18, 2025
[SINGAPORE] Lum Chang Creations (LCC) has drawn strong investor interest for its initial public offering (IPO), with one million offer shares about 47.3 times oversubscribed by retail investors. By...
UOB awarded S$17.7m in civil suit against Lippo Marina Collection over inflated housing loans
July 18, 2025
[SINGAPORE] UOB has been awarded S$17.7 million in claims against Indonesian developer Lippo Marina Collection (LMC) and two property agents, Goh Buck Lim and Aurellia Ho, in a long-running...
RHB Bank’s Singapore unit key to regional growth plan, targets
July 18, 2025
Published Fri, Jul 18, 2025 · 05:34 PM[SINGAPORE] RHB Singapore, part of Malaysia’s fourth-biggest banking group RHB, will be key in driving its regional expansion plans and help meet...
China venture capital funds tap global investors for US$2 billion in comeback
July 18, 2025
[BEIJING] China’s largest venture capital houses are tapping the market for at least US$2 billion in new funds, re-engaging with the country’s startups in a signal of renewed global...
Ultra-rare metal rides AI boom as commodities star performer
July 18, 2025
[SINGAPORE] Thanks to the boom in artificial intelligence (AI), an ultra-rare element you have probably never heard of is one of this year’s best-performing raw materials.Ruthenium, a silvery grey...