Culture

‘Undervalued’ CapitaLand Ascott Trust presses on with diversification for stability and growth
[SINGAPORE] The share price of CapitaLand Ascott Trust (Clas) – the largest lodging trust in the Asia-Pacific by total assets – is undervalued, said Serena Teo, the chief executive...
Retail S-Reits see lower cost of debt and positive rental reversions as retail sales improve
[singapore] Seven Singapore-listed real estate investment trusts (S-Reits) with local retail assets have posted mixed results in revenue and net property income. Retail S-Reits’ debt costs fell with lower...
Meta to add new AI safeguards after Reuters report raises teen safety concerns
Published Sat, Aug 30, 2025 · 08:45 AMMETA is adding new teenager safeguards to its artificial intelligence (AI) products by training systems to avoid flirty conversations and discussions of...
WhatsApp finds new hacking campaign targeting fewer than 200 people
Published Sat, Aug 30, 2025 · 07:28 AM[WASHINGTON] WhatsApp said Friday (Aug 29) it discovered an advanced cyberespionage effort that took advantage of a chain of security vulnerabilities in...
US: Stocks close lower ahead of long weekend
Published Sat, Aug 30, 2025 · 06:19 AM[NEW YORK] Wall Street stocks fell on Friday (Aug 29) heading into a long weekend, with key employment data due next week...
Europe: Shares post first weekly loss in four as banks weigh
[BENGALURU] European shares closed lower on Friday (29 Aug), hitting their lowest in over two weeks, weighed down by British banks, while investors assessed economic data in the US...
IHH Healthcare Q2 net profit falls 28.9% on higher staff costs
[SINGAPORE] Integrated healthcare provider IHH Healthcare posted a 28.9 per cent drop in net profit to RM443 million (S$134.7 million) for its second quarter ended Jun 30, 2025, from...
Jack Ma-backed Ant’s profit dives 60% after AI, global expansion
ANT Group’s quarterly profit fell 60 per cent, after the Chinese digital payments giant made more inroads overseas and invested in artificial intelligence (AI) to grow its revenue. The Hangzhou-based...
Alibaba falls short of Q1 revenue estimates
It reported total revenue of 247.65 billion yuan in the first quarter ended June, compared with an estimate of 252.92 billion yuanPublished Fri, Aug 29, 2025 · 06:16 PM[BEIJING]...
Thailand’s 1.47t baht fund sees gold, equities boosting returns
Published Fri, Aug 29, 2025 · 05:45 PMTHAILAND’S Government Pension Fund (GPF) expects gold, commodities and a rally in global equities to drive a recovery in its returns after...
Forever 21 looks to resurrect China, North America business with new partners
[SHANGHAI] Fast fashion brand Forever 21 is making its fourth run at the Chinese market, having previously entered and exited the world’s second-largest economy three times since 2008.Also in...
Aims Apac Reit to acquire two industrial buildings in Aljunied for S$56.7 million
[SINGAPORE] Aims Apac Reit is proposing to acquire an industrial property, comprising two buildings in the Aljunied area, for around S$56.7 million, the manager announced on Friday (Aug 29)....