Culture

SingPost names Teo Swee Lian as chairman-designate; Simon Israel to retire after 9 years at helm
She will assume the role at the conclusion of the postal services provider’s next annual general meeting[SINGAPORE] Singapore Post (SingPost) has appointed Teo Swee Lian, 65, to the board...
Monetary Authority of Singapore MD says US$ assets irreplaceable
Factors that the market are paying attention to include any prospect for slower growth and higher inflation in America as well as cues on its fiscal trajectory and policies...
CapitaLand Investment launches 5 billion yuan China fund
[SINGAPORE] CapitaLand Investment (CLI) on Wednesday (May 21) announced the launch of its first onshore master fund in China, the CLI RMB Master Fund, with a total equity commitment...
Stocks to watch: CapitaLand Investment, CDL, SingPost, SIA Engineering, Delfi, SLB, Dasin Retail Trust
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Wednesday (May 21). CapitaLand Investment (CLI): The global real asset manager on Wednesday announced...
US sets the stage for duties on battery materials from China
Published Wed, May 21, 2025 · 08:09 AM[NEW YORK] The US Commerce Department set the stage for anti-subsidy duties on imports of key battery components from China, after concluding...
Maybank Securities positive on MAS equities review given niche in mid-cap players: CEO Aditya Laroia
[SINGAPORE] The Singapore government’s attempt to revive its local stock market is a much-needed move to boost Singapore’s financial hub status, and is already showing early signs of positive...
Chanel profit tumbles as luxury industry downturn hits sales
[PARIS] Chanel profit plunged last year as the closely held company splurged on expanding its retail network and marketing to remain visible amid a luxury industry downturn. Operating profit...
Europe: Shares close near nine-week high, powered by utility, telecom stocks
[BENGALURU] European stocks closed at near nine-week highs on Tuesday (May 20) with utilities and telecom firms leading gains, while some positive corporate earnings also bolstered sentiment.The pan-European Stoxx...
Musk will reduce political spending, committed to being Tesla CEO in 5 years’ time
[DOHA] Elon Musk said he plans to significantly cut political spending and is committed to staying on as Tesla’s CEO for another five years, aiming to address concerns about...
US: Wall St opens lower ahead of Fed commentary
Published Tue, May 20, 2025 · 09:48 PM[NEW YORK] Wall Street’s main indexes opened lower on Tuesday (May 20) as investors awaited commentary from Federal Reserve officials through the...
BMW to buy back more shares worth up to 2 billion euros
Published Tue, May 20, 2025 · 09:42 PM[BERLIN] BMW is buying back as much as 2 billion euros (S$2.9 billion) of stock starting this month.The carmaker’s management board approved...
Delfi’s Q1 Ebitda down 27.2% on weaker regional currencies, trade tensions
[SINGAPORE] Chocolate confectioner Delfi ran up a 27.2 per cent drop in earnings before interest, taxes, depreciation and amortisation (Ebitda) to US$17 million in the first quarter ended Mar...