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News
Next step in sustainability reporting: Make these disclosures useful
9+ hour, 29+ min ago (798+ words) Many reports fall short of providing the very decision-useful information that investors need But while the country has largely settled the question of what companies must report, the challenge now is improving the quality of those disclosures. Acra on Monday…...
CDL Hospitality Trusts posts 8.6% rise in H1 DPS to S$0.0215
42+ min ago (317+ words) Net property income is up 1.8% at S$59.7 million [SINGAPORE] CDL Hospitality Trusts (CDLHT) on Thursday (Jul 30) posted a distribution per stapled security (DPS) of S$0.0215 for the half-year ended Jun 30, up 8.6 per cent on the year from S$0.0198. This was…...
Gold trims gain as Fed holds rates, signals hike support
1+ hour, 32+ min ago (517+ words) The Federal Open Market Committee votes 9 to 3 to hold the benchmark federal funds rate in a range of 3.5 to 3.75% [NEW YORK] Gold pared gains after the Federal Reserve left interest rates unchanged as expected, while signalling that support for higher…...
'He's a brilliant guy': Trump stands by his US Fed pick despite no rate cuts
1+ hour, 47+ min ago (332+ words) Three of US Fed chair Warsh’s new colleagues dissented in favour of a rate hike [WASHINGTON] US President Donald Trump on Wednesday (Jul 29) refused to turn on his “brilliant” hand-picked US central-banker-in-chief despite the fact that US Federal Reserve chairman…...
Vietnam set to widen graft probe of US$16 billion airport project
9+ hour, 53+ min ago (390+ words) A state administrative agency has recommended further investigation into alleged bidding violations at Long Thanh International Airport [HANOI] Vietnam’s Government Inspectorate has recommended further investigation into alleged bidding violations at Long Thanh International Airport, expanding a probe that has already…...
From launch pad to global stage: How entrepreneurship will shape Singapore’s next economic chapter
14+ hour, 20+ min ago (833+ words) As a small and open economy, the Republic’s comparative advantage lies in creating innovative products SINGAPORE’S economic success has been underpinned by our ability to anticipate change and adapt responsively with purpose. From developing into a global trading hub to…...
OCBC to cut wealth onboarding to 15 business days with agentic AI; simple cases in one day
6+ hour, 11+ min ago (643+ words) DBS and UOB say their wealth onboarding can be completed in a week [SINGAPORE] OCBC is looking to cut onboarding time across all its wealth clients to 15 business days using agentic artificial intelligence. Depending on the client profile, straightforward cases…...
Grab to roll out on-demand autonomous vehicle rides in Punggol ahead of Q4 commercial launch
11+ hour, 22+ min ago (475+ words) The pilot will open to trial riders in the coming months before opening to the general public [SINGAPORE] Grab will be launching an on-demand autonomous vehicle (AV) trial in Punggol, the group announced on Wednesday (Jul 29). Under the new pilot,…...
BMW offers buyouts to thousands of German workers to cut costs
14+ hour, 57+ min ago (487+ words) The cuts account for around 8,000 positions globally [BERLIN] BMW is offering voluntary severance packages to thousands of its workers in Germany, as the carmaker tries to become leaner to better compete with rivals from China. The manufacturer expects the departures…...
Digital Core Reit’s H1 DPU flat at US$0.018
10+ hour, 20+ min ago (356+ words) The data centre Reit’s revenue is down 0.4% to US$88.6 million [SINGAPORE] Digital Core Reit ’s distribution per unit stood flat at US$0.018 for its first half ended Jun 30, 2026, unchanged from the year-ago period. Revenue was down 0.4 per cent to US…...