Business Times

AEM’s H1 net profit rises 10 times to S$30.8 million on stronger AI chip demand

[SINGAPORE] Semiconductor test-equipment maker AEM posted a net profit of S$31 million for the half year ended Jun 30, up from S$3.1 million in the previous corresponding period, on the back of ...
The Business Times

UOL H1 net profit rises 23% to S$252.2 million on joint venture profits

[SINGAPORE] Property developer UOL Group : U14 +2.42% posted a 23 per cent year-on-year increase in net profit to S$252.2 ...
Business Times

Centurion H1 net profit drops 64% to S$26.5 million

[SINGAPORE] Centurion Corporation reported a 64 per cent drop in net profit for its first half ended Jun 30, falling to S$26.5 million from S$73.9 million in the corresponding year-ago period. This ...
The Business Times

STI could hit 7,000 in bull case over next 12 months: JPMorgan

Singapore stocks have been on a tear in 2026, buoyed by demand for a haven from geopolitical tensions and AI-driven ...
Business Times

Singapore shares fall as STI sheds 0.6% on bank losses

[SINGAPORE] Singapore stocks ended lower on Wednesday (Aug 12). The benchmark Straits Times Index (STI) lost 0.6 per cent or 33.42 points to finish at 5,720.75. UOL Group led the gainers on ...
Business Times

Global 2026 oil supply shortfall to deepen as Hormuz reopening remains elusive

[LONDON] Global oil supply will fall by 4.3 million barrels per day, or around 4 per cent, this year, the International Energy Agency said on Wednesday (Aug 12), as renewed hostilities in the Middle ...
Business Times

SGX securities trading value for July rises 37% year on year to S$46.2 billion

[SINGAPORE] The Singapore Exchange ’s securities market turnover rose 37 per cent year on year in July to S$46.2 billion, a bourse filing on Wednesday (Aug 12) said. The securities daily average value ...
Business Times

S&P 500, Nasdaq open higher after inflation data, earnings boost

[NEW YORK] The S&P 500 and the Nasdaq opened higher on Wednesday (Aug 12) as investors assessed largely in-line inflation data, while upbeat earnings from some AI infrastructure companies provided ...
Business Times

UltraGreen.ai net profit rises 53% to US$39.2 million in H1, led by higher sales growth

[SINGAPORE] UltraGreen.ai, which develops fluorescence-guided surgery technology and supplies indocyanine green (ICG) dyes, posted a 53 per cent rise in net profit to US$39.2 million for the six ...
Business Times

India's Tata Motors posts 8.3% quarterly profit rise on higher demand

[NEW DELHI] Tata Motors reported an 8.3 per cent increase in quarterly profit on Wednesday (Aug 12), aided by demand from infrastructure, logistics and freight customers, which helped counter an ...
Business Times

Switzerland launches consultation on stricter bonus rules for banks

[ZURICH] Switzerland launched a public consultation on Wednesday (Aug 12) on tougher banking regulations that would include stricter rules on bonuses at UBS in a bid to boost financial stability ...
Business Times

Dollar ticks up on Iran tension, with US data in focus

[LONDON] The dollar ticked higher on Wednesday (Aug 12), underpinned by renewed Gulf tensions, with markets focused on upcoming US economic data for signals on the Fed’s policy trajectory. Oil prices ...