Woman and daughter die after falling off Pulau Ketam jetty
The incident was believed to have taken place after 6am, according to reports in Chinese press.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Straits Times
2 minutes ago
- Straits Times
Yangzijiang Shipbuilding shares surge 11% on record first-half earnings
Sign up now: Get ST's newsletters delivered to your inbox Yangzijiang Shipbuilding saw a 36,7 per cent jump in net profit to 4.18 billion yuan (S$748 million) for the six months to June 30. SINGAPORE - Shares of Yangzijiang Shipbuilding soared on Aug 7, after the mainboard-listed company posted a record net profit for the first half of 2025. The stock rallied as much as 11 per cent to $2.92 after its results announcement, and was up 7.6 per cent at $2.83 at the midday trading break. A hefty 69.2 million shares changed hands. Yangzijiang saw a 36,7 per cent jump in net profit to 4.18 billion yuan (S$748 million) for the six months ended June 30, from 3.06 billion yuan in the year-ago period. This was despite a 1.3 per cent dip in first half revenue to 12.88 billion yuan, the company reported b efore the market opened on Aug 7 . The decline in revenue was mainly due to lower contributions from the shipbuilding segment, as the group has begun constructing oil tankers, which it said 'carry a lower average unit price than container ships'. Revenue from the shipping segment also fell 15.4 per cent year on year to 511.4 million yuan, following a drop in charter rates. But revenue from its other businesses - including trading, ship design services and investment properties - climbed 153.2 per cent year on year to 117.1 million yuan in the first half of FY2025. Top stories Swipe. Select. Stay informed. Singapore Some ageing condos in Singapore struggle with failing infrastructure, inadequate sinking funds Singapore PUB investigating wastewater discharge in Eunos: Pritam Singapore Water gel guns among newer tools NParks uses to manage monkeys in estates World Trump eyes 100% chips tariff, but 0% for US investors like Apple World Trump's 100% semiconductor tariffs may hit chipmakers in Singapore, other SEA nations Singapore Afraid of small talk? Scared to make a phone call? How social skills workshops are helping young people Singapore ST and Uniqlo launch design contest for Singapore stories T-shirt collection Business DBS shares hit record-high after Q2 profit beats forecast on strong wealth fees, trading income Contributions from Yangzijiang's associated companies and joint ventures rose 79 per cent year on year to 481.4 million yuan. This included 320 million yuan from Yangzi-Mitsui Shipbuilding, and 160 million yuan from Tsuneishi Zhoushan, in which the group completed a capital injection for a 34 per cent stake in the first quarter of 2025. Looking ahead, the company said the shipbuilding industry faces macroeconomic uncertainties and geopolitical tensions in the near term. Global shipbuilding contracted 54 per cent year on year in the first half of 2025, primarily due to growing concerns over the impact of the US tariffs on global trade volumes. Additionally, proposed US port fees have prompted shipowners to seek alternatives, though limited capacity outside China remains a constraint, the Chinese shipbuilder said. Yangzijiang, however, remains 'cautiously optimistic', given its outstanding orderbook. During the first half year, the group secured contracts amounting to US$537.2 million (S$640.5 million) for 14 vessels, with about 85 per cent for container ships. This raised the group's total outstanding order book to US$23.2 billion for delivery through 2029 and beyond. It expects improved market sentiment and clearer tariff progression in the second half of 2025 to support new orders, and is confident of filling its remaining delivery slots for 2028 and 2029, which largely comprise small to mid-sized vessels.
Indian Express
3 minutes ago
- Indian Express
Trump announces $100 billion new investment pledge from Apple
President Donald Trump announced on Wednesday that Apple will invest an additional $100 billion in the United States, a move that could help it sidestep potential tariffs on iPhones. The new pledge raises Apple's total domestic investment commitment in the U.S. to $600 billion over the next four years. Earlier this year, the company announced it would invest $500 billion and hire 20,000 workers across the country in that period. The announcement centers on expanding Apple's supply chain and advanced manufacturing footprint in the U.S., but still falls short of Trump's demand that Apple begin making iPhones domestically. 'Companies like Apple, they're coming home. They're all coming home,' Trump told reporters in the Oval Office, moments after Apple CEO Tim Cook gave him a U.S.-made souvenir with a 24-karat gold base. 'This is a significant step toward the ultimate goal of ensuring that iPhones sold in America also are made in America,' Trump added. Asked if Apple could eventually build entire iPhones in the U.S., Cook noted that many components such as semiconductors, glass and Face ID modules are already made domestically, but said that final assembly will remain overseas 'for a while.' While the investment pledge is significant, analysts say the numbers align with Apple's typical spending patterns and echo commitments made during both the Biden administration and Trump's previous term. In May, Trump had threatened Apple with a 25% tariff on products manufactured overseas, a sharp reversal from earlier policy when his administration had exempted smartphones, computers and other electronics from rounds of tariffs on Chinese imports. Trump's effort to reshape global trade through tariffs cost Apple $800 million in the June quarter. 'Today is a good step in the right direction for Apple, and it helps get on Trump's good side after what appears to be a tension-filled few months in the eyes of the Street between the White House and Apple,' said Daniel Ives, an analyst with Wedbush Securities. 'A SAVVY SOLUTION' Apple has a mixed track record when it comes to following through on investment promises. In 2019, for instance, Cook toured a Texas factory with Trump that was promoted as a new manufacturing site. But the facility had been producing Apple computers since 2013 and Apple has since moved that production to Thailand. Apple continues to manufacture most of its products, including iPhones and iPads, in Asia, primarily in China, although it has shifted some production to Vietnam, Thailand and India in recent years. Despite political pressure, analysts widely agree that building iPhones in the U.S. remains unrealistic due to labor costs and the complexity of the global supply chain. 'The announcement is a savvy solution to the president's demand that Apple manufacture all iPhones in the U.S.,' said Nancy Tengler, CEO and CIO of Laffer Tengler Investments, which holds Apple shares. Partners on Apple's latest U.S. investment effort include specialty glass maker Corning, semiconductor manufacturing equipment supplier Applied Materials, and chipmakers Texas Instruments, GlobalFoundries, Broadcom and Samsung. Apple said Samsung will supply chips from its production plant in Texas for its products including iPhones, while GlobalWafers said it would be supplying 300mm silicon wafers from its Texas plant. Apple shares closed up 5% on Wednesday. Shares of Corning rose nearly 4% in extended trading, while Applied Materials gained almost 2%.
Indian Express
3 minutes ago
- Indian Express
Top 10 most valuable food brands in 2025: THIS Indian brand ranks #14 in value and #2 in strength globally
Top 10 Most Valuable Global Food Brands in 2025: As the food and beverage (F&B) industry rapidly evolves with ever-changing consumer preferences, health consciousness, and growing demand for convenience, Brand Finance's latest Food & Drink 2025 report revealed the top 100 food brands in the world. Together, the top 100 F&B brands hold a collective brand value of USD 250.8 billion in 2025, with the top 10 alone contributing over 35 per cent, a combined USD 88.4 billion. Nestlé has retained its position as the world's most valuable food brand for the tenth consecutive year, with a brand value of USD 19.97 billion. Swiss chocolatier Lindt registered a 14 per cent increase in brand value (USD 4.9 billion), entering the global top 10 list for the first time. It has also been ranked among the six strongest food brands, emerging as a 'brand to watch' in 2025. Chinese dairy giant Yili, with a brand value of USD 11.2 billion, ranks third globally and continues to hold the title of the world's most valuable dairy brand for the sixth year in a row. Taiwan's Uni-President and Italy's Barilla rose to #8 and #9, respectively, driven by a 35 per cent and 21 per cent increase in brand value this year. Source: Brand Finance Food & Drink 2025 India's Amul, the world's largest dairy cooperative, recorded a 24 per cent surge in brand value in 2025, reaching USD 4.1 billion. This propelled Amul from #22 last year to #14 on the list of most valuable global food brands. It also secured the #5 spot among the world's most valuable dairy brands. In terms of brand strength, Amul made an even bigger leap, now ranked the second strongest food brand globally, with a Brand Strength Index (BSI) score of 91.2 out of 100. Cherry Gupta is an Assistant Manager – Content at The Indian Express. She leads the Top 10 section, curating list-based features on key national and international developments, and manages daily news content. She also produces SEO-driven articles and collaborates with the Lifestyle team to conduct interviews with notable artists and write workplace culture features. ... Read More
