U.S. stocks fall after Iran says Strait of Hormuz will remain shut
Analysts remain split on the short-term outlook for inflation and rates.
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US stocks mostly up after data shows slightly lower inflation in July
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CDL H1 profit jumps three times to S$301 million on strong condo sales, doubles interim dividend
S$0.06-a-share-dividend comes on 61% surge in revenue to S$2.72 billion
- CDL's first half net profit jumps threefold to S$301.6 million
- Lumina Grand condominium's revenue and profit recognized fully
- CDL doubles interim dividend to S$0.06 per share
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ST Engineering H1 net profit rises 27.1% to S$512.1 million on strong segment growth
An interim dividend of S$0.05 per share was declared for the second quarter
- ST Engineering's H1 net profit rose 27.1% to S$512.1 million.
- Revenue increased 11.1% to S$6.57 billion, up from S$5.92 billion.
- Interim dividend increased to S$0.05 per share, payable on September 4.
