Business
Singapore shares settle higher on Thursday; STI extends rally, up 1.6%
The benchmark index’s gains mirror major regional indices, such as the Kospi, which rose 0.9% The Straits Times Index (STI) continued to…
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Business
Hong Kong stocks drop on trade war anxiety, China inches higher
Hong Kong shares fell on Wednesday (Apr 16), dragged by technology stocks, after the US restricted Nvidia chip sales to China, raising…
Business
US: Wall Street opens slightly higher as investors assess possible tariff exemptions
Street’s main indices edged up at the open on Tuesday (Apr 15), as investors assessed the possibility of tariff relief for the auto sector…
Business
Sinarmas Land’s H2 net profit drops 5.5% to S$154 million on lower revenue, higher costs
Sinarmas Land reported a 5.5 per cent drop in net profit to S$154 million for the half-year ended Dec 31, 2024, from S$163 million in the…
Business
Sabana Reit reports 26.5% higher Q1 DPU at S$0.0086 on 22% higher NPI
Sabana Industrial Real Estate Investment Trust (Sabana Reit) posted a distribution per unit (DPU) of S$0.0086 for the quarter ended Mar…
News
Gold edges higher as markets grapple with tariff uncertainty
Gold prices edged up on Tuesday (Apr 15) amid continued uncertainty over US President Donald Trump’s tariff plans and their impact on the…
Business
New Zealand central banker says inflation hit from higher tariffs ‘more ambiguous’
Since the start of April, global markets have been rocked by volatility, while policymakers have been grappling with heightened recession…
Business
US: Nasdaq leads Wall Street higher at open after tariff break for electronics
Wall Street’s main indexes leapt at the open on Monday (Apr 14), with the tech-heavy Nasdaq up over 2 per cent, as investors welcomed the…
Business
Singapore shares and STI close higher on Monday, mirroring regional indices
Across the broader market, advancers outnumber decliners 377 to 181 after 1.1 billion shares worth S$1.4 billion change hands The Straits…
Business
US: Wall Street ends whipsaw week higher as Fed comments soothe market
Wall Street posted solid gains on Friday (Apr 11) as big banks kicked off first-quarter earnings season and investors closed the book on a…
Business
Tokyo: Nikkei stocks index closes 9.1% higher
Tokyo’s benchmark Nikkei index ended more than nine per cent higher on Thursday (Apr 10) after US President Donald Trump’s stunning…
Business
Asia: Stocks crack higher as Trump delays painful tariffs
Asian stocks rocketed on Thursday as investors breathed a huge sigh of relief after Donald Trump announced a pause on crippling tariffs on…
News
Republicans mull higher taxes on wealthiest Americans to pay for other cuts
Republicans are discussing whether to raise the top individual tax rate or create a new bracket for millionaires and billionaires to help…
Business
US: Wall Street opens sharply higher on hopes of tariff talks
Wall Street’s main indexes opened sharply higher on Tuesday (Apr 8) after a bruising selloff that has wiped out trillions of dollars since…
Business
Tokyo: Nikkei ends 6% higher on market recovery hopes
Japan’s Nikkei share average closed 6 per cent higher on Tuesday (Apr 8), recovering from a 1½ -year low hit in the previous session, as…
Business
Fed’s Powell says larger-than-expected tariffs mean higher inflation, slower growth
US President Donald Trump’s new tariffs are “larger than expected” and the economic fallout including higher inflation and slower growth…
Business
ExxonMobil signals higher oil, gas prices will help boost Q1 profit
EXXONMOBIL signalled on Thursday that higher crude oil and natural gas prices as well as stronger oil refining margins will help lift its…
News
Trump tariffs push gold even higher; fears yet fully materialised, say market watchers
Despite earlier expectations of US President Donald Trump’s reciprocal tariffs, investors were caught off guard by the scale and rationale…
Culture
Insurers brush off impact of higher MediShield Life premiums
Changes to MediShield Life, which kick in on Tuesday (Apr 1), may place some strain on insurance players who offer the associated…
Business
Retail investors likely to face higher fees and less transparency in private market funds
Market players welcome MAS’ proposal to broaden access to private assets, caution investors to note differences with publicly traded…
Business
Buyback consideration notches higher; ISOTeam CEO increases stake
[singapore] Over the five trading sessions from Mar 21 to 27, institutions were net sellers of Singapore stocks, with net institutional…
Business
PSA International FY2024 net profit falls 25% to S$1.1 billion on higher costs, inflation
Temasek-owned port operator PSA International on Friday (Mar 28) reported a 25.2 per cent drop in net profit to S$1.1 billion in 2024,…
Business
PSA International FY2024 net profit falls 25.2% to S$1.1 billion on higher costs, inflation
Temasek-owned port operator PSA International on Friday (Mar 28) reported a 25.2 per cent drop in net profit to S$1.1 billion in 2024,…
Business
US: Wall St opens slightly higher after Trump-led rally
Wall Street’s main indexes edged up on Tuesday (Mar 25) as investors assessed implications of impending reciprocal tariffs on the heels of…