Business
Thai Airways’ share price soars more than 200% after trading resumption
Thai Airways International’s stock price had risen 216 per cent when the market closed on Monday (Aug 4) after shares in the airline…
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Trading
News
Trump hits Canada, Brazil, and many other trading partners with steep tariffs
U.S. President Donald Trump slapped steep tariffs on exports from dozens of trading partners including Canada, Brazil, India and Taiwan,…
News
Trump raises tariffs on slew of U.S. trading partners
President Trump imposed tariffs ranging between 15% and 41% on more than 67 countries Thursday evening, raising tariffs to their highest…
Business
Figma IPO: Here are the payouts for CEO Dylan Field and Index, Greylock, Kleiner, Sequoia VCs as FIG stock starts trading on NYSE
Figma Inc.’s IPO is one of the most talked-about public offerings in tech this year, and it’s happening today. A few people stand to make…
Business
Robinhood tops profit expectations as trading frenzy sweeps across asset classes
Robinhood Markets exceeded second-quarter profit estimates on Wednesday (Jul 30), driven by a massive surge in volumes as investors traded…
Business
Seatrium halts trading of shares ahead of H1 earnings
This is coming one day before it is due to announce its first-half earnings – on Jul 31 Seatrium called for trading of its shares to be…
Business
Nomura profit exceeds estimates on stock trading boom
Nomura Holdings’ profit beat expectations last quarter, as the Japanese firm joined the equity trading boom that fuelled earnings for Wall…
Business
Barclays profit up 23% as Trump tariff turmoil lifts trading
The bank also announced a share buyback of £1 billion and a half year dividend of 3 pence per share Barclays first-half profit rose by a…
Business
Trading platform ProsperUs stops accepting new accounts, will shutter on Nov 30
Users have until Oct 31 to close all open positions and mutual fund units; any remaining will be closed or sold by parent company CGS…
Business
PNC taps Coinbase to create crypto trading offering for bank customers
The banking industry has fiercely resisted accusations that it denies services based on ideological reasons Bank is working with…
Business
Dasin Retail Trust suspends trading amid financial reporting challenges
Trading in the units of Dasin Retail Trust has been suspended on the Singapore Exchange. This comes as the business trust is unable to…
Business
Trump’s World Liberty Financial crypto tokens approved for trading
Holders of the digital tokens issued by World Liberty Financial, one of the crypto ventures of the family of Donald Trump, voted on…
Business
Goldman Sachs’s Q2 earnings exceed estimates, fueled by trading
Goldman Sachs’s second-quarter profit exceeded Wall Street expectations, as turbulent markets raised revenue in its equities division to a…
Business
Standard Chartered launches Bitcoin, Ether spot trading for institutional clients
The lender is the first global systemically important bank to offer such crypto services Standard Chartered will allow institutional…
Business
Jane Street deposits US$567 million so it can resume India trading
The company has told its staff that it plans to contest Sebi’s allegations and that the practices in question were “basic index arbitrage…
Business
Florida AG probes Robinhood Crypto over claims of low-cost trading
IDA Attorney General James Uthmeier on Thursday launched an investigation into Robinhood Crypto, alleging that the platform may have…
Business
US bank profits to climb on stronger trading, investment banking
Major US banks are expected to report stronger profits next week, driven by buoyant trading and a modest rebound in investment banking.…
Business
Great Eastern set to resume trading after delisting vote fails
Great Eastern Holdings is set to resume trading after a vote for a delisting resolution fell through at its extraordinary general meeting…
Business
LHN proposes delisting from Hong Kong due to low trading volume, costs
Real estate player LHN has proposed a voluntary delisting from the mainboard of the Stock Exchange of Hong Kong (HKEX) due to concerns…
Business
Info-Tech Systems closes 4.6% above IPO price on first day of trading
Software services provider Info-Tech Systems ended its first trading day at S$0.91 on Friday (Jul 4), 4.6 per cent above its initial…
Business
Singapore stocks rise on Thursday amid mixed regional trading, STI up 0.3%
Local stocks ended higher on Thursday (Jun 26), amid mixed trading in the region. The benchmark Straits Times Index (STI) rose 0.3 per…
Business
Singapore stocks fall amid mixed regional trading following US strikes on Iran
Local stocks ended lower on Monday (Jun 23) amid a mixed trading session in the region, after the US launched strikes on three of Iran’s…
Business
US dollar gains in early trading as world awaits Iran’s response
The US dollar strengthened in early trading as investors sought havens in a move to shield against mounting geopolitical risks following…
Business
Indonesia bourse mulls extending trading window by one hour
The Indonesian stock market currently operates in a seven-hour window of 9.00 am to 4.00 pm Indonesia’s stock exchange will consider…