Business
US: Wall St opens higher on Trump's softened tariff stance
US stock indexes opened higher on Monday (Mar 24), helped by signs the Trump administration is taking a measured approach on tariffs…
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Gold edges higher on safe-haven demand, Fed optimism
Gold edged higher on Monday (Mar 24) as concerns over US President Donald Trump’s impending reciprocal tariffs and the potential for…
Business
Europe: Shares end week higher; airlines hit by Heathrow closure
European shares fell alongside other major global stock markets on Friday (Mar 21) on uncertainty over trade tensions and geopolitical…
Business
US: Stocks shrug off economic jitters to close higher
Wall Street stocks closed higher on Friday (Mar 21) after fluctuations, shaking off ongoing economic uncertainty including those triggered…
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Government borrowing higher than expected in February
UK government borrowing was higher than expected in February, adding pressure to Chancellor Rachel Reeves ahead of her Spring Statement…
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Oil prices settle US$1 higher after US issues new Iran-related sanctions
Oil prices rose on Thursday after the United States issued new Iran-related sanctions and renewed tensions in the Middle East countered…
Business
Dollar higher as Fed signals no rush to cut rates, BOE holds rates steady
The dollar rose on Thursday (Mar 20) after the Federal Reserve indicated it was in no rush to cut rates further this year due to…
Business
US: Wall Street opens higher ahead of Fed decision
Wall Street’s main indexes opened higher on Wednesday (Mar 19) ahead of the Federal Reserve’s widely anticipated monetary policy decision,…
Business
Sats posts 123.5% rise in Q3 net profit on higher business volume, rate increases
CATERING and ground handling company Sats posted a 123.5 per cent increase in net profit to S$70.4 million for the quarter ended Dec 31,…
Business
Vicom posts 11% higher H2 net profit on robust demand for vehicle testing
VEHICLE Inspection company Vicom posted 11 per cent higher net profit of S$15.2 million for the half-year ended Dec 31, 2024, from S$13.7…
Business
Singapore stocks end Wednesday higher on UOB earnings, Budget news; STI adds 0.2%
The bank’s Q4 profit of of S$1.52 billion beat analysts’ consensus forecast S$1.48 billion SINGAPORE equities closed higher on Wednesday…
Business
Singapore shares end Wednesday higher on UOB results, Budget news; STI up 0.2%
The bank’s Q4 profit of of S$1.52 billion beat analysts’ consensus forecast S$1.48 billion SINGAPORE stocks closed higher on Wednesday…
News
US: Wall St opens higher with Fed policy, Trump tariffs in focus
WALL Street’s main indexes opened higher on Tuesday (Feb 18), as investors focused on potential tariff developments and the US Federal…
Business
Asia: Tech rally helps Hong Kong lead markets higher
HONG Kong resumed its tech-led rally on a healthy day for Asian markets on Tuesday (Feb 18) as a meeting between President Xi Jinping and…
News
Gold inches higher on concerns over Trump tariff threats
GOLD prices edged higher on Tuesday (Feb 18) as uncertainty over US President Donald Trump’s tariffs continued to dominate sentiment,…
Business
Singapore shares open higher on Monday; STI up 0.3%
SINGAPORE equities began Monday (Feb 17) in positive territory, following mixed performance in the US and Europe last Friday. As at 9.01…
Business
Westpac posts higher quarterly profit as loan volumes grow, late repayments decline
AUSTRALIA’S Westpac posted a rise in its first-quarter net profit on Monday as deposits and loan volumes grew, and said a widely awaited…
Business
US: Wall St opens higher after producer prices data
Wall Street’s main indexes opened higher on Thursday (Feb 13) as investors parsed the latest producer prices data, while the prospect of…
Business
US: Dow, S&P 500 fall on higher inflation data
WALL Street stocks mostly fell on Wednesday (Feb 12) following US inflation data that further clouded the prospects for additional Federal…
Business
Coca-Cola posts surprise revenue jump on higher prices, steady demand
It’s focused on capturing demand in emerging markets such as India and expanding its portfolio in North America Coca-Cola posted a…
Business
Analysts raise target prices, dividend estimates on DBS, predicting higher valuation ahead
ANALYSTS raised their target prices for DBS after the lender posted full-year net profit that reached a record high. This was pointing to…
News
US: Wall St kicks off week higher as Trump's tariffs lift steelmakers
Wall Street’s main indexes opened higher on Monday (Feb 10), recovering from last week’s declines, as steelmakers surged after US…
Business
Creative H1 loss widens to S$6.1 million on higher expenses
Uncertainty over import tariffs by the US and potential retaliatory measures from affected countries may affect consumer demand, says the…
Business
Creative H1 loss widens to US$6.1 million on higher expenses
Uncertainty over import tariffs by the US and potential retaliatory measures from affected countries may affect consumer demand, says the…