Business
US: Wall St opens higher in shortened Black Friday session
US STOCKS opened slightly higher on Black Friday (Nov 29), with Wall Street’s main indexes set for monthly gains as the holiday shopping…
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Singapore shares end higher on Friday amid cautious optimism; STI up 0.1%
SINGAPORE stocks closed on Friday (Nov 29) in the black, as global markets appeared to take Donald Trump’s impending presidency with…
Business
Current higher yields on Singapore Savings Bonds and Treasury Bills unlikely to last: analysts
December tranche gives a 10-year average return of 2.81%; sees S$164.8 million in applications versus S$600 million on offer THE latest…
Business
Most Singapore companies able to service debt despite higher interest expense: MAS
DESPITE higher interest expenses, most companies in Singapore have been able to generate enough earnings to service their debt, said a…
News
Trump's proposed tariffs could bring higher prices for groceries, cars and clothing
Steep price hikes could be on the way if President-elect Donald Trump follows through on his pledge to impose sweeping new tariffs on…
Business
VinFast’s loss narrows, revenue jumps on higher EV sales
VINFAST Auto said its third-quarter loss narrowed and revenue jumped as the company delivered more cars. The Vietnamese electric vehicle…
Business
US: S&P 500, Nasdaq open higher as investors assess Trump’s tariff threats
THE benchmark S&P 500 and the Nasdaq opened higher on Tuesday (Nov 26), with investors assessing Donald Trump’s tariff pledges on top…
Business
US: Wall St opens higher as Trump’s Treasury selection boosts sentiment
WALL Street’s main indexes opened higher on Monday (Nov 25), with the blue-chip Dow scaling a record high, driven by investor optimism…
Business
Indonesia bourse mulls higher IPO proceeds criteria for listing
THE Indonesia Stock Exchange (IDX) is considering requiring minimum proceeds for initial public offerings (IPOs) as part of efforts to…
Business
US: Wall Street closes higher after business activity data
WALL Street closed higher on Friday (Nov 22), with all three major indexes posting weekly gains, as investors took comfort from data…
Business
Near-term volatility drives SGX to 17-year peak on higher turnover
SGX is benefiting from the 15.7% advance in the Singapore stock market so far this year SHARES of Singapore Exchange (SGX) charged to…
Business
Singapore stocks open higher on Friday; STI up 0.3%
SINGAPORE stocks started trading on Friday (Nov 22) higher as a better-than-expected quarterly gross domestic product and a higher…
Business
US: Wall St opens higher after jobless claims data, Nvidia results
Wall Street’s main stock indexes opened higher on Thursday (Nov 21) after data reflected a robust labour market, and AI-heavyweight Nvidia…
Business
Singapore shares open higher on Thursday; STI up 0.1%
SINGAPORE stocks began trading in positive territory on Thursday (Nov 21) after global equities ended mixed overnight. As at 9.04 am, the…
Business
CSE Global reports higher revenue for Q3 2024, but order intake falls
The electrification segment has fallen the most, due to the absence of several major projects secured CSE Global reported a 15.4 per cent…
News
Higher monthly payments loom for many student loan borrowers
President-elect Donald Trump’s victory last week should bring some clarity to Americans with student loans, but probably not in the way…
Business
Oil settles slightly higher, investors focus on steep draw in fuel stocks
Oil prices closed slightly higher in choppy trading on Thursday (Nov 14), as a steep draw in US fuel stocks outweighed oversupply concerns…
Business
US: Wall Street edges higher at the open after PPI data
WALL Street’s main indexes edged higher at the open on Thursday (Nov 14) after a broadly in line reading of producer prices data, with…
Business
ComfortDelGro Q3 net profit up 15.2% on higher revenue
Topline growth is boosted by group’s overseas markets, mainly due to its acquisitions in UK and Australia LAND transport giant…
Business
Japan Foods sinks into the red with H1’s S$1.6 million net loss on higher operating costs
JAPAN Foods logged a S$1.6 million net loss for its first half ended Sep 30, versus a profit of S$81,000 for the same period in the year…
Business
Boustead Singapore posts 34% higher H1 profit of S$36 million
INFRASTRUCTURE-RELATED engineering and technology group Boustead Singapore posted a 34 per cent rise in net profit to S$36 million for its…
Business
Ikea reports higher profit despite revenue hit from price cuts
INTER Ikea, the owner of the world’s biggest furniture brand, reported higher profits for 2024 thanks to lower interest payments, despite…
Business
SBS Transit Q3 earnings 1.7% higher at S$18.2 million in spite of lower operating profit
LISTED bus and train operator SBS Transit’snet profit inched up 1.7 per cent year on year to S$18.2 million for the third quarter of…
Business
F&N FY2024 earnings rise 12.7% to S$150.2 million on higher revenue
BEVERAGE and publishing company Fraser and Neave (F&N) on Friday (Nov 8) announced a 12.7 per cent rise in net profit to S$150.2 million…