Business
STI inches higher on Thursday, tracking regional benchmarks
Singapore stocks ended higher on Thursday (Nov 13), tracking regional peers. The benchmark Straits Times Index (STI) gained 0.2 per cent…
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Business
Golden Agri-Resources Q3 profit rises 17% to US$124 million on higher output and palm oil prices
Palm oil producer Golden Agri-Resources (GAR) posted a 17 per cent quarter-on-quarter rise in net profit for the third quarter ended Sep…
Business
Circle Internet Group stock is sliding despite strong revenue and higher average USDC in circulation
Circle Internet Group released its third-quarter earnings on Wednesday, November 12, announcing a 66% jump in revenue and reserve income…
Business
F&N full-year profit falls 6.4% to S$141.3 million despite higher revenue in F&B segment
Beverage and publishing company Fraser and Neave (F&N) on Wednesday (Nov 12) announced a 6.4 per cent fall in net profit to S$141.3…
Business
Valuetronics posts 2.7% higher H1 profit of HK$93 million
The board declares an interim dividend of HK$0.04 per share and a special dividend of HK$0.04 per share Electronics manufacturing services…
News
Oil settles higher as tight fuel markets offset crude supply concerns
Oil prices settled higher on Monday as analysts focused on potential fuel supply disruptions from fresh US sanctions and Ukrainian drone…
Business
Homelessness figures higher than data suggests, research shows
The number of homeless people in England is higher than official government data suggests, according to new research from the charity…
Business
Singtel shares end 2.9% higher on Bharti Airtel share sale, talks for data centre deal
Shares of Singtel surged as much as 5.1 per cent on the back of news that one of its units will sell US$1.2 billion worth of Bharti Airtel…
Business
OCBC shares hit record high after Q3 earnings beat expectations; ends 3.4% higher
Shares of OCBC jumped by more than 4 per cent on Friday (Nov 7) morning after the release of its financial results for the third quarter…
Business
Genting Singapore Q3 net profit rises 19% to S$94.6 million amid higher VIP volume, win rate
Genting Singapore posted a 19 per cent year-on-year increase in net profit to S$94.6 million for the third quarter ended Sep 30, with…
Business
Commerzbank Q3 profit unexpectedly falls 8% as higher tax rates, costs weigh
Germany’s Commerzbank, fending off a possible takeover by Italy’s UniCredit, reported an unexpected 7.9 per cent drop in third-quarter net…
Business
Europe: Shares close higher with earnings in spotlight; tech stocks waver
EUROPEAN shares recovered towards the close to end higher on Wednesday, after falling earlier in the session when a selloff in technology…
Business
US: Wall Street opens higher on optimism for AI demand
Wall Street kicked off November on firmer ground on Monday (Nov 3), driven by optimism around AI demand with OpenAI and Amazon striking a…
Business
NetLink Trust posts 10.2% drop in H1 profit to S$43.5 million on higher depreciation
Fibre network provider NetLink NBN Trust on Monday (Nov 3) posted a 10.2 per cent drop in net profit to S$43.5 million for the half-year…
Business
US: S&P 500, Nasdaq opens higher as Apple, Amazon forecasts lift mood
The S&P 500 and the Nasdaq opened higher on Friday (Oct 31) after upbeat forecasts from Apple and Amazon helped calm nerves, a day after…
Business
ExxonMobil beats Q3 profit estimates on higher Guyana, Permian production
ExxonMobil beat Wall Street estimates for third-quarter earnings on Friday (Oct 31), underpinned by higher oil and gas production in…
Business
Great Eastern Q3 net profit up 36% at S$372 million amid higher new business embedded value
Growth is driven by robust results from shareholders’ fund segment, which is up 45% on the year for the nine months ended Sep 30 Insurer…
Business
US: Wall Street opens higher as cool inflation data fuels Fed rate cut bets
WALL Street opened on solid ground on Friday (Oct 24), as investors welcomed a cooler-than-expected inflation reading, while Intel’s…
Business
US: Wall Street ends higher amid mixed earnings, Trump-Xi meeting confirmed
Wall Street advanced on Thursday as investors mulled a mixed batch of corporate earnings and shifting geopolitical concerns. All three…
Business
Kering Leads Fashion Stocks Higher
Luca de Meo’s short tenure in Kering’s C-suite — he’s only been chief executive officer since Sept. 15 — has already brought the ailing…
Business
CapitaLand Malaysia Trust Q3 DPU up 3.7% at 1.11 sen on higher contributions across portfolio
CapitaLand Malaysia Trust (CLMT) on Wednesday (Oct 22) posted a distribution per unit (DPU) of 1.11 sen for its third quarter ended Sep…
Business
MPACT’s Q2 DPU up 1.5% to S$0.0201 on higher contributions from Singapore properties
For the half-year ended Sep 30, distribution per unit is 1.2% lower at 4.02 cents Mapletree Pan Asia Commercial Trust (MPACT) posted a 1.5…
Business
MPACT’s Q2 DPU rises to S$0.0201 on higher contributions from Singapore properties
Mapletree Pan Asia Commercial Trust (MPACT) posted a rise in distribution per unit (DPU) to 2.01 Singapore cents for its second quarter…
Business
Sabana Reit’s Q3 income available for DPU up 38.4% at S$0.0101 on higher occupancy at New Tech Park
Revenue rises 5.3% year on year to S$29.9 million; net property income climbs 16% to S$16.9 million Sabana Industrial Real Estate…