Business
US: Wall St opens higher as rate-cut hopes drive momentum
Wall Street’s main indexes opened higher on Friday (Oct 3) as optimism about an imminent interest-rate cut by the Federal Reserve boosted…
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USD/JPY at a crossroads: Breakout signals bulls eyeing higher targets
THE USD/JPY has spent much of the last quarter trapped in indecision, but recent price action suggests that the pair may finally be…
Business
US: Wall Street opens higher after inflation data calms rate-cut jitters
Wall Street’s main indexes opened higher on Friday (Sep 26), after the latest inflation data came in line with expectations, easing…
Business
Income funds with higher yields as lower rates weigh on investors: Morningstar
Investors seeking steady income streams are reassessing their options as the yields on Singapore Treasury bills (T-bills) plummet this…
Business
Fed funds rate seen edging higher within range as costs rise
The effective federal funds rate, which has held near the bottom of the US Federal Reserve’s target range for its benchmark over the past…
News
Colleges hustle to adapt as Trump administration reshapes higher education
Colleges nationwide are scrambling to adjust to the Trump administration's overhaul of higher education as the fall semester has kicked…
Business
Chery Automobile set to price Hong Kong IPO at higher end of range
Chery Automobile is set to price its Hong Kong initial public offering (IPO) at the high end of a marketed range after strong demand for…
News
The future of higher ed starts outside the classroom
Higher education is in a moment of profound transformation driven not only by advances in technology, but also by growing demands for…
Business
US: Wall St opens higher after rally, FedEx gains
Wall Street’s main indexes opened higher on Friday (Sep 19) after rallying to record highs in the previous session, while FedEx rose as…
Business
Hongkong Land closes 1.2% higher on S$738.7 million MCL Land divestment
It is selling its Singapore and Malaysia residential property arm to Malaysian conglomerate Sunway Group as it exits the residential…
Business
Apple’s higher prices give iPhone doubters reason for optimism
Apple’s latest iPhones did not dazzle with new features, but investors are starting to look past that, seeing higher price tags on the…
Business
Europe: Chip-led technology rally drive Stoxx 600 higher after Fed rate cut
EUROPEAN shares ended on Thursday on a strong note in a chipmaker-driven rally, further powered by the resumption of the US Federal…
Business
US: Wall St opens higher after Fed indicates more rate cuts
Wall Street’s main indexes opened higher on Thursday (Sep 18), a day after the US central bank delivered a quarter-point interest rate…
News
Oil settles over 1% higher as Ukraine drone attacks target Russian supply
Oil prices rose over a dollar a barrel on Tuesday, as traders weighed the possibility that Russian supplies may be disrupted by Ukrainian…
Business
US: Wall Street opens higher on rate cut expectations
Wall Street’s main indexes opened higher on Tuesday (Sep 16) as investors priced in expected interest rate cuts from the Federal Reserve…
News
Oil settles higher as investors assess attacks on Russian energy facilities
Oil prices settled higher on Monday as investors assessed the impact of Ukrainian drone attacks on Russian refineries and of US President…
Business
US: Wall Street opens higher as Fed meeting week begins; Tesla climbs
Wall Street indexes opened slightly higher on Monday (Sep 15), setting the stage for a week dominated by the Federal Reserve’s policy…
Business
Europe: Stoxx 600 slips as French rating review looms; still ends week higher
European shares ended the week on a strong note, but were a little lower on Friday (Sep 12) as investors turned cautious ahead of Fitch’s…
Business
Yangzijiang Financial closes 7.4% higher amid heavy trading, hits record in intra-day trade
The company will be added to STI’s reserve list, comprising the five highest-ranking non-constituents of the index by market…
Business
Europe: Stoxx 600 ends higher after ECB’s expected ‘hold’ verdict, defence stock boost
EUROPEAN shares finished higher on Thursday as a rally in defence stocks helped lift the main index, with investors taking in a widely…
Business
US: Wall St opens higher after inflation data keeps rate cut bets firm
Wall Street’s main indexes opened slightly higher on Thursday (Sep 11) after the latest inflation reading kept the US central bank on…
Business
Singapore stocks end higher amid mixed regional trading; STI up 0.2%
On the STI, UOL is the top gainer, up 3.9%; Thai Beverage is the biggest decliner, shedding 1.1% Local stocks tracked overnight gains on…
Business
Singapore collects S$88.9 billion in tax revenue in FY2024/25, 10.7% higher than in previous year
The increased collection is driven by robust economic growth and higher consumer spending The Inland Revenue Authority of Singapore (Iras)…
Business
Singapore’s tax revenue up 10.7% at S$88.9 billion in FY2024/25 on robust growth and higher consumption
Corporate tax takings rise 6.7% to S$30.9 billion and remain the largest contributor The Inland Revenue Authority of Singapore (Iras)…