Business
Mandarin Oriental shares surge 36.7% on privatisation offer, Jardine Matheson up 7%
Shares of hotel chain Mandarin Oriental surged 36.7 per cent on Tuesday (Oct 21) on the back of a privatisation offer from controlling…
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shares
Business
Mandarin Oriental shares surge 36.3% on privatisation offer, Jardine Matheson up 7.5%
Shares of hotel chain Mandarin Oriental surged as much as 36.7 per cent on Tuesday (Oct 21) on the back of a privatisation offer from…
Business
Mandarin Oriental shares surge 36.3% on privatisation offer, Jardine Matheson up 7.8%
Shares of hotel chain Mandarin Oriental surged as much as 36.7 per cent on Tuesday (Oct 21) on the back of a privatisation offer from…
Fashion
Hong Leong Asia units’ director, ex-chief accountant detained in China; shares fall 12.3%
The director of China Yuchai International (CYI) and former chief accountant of its unit Guangxi Yuchai Machinery have been detained by…
Business
Australia shares tips to wean teens off social media ahead of ban. Will it work?
The Australian government has begun a public education campaign with tips on how to wean children off social media ahead of a world-first…
Business
Xiaomi shares post worst week in 3½ years as accidents stoke EV safety concerns
The company has not publicly acknowledged that the accidents involved its electric vehicles Shares of Chinese electric vehicle (EV) maker…
Business
Banking shares’ wobbles reveal growing unease over credit risks
The markets have weathered a string of credit scares and surprise write-downs over the past two years A clutch of bad loans at banks in…
Business
Singapore shares fall, tracking retreat in regional markets; STI down 0.6%
CapitaLand Integrated Commercial Trust is the top gainer on the benchmark index, rising 0.8% to S$2.38 Shares on the Singapore bourse…
Business
Australia: Shares slip from record high as energy, tech stocks drag
AUSTRALIAN equities pulled back on Friday from a record high notched the day before, as losses in energy and tech stocks outweighed gains…
Business
Singapore shares dip 0.3%, even as regional markets rise
Shares on the Singapore bourse closed lower on Thursday (Oct 16), bucking the gains charted in most regional markets. The benchmark…
Business
Australian shares notch record closing high as jobless spike fuels rate-cut bets
Australian shares rose to a record close on Thursday (Oct 16), driven by strong gains in financials, property and gold stocks after an…
Business
Billions wiped off Nio’s market value as shares plunge 9.5% on news of GIC lawsuit
The Chinese EV maker and its top execs are being sued for ‘fraudulent recognition’ of at least US$600 million revenue Shares of Nio…
Business
Following LVMH, Luxury Sector Shares Move Higher
The luxury world often looks to LVMH Moët Hennessy Louis Vuitton for guidance, reading tea leaves in the powerhouse company’s results for…
Business
Singapore shares fall 0.8% even as Q3 GDP growth beats forecast
Shares on the Singapore bourse closed lower on Tuesday (Oct 14), even as the city-state’s economy grew faster than expected. The benchmark…
News
Xiaomi shares tumble after reports EV crash traps person inside
Xiaomi shares fell the most since April after reports that one of its SU7 electric sedan’s doors failed to open after a fiery crash in the…
News
Xiaomi shares plunge after fatal EV crash; police suspect drunk driving
The company’s shares may face short-term pressure, but police citing driver error could limit losses Xiaomi shares fell the most since…
Business
Singapore shares close lower in tandem with Wall Street retreat; STI slides 0.3%
Across the broader market in the city-state, decliners beat gainers 371 to 250 as 1.8 billion securities valued at S$1.4 billion are…
Business
Delta electronics shares slump in Bangkok due to exchange curbs
The stock has more than tripled in price from its April low, boosted by optimism over its role as maker of components for…
Business
Top Glove shares surge 7.3% to two-month high on return to full-year profitability
The group attributes its improved performance to the higher demand for gloves and its cost efficiency Shares of Top Glove soared on Friday…
Business
Top Glove shares end flat after 7.3% surge in intra-day trade on return to full-year profitability
The group attributes its improved performance to the higher demand for gloves and its cost efficiency Shares of Top Glove soared on Friday…
Business
Seatrium shares plunge 7.8% after US$475 million Maersk contract termination
Citi analyst Luis Hilado said the contract termination will likely have a negative near-term impact on its shares Shares of Seatrium…
Business
Seatrium shares plunge up to 7.8% on US$475 million Maersk Offshore Wind contract termination
This development will likely have a negative near-term impact on the stock, says Citi analyst Luis Hilado Shares of Seatrium plunged as…
Business
Seatrium hit by US$475 million contract termination for nearly completed wind vessel; shares drop 6.6%
The company says that it will ‘explore viable solutions’, including talks with the end-customer, Empire Offshore Wind Seatrium on Friday…
Business
Industrial property developer Soon Hock Enterprise to offer 21.6 million shares at S$0.58 apiece in mainboard listing
The company expects to raise net proceeds of about S$34.6 million, part of which will be used for land-site and building acquisitions…