Culture
Musk’s X posts higher sales amid costly turnaround
Sales at Elon Musk’s X jumped during the third quarter, but the social network is still dealing with significant costs – including from…
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European markets end higher as investors cheer Fed cut; SNB holds rate
EUROPEAN shares closed higher on Thursday after a series of lukewarm sessions, as investors welcomed the US Federal Reserve’s overnight…
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Hongkong Land shares end 5.5% higher on S$1.45 billion sale of MBFC stake
The group is selling its share to Keppel Reit, which will have a two-thirds interest in the property upon completion Shares of Hongkong…
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US stocks open higher as investors await Fed rate cut decision
Wall Street’s main indexes opened modestly higher on Monday (Dec 8) as investors priced in expectations that the Federal Reserve will…
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Industrials, automakers drive European shares higher at close
Automakers led sectoral advances, climbing 2.2%, with Porsche and Mercedes-Benz adding 5.7% and 4.4% respectively European shares closed…
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Wall Street opens higher as investors mull Fed rate cuts
Wall Street’s main indexes opened slightly higher on Thursday (Dec 4) as investors parsed a fresh batch of labour market data to gauge the…
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Wall Street opens higher as markets mull Fed’s next step
US stocks opened higher on Tuesday (Dec 2), steadying after Wall Street’s first pullback in more than a week in the previous session, on…
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Wall St opens higher, futures resume trade after outage
Wall Street’s main indexes opened higher on Friday (Nov 28) with futures trading springing back to life from an hours-long CME Group…
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OKP shares close 6.6% higher on proposed bonus share issue
Shares of industrial and civil engineering company OKP jumped as much as 7.5 per cent in intraday trading on news of its proposed bonus…
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Wall Street opens higher as December Fed rate-cut bets grow
Wall Street’s main stock indexes opened higher on Wednesday (Nov 26), as investors parsed through a fresh batch of economic data and…
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US: Wall Street opens higher as December Fed rate-cut bets grow
Wall Street’s main stock indexes opened higher on Wednesday (Nov 26), as investors parsed through a fresh batch of economic data and…
Culture
Gold drifts higher on US rate cut expectations
Markets are pricing in an 84% chance of a Fed rate cut next month, compared to 50% last week, according to CME Group data Gold prices…
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US: Wall Street ends higher as Federal Reserve rate cut bets gather momentum
Wall Street extended its rally on Tuesday as a spate of economic data appeared to support the case for the US Federal Reserve to implement…
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US: Wall Street opens higher on Fed interest rate-cut expectations
Wall Street’s main indexes opened higher on Monday (Nov 24), buoyed by expectations of an imminent Federal Reserve interest rate cut in…
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Marco Polo Marine expects ‘significantly higher’ FY2025 net profit
This is mainly due to impairment loss reversals on certain vessels and the disposal of its stake in Marco Polo Offshore Marine logistics…
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US: Wall St opens higher as December rate cut bets strengthen
Wall Street’s main indexes opened higher on Friday (Nov 21) as traders raised bets on an interest rate cut by the Federal Reserve in…
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US: Wall Street opens sharply higher after Nvidia earnings, jobs data
Wall Street’s main indexes jumped at the open on Thursday (Nov 20) as technology stocks received a boost after Nvidia’s stellar results…
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US: Wall Street opens higher as Nvidia test looms
Wall Street’s main indexes opened slightly higher on Wednesday (Nov 19) following sharp losses earlier in the week, as investors set their…
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Stamford Land H1 profit rises 4.1% to S$15.8 million on higher hotel room rates
Stamford Land reported a 4.1 per cent rise in net profit to S$15.8 million for its first half ended Sep 30, from S$15.2 million in the…
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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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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…
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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…
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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…
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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…