Business
Asia: Markets bounce from selloff as US jobs beat forecasts
ASIAN markets rose on Thursday to claw back some of the previous day’s hefty losses as investors tracked a bounce on Wall Street sparked…
Swedan Margen
Swedan Margen contributes to Cosmopolitan Canada across fashion, style, culture, and entertainment.
The work spans trend coverage, cultural conversation, and stories drawn from the publication's editorial partners, with source attribution provided within individual articles where applicable.
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Business
UOB’s nearly S$1 billion in extra allowances akin to ‘buying insurance’: CEO Wee Ee Cheong
UOB’s decision to increase allowances by almost S$1 billion – which led net profit to tumble by more than two thirds – for the latest…
Business
Gold edges lower as US jobs data dents rate-cut expectations
Bullion hit a record high of US$4,381.21 on Oct 20, but it has fallen close to 10% since Gold dipped on Thursday (Nov 6) after…
Business
Nissan sells Yokohama headquarters for 97 billion yen as part of restructuring
Nissan Motor said on Thursday it has concluded a 97 billion yen (S$840 million) trust beneficiary rights transfer agreement to sell and…
Business
Nexperia says it halted supply after China unit refused to pay
Nexperia said that it suspended supplies to its China factory because the local unit refused to make payments, laying bare the internal…
Business
Coliwoo opens at S$0.615, 2.5% above IPO price
Co-living business Coliwoo opened at S$0.615 on its listing debut on Thursday (Nov 6) on the Singapore Exchange, about 2.5 per cent above…
Business
Coliwoo closes at S$0.585 on first trading day, 2.5% below IPO price
Co-living business Coliwoo opened at S$0.615 on its listing debut on Thursday (Nov 6) on the Singapore Exchange, about 2.5 per cent above…
Business
UOB shares plunge as much as 4.6% after Q3 profit tumbles
Shares of UOB plunged as much as about 4.6 per cent on Thursday (Nov 6) after it reported a 72 per cent drop in net profit. The counter…
Business
UOB shares plunge as much as 4.6% after Q3 profit tumble
Shares of UOB plunged as much as about 4.6 per cent on Thursday (Nov 6) after it reported a 72 per cent drop in net profit. The counter…
Business
UOB shares end 2.8% down after Q3 profit tumbles
Shares of UOB plunged as much as about 4.6 per cent on Thursday (Nov 6) after it reported a 72 per cent year-on-year decline in net profit…
Business
DBS shares soar more than 3% to hit a record high, after posting earnings that beat forecasts
Lender’s Q3 net profit is S$2.95 billion – higher than the S$2.79 billion estimated in survey Shares of DBS rocketed more than 3 per cent…
Business
DBS shares soar more than 3.8% to hit a record high, after posting earnings that beat forecasts
Lender’s Q3 net profit is S$2.95 billion – higher than the S$2.79 billion estimated in survey Shares of DBS rocketed more than 3 per cent…
Business
Pony AI, WeRide may fall in Hong Kong after duelling robotaxi listings
While much of that headway is being made domestically, the Chinese companies are standing up operations in places such as Dubai, Abu Dhabi…
Business
Lendlease Reit raises S$280 million in private placement
The manager of Lendlease Global Commercial Real Estate Investment Trust (Reit) on Thursday (Nov 6) announced the successful completion of…
Business
Stocks to watch: DBS, UOB, PropNex, LHN, Coliwoo, Lendlease Reit
The following companies saw new developments that may affect trading of their securities on Thursday (Nov 6): Source link
Business
Snap tops revenue estimate and unveils US$400 million deal with Perplexity AI, shares jump
SNAP beat third-quarter revenue estimate on Wednesday and said it has partnered with Perplexity AI to integrate its artificial…
Business
Stoneweg Europe Stapled Trust 9M distributable income falls 4.6% to 57.6 million euros
The distributable income of Stoneweg Europe Stapled Trust (Sert) declined 4.6 per cent to 57.6 million euros (S$86.5 million) for the nine…
Business
Thailand’s longer tenor bonds beckon global funds after rout
Investors still expect the BOT to cut rates even as the government recently upgraded the nation’s growth forecast Thailand’s longer tenor…
Business
UOB Q3 net profit tumbles to S$443 million as it shores up pre-emptive general allowances
UOB’s net profit for the third quarter ended Sep 30, 2025, fell as the lender “pre-emptively set aside” additional allowances. Net profit…
Business
S$1 billion jump in allowances slash UOB Q3 profit to S$443 million
Move made ‘amid evolving macroeconomic conditions’; operating results down 16% at S$1.8 billion UOB’s net profit for the third quarter…
Business
Qatar Airways sells entire Cathay Pacific stake for US$897 million
The Middle Eastern airline has pursued a strategy of investing in airlines worldwide to strengthen its competitive position State-owned…
Business
JPMorgan’s billionaire clients want sports teams more than fine art
Wealthy individuals buying sports teams outside the US include ammunition tycoon Michal Strnad JPMorgan Chase’s super-rich clients are…
Business
Eyes turn to space to feed power-hungry data centres
TECH firms are floating the idea of building data centres in space and tapping into the sun’s energy to meet out-of-this-world power…
Business
British stablecoin regime to keep pace with US, official says
The UK central bank will unveil its proposed regime on stablecoin regulations on Monday Bank of England (BOE) deputy governor Sarah…