Business
Asia: Markets fluctuate as focus turns to Trump-Xi, Bank of Japan
ASIAN markets swung on Friday at the end of a strong week for investors following the US interest rate cut, with attention now turning to…
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Business
China EV maker Nio surges 5% following equity offering completion of more than US$1 billion
Both its Hong Kong-listed shares and those traded on the SGX jump on Friday morning Shares of Chinese electric-vehicle (EV) maker Nio rose…
Business
China EV maker Nio surges 4% following equity offering completion of more than US$1 billion
Shares of Chinese electric-vehicle (EV) maker Nio rose by 4.2 per cent on Friday (Sep 19) on the Singapore Exchange (SGX), after the…
Business
Hongkong Land shares jump 12% on S$738.7 million MCL Land divestment
This follows its move to sell its Singapore and Malaysia property arm to Malaysian conglomerate Sunway Group Shares of Hongkong Land…
Business
Hongkong Land shares soar 12% to six-year high 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
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
Metro Holdings says ‘no definitive agreement’ entered on Boustead Singapore’s proposed divestments
Property investment and development group Metro Holdings said on Thursday (Sep 18) that it has not made any decision nor entered into any…
Business
AEM soars 12.1% on the back of Nvidia’s US$5 billion Intel investment
Shares of AEM jumped as much as 12.1 per cent on Friday (Sep 19) shortly after market opened, following overnight news of Nvidia’s US$5…
Business
AEM soars 16.6% on the back of Nvidia’s US$5 billion Intel investment
Shares of AEM jumped as much as 16.6 per cent on Friday (Sep 19) shortly after market opened, following overnight news of Nvidia’s US$5…
Business
AEM soars 18.5% on the back of Nvidia’s US$5 billion Intel investment
Shares of AEM jumped as much as 18.5 per cent on Friday (Sep 19) following overnight news of Nvidia’s US$5 billion investment in chipmaker…
Business
AEM soars 17.8% on the back of Nvidia’s US$5 billion Intel investment
Shares of AEM jumped as much as 19.1 per cent on Friday (Sep 19) following overnight news of Nvidia’s US$5 billion investment in chipmaker…
Business
CATL’s stock touted as cheap even after a US$110 billion rally
The Shenzhen-listed stock of the world’s biggest battery maker has surged nearly 75% since this year’s low in early April, adding US$110…
Business
LTA, SMRT, SBS Transit establish task force to address MRT service disruptions
The Land Transport Authority (LTA), SMRT and SBS Transit (SBST) on Friday (Sep 19) jointly announced the establishment of a Rail…
Business
Gold steady as investors await more Fed cues
Gold prices were little changed on Friday (Sep 19) as investors awaited further signals on the US interest rate path after the US Federal…
Business
Taiwan beating South Korea in key wealth gauge, with lots of TSMC help
The rapid appreciation of the Taiwanese currency this year is another factor that helps explain why the island’s GDP per capita has caught…
Business
TSMC’s rise to push Taiwan past South Korea in key wealth gauge
The rapid appreciation of the Taiwanese currency this year is another factor that helps explain why the island’s GDP per capita has caught…
Business
AvePoint jumps 4.4% at SGX mainboard trading debut
The company has listed 13.3 million shares at an offering price of S$19.50 apiece Cybersecurity company AvePoint’s shares rose 4.4 per…
Business
AvePoint rises 1% over offer price at SGX mainboard trading debut
The counter ends its first day on the bourse at S$19.70, with 760,400 shares changing hands AvePoint’s shares rose as much as 4.6 per cent…
Business
SoftBank Vision Fund to lay off 20% of employees in shift to bold AI bets, source and memo say
The cuts mark the third round of layoffs at the Japanese investment conglomerate’s flagship fund since 2022 SoftBank Group will lay off…
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
Stocks to watch: ComfortDelGro, Hongkong Land, Boustead Singapore, Rex International
The following companies saw new developments that may affect trading of their securities on Friday (Sep 19): ComfortDelGro: The transport…
Business
Bank of Japan to keep interest rates steady as tariff, US slowdown risks loom
The Bank of Japan is expected to keep interest rates steady on Friday, as policymakers seek more clarity on whether the economy can…
Business
Nvidia spent over US$900 million to hire Enfabrica CEO, license technology, CNBC reports
NVIDIA has spent over US$900 million to hire Enfabrica CEO Rochan Sankar and other staff at the artificial intelligence hardware startup…
Business
South Korea central bank to expand forward guidance on policy rate path
The Bank of Korea (BOK) plans to expand its forward guidance scheme by offering a dot plot of the likely path of future interest rates to…