Business
UOB closes 2.3% higher following Asia market rebound; Macquarie upgrades stock
It has potential for a ‘relative-value catch-up play’, with headwinds set to abate this earnings season Shares of UOB rose on Thursday…
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Business
Business
Toku soars on Catalist IPO debut
Customer experience platform Toku, Singapore’s second listing of the year, made its trading debut on the Catalist board on Thursday (Jan…
Business
Info-Tech Systems forecasts ‘considerable increase’ in consolidated net profit for FY2025
Software provider Info-Tech Systems expects to report a “considerable increase” in its consolidated net profit for FY2025, compared with…
Business
South Korea’s Kospi stock benchmark tops 5,000 for first time
South Korea’s stock benchmark topped 5,000 points for the first time on Thursday, powered by gains in chipmakers like Samsung Electronics…
Business
Stocks to watch: Seatrium, Toku, AA Reit, HRnetGroup, Info-Tech Systems
The following companies saw new developments that may affect trading of their securities on Thursday (Jan 22): Source link
Business
Lululemon founder slams board after see-through leggings fiasco
LEMON Athletica founder Chip Wilson lashed out over the company’s latest product flop, calling it a “total operational failure” that he…
Business
Seatrium unit files arbitration proceedings over dispute with consortium partner Aibel
The company is unable to ascertain the financial impact arising from the proceedings Seatrium New Energy (SNE), a wholly owned subsidiary…
Business
Seatrium unit faces 130 million euros in claims from consortium partner amid arbitration proceedings
The company is unable to ascertain the financial impact arising from the proceedings Seatrium New Energy (SNE), a wholly owned subsidiary…
Business
A couple of micro-cap SGX companies are surging – but investors should think twice before biting
Acma and Sitra have not offered compelling growth stories, so their share price gains may not be sustainable WHILE most Singaporeans are…
Business
The SGX-NYSE tie-up didn’t take off, but conditions today may spell success for SGX-Nasdaq dual listing
Rising interest rates and post-pandemic situation weighed on market in 2022, but that has changed There has been much buzz regarding the…
Business
Space NK Defies British High Street Gloom, Lays Ground for Further Growth
LONDON — Demand on the U.K. high street is suffering, but not for Space NK, which grew faster than the market in the pre-holiday period,…
Business
European shares end flat as Trump tones down Greenland rhetoric
PEAN shares trimmed earlier losses and closed flat on Wednesday after US President Donald Trump softened his rhetoric around the…
Business
Oil prices settle higher on force majeure at Kazakh field, slow Venezuela exports
Oil prices closed 0.5 per cent higher on Wednesday on optimism around tighter supply after a temporary shutdown at two large fields in…
Business
US stocks: Wall Street ends higher on Greenland framework deal
three Wall Street benchmarks closed higher on Wednesday, buoyed by the news that a framework for an agreement on Greenland had been…
Business
Who Is Barret Zoph? Co-Founder of $12B AI Startup Fired after CEO Mira Murati Learns of Office Affair as Both Lovebirds Go Back to OpenAI
A co-founder of a Silicon Valley AI startup worth about $12 billion has been fired after months of internal upheaval, which reportedly…
Business
Customer experience platform Toku’s IPO 31.9 times subscribed
Customer experience platform Toku’s initial public offering (IPO) was 31.9 times subscribed, the company said on Wednesday (Jan 21). The…
Business
UOB’s Sydney branch prices A$2 billion in five-year notes
UOB’s Sydney branch has priced a combined A$2 billion (S$1.7 billion) in two tranches of five-year senior unsecured notes, comprising…
Business
Wall Street opens higher after rout, Trump speech in focus
stocks staged a modest recovery on Wednesday (Jan 21) after the sharpest equities sell-off in three months, as investors digested…
Business
Asian equities hold ground as Japan bond jitters ease, after Wall Street slide
Spillover from Japan’s debt market moves appear limited as regional investors turn to policy signals from Davos Asian equity markets…
Business
Asian equities hold ground as Japan bond jitters ease; Wall Street up in early trade
Spillover from Japan’s debt market moves appear limited as regional investors turn to policy signals from Davos Asian equity markets…
Business
OpenAI seeks to increase global AI use in everyday life
It aims to expand the reach of its products and close the gap between countries with and without access to AI OpenAI is expanding its…
Business
US inflation, not geopolitics, remains biggest risk to markets in 2026, says this chief investment strategist
LGT Private Banking’s Stefan Hofer cautions that market volatility will be ‘much higher’ this year A resurgence in US inflation – rather…
Business
Ryanair says online sparring with Musk is good for business
Bookings have risen 2% to 3% in the aftermath of the social media brawl between the corporate titans Ryanair Holdings’s chief executive…
Business
California crypto startup moves to South Dakota as debate over proposed wealth tax heats up
California cryptocurrency startup BitGo has moved to South Dakota ahead of its initial public offering and amid a heated debate about a…