Business
Hot stock: Parkson Retail Asia surges as much as 16.2% upon watch list exit
SHARES of Parkson Retail Asia spiked on Friday (Oct 4) morning amid heavy trading volumes, following an announcement by the…
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Business
Business
Stock Market LIVE Updates: GIFT Nifty, weak global cues signal likely slower open for Sensex, Nifty
Stock Market LIVE Updates, Friday, October 4, 2024: GIFT Nifty futures, trading around 50 points behind Nifty futures at 7:42 AM,…
Business
Gold holds steady as traders wait for US payroll data
GOLD prices traded flat on Thursday (Oct 3) but were slightly down for the week, as market focus shifted to a crucial US payrolls report…
Business
Citadel boosts Asia fundamental equities headcount past 60
CITADEL’S US$64 billion hedge fund business has increased its Asia fundamental equities headcount to more than 60 people in just over…
Business
Singapore shares open lower on Friday; STI down 0.2%
SINGAPORE stocks declined at the opening bell on Friday (Oct 4), after geopolitical tensions in the Middle East left Wall Street and…
Business
US port strike ends, leaving cargo backlog
US East Coast and Gulf Coast ports began reopening late on Thursday (Oct 3) after dockworkers and port operators reached a wage deal to…
Business
Stocks to watch: UOB, Qian Hu
THE following companies saw new developments that may affect trading of their securities on Friday (Oct 4): UOB: The bank’s Sydney branch…
Business
Binance’s crypto market share drops to lowest level in four years
BINANCE’S rehabilitative efforts appear to be slow to take root, with the largest crypto platform’s share of trading volume in the roughly…
Business
Tesla plans four new batteries in 2026, including for robotaxi: report
TESLA plans to design four new versions of its in-house battery to power the Cybertruck, its forthcoming robotaxi and other electric…
Business
ExxonMobil expects third-quarter earnings were hit by lower oil prices
A SLUMP in oil prices probably reduced ExxonMobil’s third-quarter upstream earnings by US$600 million to US$1 billion, the oil major…
Business
Europe: Shares fall as Middle East jitters curb risk-taking
EUROPEAN shares declined on Thursday (Oct 3), as investors remained wary of risk-taking amid elevated geopolitical tensions in the Middle…
Business
US: Stocks fall amid caution over Middle East
WALL Street stocks slipped on Thursday (Oct 3), extending a downcast week as markets assessed tensions in the Middle East and awaited key…
Business
Will ESR-Logos Reit cash in on buying interest in short-lease hospitality assets?
Even if the price fetched is below the end-2023 valuation, it may be worthwhile for the Reit to strike a deal for its hotel and convention…
Business
Govt ports outpace private peers in cargo traffic growth, shows data
3 min read Last Updated : Oct 04 2024 | 12:18 AM IST In a reversal of usual trends, central government-owned ports, also called major…
Business
Revving up arms sales: 4 strategies to accelerate India's defence exports
6 min read Last Updated : Oct 04 2024 | 12:18 AM IST Ministry of Defence (MoD) data indicates that India’s defence exports reached a…
Business
Taking stock of B'desh: Visa woes slow Petrapole border's road to normalcy
Premium A new cargo gate, Maitri Dwar, is expected to facilitate trade. (Photo: ISHITA AYAN DUTT) 4 min read Last Updated : Oct 03 2024 |…
Business
West Asia conflict escalation poses significant economic risks: IMF
The IMF estimates that Gaza's GDP declined 86 per cent in the first half of 2024. | Photo: Bloomberg 3 min read Last Updated : Oct 03 2024…
Business
Reliance Power to raise Rs 4,198 crore through convertible bonds
2 min read Last Updated : Oct 03 2024 | 10:05 PM IST The board of directors of Reliance Power has approved plans to raise Rs 4,198 crore…
Business
Swiggy gets shareholder nod to use provision to upsize IPO fresh issue
2 min read Last Updated : Oct 03 2024 | 9:16 PM IST SoftBank-backed Indian food delivery company Swiggy received shareholders' approval to…
Business
BoB to sell Oman operation to Bank Dhofar as part of rationalisation
The total business of BoB operation in the country was 113.35 million Omani Rial. | Photo: Shutterstock 2 min read Last Updated : Oct 03…
Business
Safe-haven US dollar climbs; sterling falls on dovish Bailey comments
THE US dollar strengthened on Thursday (Oct 3) on expectations the US Federal Reserve will not rush to cut interest rates, while the pound…
Business
Broking stocks end mixed after Sebi's new F&O framework tightening
3 min read Last Updated : Oct 03 2024 | 5:46 PM IST Shares of BSE, the only listed equity bourse, rose 3 per cent, while Angel One, a…
Business
China’s WuXi explores sale of pharma operations as US restrictions loom: FT
WUXI AppTec and WuXi Biologics are planning to sell some of their operations after the Chinese biotech companies were targeted by the US…
Business
Singapore stocks fall as regional bourses end mixed; STI down 0.2%
Across the broader market, decliners beat advancers 340 to 261, after 1.3 billion shares worth S$1.3 billion change hands SINGAPORE shares…