Fashion
US: Nasdaq, S&P 500 open lower as Alphabet, AMD forecasts disappoint
THE tech-heavy Nasdaq led losses among the major Wall Street indexes at the open on Wednesday (Feb 5), following downbeat forecasts from Alphabet and AMD in a busy day...
Uber’s fourth-quarter earnings miss overshadows bookings growth
UBER Technologies reported weaker-than-expected fourth-quarter earnings and operating income, overshadowing steady bookings growth.Adjusted earnings before interest, taxes, depreciation and amortisation were US$1.84 billion, just shy of the US$1.85 billion...
CapitaLand Malaysia Trust to buy three freehold industrial properties in Johor-Singapore SEZ for RM72 million
CAPITALAND Malaysia Trust (CLMT), a subsidiary of CapitaLand Investment, on Wednesday (Feb 5) signed a conditional agreement to acquire three freehold industrial properties for a cash consideration of RM72...
Over 500 investors start claims process against Switzerland for Credit Suisse AT1 write-down: Singapore law firm
They are claiming losses amounting to about US$250 million, making it the the largest claim against the European country in treaty arbitration to dateMORE than 500 investors have started...
Over 500 investors, including 300 Singaporeans, kick off claim against Switzerland over Credit Suisse bond losses of over US$250 million
Drew & Napier is leading action by investors who saw their investments wiped out when CS AT1 bonds were written down as part of takeover by UBSMORE than 500...
GSK plans £2 billion share buyback, boosts long-term outlook
GSK plans to buy back £2 billion (S$3.4 billion) of shares as it raised its long-term growth outlook on optimism around its drug pipeline.The British drugmaker boosted its 2031...
Investors eye more share buybacks, special dividends as DBS, OCBC, UOB release Q4 earnings
The local banking trio are due to report their fourth quarter and full year 2024 results in FebruaryINVESTORS are keenly watching the capital management plans of the Singapore banks,...
Singapore investors lead Asean peers with 22% surge in purchase of gold bars, coins in 2024
SINGAPORE investors did not shy away from physical gold despite its soaring prices in 2024, leading the demand growth in Asean region with 6.5 tonnes of gold bars and...
Thailand to roll out next phase of handout scheme in Q2, plans more stimulus
So far about 17.5 million people have received payments since it started last SeptemberTHAILAND’S government will implement the third phase of its 450 billion baht (S$18 billion) stimulus scheme...
Philippine central bank to take ‘measured approach’ in easing as inflation steadies
THE Philippine central bank will take a “measured approach” in easing policy rates, it said on Wednesday (Feb 5), as annual inflation held steady at 2.9 per cent in...
