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Singtel shares end 2.9% higher on Bharti Airtel share sale, talks for data centre deal
Shares of Singtel surged as much as 5.1 per cent on the back of news that one of its units will sell US$1.2 billion worth of Bharti Airtel…
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OCBC shares soar 3.8% after posting Q3 earnings that beat expectations
Shares of OCBC jumped 3.8 per cent on Friday (Nov 7) morning after the release of its financial results for the third quarter ended…
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OCBC shares hit record high after Q3 earnings beat expectations; ends 3.4% higher
Shares of OCBC jumped by more than 4 per cent on Friday (Nov 7) morning after the release of its financial results for the third quarter…
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Qantas eases throttle on domestic outlook, trims first-half domestic revenue forecast
AUSTRALIAN flag carrier Qantas Airways on Friday cut its first-half domestic unit revenue outlook and nudged up its fuel bill, citing…
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Ringgit rises to 13-month high on fading rate-cut view, growth outlook
THE Malaysian ringgit gained to the strongest in more than a year on fading expectations for a central bank interest-rate cut and by…
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Stocks to watch: OCBC, Singtel, CLI, Genting Singapore, Yangzijiang Financial, FLCT, Far East Orchard
The following companies saw new developments that may affect trading of their securities on Friday (Nov 7): Source link
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Frasers Logistics & Commercial Trust H2 DPU drops 11.1% to S$0.0295
Revenue for the period rises 3.7% to S$239.2 million, from S$230.6 million previously The manager of Frasers Logistics & Commercial Trust…
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SIA Engineering: analysts upgrade the stock as growth, supply chain outlook improves
The analysts’ upbeat outlook comes on the back of the company’s Q2 results, in which net profit is up 13.5% at S$40.4 million Analysts are…
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'Our job is only killing' - how Sudan's brutal militia carried out a massacre
Warning: This story contains graphic descriptions of executions. Fighters laugh as they ride on the back of a pick-up truck, speeding past…
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Federal Reserve’s Hammack says inflation a bigger concern than labour market
FEDERAL Reserve Bank of Cleveland President Beth Hammack said monetary policy should continue putting downward pressure on inflation,…
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First Brands says it needs US$600 million or ‘it’s game over’
FIRST Brands Group lawyers said the company needs access to its roughly US$600 million of remaining bankruptcy financing to keep the…
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Social media giants must stand trial on addiction claims
META Platforms, ByteDance, Alphabet and Snap must face trial over claims that they designed social media platforms to addict youths, a…
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Goldman Sachs to promote highest number of executives to managing director since 2021
The promotions include 31 per cent Asian, 3 per cent Black and 4 per cent Hispanic or Latino staff Wall Street lender Goldman Sachs will…
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OCBC Q3 profit flat at S$1.98 billion; beats expectations
OCBC’s net profit was flat for its third quarter, supported by higher non-interest income and lower allowances, it said on Friday (Nov 6).…
Business
OpenAI boss calls on governments to build AI infrastructure
OPENAI CEO Sam Altman called on world governments on Thursday to invest in AI infrastructure, as questions grow about whether the…
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World leaders launch fund to save forests, get first $5 bn
World leaders attending a climate summit in Brazil launched a fund Thursday to save the world's forests, quickly raking in over $5 billion…
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Tesla shareholders approve US$878 billion pay plan for Elon Musk
Tesla CEO Elon Musk scored a resounding victory on Thursday as shareholders approved a pay package of as much as US$878 billion over the…
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US: Wall Street ends lower on tech valuations, economic jitters
US stocks closed in negative territory on Thursday, with a resumption of Tuesday’s tech selloff as investors contended with mounting…
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Bal Harbour Shops, a Beacon of Luxury and High-touch Service, Celebrates 60 Years
For five hours Wednesday night at Bal Harbour Shops in north Miami, the Champagne was flowing, the crowd was dancing and mood was…
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Europe: Stocks fall as tech nerves sap sentiment; earnings, economic data in focus
EUROPEAN stocks fell on Thursday, dragged by technology stocks that came under fresh selling pressure while investors assessed mixed…
Business
Ulta Beauty Makes Middle East Debut With Kuwait Store, Plans Expansion in Dubai and Saudi Arabia
Ulta Beauty has landed in the Middle East. After debuting internationally in Mexico earlier this year, the Bolingbrook, Ill.-based beauty…
Business
Oil falls as investors weigh potential supply glut, weak demand
Oil prices declined on Thursday as investors considered a potential supply glut, as well as weakened demand in the United States, the…
News
Judge Rips CBP Chief for Lying Under Oath About Attacking Protesters
The CBP chief had originally claimed that Bovino deployed tear gas canisters after he was hit in the head by a rock, but in his hourslong…
Business
Singapore’s big board refresh... and what lies beyond
The nine-year rule has been a necessary jolt, forcing boards to re- examine composition, succession and independence IN THE wake of…