Business
Markets Rally on Surprise US-Japan Trade Deal; Investors Await EU Talks, Earnings Reports
Asian markets climbed after President Donald Trump said that he had struck a trade deal with Japan. The deal shrinks tariffs on Japanese…
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earnings
Business
Trump tariffs take US$1-billion bite out of GM earnings, shares fall
General Motors’ (GM) second-quarter earnings took a US$1.1-billion hit from tariffs, but the automaker still beat analyst expectations for…
Business
Caution Grips on Asian Markets as Tariff Deadline and Earnings Wave Approach
Asian share markets dipped on Tuesday, following a second straight day of gains on Wall Street. The MSCI Asia-Pacific Index (excluding…
Business
US: Wall St opens muted with corporate earnings, trade talks in focus
Wall Street opened flat on Tuesday (Jul 22) as investors weighed signs of potential trade deals between the US and its partners ahead of…
Business
Asia: Stocks mixed with trade and earnings in focus; Tokyo reopens with gains
Asian markets were mixed on Thursday as traders kept an eye on earnings from Wall Street titans this week while tracking US trade talks…
Business
Europe: Shares end lower as investors assess mixed earnings; focus on trade talks
EUROPEAN shares ended a choppy session in the red on Monday, as investors weighed a mixed bag of corporate earnings and keenly awaited the…
Business
US: S&P 500 hits fresh record to open big earnings week
Wall Street stocks finished mostly higher on Monday following a quiet session ahead of earnings reports later in the week from General…
Business
US: Wall Street opens higher with tech earnings, trade updates in focus
Wall Street’s main indexes opened higher on Monday (Jul 21), as investors welcomed the prospects of new trade deals to kick off a week…
Business
Europe: Shares end flat as markets assess earnings flurry
EUROPEAN shares were unchanged on Friday, as losses in heavyweight healthcare shares were countered by an advance in oil and gas stocks,…
Business
US: Wall Street opens higher as investors weigh data, earnings
Wall Street opened higher on Friday (Jul 18), with investors weighing a week of mixed economic signals and earnings reports, while…
Business
Europe: Shares see first daily gain in five on strong earnings
European shares snapped a four-day losing streak on Thursday (Jul 16), boosted by gains in industrials ABB and Legrand after they reported…
Business
US: Wall St opens higher as inflation data, earnings take centre stage
Wall Street’s main indexes opened higher on Wednesday (Jul 16) as investors sifted through new inflation data and digested a fresh round…
Business
Global Stocks Rise Ahead of Tariff Talks and U.S. Earnings, Inflation Data
Stocks worldwide rose on Tuesday, supported by tentative optimism ahead of an important week for U.S. corporate earnings and inflation…
Business
US: S&P 500, Nasdaq open higher after inflation data; focus on bank earnings
The Nasdaq and the S&P 500 opened higher on Tuesday (Jul 15) after fresh inflation data, while banking heavyweights kicked off the…
Business
US tariffs put spotlight on industrial S-Reits’ upcoming H1 earnings
Market watchers remain cautious on the performance of industrial Singapore-listed real estate investment trusts, or S-Reits, ahead of the…
Business
Trump's Tariff Threat Sends World Stock Markets Sliding; Wall Street Hopes for Trade Resolution Before Earnings
Global stock futures tumbled early Friday in Asia as President Donald Trump doubled down on tariff threats against major U.S. trading…
Business
CGSI downgrades Grab to ‘hold’ with earnings growth expected to slow in H2
CGS International (CGSI) has downgraded its rating on Grab Holdings to “hold” from “add”, anticipating a slowdown in earnings growth in…
Business
‘Defensive play benefiting from volatility’: Analysts positive on SGX earnings, raise target prices
Analysts are positive on Singapore Exchange (SGX), amid the recent months’ rise in trading volumes and volatility. SGX can be considered a…
Business
Tariffs, potential MSCI ousting may dampen Genting Singapore’s expected H2 earnings uplift: DBS
Genting Singapore might not get as much of an uplift as was hoped for. This is as macroeconomic uncertainties, tariffs and a potential…
Business
ExxonMobil sees US$1.5 billion earnings hit from lower oil, gas prices
US President Donald Trump’s trade war and larger-than-expected supply increases from Opec and its allies weighed on oil prices, while US…
Business
Private-hire group urges Grab to delay bonus revamp, over fears that drivers’ earnings will be hurt
The National Private Hire Vehicles Association (NPHVA) has urged Grab to delay changes to its driver incentive scheme, saying it is…
Business
DBS raises target price for Sheng Siong on steady earnings growth, margin superiority
DBS Research Equity on Tue (Jun 10) raised its target price for Sheng Siong to S$2.30 from S$2 on the back of strong earnings growth and…
Business
DBS raises DFI Retail Group Holding’s target price, citing strong potential to grow earnings
DBS bank on Monday (Jun 9) raised its target price for DFI Retail Group from US$3 to US$3.60 and maintained its “buy” rating, citing a…
Business
Maybank cuts view on Malaysian banking sector to ‘neutral’ as tariffs, slower GDP weigh on earnings
Maybank Investment Bank has downgraded its rating for the Malaysian banking sector to “neutral”, from “positive” previously, due to slower…