Business
Gold rises, poised for weekly gain on softer dollar
GOLD prices edged higher on Friday and were poised for a weekly rise, supported by a weaker dollar, although gains were kept in check by…
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gain
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Cyberattack leaves Asahi struggling as rival brewers gain ground
AS JAPAN gears up for its busiest beer-drinking season, the country’s largest brewer is struggling to stay on tap - with its systems still…
Business
Europe: Shares gain on hope of end to US government shutdown; Diageo shines
EUROPEAN shares rose on Monday, echoing a buoyant mood across global markets as investors cheered initial signs that the historic US…
Business
Singtel unit sells 0.8% stake in Bharti Airtel for about S$1.5 billion, booking estimated S$1.1 billion gain
The sale reduces Singtel’s effective stake in Bharti Airtel from 28.3 per cent to 27.5 per cent Singtel has unlocked S$1.5 billion from…
Business
Gold rises on bargain hunting and US rate cut, set for monthly gain
Traders have scaled back bets that the Fed will cut rates again at its next policy meeting on Dec 10 after remarks from Fed chair Jerome…
Business
Bank of China delivers 5% gain in profit as margin stabilises
Bank of China reported a 5 per cent increase in third-quarter profit, as the lender managed to stabilise its net interest margin despite…
Business
Gold plunge knocks CNMC Goldmine off pedestal after 400% gain
This follows a recent wave of sell-offs amid profit taking by investors who fear that gold’s recent rally has left it overvalued Shares of…
Business
Europe: Shares gain, French stocks at highs as investors focus on earnings
EUROPEAN shares closed slightly higher on Tuesday, following a 1 per cent jump in the previous session, as investors assessed mixed…
Business
Hedge funds are using options to bet on year-end US dollar gain
Hedge funds worldwide look to be favouring the US dollar in the option market as they bet that the currency’s rebound versus most major…
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Oil prices gain 1% after lower-than-expected Opec+ output hike
Oil prices rose about 1 per cent in early trade on Monday after Opec+ announced a more modest monthly increase in production than…
Business
Europe: Stocks gain on healthcare, luxury amid US shutdown watch
EUROPEAN shares ended slightly higher on Monday as gains in healthcare and luxury stocks offset weakness in banks and energy, while…
Business
Singapore companies stand to gain from new global digital resource platform: Josephine Teo
The digital gateway aims to benefit policymakers from other countries and multilateral organisations Singapore companies may gain new…
Business
Australian shares hit near 2-week high as banks, healthcare stocks gain
Australian shares rose on Monday (Sep 29), led by financials ahead of a widely expected hold on interest rates by the central bank, while…
Business
New Next 50 Indices help shape investment decisions, but could take time to gain traction
A key step in their adoption will be financial institutions developing linked products, enabling broader investor participation: analysts…
Business
Copper holds gain as production halt at Indonesia mine persists
The latest report signals there may be a prolonged suspension at the mine that could quickly tighten the market Copper held gains from the…
Business
STI closes flat on Tuesday as regional peers gain
Decliners outnumber advancers 278 to 256 in the broader market with 1.5 billion shares worth S$1.4 billion changing hands The Straits…
Business
Japan's Nikkei ends at record high as chip-related shares gain on Wall Street boost
Japan’s Nikkei share average ended at a closing high for a second straight session on Friday (Sep 12), as chip-related stocks tracked Wall…
Business
Ellison rivals Musk as world’s richest man with US$70 billion gain
Larry Ellison is closing in on Elon Musk for the title of the world’s richest person. His fortune soared US$70 billion after Oracle…
Business
Ellison tops Musk as world’s richest man after US$101 billion gain
Ellison, who co-founded Oracle, has the bulk of his net worth tied up in the database software company Larry Ellison has become the…
Business
Oracle co-founder Ellison tops Musk as world’s richest man after US$101 billion gain
Ellison, who co-founded Oracle, has the bulk of his net worth tied up in the database software company Larry Ellison has become the…
Business
Chinese EVs set to gain share in Singapore as rebates extended
More EV makers from the world’s biggest automobile market are also launching in the city-state Chinese automakers such as BYD look set to…
Business
Gold poised for monthly gain on soft dollar, US rate-cut hopes
GOLD prices were on track for a monthly rise on Friday after striking a more than one-month peak in the previous session, supported by an…
Business
Europe car sales gain most in 15 months as consumers warm to EVs
Europe’s new-car market rose the most in 15 months in July, as consumers shrugged off concerns over the global economy to splash out on…
Business
Xiaomi plans Europe foray in 2027 after EV sales gain pace
Xiaomi intends to sell its first electric vehicle (EV) in Europe by 2027, declaring plans to take on Tesla and BYD globally after gaining…