Business
Singapore hedge fund with 33% gain bets big on Suzuki Motor
Suzuki’s shares have more than doubled since a 2022 low, beating the MSCI world auto benchmark’s 2.9 per cent rise A SINGAPORE-BASED hedge…
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Business
UOL H2 net profit falls 60% in absence of one-time gain
PROPERTY player UOL Group posted a 60 per cent fall in net profit to S$227.8 million for the six months ended Dec 31, 2024. This was…
Business
Singapore shares gain ground; STI rises 0.3% despite Yangzijiang Shipbuilding dive
The three local banks show mixed performance, with DBS declining while OCBC and UOB advance SINGAPORE equities climbed on Thursday (Feb…
Business
OCBC, UOB poised to gain most from JS-SEZ; DBS could seek to expand Malaysia footprint: analysts
The zone will enable the banks with networks that are entrenched in the two markets to gain from stronger investment flows AMONG the trio…
Business
Singapore stocks end up on Friday as regional indices gain ground; STI expands 0.1%
SINGAPORE equities finished higher on Friday (Feb 21) amid regional gains and a flurry of earnings reports. The benchmark Straits Times…
Business
Wilmar posts 39.4% fall in H2 net profit on absence of year-ago gain, weak sugar price
AGRIBUSINESS Wilmar International posted a 39.4 per cent fall in net profit to US$590.2 million for the six months ended December 2024.…
Business
Gold prices on track for weekly gain; US data on tap
GOLD prices remained stable on Friday (Jan 10) during early Asian hours, poised for their strongest week since mid-November, as investors…
Business
US: Wall St opens higher after report of selective Trump tariffs; chip stocks gain
WALL Street’s main indexes opened higher on Monday (Jan 6) as optimism around AI boosted technology stocks, and a report suggested the…
Business
Singapore stocks gain at Friday’s open; STI up 0.4%
SINGAPORE shares began trading stronger on Friday (Jan 3) morning after global indices ended mixed overnight. As at 9.01 am, the Straits…
Business
Canadian dollar notches biggest weekly gain since August
THE heavily shorted Canadian dollar steadied against its US counterpart on Friday (Nov 22), with the currency holding on to a weekly gain…
Business
Safe-haven gold on track for weekly gain
GOLD prices were steady on Friday (Nov 22) but still poised for a weekly gain, driven by safe-haven demand due to escalating geopolitical…
Business
Global EV sales up 35% in October, Europe ekes out a gain
GLOBAL sales of fully electric and plug-in hybrid vehicles rose 35 per cent in October from the same month last year, with growth across…
Business
Singtel’s H1 profit falls 42.4% to S$1.23 billion in absence of exceptional gain
SINGTEL’S net profit for the first half ended September fell 42.4 per cent year on year to S$1.23 billion from S$2.14 billion. This was in…
Business
Singtel’s interim dividend up 35%, H1 profit falls 42.4% to S$1.23 billion in absence of exceptional gain
Soft enterprise demand is expected to improve in the coming months, and data centre customers are paying reservation fees to secure…
Business
Oil settles up, weekly gain 4% as investors weigh Middle East risk and US election
Oil prices settled higher on Friday (Oct 25) and gained 4 per cent on the week, with investors taking stock of the ongoing conflict in the…
Business
Markets gain amid bargain hunting; Sensex ends 592 points higher
2 min read Last Updated : Oct 14 2024 | 8:45 PM IST India’s benchmark indices gained on Monday led by heavyweights HDFC Bank, Infosys, and…
Business
Europe: Stocks gain with rates outlook, earnings in focus
EUROPEAN stocks gained on Friday (Oct 11) as investors assessed the impact of hotter-than-expected US inflation data and the third-quarter…
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No Gain No Love Star Shin Min Ah in Talks to Portray Express in Upcoming Fantasy Romance Drama
Actress Shin Min Ah, who received lots of love from K-drama fans worldwide for portraying Son Hae Yeong in the tvN drama No Gain No Love,…
Business
India's brain gain: 40 Indian univ alumni join US unicorn founders club
2 min read Last Updated : Oct 02 2024 | 10:47 PM IST US startup unicorn founders who studied in India, Israel, and Canada compete for top…
Business
Hedge funds pile into China looking for any way to gain exposure
HEDGE funds are piling into Chinese stocks at a record pace on bets Beijing’s stimulus blitz will speed up the recovery of the nation’s…
Business
Airline stocks IndiGo, SpiceJet gain after govt slashes ATF rates
Aviation stocks, IndiGo, SpiceJet, ATF rates 2 min read Last Updated : Oct 01 2024 | 12:15 PM IST InterGlobe Aviation (IndiGo) and…
Business
BSNL's market share gain from lower tariffs unlikely to impact Airtel, Jio
2 min read Last Updated : Sep 24 2024 | 9:11 PM IST While BSNL may gain some market share due to lower tariffs, the state-run telecom…