Business
STI crosses 4,700 mark for first time buoyed by DBS, OCBC gains
The blue-chip Straits Times Index (STI) breached the 4,700-point mark for the first time on Tuesday (Jan 6), setting it on course for a…
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gains
Business
US stocks: S&P 500, Nasdaq end flat in holiday-thin trade, Meta gains on deal
The S&P 500 and the Nasdaq closed little changed in choppy trading on Tuesday, as gains in communication services stocks were offset by…
Business
European stocks hit fresh record close as tech, staples drive post-holiday gains
Investor focus in this holiday-shortened week will be on Tuesday’s release of the minutes of the US Federal Reserve’s last meeting…
Business
Oil gains as investors weigh Middle East tensions
Oil prices rose in early Asian trading on Monday (Dec 29) as investors weighed Middle East tensions that could disrupt supply, while a…
Fashion
Footwear Trends Show Fashion Gains as Casual Athletic ‘Normalizes’
With fashion appearing to be on the rebound, Steven Madden Ltd. could be the biggest beneficiary of the new shoe trend, according to BTIG…
Business
Singapore stocks inch up on inflation forecast; STI gains 0.6%
Local shares closed higher on Tuesday (Dec 23), after the authorities maintained their full-year forecasts for Singapore’s core and…
Business
AI jitters knock Stoxx 600 lower, wiping out early-week gains
Investors also favour a likelihood of White House economic adviser Kevin Hassett becoming the next Fed chair, a scenario that could lead…
Business
Asian traders cheer US rate cut but gains tempered by outlook
MOST Asian markets rose on Thursday as traders welcomed the Federal Reserve’s third straight interest rate cut, though the euphoria was…
Business
Crypto exchange Binance gains regulatory win in Abu Dhabi
Binance Holdings has won three separate licenses from Abu Dhabi’s financial regulator, giving the crypto exchange giant one of its most…
Business
Gold gains as Fed rate-cut optimism dents dollar
Dovish commentary from several Fed officials has further fuelled expectations of monetary easing Gold prices edged higher on Monday (Dec…
Business
US: Wall St closes with slight gains as data keeps Fed cut expectations on track
US stocks closed out the trading week with slight gains on Friday (Dec 5) as the latest flurry of economic data kept elevated expectations…
Business
Europe: Shares clock weekly gains on ongoing Fed cut optimism
European shares were little changed on Friday (Dec 5) and ended the week with modest gains, while investors evaluated a long-delayed US…
Business
European shares clock monthly gains on Fed rate cut hopes
Next week, investors expect some focus on Russia-Ukraine peace talks. European shares ended higher on Friday (Nov 28), capping a strong…
Business
Singapore stocks track regional gains on Thursday; STI up 0.2%
Across the broader market, gainers outnumber losers 270 to 216 after 1.2 billion securities worth S$1.2 billion change hands. Singapore…
Business
Singapore stocks track Wall Street gains; STI up 0.4%
Across the broader market, gainers outnumber losers 280 to 258, after 1.3 billion securities worth S$1.3 billion change hands Singapore…
Business
Japan's Nikkei surges after Wall Street's gains
Japan’s Nikkei share average surged on Wednesday (Nov 26), with tech stocks leading the charge in a broad-based rally after Wall Street…
Business
Singapore stocks fall, bucking regional gains; STI down 0.2%
Across the broader market, gainers outnumber losers 310 to 247 after 1.3 billion securities worth S$1.4 billion change hands Singapore…
Business
WeRide trims losses as China’s robotaxi race gains momentum
The company currently holds autonomous driving permits in eight countries, the most out of all robotaxi players in the region WeRide…
Business
Alphabet races towards US$4 trillion valuation as AI-fuelled gains accelerate
Alphabet closed in on a US$4 trillion valuation on Monday (Nov 24), set to become only the fourth company to enter the exclusive club, as…
Business
Rupee gains as RBI returns to defend currency after slump
INDIA’S rupee bounced back after the Reserve Bank of India (RBI) resumed efforts to support it, following a sharp drop last Friday when…
Business
European arms makers retreat as Ukraine peace plan gains traction
European defence shares fell to their lowest levels since late August on Friday (Nov 21), pausing their strong run this year, after…
Business
Bitcoin erases 2025 gains as investors fret over the macro environment
As at Nov 20, cryptocurrency’s value is 2.4% lower than that at the start of the year Bitcoin’s correction has erased the gains it made in…
Business
Gold gains with traders awaiting US data for fresh Fed cues
Traders now see nearly a 33% chance for a rate cut at the Fed’s Dec 9 to 10 meeting Gold prices edged higher on Thursday (Nov 20), as…
Business
Oil gains almost 2% as Russian port suspends oil exports after Ukrainian attack
Oil prices climbed nearly 2 per cent on Friday (Nov 14), boosted by supply fears after the Black Sea port of Novorossiisk halted oil…