Business
US: Wall Street closes higher as investors shrug off jobs data, US shutdown
Wall Street’s main stock indexes rose on Wednesday (Oct 1), with strong support from the healthcare sector, despite weaker-than-expected…
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Business
US: Wall St opens higher
Wall Street’s main indexes opened higher on Monday (Sep 29), kicking off a potentially turbulent week on a strong footing as investors…
Business
Lufthansa announces 4,000 job cuts and higher profitability targets
Lufthansa will cut 4,000 administrative jobs by 2030 and set higher profitability targets, the German airline group said on Monday (Sep…
Business
CapitaLand Commercial C-Reit opens 19.6% higher than IPO price in Shanghai debut
CLI’s ability to add scale and diversity to Reit’s portfolio to enhance its performance distinguishes CLCR from its competitors, says CEO…
Business
Asia: Most markets track Wall Street higher after US inflation data
MOST Asian markets rose on Monday, tracking gains on Wall Street, following US inflation figures that met expectations and soothed…
Business
US: Wall Street opens higher after inflation data calms rate-cut jitters
Wall Street’s main indexes opened higher on Friday (Sep 26), after the latest inflation data came in line with expectations, easing…
Business
Income funds with higher yields as lower rates weigh on investors: Morningstar
Investors seeking steady income streams are reassessing their options as yields on Singapore Treasury bills (T-bills) plummet this year,…
Business
Fed funds rate seen edging higher within range as costs rise
The effective federal funds rate, which has held near the bottom of the US Federal Reserve’s target range for its benchmark over the past…
Business
Chery Automobile set to price Hong Kong IPO at higher end of range
Chery Automobile is set to price its Hong Kong initial public offering (IPO) at the high end of a marketed range after strong demand for…
Business
Closer alignment of interests between independent directors and minorities key to driving ‘Next 50’ stocks higher
Efforts by MAS to help companies boost shareholder value should be supplemented with moves to incentivise IDs to play a more active...…
Business
US: Wall St opens higher after rally, FedEx gains
Wall Street’s main indexes opened higher on Friday (Sep 19) after rallying to record highs in the previous session, while FedEx rose as…
Business
Hongkong Land closes 1.2% higher on S$738.7 million MCL Land divestment
It is selling its Singapore and Malaysia residential property arm to Malaysian conglomerate Sunway Group as it exits the residential…
Business
Apple’s higher prices give iPhone doubters reason for optimism
Apple’s latest iPhones did not dazzle with new features, but investors are starting to look past that, seeing higher price tags on the…
Business
Europe: Chip-led technology rally drive Stoxx 600 higher after Fed rate cut
EUROPEAN shares ended on Thursday on a strong note in a chipmaker-driven rally, further powered by the resumption of the US Federal…
Business
US: Wall St opens higher after Fed indicates more rate cuts
Wall Street’s main indexes opened higher on Thursday (Sep 18), a day after the US central bank delivered a quarter-point interest rate…
Business
Oil settles over 1% higher as Ukraine drone attacks target Russian supply
Oil prices rose over a dollar a barrel on Tuesday, as traders weighed the possibility that Russian supplies may be disrupted by Ukrainian…
Business
US: Wall Street opens higher on rate cut expectations
Wall Street’s main indexes opened higher on Tuesday (Sep 16) as investors priced in expected interest rate cuts from the Federal Reserve…
Business
Oil settles higher as investors assess attacks on Russian energy facilities
Oil prices settled higher on Monday as investors assessed the impact of Ukrainian drone attacks on Russian refineries and of US President…
Business
US: Wall Street opens higher as Fed meeting week begins; Tesla climbs
Wall Street indexes opened slightly higher on Monday (Sep 15), setting the stage for a week dominated by the Federal Reserve’s policy…
Business
Europe: Stoxx 600 slips as French rating review looms; still ends week higher
European shares ended the week on a strong note, but were a little lower on Friday (Sep 12) as investors turned cautious ahead of Fitch’s…
Business
Yangzijiang Financial closes 7.4% higher amid heavy trading, hits record in intra-day trade
The company will be added to STI’s reserve list, comprising the five highest-ranking non-constituents of the index by market…
Business
Europe: Stoxx 600 ends higher after ECB’s expected ‘hold’ verdict, defence stock boost
EUROPEAN shares finished higher on Thursday as a rally in defence stocks helped lift the main index, with investors taking in a widely…
Business
US: Wall St opens higher after inflation data keeps rate cut bets firm
Wall Street’s main indexes opened slightly higher on Thursday (Sep 11) after the latest inflation reading kept the US central bank on…
Business
Singapore stocks end higher amid mixed regional trading; STI up 0.2%
On the STI, UOL is the top gainer, up 3.9%; Thai Beverage is the biggest decliner, shedding 1.1% Local stocks tracked overnight gains on…