Business
UOB soars 3.6% to hit record as OCBC also hits a high; STI jumps 1%
Shares of OCBC and UOB hit record highs on Friday (Jan 23), driving the Straits Times Index (STI) to an all-new peak. UOB shares rose 3.6…
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Business
UOB, OCBC hit records, drive STI to all-time high
Shares of OCBC and UOB hit record highs on Friday (Jan 23), driving the Straits Times Index (STI) to an all-time peak. UOB surged as much…
Business
UOB, OCBC hit record highs; STI reaches all-time peak
Shares of UOB and OCBC hit record highs on Friday (Jan 23), driving the Straits Times Index (STI) to an all-time peak. UOB surged 5 per…
Business
Aberdeen adviser unit hit by outflows over UK Budget uncertainty
Its clients pulled out £2.5 billion in the three months till December, against £500 million in the previous period Aberdeen Group reported…
Business
Gold slips as profit-taking, softer geopolitical tone hit safe-haven demand
Gold slipped on Thursday (Jan 15) as investors booked profits after three consecutive sessions of record highs, while an apparent softer…
Business
Retailers Hit Holiday Expectations With a 4.1 Percent Sales Gain
Holiday 2025 sales rose 4.1 percent despite weaker consumer sentiment, producing a season that was ultimately in line with industry…
Business
Abercrombie & Fitch Shares Take a Hit Despite Positive Outlook
Fran Horowitz, the chief executive officer of Abercrombie & Fitch Co., received a warm reception from the crowd at the NRF Big Show on…
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China’s industrial buyers shun copper after prices hit record
A SIGNIFICANT chunk of Chinese copper demand has all but evaporated after the metal’s stunning surge to record levels. Copper on the…
Unsorted
China’s industrial buyers shun copper after prices hit record
A SIGNIFICANT chunk of Chinese copper demand has all but evaporated after the metal’s stunning surge to record levels. Copper on the…
Business
Jefferies takes US$30 million hit on First Brands as profit drops
Jefferies Financial Group posted a drop in quarterly profit as the bank took a US$30 million pre-tax loss tied to the collapse of…
Business
ExxonMobil signals lower oil prices could hit fourth-quarter upstream profit
US OIL major ExxonMobil said on Wednesday that lower crude oil prices could cut its fourth-quarter upstream earnings by about US$800…
Business
China’s PBOC adds gold for 14th month as prices hit record
Bullion held by the People’s Bank of China rose by 30,000 troy ounces last month China’s central bank extended its gold-buying streak to…
Business
European stocks hit another record close as banks, miners lead
EUROPEAN stocks logged a second consecutive record close on Tuesday, lifted by banks and commodity-linked shares, although gains were…
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
Green debt sales hit record levels in 2025 despite climate backlash
Europe has also rolled back some of its toughest environmental rules amid concerns about growth and competitiveness Investors have piled…
Business
Gold tops US$4,500, silver and platinum hit records in metal markets frenzy
Gold surges more than 70% this year, driven by safe-haven demand, de-dollarisation trends, central bank buying and others Gold surged past…
Business
Gold, silver hit record highs on Fed rate-cut bets
Gold and silver hit record highs on Monday (Dec 22) as softer US labour data and a tame inflation reading fuelled bets the Federal Reserve…
Business
China consumer shares hit record losing streak on weak demand
Chinese consumer stocks are headed for their longest-ever stretch of annual underperformance, and analysts expect the trajectory to…
Business
OCBC users hit by mobile and online log-in error
Subsequent checks show an error message that says OCBC is working to resolve the issue OCBC digital users were unable to log-in to the…
Business
OCBC users hit by short-lived mobile and online log-in error
Subsequent checks show an error message that says OCBC is working to resolve the issue OCBC digital users were unable to log-in to the…
Business
OCBC users hit by short-lived mobile and online log-in error; bank says issue resolved
OCBC digital users are now able to access mobile and online banking services, following a short-lived outage on Thursday (Dec 18) morning.…
Business
ANZ hit with second “strike” as shareholders dissent over pay report
AUSTRALIAN lender ANZ Group’s new CEO will forgo his short-term bonus this year, while a significant minority of shareholders opposed the…
Business
Oracle data centre plan hit as Blue Owl walks from US$10 billion deal: source
Blue Owl’s discussions with lenders and Oracle for an OpenAI-linked Michigan data centre stall after failed negotiations Oracle’s largest…
Business
Gold could hit US$5,000 an ounce in 2026 if risk hedging persists: market watchers
Returns are expected to moderate for the precious metal in the new year, say analysts Gold has surged more than 60 per cent since the…