Business
Gold reclaims US$5,000 as cooling inflation lifts Fed easing bets
Gold advanced as traders raised bets on US Federal Reserve rate cuts after a tame inflation reading, with some investors taking advantage…
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lifts
Business
Margin relief lifts outlook for DBS, OCBC and UOB, extending Singapore bank rally
Sentiment remains largely positive on the sector amid resilient asset quality, steady capital returns The three local banks may be nearing…
Business
AI boom lifts outbound travel as Singapore, Apac economies ride gains abroad
Japan, South Korea and China see strong inbound travel amid demand for pop culture tourism Asia-Pacific markets exposed to the artificial…
Business
AI boom lifts outbound travel as Singapore, Apac economies splurge abroad
Japan, South Korea and China see strong inbound travel amid demand for pop culture tourism Asia-Pacific markets exposed to the artificial…
Business
Sony lifts earnings targets after strong quarter, but PlayStation 5 sales slide
The Japanese conglomerate has, over the years, made a successful pivot from household electronics to entertainment Japan’s Sony on…
Business
Sony lifts outlook after record quarterly profit, music and sensor units shine
The Japanese conglomerate also announces an expansion in its share buyback scheme — Japan’s Sony on Thursday (Feb 5) raised its full-year…
Business
Watches of Switzerland Lifts Sales, Profit Projections After Robust Holiday Trading
LONDON – Watches of Switzerland Group raised its sales and profit targets for the full fiscal year following a robust quarter of holiday…
Business
RHB lifts ST Engineering target price to S$10.70 on record contract wins
RHB Bank maintained its “buy” call on ST Engineering while raising its target price to S$10.70 from S$9.40, it said in a note on Thursday…
Business
‘Swiftest pace of expansion’: RHB lifts OCBC target price to S$21.30 on Q4 earnings growth forecast
RHB has raised its target price for OCBC to S$21.30, driven by forecasts that the bank will post single-digit year-on-year earnings growth…
Business
Maybank lifts ROE target to 13-14% by 2030 in new five-year strategy ahead of Q4 earnings
It will invest RM10 billion in its technology, data and AI strategy over the next five years Malaysian lender Maybank on Tuesday (Jan 20)…
News
US lifts import ban on Malaysian palm oil firm FGV Holdings
The United States has lifted a ban on Malaysian palm oil firm FGV Holdings, after finding that the company had taken sufficient action to…
Business
DBS lifts target price of ST Engineering, Sats; cuts SIAEC to ‘hold’
DBS Group Research downgraded SIA Engineering Company (SIAEC) to “hold” and raised its target prices for ST Engineering and Sats, as it…
Business
Morgan Stanley lifts Asia bonuses 20% after record revenue haul
Despite a record year in Asia, the bank cautions against raising bonuses too sharply, aiming to smooth compensation Morgan Stanley…
Business
Strong January lifts odds of another record year for STI, further upside ahead: OCBC
The year may have kicked off on a shaky note for global markets with geopolitical volatility following American action in Venezuela.…
Business
Alphabet hits US$4 trillion valuation as AI refocus lifts sentiment
Alphabet briefly hit US$4 trillion in market valuation on Monday (Jan 12), as the Google parent’s sharpened artificial intelligence (AI)…
Business
Shanghai benchmark hits 10-year high as easing deflation lifts sentiment
Mainland China and Hong Kong stocks advanced on Friday (Jan 9), with the Shanghai benchmark topping the psychologically important 4,100…
Business
Trump’s U-turn on fuel economy rules lifts European carmakers' shares
The Trump administration cast the change, aimed at making it easier for automakers to sell petrol-powered cars Shares of European…
Business
Seatrium bags new BP contract; lifts order book to more than S$2 billion
Marine engineering company Seatrium on Wednesday (Nov 26) announced that it has been awarded a contract from BP Exploration and Production…
Business
Maersk lifts full-year profit guidance range, posts Q3 profit above forecast
Shipping group AP Moller-Maersk on Thursday (Nov 6) reported third-quarter operating profit above expectations and raised the lower end of…
Business
Vietnam Set for Stronger 2025 Growth as Standard Chartered Lifts Forecast to 7.5%
Standard Chartered Bank has raised its forecast for Vietnam's economic growth in 2025 to 7.5 per cent, up from the earlier projection of…
Business
Ping An profit rises as stock rally lifts investment returns
Net income climbed to 132.9 billion yuan (S$24.2 billion), from 119.2 billion yuan a year earlier Ping An Insurance (Group) said profit…
Business
RHB lifts FCT target price on improved H2 earnings, asset enhancements, lower interest rates
RHB raised its target price for Frasers Centrepoint Trust (FCT) and maintained its “buy” rating, citing steady H2 earnings alongside…
Business
RHB lifts Frasers Centrepoint Trust target price by 10.2% on improved H2 earnings, asset enhancements
RHB raised its target price for Frasers Centrepoint Trust (FCT) and maintained its “buy” rating, citing steady H2 earnings alongside…
Business
Lockheed Martin lifts 2025 forecasts on robust defence demand
The company’s total revenue rose 8.8% to US$18.61 billion in the third quarter, above analysts’ average estimate of US$18.56 billion US…